Approval of Sale of All Assets Sample Clauses

Approval of Sale of All Assets. The Members shall have the right, by the affirmative vote of Members holding at least two-thirds of all voting Capital Interests to approve the sale, exchange or other disposition of all, or substantially all, of the Company’s assets (other than in the ordinary course of the Company’s business) which is to occur as part of a single transaction or plan.
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Approval of Sale of All Assets. The Members shall not have the right to approve the sale of all assets.
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Approval of Sale of All Assets. The Initial Shareholders shall have the right, by the affirmative vote of a Majority-In-Interest of the Initial Shareholders, to approve the sale, exchange or other disposition of all, or substantially all, of the Company's assets which is to occur as part of a single transaction or plan.
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Approval of Sale of All Assets. The Member shall have the right to approve the sale, exchange or other disposition of all, or substantially all, of the Company’s assets (other than in the ordinary course of the Company’s business) which is to occur as part of a single transaction or plan.
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Approval of Sale of All Assets. Following the time periods provided for in Section 12.06, the Managers shall have the authority to approve and carry out the sale, exchange or other disposition of a material asset of the Company or its Subsidiaries, or all, or substantially all, of the Company or its Subsidiaries’ assets which is to occur as part of a single transaction or plan, subject to the prior written consent of both (1) the Managers and (2) holders of not less than the Required Percentage, such consent not to be unreasonably conditioned, delayed or withheld. Manager’s request for consent shall include all additional information reasonable requested by SRT. Any such consent to sell shall remain in effect for the longer of 120 days or the date for close of escrow for any purchase agreement specifically approved as part of the consent process (the “Sale Consent Window”); should a sale not occur within the Sale Consent Window, the consent provisions of this Section 10.04 shall be repeated. Should a Member or Manager fail to approve or reject in writing a Manager’s request for consent to approve such a sale within thirty (30) days after notice of such request, such failure shall be deemed consent by the non-responding Members or Managers to approve the sale upon terms acceptable to the Manager seeking consent to the sale. The Managers shall not sell all or substantially all of the assets during any period in which the provisions of Section 12.03 or 12.04 have been invoked.
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Approval of Sale of All Assets. The sale, exchange, or other disposition of all, or substantially all, of the Company’s property as part of a single transaction or plan shall require approval of the Members holding a minimum of 80% of all Membership Interests.
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Approval of Sale of All Assets. The affirmative vote of one hundred percent (100%) of Voting Interests of all Members shall be required to approve the sale, exchange or other disposition of all, or substantially all, of the Company's assets (other than in the ordinary course of the Company's business) which is to occur as part of a single transaction or plan.
Sample 1
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Approval of Sale of All Assets. The Partners shall have the right, by unanimous agreement, to approve the sale, exchange or other disposition of all, or substantially all, of the Partnership's Assets which is to occur as part of a single transaction or plan.
Sample 1

Related to Approval of Sale of All Assets

  • Xxxx of Sale The Xxxx of Sale, duly executed by Purchaser; and

  • Purchase and Sale of Acquired Assets Upon the terms and subject to the conditions and provisions contained herein, at the Closing (as defined in Section 2.1), the Seller shall sell, convey, assign and deliver to the Purchaser, and the Purchaser shall acquire and accept from the Seller, free and clear of any and all liens, claims, interests and encumbrances, the Seller's right, title and interest in and to the following assets of the Purchaser ("Acquired Assets"):

  • Merger, Consolidation or Sale of All or Substantially All Assets (a) Except as otherwise provided in Section 5.01(c) of the Indenture, the Guaranteeing Subsidiary may not consolidate or merge with or into or wind up into (whether or not an Issuer or Guaranteeing Subsidiary is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets, in one or more related transactions, to any Person unless:

  • Purchase and Sale of Property Subject to and in accordance with the ----------------------------- terms and provisions of this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase from Seller, the Property, which term "Property" shall mean and include the following:

  • Authorization of Sale of the Shares Subject to the terms and conditions of this Agreement, the Company has authorized the sale of up to 7,700,000 shares (the "Shares") of common stock, par value $0.001 per share (the "Common Stock"), of the Company.

  • Purchase and Sale of Equity Interest 1.1 Grant Rights Approved by Party C, Party B (the “Transferor”) hereby exclusively and irrevocably grants to Party A or any designated person (“Designated Persons”) an option to purchase, at any time according to steps determined by Party A, and at the price specified in Section 1.3 of this Agreement, from the Transferor a portion or all of the equity interests held by Party B in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. The “person” set forth in this Agreement means any individual person, corporation, joint venture, partnership, enterprise, trust or non-corporation organization.

  • Title to, Liens on, and Sale and Use of Collateral The Borrower represents and warrants to the Agent and the Lenders and agrees with the Agent and the Lenders that: (i) all of the Collateral, Pledged Collateral and Guarantor Collateral is and will continue to be owned by the Borrower or a Guarantor, as the case may be, free and clear of all Liens whatsoever, except for Permitted Liens; (ii) the Agent's Liens in the Collateral, Pledged Collateral and Guarantor Collateral will not be subject to any prior Lien; (iii) the Borrower will and will cause each Guarantor to use, store, and maintain the Collateral, Pledged Collateral and Guarantor Collateral with all reasonable care and will use such Collateral, Pledged Collateral or Guarantor Collateral for lawful purposes only; and (iv) the Borrower will not, and will not permit any Guarantor to, without the Agent's prior written approval, sell, or dispose of or permit the sale or disposition of any of the Collateral, Pledged Collateral or Guarantor Collateral, except for sales of Inventory in the ordinary course of business and sales of Equipment as permitted by Section 6.11. The inclusion of proceeds in the Collateral, Pledged Collateral or Guarantor Collateral, shall not be deemed to constitute the Agent's or any Lender's consent to any sale or other disposition of the Collateral, Pledged Collateral or Guarantor Collateral, except as expressly permitted herein.

  • Purchase and Sale of the Assets (a) Purchase and Sale of the Assets. Subject to the terms and conditions of this Agreement and on the basis of the representations, warranties, covenants and agreements herein contained:

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