Purchases and Sales of Assets Sample Clauses

Purchases and Sales of Assets. (a) Agent shall promptly effect purchases and sales of the Assets in accordance with Owner's Instructions from time to time and shall take all steps necessary to collect the proceeds of any Assets which are sold, redeemed or which have matured and shall promptly deposit or withdraw said proceeds in Clearinghouse or Available Funds as determined by the Assets in the appropriate account designated by Fund from time to time, PROVIDED that agent shall not be responsible for the collection of Assets called for redemption or otherwise payable (other than by reason of sale or other disposition by Agent) unless notice thereof is published in a national financial reporting services Agent subscribes, including but not limited to, Financial Information Services, XX Xxxxxx, or Wall Street Journal or notice is otherwise received by Agent. Agent shall not be under any duty to advise or recommend any sales or purchases of Assets for Owner's account.
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Purchases and Sales of Assets. Subject to the terms of the Security Agreement, the Account Bank shall promptly effect purchases and sales of the Assets in accordance with the Pledgee's Instructions or instructions of the Pledgee's designee from time to time, and shall take all steps necessary or advisable to collect the proceeds of any Assets which are sold, redeemed or which have matured and shall promptly deposit said proceeds in the Collateral Account, provided that the Account Bank shall not be responsible for the collection of Assets called for redemption or otherwise payable (other than by reason of sale or other disposition by the Collateral Account Bank) unless notice thereof is published in national financial reporting services to which the Account Bank subscribes, or notice is otherwise received by the Account Bank. The Account Bank shall not be under any duty to advise or recommend any sales or purchases of Assets for the Pledgee's account.
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Purchases and Sales of Assets. (a) Bank shall promptly effect purchases and sales of the Assets in accordance with Fund's Instructions from time to time and shall take all steps necessary to collect the proceeds of any Assets which are sold, redeemed or which have matured and shall promptly deposit or withdraw said proceeds in Available Funds as determined by the Assets in the appropriate account designated by Fund from time to time, provided that Bank shall not be responsible for the collection of Assets called for redemption or otherwise payable (other than by reason of sale or other disposition by Bank) unless notice thereof is published in a national financial reporting services Bank subscribes, including but not limited to, Financial Information Services, JJ Kxxxxx, xx Wall Street Journal or notice is otherwise received by Bank. Bank shall not be under any duty to advise or recommend any sales or purchases of Assets for Fund's account.
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Purchases and Sales of Assets. Agent shall promptly effect purchases and sales of the Assets in accordance with Customer's instructions from time to time, and shall take all steps necessary or advisable to collect the proceeds of any Assets which are sold, redeemed or which have matured and shall promptly deposit said proceeds in the appropriate account designated by Customer from time to time, provided that Agent shall not be responsible for the collection of Assets called for redemption or otherwise payable (other than by reason of sale or other disposition by Agent) unless notice thereof is published in national financial reporting services to which Agent subscribes, or notice is otherwise received by Agent. Agent shall not be under any duty to advise or recommend any sales or purchases of Assets for Customer's account.
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Purchases and Sales of Assets. [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request. Confidential Treatment Requested: Information for which confidential treatment has been requested is omitted and is noted with asterisks. An unredacted version of this document has been filed separately with the Securities and Exchange Commission.
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Purchases and Sales of Assets 
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Related to Purchases and Sales of Assets

  • Mergers and Sales of Assets (a) Such Borrower shall not consolidate with or merge into any other Person or convey, transfer or lease (whether in one transaction or in a series of transactions) all or substantially all of its properties and assets to any Person, unless:

  • Sales of Assets Neither the Borrower nor any of its Subsidiaries shall sell, assign, transfer, lease, convey or otherwise dispose of any property, whether now owned or hereafter acquired, or any income or profits therefrom, or enter into any agreement to do so, except:

  • Purchases of Assets Fund will, on each business day on which a purchase of Assets shall be made by it, deliver to Custodian Instructions which shall specify with respect to each such purchase:

  • Purchase and Sale of Assets (a) Upon and subject to the terms and conditions of this Agreement, the Buyer shall purchase from the Seller, and the Seller shall sell, transfer, convey, assign and deliver to the Buyer, at the Closing, for the consideration specified below in this Article I, all right, title and interest in, to and under the Acquired Assets.

  • Purchases and Sales Neither the Corporation nor any Subsidiary has approved, entered into any agreement in respect of, or has any knowledge of:

  • Consolidations, Mergers and Sales of Assets No Loan Party will, nor will it permit any Subsidiary of a Loan Party to, consolidate or merge with or into, or sell, lease or otherwise transfer all or any substantial part of its assets to, any other Person, or discontinue or eliminate any business line or segment, provided that (a) a Loan Party may merge with another Person if (i) such Person was organized under the laws of the United States of America or one of its states, (ii) the Loan Party is the corporation surviving such merger, (iii) immediately after giving effect to such merger, no Default shall have occurred and be continuing, and (iv) if the Borrower merges with another Loan Party, the Borrower is the corporation surviving such merger, (b) Subsidiaries of a Loan Party (excluding Loan Parties) may merge with one another, (c) a Loan Party (other than the Borrower or an Eligible Guarantor) may transfer all or any part of its assets to another Loan Party, (d) a Loan Party may sell Inventory in the ordinary course of business and for fair value, and (e) the foregoing limitation on the sale, lease or other transfer of assets and on the discontinuation or elimination of a business line or segment shall not prohibit, during any Fiscal Quarter, a transfer of assets or the discontinuance or elimination of a business line or segment (in a single transaction or in a series of related transactions) unless the aggregate assets to be so transferred or utilized in a business line or segment to be so discontinued, when combined with all other assets transferred (excluding assets transferred under Sections 5.17(d)), and all other assets utilized in all other business lines or segments discontinued, during such Fiscal Quarter and the immediately preceding three Fiscal Quarters have a fair market value or book value whichever is greater (determined with respect to each such asset transferred or discontinued) of more than $20,000,000.

  • Sales, Etc. of Assets Sell, lease, transfer or otherwise dispose of, or permit any of its Subsidiaries to sell, lease, transfer or otherwise dispose of, any assets, or grant any option or other right to purchase, lease or otherwise acquire any assets, except:

  • Merger and Sale of Assets If at any time there shall be a capital reorganization of the shares of the Company's stock (other than a combination, reclassification, exchange or subdivision of shares otherwise provided for herein), or a merger or consolidation of the Company with or into another corporation when the Company is not the surviving corporation, or the sale of all or substantially all of the Company's properties and assets to any other person (hereinafter referred to as a "Merger Event"), then, as a part of such Merger Event, lawful provision shall be made so that the Warrantholder shall thereafter be entitled to receive, upon exercise of the Warrant, the number of shares of preferred stock or other securities of the successor corporation resulting from such Merger Event, equivalent in value to that which would have been issuable if Warrantholder had exercised this Warrant immediately prior to the Merger Event. In any such case, appropriate adjustment (as determined in good faith by the Company's Board of Directors) shall be made in the application of the provisions of this Warrant Agreement with respect to the rights and interest of the Warrantholder after the Merger Event to the end that the provisions of this Warrant Agreement (including adjustments of the Exercise Price and number of shares of Preferred Stock purchasable) shall be applicable to the greatest extent possible.

  • Dispositions of Assets Until the first day after the Restriction Period, none of SpinCo or any member of the SpinCo Group shall sell, transfer, or otherwise dispose of or agree to dispose of assets (including, for such purpose, any shares of capital stock of a Subsidiary and any transaction treated for tax purposes as a sale, transfer or disposition) that, in the aggregate, constitute more than 60 percent of the gross assets of SpinCo, nor shall SpinCo or any member of the SpinCo Group sell, transfer, or otherwise dispose of or agree to dispose of assets (including, for such purpose, any shares of capital stock of a Subsidiary and any transaction treated for tax purposes as a sale, transfer or disposition) that, in the aggregate, constitute more than 60 percent of the consolidated gross assets of the SpinCo Group. The foregoing sentence shall not apply to sales, transfers, or dispositions of assets in the ordinary course of business. The percentages of gross assets or consolidated gross assets of SpinCo or the SpinCo Group, as the case may be, sold, transferred, or otherwise disposed of, shall be based on the fair market value of the gross assets of SpinCo and the members of the SpinCo Group as of the Distribution Date. For purposes of this Section 4(b)(v), a merger of SpinCo or one of its Subsidiaries with and into any Person shall constitute a disposition of all of the assets of SpinCo or such Subsidiary.

  • Mergers, Consolidations and Sales of Assets (a) The Company will not, and will not permit any Consolidated Subsidiary to, consolidate with or be a party to a merger with any other Person or dispose of all or a substantial part of the assets of the Company and its Consolidated Subsidiaries; provided that:

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