Sales and Other Dispositions. The Borrower shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, sell, lease, license, abandon or otherwise transfer or dispose of any of its assets or property of any nature except:
Sales and Other Dispositions. (a) The Stockholder covenants and agrees that during the term of this Agreement neither he nor any of his Affiliates shall sell, transfer, hypothecate, pledge or otherwise dispose of any shares of Voting Stock except:
Sales and Other Dispositions. The Company will not, and will not permit any Subsidiaries to, directly or indirectly sell, lease, abandon or otherwise transfer or dispose of any substantial amount of its assets or property, or sell, lease, abandon or otherwise transfer or dispose of any of its assets or property of any nature except in the ordinary course of its business, except as follows:
Sales and Other Dispositions. (a) The Company will not sell, transfer or otherwise dispose of, or permit any Subsidiary to sell, transfer or otherwise dispose of, any assets other than in the ordinary course of business or (b) issue, sell, transfer or otherwise dispose of, or permit any Subsidiary to issue, sell, transfer or otherwise dispose of, any shares of the capital stock of any Subsidiary (the items covered by (a) and (b) being hereinafter called a "Disposition" and the term "Disposed of" being used herein with correlative meaning), unless such Disposition is made for consideration having a value at least equal to the fair value of such property as determined in good faith by the board of directors of the Company and, in the case of a Disposition under (b) herein, as part of the sale of all shares or capital stock of such Subsidiary and, in the case of any such Disposition, so long as immediately after the consummation of such Disposition, and after giving effect thereto, no Default or Event of Default would exist. In addition, if immediately after the consummation of any Disposition described below, and after giving effect thereto, no Default or Event of Default would exist, the Company may make:
Sales and Other Dispositions. The Borrower will not, and will not permit any Subsidiaries to, directly or indirectly, whether in a single transaction or series of related transactions, sell, lease, license, abandon or otherwise transfer or dispose of (any such transaction being a "transfer") any of its assets or property of any nature except (a) sales of inventory in the ordinary course of its business, (b) transfers to a wholly-owned Subsidiary of the Borrower or to the Borrower, (c) transfers of assets no longer used or useful in the business of the Borrower and its Subsidiaries, for substantially market value, the proceeds of which are used within ninety (90) days of transfer to purchase or otherwise acquire capital assets for use in the business of the Borrower and its Subsidiaries, (d) subject to the mandatory prepayment requirement of Subsection 1.2.6(d), transfers of assets no longer used or useful in the business of the Borrower and its Subsidiaries, for substantially market value, the proceeds of which are not used within ninety (90) days of transfer to purchase or otherwise acquire capital assets for use in the business of the Borrower and its Subsidiaries, to the extent the value thereof does not exceed $500,000.00 singly or in the aggregate in any fiscal year, (e) subject to the mandatory prepayment requirement of Subsection 1.2.6(d), other transfers specifically agreed to in writing by the Majority Lenders, and (f) the lease or sublease of real property (other than the South Carolina Property which will not be leased without the Agent's consent) not constituting a sale and leaseback, to the extent not otherwise prohibited by this Agreement.
Sales and Other Dispositions. Parent shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, sell, lease, license, abandon or otherwise transfer or dispose of any of its assets or property of any nature except:
Sales and Other Dispositions. Sell, lease, assign, transfer or otherwise dispose of (i) Collateral, except as otherwise specifically permitted by this Financing Agreement, or (ii) either all or substantially all of any Obligor’s or the Obligors’ assets, which do not constitute Collateral; provided, however, that as long as there has not occurred an Event of Default that is continuing which has not been waived in writing by Agent and no Default or Event of Default would occur after giving effect thereto, neither this Section 7.10(c) nor any other provisions of this Financing Agreement shall prohibit:
Sales and Other Dispositions. (a) The Shareholders covenant and agree that during the term of this Agreement, without the prior written consent of the Company approved by two-thirds of the directors of the Company, neither they nor any of their Affiliates or Family Members shall sell, transfer, hypothecate, pledge or otherwise dispose of any shares of Company Stock except:
Sales and Other Dispositions. (a) Perry covenants and agrees that it will not, and will cause its Affiliates and Associates not to, sell, transfer, hypothecate, pledge or otherwise dispose of any shares of Voting Stock except:
Sales and Other Dispositions. 94 8.8 Existence. 95 8.9 Compliance with Law. 95 8.10 Payment of Taxes and Claims. 95 8.11 Tax Consolidation. 95 8.12 Compliance with ERISA, Canadian Pension Laws. 96
