Sales of Assets and Subsidiary Stock Sample Clauses

Sales of Assets and Subsidiary Stock. (a) The Company will not, and will not permit any Restricted Subsidiary to, make any Asset Disposition unless:
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Sales of Assets and Subsidiary Stock. The Parent and Borrower will not, and will not permit any Subsidiary to, directly or indirectly, consummate any Asset Disposition unless:
Sales of Assets and Subsidiary Stock. Convey, sell, lease or otherwise dispose of (or agree to do any of the foregoing without the Agent's prior written consent) all or any part of the property or assets of a Subsidiary of Borrower with a value in excess of $1,000,000 unless Borrower or such Subsidiary receives consideration at the time of such disposition at least equal to the fair market value, as determined in good faith by the board of directors of such Person (including a determination as to the value of all noncash consideration), of the shares and assets subject to such disposition. The Net Sale Proceeds of any disposition shall be applied in the manner set forth in SECTION 4.3.
Sales of Assets and Subsidiary Stock. The Company will not, and will not permit any of its Restricted Subsidiaries to, make any Asset Disposition. Limitation on Affiliate Transactions.
Sales of Assets and Subsidiary Stock. (a) Borrower will not, and will not permit any of its Restricted Subsidiaries to, make any Asset Sale unless:
Sales of Assets and Subsidiary Stock. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, make any Asset Disposition unless: the Company or such Restricted Subsidiary, as the case may be, receives consideration (including by way of relief from, or by any other Person assuming responsibility for, any liabilities, contingent or otherwise) at least equal to the fair market value (such fair market value to be determined on the date of contractually agreeing to such Asset Disposition), as determined in good faith by the Board of Directors of the Company, of the shares and assets subject to such Asset Disposition (including, for the avoidance of doubt, if such Asset Disposition is a Permitted Asset Swap); in any such Asset Disposition, or series of related Asset Dispositions (except to the extent the Asset Disposition is a Permitted Asset Swap), at least 75% of the consideration from such Asset Disposition (including by way of relief from, or by any other Person assuming responsibility for, any liabilities, contingent or otherwise) received by the Company or such Restricted Subsidiary, as the case may be, is in the form of cash or Cash Equivalents; and the Company or any of its Restricted Subsidiaries, at its respective option, will apply such Net Available Cash from any Asset Disposition:
Sales of Assets and Subsidiary Stock. Convey, sell, lease or otherwise dispose of (or agree to do any of the foregoing without the Agent's prior written consent) all or any part of the property or assets of a Subsidiary of Borrower with a value in excess of $1,000,000 unless Borrower or such Subsidiary receives consideration at the time of such disposition at least equal
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Sales of Assets and Subsidiary Stock. Convey, sell, lease or otherwise dispose of all or any part of the property or assets of Borrower or any Subsidiary of Borrower except for (i) sales or dispositions of assets for fair market value (as determined by the board of directors of Borrower), provided that the net cash proceeds of such sales or dispositions, when aggregated with all other such sales or dispositions occurring on or after November 19, 2003 do not exceed $250,000; (ii) sales or dispositions of assets contemplated by the BMG Harvesting Plan provided that the Net Sale Proceeds thereof are paid directly by the purchasers thereof to the Agent; and (iii) the sale for fair market value (as determined by the board of directors of Borrower) of the owned real property located in Azusa, California provided that the Net Sale Proceeds thereof are paid directly by the purchaser to the Agent; provided, however, that the Net Sale Proceeds of any sale or disposition permitted under clauses (i) or (iii) above are applied in the manner required by Section 4.3(c) and any sale or disposition permitted by clause (ii) above is applied in the manner required by the BMG Harvesting Payment Schedule."
Sales of Assets and Subsidiary Stock. 5.1 The Parent will not, and will not permit any of its Restricted Subsidiaries to, make any Asset Disposition unless:
Sales of Assets and Subsidiary Stock. (a) The Parent Guarantor shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, consummate any Asset Disposition unless:
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