Common use of Capital Assets; Payments of Liabilities Clause in Contracts

Capital Assets; Payments of Liabilities. Neither the Company nor the Partnership shall, without the prior written approval of Vision 21 (a) acquire or dispose of any capital asset having a fair market value of $5,000 or more, or acquire or dispose of any capital asset outside of the ordinary course of business or (b) discharge or satisfy any lien or encumbrance or pay or perform any obligation or liability other than (i) liabilities and obligations reflected in the Financial Statements, or (ii) current liabilities and obligations incurred in the usual and ordinary course of business since the Partnership Balance Sheet Date and, in either case (i) or (ii) above, only as required by the express terms of the agreement or other instrument pursuant to which the liability or obligation was incurred.

Capital Assets; Payments of Liabilities. Neither the Company nor the Partnership shallThe Acquired Companies shall not, without the prior written approval of Vision 21 Purchaser (a) acquire or dispose of any capital asset having a fair market value of $5,000 20,000 or more, or acquire or dispose of any capital asset outside of the ordinary course of business or (b) discharge or satisfy any lien or encumbrance or pay or perform any obligation or liability other than (i) liabilities and obligations reflected in the Financial Statements, Statements or (ii) current liabilities and obligations incurred in the usual and ordinary course of business since the Partnership Acquired Companies Balance Sheet Date and, in either case (i) or (ii) above, only as required by the express terms of the agreement or other instrument pursuant to which the liability or obligation was incurred.

Capital Assets; Payments of Liabilities. Neither the Company nor the The Partnership shallshall not, without the prior written approval of Vision 21 (a) acquire or dispose of any capital asset having a fair market value of $5,000 or more, or acquire or dispose of any capital asset outside of the ordinary course of business or (b) discharge or satisfy any lien or encumbrance or pay or perform any obligation or liability other than (i) liabilities and obligations reflected in the Financial Statements, Statements or (ii) current liabilities and obligations incurred in the usual and ordinary course of business since the Partnership Balance Sheet Date and, in either case (i) or (ii) above, only as required by the express terms of the agreement or other instrument pursuant to which the liability or obligation was incurred.