Common use of Transfer of Assets Clause in Contracts

Transfer of Assets. Sell, transfer, lease, or otherwise dispose of any of its assets, except in the ordinary course of business.

Appears in 53 contracts

Samples: Master Loan Agreement (American Crystal Sugar Co /Mn/), Master Loan Agreement (Green Plains Renewable Energy, Inc.), Term Revolving Credit Agreement (Calavo Growers Inc)

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Transfer of Assets. Sell, transfer, lease, assign or otherwise dispose of or transfer any of its assetsassets for less than reasonably equivalent value, except in the ordinary normal course of its business.

Appears in 10 contracts

Samples: Payment and Security Agreement (Bioheart, Inc.), Payment and Security Agreement (Bioheart, Inc.), Payment and Security Agreement (Bioheart, Inc.)

Transfer of Assets. Sell, transfer, lease, assign, pledge or otherwise dispose of any of its assetsproperties, stock or assets (including without limitation, the Collateral), whether now owned or hereafter acquired, except in the ordinary course of businessbusiness and for fair market value.

Appears in 3 contracts

Samples: Revolving Line of Credit Loan Agreement and Security Agreement (Efj Inc), Credit Loan Agreement and Security Agreement (Student Advantage Inc), Credit Loan Agreement and Security Agreement (Dunn Computer Corp /Va/)

Transfer of Assets. Sell, transfer, lease, or otherwise dispose of any of its assets, except except: (a) in the ordinary course of business; and (b) the sale, transfer or disposal of any obsolete or worn-out assets that are no longer necessary or required in the conduct of the Borrower’s business.

Appears in 3 contracts

Samples: Credit Agreement (Golden Grain Energy), Credit Agreement (South Dakota Soybean Processors LLC), Credit Agreement (Lincolnway Energy, LLC)

Transfer of Assets. Sell, transfer, lease, transfer or otherwise dispose Dispose of any of its assets, except in the ordinary course of business.assets other than:

Appears in 3 contracts

Samples: Credit Agreement (Stewart Enterprises Inc), Credit Agreement (Stewart Enterprises Inc), Credit Agreement (Stewart Enterprises Inc)

Transfer of Assets. Sell, transfer, lease, assign or otherwise dispose of or transfer any of its assets, except in the ordinary normal course of its business.

Appears in 1 contract

Samples: Loan Agreement (RGC Resources Inc)

Transfer of Assets. Sell, transfer, lease, or otherwise dispose of any of its assets, except in the ordinary course of Borrower's business.

Appears in 1 contract

Samples: Credit Agreement (Pro Fac Cooperative Inc)

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Transfer of Assets. Sell, transfertransfer or assign any assets, lease, whether now owned or otherwise dispose of any of its assetshereafter acquired, except in the ordinary course of businessbusiness for value received.

Appears in 1 contract

Samples: Credit Loan Agreement (Avangard Capital Group, Inc)

Transfer of Assets. Sell, transfer, lease, or otherwise dispose of any of its assets, except except: (a) in the ordinary course of business; and (b) the sale, transfer or disposal of any obsolete or worn-out assets that are no longer necessary or required in the conduct of the Borrower's business.

Appears in 1 contract

Samples: Credit Agreement (South Dakota Soybean Processors LLC)

Transfer of Assets. Sell, transfer, lease, or otherwise dispose of any of its assets, except except: (a) in the ordinary course of business; and (b) the sale, transfer or disposal of any obsolete or worn-out assets that are no longer necessary or required in the conduct of the Borrower's business, provided that, in each calendar year, the Borrower shall not sell, transfer, or dispose such assets in excess of $200,000.00 in the aggregate for such year.

Appears in 1 contract

Samples: Credit Agreement (U. S. Premium Beef, LLC)

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