Termination of Operations; Sale of Assets Sample Clauses

Termination of Operations; Sale of Assets. Except as expressly permitted under this Agreement, any Security Party ceases its operations or sells or otherwise disposes of all or substantially all of its assets or all or substantially all of the assets of any Security Party are seized or otherwise appropriated; or
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Termination of Operations; Sale of Assets. Any Security Party or Vessel Owning Entity ceases its operations or sells or otherwise disposes of all or substantially all of its assets or all or substantially all of the assets thereof are seized or otherwise appropriated; or
Termination of Operations; Sale of Assets. Except as expressly permitted under this Agreement, (i) the Borrower and its Subsidiaries (taken as a whole) (a) ceases its operations or (b) sells or otherwise disposes of all or substantially all of its assets, (ii) all or substantially all of the assets of the Borrower and its Subsidiaries (taken as a whole) are seized or otherwise appropriated or (iii) any Security Party or any Helicopter Owning Subsidiary is dissolved or its usual business ceases or is suspended, provided that if a Helicopter Owning Subsidiary is to be dissolved or is to cease or suspend its usual business, it must first transfer all of its assets, including all Mortgaged Helicopters, to another Helicopter Owning Subsidiary which must then mortgage such Mortgaged Helicopters in favor of the Administrative Agent; or
Termination of Operations; Sale of Assets except as expressly permitted under this Agreement, any Obligor ceases its operations or sells or otherwise disposes of all or substantially all of its assets or all or substantially all of the assets of any Security Party or any Subsidiary thereof are seized or otherwise appropriated; or
Termination of Operations; Sale of Assets. Except as expressly permitted under this Agreement, the Borrower or any Project Entity ceases its operations or sells or otherwise disposes of all or substantially all of its assets or all or substantially all of the assets of the Borrower or any Project Entity are seized or otherwise appropriated; or
Termination of Operations; Sale of Assets. Except as expressly permitted under this Agreement or as contemplated by the EGS Borrower Restructuring any Security Party ceases its operations or sells or otherwise disposes of all or substantially all of its assets or all or substantially all of the assets of any Security Party are seized or otherwise appropriated; or
Termination of Operations; Sale of Assets. Any Credit Party ceases its operations or sells or otherwise disposes of all or substantially all of its assets (unless otherwise permitted pursuant to the terms hereof) or all or substantially all of the assets thereof are seized or otherwise appropriated; or
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Termination of Operations; Sale of Assets. (i) Any Transaction Obligor ceases its operations or (ii) any Obligor sells or otherwise disposes of all or substantially all of its assets or all or substantially all of the assets thereof are seized or otherwise appropriated; or
Termination of Operations; Sale of Assets. Except as expressly permitted under Clause 9.2(e) of this Agreement, the Borrower ceases its operations or sells or otherwise disposes of all or substantially all of its assets or all or substantially all of the assets of any Security Party are seized or otherwise appropriated; or
Termination of Operations; Sale of Assets. Except as expressly permitted under this Agreement, (i) the Borrower and its Subsidiaries (taken as a whole) (a) ceases its operations or (b) sells or otherwise disposes of all or substantially all of its assets, (ii) all or substantially all of the assets of the Borrower and its Subsidiaries (taken as a whole) are seized or otherwise appropriated or (iii) any Security Party or any Helicopter Owning Subsidiary is dissolved or its usual business ceases or is suspended and in the case of a Helicopter Owning Subsidiary that is permitted to dissolve or to cease or suspend its usual business under Section 10.1(b)(ii) of this Agreement, such Helicopter Owning Subsidiary does not, prior to such dissolution or cessation, transfer all of its assets, including all Mortgaged Helicopters, to another Helicopter Owning Subsidiary which must then mortgage such Mortgaged Helicopters in favor of the Administrative Agent; or
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