Sell Assets Sample Clauses

Sell Assets. Subject to any necessary consent or approval of any judicial, administrative, governmental or other regulatory body, office or agency, sell, convert into money and realize any Security Asset by public auction or private contract, dispose of, grant options and other rights in respect of and exercise all other rights conferred on an owner under any statute, at common law or otherwise, in respect of any Security Asset and generally in such manner and on such terms (which may consist wholly or partly of shares or securities of any company or body corporate) as the Receiver shall think fit and transfer, convey, assign or grant an assurance of the same in the name and on behalf of the Owner. Without prejudice to the generality of the foregoing, the Receiver may do any of these things for a consideration consisting of cash, debentures or other obligations, shares or other valuable consideration in cash or in any other form whatsoever and any such consideration may be payable in a lump sum or by installments spread over such period as the Receiver may think fit;
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Sell Assets. None of Borrower, any Subsidiary or any Portfolio Entity-50% shall assign, sell or transfer any of its Assets to any Person, other than in the ordinary course of business and for fair and adequate consideration (and, in the case of Assets constituting Equity Interests, only to the extent permitted by Section 8.8(a)); provided that the foregoing shall not restrict (i) an REO Affiliate from transferring its Assets to the Person which owns all of its equity interests or to any other Person which is not a Subsidiary or Affiliate of Borrower or such REO Affiliate or (ii) any Person which owns all of the equity interests in an REO Affiliate from transferring distressed notes secured by real estate (and such real estate security) to such REO Affiliate.
Sell Assets to sell, exchange, convert into money and realise or otherwise howsoever dispose of all or any part of the Security Assets by public auction or private contract and generally in such manner and on such terms as he shall think proper. Without prejudice to the generality of the foregoing he may do any of these things for a consideration or for a nil consideration consisting of cash, debentures or other obligations, shares, stock or other valuable consideration and any such consideration may be payable in a lump sum or by instalments spread over such period as he may think fit. Any such sale, exchange, conversion or realisation and disposal may be on terms excluding or restricting the liability of the Lender or the Receiver;
Sell Assets. None of Borrower, any Primary Obligor, any Mid-Tier Company. any Existing S Co. or any Wholly-Owned Subsidiary shall assign, sell or transfer any of its Assets to any Person other than in the ordinary course of business (and, in the case of Assets constituting Equity Interests only to the extent permitted by Section 8.8(a))(it being acknowledged by Borrower that no assignment, sale or transfer of assets by Borrower, any Primary Obligor, any Mid-Tier Company, any Subsidiary of Borrower or any Existing S Co. to any Affiliate or Associate or Subsidiary of Borrower (whether or not wholly owned) or of any Mid-Tier Company or Existing S Co. or to any other Secondary Obligor or any Affiliate or Associate thereof shall be deemed to constitute a transaction in the ordinary course of business); provided that the foregoing shall not restrict (i) an REO Affiliate from transferring its assets to the Person which owns all of its equity interests or to any other Person which is not a Subsidiary or Affiliate of the Borrower or such REO Affiliate or (ii) any Person which owns all of the equity interests in an REO Affiliate from transferring distressed notes secured by real estate (and such real estate security) to such REO Affiliate.
Sell Assets. Neither Borrower nor any of its REO Affiliates shall assign, sell or transfer any of its Assets to any Person, other than in the ordinary course of business and for fair and adequate consideration; provided that the foregoing shall not restrict (i) an REO Affiliate from transferring its Assets to the Person which owns all of its equity interests or to any other Person which is not a Subsidiary or Affiliate of Borrower, FirstCity or such REO Affiliate or (ii) Borrower from transferring distressed notes secured by real estate (and such real estate security) to any of its permitted REO Affiliates.
Sell Assets to sell, exchange, grant options to purchase, license, surrender, release, disclaim, abandon, return or otherwise dispose of, convert into money or realise all or any part of the Security Shares by public auction or private contract and generally in such manner and on such terms as he shall think proper or to concur in any such transaction. Without prejudice to the generality of the foregoing he may do any of these things for a consideration consisting of cash, debentures or other obligations, shares, stock or other valuable consideration and any such consideration may be payable in a lump sum or by instalments spread over such period as he may think fit;
Sell Assets. Borrower shall not assign, sell or transfer any of its Assets to any Person, other than in the ordinary course of business and for fair and adequate consideration.
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Sell Assets it shall not sell, transfer or otherwise dispose of any of its assets, except that the Borrower may enter into sales transactions in the ordinary course of business and may dispose of worn out, obsolete or replaced assets;
Sell Assets. Other than the transfer of the FLBG2 Collateral contemporaneously herewith and as contemplated by the RNF2, none of Borrower, any Subsidiary or any Portfolio Entity-50% shall assign, sell or transfer any of its Assets to any Person, other than in the ordinary course of business and for fair and adequate consideration (and, in the case of Assets constituting Equity Interests, only to the extent permitted by Section 8.8(a)); provided that the foregoing shall not restrict (i) an REO Affiliate from transferring its Assets to the Person which owns all of its equity interests or to any other Person which is not a Subsidiary or Affiliate of Borrower or such REO Affiliate or (ii) any Person which owns all of the equity interests in an REO Affiliate from transferring distressed notes secured by real estate (and such real estate security) to such REO Affiliate.
Sell Assets. Sell, lease, abandon, exchange or otherwise dispose of, directly or indirectly, any material assets or undertakings of Wilshire;
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