Common use of Asset Dispositions, etc Clause in Contracts

Asset Dispositions, etc. The Borrower will not sell, transfer, lease, contribute or otherwise convey, or grant options, warrants or other rights with respect to, all or any substantial part of its assets to any Person other than in the ordinary course of business and other than the disposal of damaged or obsolete property if such property is no longer necessary for the operation of the Borrower's business.

Asset Dispositions, etc. The Borrower will not sell, transfer, lease, contribute or otherwise convey, or grant options, warrants or other rights with respect to, all or any substantial part of its assets (including accounts receivable) to any Person (other than another Securing Group Company), unless such sale, transfer, lease, contribution or conveyance (a) is in the ordinary course of its business and other than the disposal of damaged or obsolete property if such property (b) is no longer necessary for the operation of the Borrower's businessa Permitted Other Disposition.

Asset Dispositions, etc. The Borrower will not sell, transfer, lease, contribute or otherwise convey, or grant options, warrants or other rights with respect to, all or any substantial part of its assets (including accounts receivable and partnership interests in Material Subsidiaries) to any Person other than Person, unless such sale, transfer, lease, contribution or conveyance is in the ordinary course of its business and other than the disposal or is a disposition of damaged assets which are obsolete or obsolete property if such property is are no longer necessary for used or useful in the operation business of the Borrower's business.

Asset Dispositions, etc. The Borrower will not sell, transfer, lease, contribute or otherwise convey, or grant options, warrants or other rights with respect to, all or any substantial part of its assets to any Person other than Person, unless done in accordance with the ordinary course of business and other than the disposal of damaged or obsolete property if such property is no longer necessary for the operation of the Borrower's businessInvestment Policies.