Common use of Sales of Assets, Etc Clause in Contracts

Sales of Assets, Etc. The Borrower shall not, and shall not permit any of its Subsidiaries to sell, lease, exclusively license (in terms of geography or field of use), transfer, or otherwise dispose of any of its assets or property (including accounts receivable, Intellectual Property or Equity Interests of Subsidiaries), or forgive, release or compromise any amount owed to the Borrower or any such Subsidiary, in each case, in one transaction or series of transactions (any thereof, an “Asset Sale”), except:

Sales of Assets, Etc. The Borrower shall not, and shall not permit any of its Subsidiaries to sell, lease, exclusively license (in terms including, without limitation, by territory or by field of geography use except where the exclusive license to the territory or field of useuse would not have a Material Adverse Effect), transfer, or otherwise dispose of any of its assets or property (including accounts receivable, Intellectual Property or Equity Interests of Subsidiaries), or forgive, release or compromise any amount owed to the Borrower or any such Subsidiary, in each case, in one transaction or series of transactions (any thereof, an “Asset Sale”), except: