Common use of No Dispositions Clause in Contracts

No Dispositions. Acquiror shall not sell, lease, pledge, encumber or otherwise dispose of or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its material assets except in the ordinary course of business consistent with prior practice and in no event amounting in the aggregate to more than $5,000 in value of such assets.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (IElement CORP), Agreement and Plan of Merger (IElement CORP), Agreement and Plan of Merger (Global Diversified Acquisition Corp)

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No Dispositions. Acquiror shall not sell, lease, pledge, encumber or otherwise dispose of of, or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its assets that are material to its business, or any other assets except in the ordinary course of business consistent with prior practice and in no event amounting in the aggregate to more than $5,000 in value of such assetspractice.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Moran Frederick A), Agreement and Plan of Merger (Moran Frederick W), Agreement and Plan of Merger (VDC Corp LTD)

No Dispositions. Acquiror shall not sell, lease, pledge, encumber or otherwise dispose of of, or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its material assets that are material, or any other assets except in the ordinary course of business consistent with prior practice and in no event amounting in the aggregate to more than $5,000 in value of such assetspractice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pacific Rim Entertainment Inc), Agreement and Plan of Merger (Pacific Rim Entertainment Inc)

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No Dispositions. Acquiror shall not sell, lease, --------------- pledge, encumber or otherwise dispose of of, or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its material assets that are material, or any other assets except in the ordinary course of business consistent with prior practice and in no event amounting in the aggregate to more than $5,000 in value of such assetspractice.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Skynet Holdings Inc)

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