Disposal of Assets Generally. Dispose of, or permit any of its Subsidiaries (other than Exempt Immaterial Subsidiaries) to Dispose of, any Assets to any Person, other than Permitted Dispositions, so long as (other than in respect of a Permitted Disposition described in clause (ii) of the definition thereof) no Event of Default has occurred and is continuing or would result therefrom.
Disposal of Assets Generally. Dispose of any property or asset (including, without limitation, any securities other than securities issued directly from such Credit Party’s treasury) other than (i) bona fide sales of inventory in the ordinary course of business for the purpose of carrying on the Business and at fair market value, (ii) the sale of any asset (other than securities) which has no material economic value in the Business and is obsolete provided the fair market value of such asset does not exceed, when aggregated with the fair market value of all other assets sold in reliance on this Section 8.2(d)(ii), the aggregate sum of $100,000, and (iii) any Disposal to the extent the related Disposal Proceeds are applied in prepayment of the Advances as contemplated under Article 4.
Disposal of Assets Generally. Sell, exchange, lease, release or abandon or otherwise Dispose of any of its Assets to any Person, other than:
Disposal of Assets Generally. Dispose of, or permit any of the Guarantors to Dispose of, any Assets to any Person, other than, (i) any disposition of Assets between the Loan Parties; (ii) pursuant to a transaction consummated in accordance with Section 8.02(c); (iii) Dispositions of inventory and other Assets in the ordinary course of business; (iv) so long as no Default has occurred and is continuing or would arise therefrom and no Event of Default has occurred, the Disposition of the Florida Sun or any of the Osprey Tangible Assets at arm’s length and at fair market value; (v) so long as no Default has occurred and is continuing or would arise therefrom and no Event of Default has occurred, any other bona fide Dispositions at fair market value, provided the proceeds thereof are dealt with in accordance with Section 2.05(2) hereof to the extent applicable, and in any event limited to an aggregate maximum amount during the Term of Facility A, Term Facility B or Term Facility C, whichever expires last, together with all sale and leaseback transactions referred to in clause (vii) below, of $50,000,000 (provided that for greater certainty, the aforesaid limit of $50,000,000 shall not apply in respect of proceeds of any Disposition that are reinvested in accordance with Section 2.05(2) hereof); (vi) Dispositions of Assets which are obsolete, worn out, surplus, damaged or of no material economic value in the Business; (vii) sale and leaseback transactions, subject to the limitations in clause (v) above, and (viii) so long as no Default has occurred and is continuing or would arise therefrom and no Event of Default has occurred, bona fide exchanges of similar Assets at fair market value.”.
Disposal of Assets Generally. Sell, exchange, lease, release or abandon or otherwise dispose of, or permit any other Company Party to sell, exchange, lease, release or abandon or otherwise dispose of, any assets or properties to any Person other than Permitted Asset Dispositions;
Disposal of Assets Generally. Dispose of any Assets to any Person except:
Disposal of Assets Generally. Dispose of the Restricted Account or the Restricted Account Collateral to any Person;
Disposal of Assets Generally. Sell, exchange, lease, release or abandon or otherwise dispose of, or permit any of the Subsidiaries to sell, exchange, lease, release or abandon or otherwise dispose of, any assets or properties or interests therein to any Person.
Disposal of Assets Generally. Sell, exchange, lease, release or abandon or otherwise dispose of, or permit any of its Subsidiaries to sell, exchange, lease, release or abandon or otherwise dispose of any assets to any Person other than (i) any bona fide sales, exchanges, leases, abandonments or other dispositions in the ordinary course of business, for the purpose of carrying on the business of the Company; (ii) property or assets which have no material economic value in the business of the Company or are obsolete; and (iii) assets having a fair market value of not greater than Cdn. $100,000 in the aggregate in any fiscal year.
Disposal of Assets Generally. Sell, exchange, lease, release or abandon or otherwise dispose (a “Disposition”) of, or permit any of its Subsidiaries to Dispose of, any assets or properties in excess of U.S. $3,000,000 (or the Equivalent Amount in any other currency or currencies) to any Person other than (i) bona fide sales, exchanges, leases, abandonments or other dispositions in the ordinary course of business for the purpose of carrying on the Core Business or the Subsidiary’s business, as the case may be, and at fair market value, (ii) property or assets which have no material economic value in the Core Business or the Subsidiary’s business or are obsolete.
