Common use of Disposals Clause in Contracts

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent Company shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) not and whether voluntary or involuntary involuntary) to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) Disposal or a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Obligors shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent Guarantor shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (aSection 9.14(a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent Company shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (aClause 26.13(a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) , a Permitted Distribution or a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor The Borrower shall not (and the Parent shall ensure that no other member of the Group will) ), enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which isdisposal: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no member of the other Group Member will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Relevant Obligor shall (and the Parent Company shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below: (a) The Borrower shall not enter into, no Obligor shall (and the Parent it shall ensure that no each other member of the Group will) shall not enter into into, a single transaction or a series of transactions (whether related or not) not and whether voluntary or involuntary involuntary) to sell, lease, transfer or otherwise dispose of all or any assetpart of any asset (including all or any part of the Property or all or any part of the shares in the Borrower and/or the Senior Borrower). (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) that is a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Issuer shall ensure that no member of the other Group Company will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no member of the other Group Company will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transactionthat does not require approval from the shareholders of the Parent.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does shall not apply in relation to any sale, lease, transfer or other disposal which isdisposal: (i) where such disposal would not have a Permitted DisposalMaterial Adverse Effect; orand (ii) arising as a direct result of a Permitted TransactionReorganisation.

Disposals. (a) Except as permitted under paragraph (b) below, no Relevant Obligor shall (and the Parent Company shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Obligors shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does shall not apply in relation to any sale, lease, transfer or other disposal which isdisposal: (i) where such disposal would not have a Permitted DisposalMaterial Adverse Effect; or (ii) arising as a direct result of a Permitted TransactionReorganisation.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) not and whether voluntary or involuntary involuntary) to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer Permitted Disposal or other disposal which is: (i) a any transaction forming part of the Permitted Disposal; or (ii) a Permitted TransactionRestructuring.

Disposals. (a) Except as permitted under paragraph (bclause 23.12(b) below, no Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer transfer, licence or otherwise dispose of any asset. (b) Paragraph (aclause 23.13(a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure that no member of the Group Company will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) belowbelow or otherwise agreed or notified by the Lender, no Obligor shall (and the Parent shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) not and whether voluntary or involuntary involuntary) to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the BST Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent and the Borrower shall ensure that no member of the Borrower Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (bclause 24.10(b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer surrender, set-off, transfer, licence or otherwise dispose of any asset. (b) Paragraph (aClause 24.10(a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted TransactionTransaction which is referred to in paragraph (a) of the definition of that term.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph Subject to paragraphs (b) belowand (c), no Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any assetasset (including any Ship, its Earnings or Insurances). (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which isdisposal: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no neither the Parent nor any Obligor shall (and the Parent shall ensure that no member of the Group will) enter into ), in a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to involuntary, sell, lease, transfer transfer, assign, exclusively license or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer transfer, assignment, exclusive license or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Obligors’ Agent shall ensure that no other member of the Group will) enter into sell, lease, transfer or otherwise dispose of any asset (whether as a result of a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any assetinvoluntary). (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) Disposal or a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) not and whether voluntary or involuntary involuntary) to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) Disposal or a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) , a Permitted Distribution or a Permitted Transaction.. - 106 -

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the NEXT Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) not and whether voluntary or involuntary involuntary) to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) Disposal or a Permitted TransactionShare Issue.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure that no member of the Group will) ), enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent each Obligor shall ensure that no member none of the Group its Subsidiaries will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any assetasset (including, without limitation, any receivable). (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) Disposal or which is a Permitted TransactionReceivables Financing.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (shall, and the Parent each Obligor shall ensure that no other member of the Group will) , enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Disposals and Permitted TransactionReorganisations.

Disposals. (aA) Except as permitted under paragraph (bB) below, no Obligor shall (and the Parent Company shall ensure that no other member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (bB) Paragraph (aA) above does not apply to any sale, lease, transfer or other disposal which is: (i1) a Permitted Disposal; or (ii2) a Permitted Transaction.

Disposals. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (a) above does not apply to any sale, lease, transfer or other disposal which is: (i) is a Permitted Disposal; or (ii) Disposal or a Permitted Transaction.

Disposals. (a) Except as permitted under by paragraph (b) below), no Obligor the Borrower shall not (and the Parent shall ensure that no other member of the Group will) ), enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset. (b) Paragraph (aOther than a Charged Property, clause 21.13(a) above does not apply to any sale, lease, transfer or other disposal which is: (i) a Permitted Disposal; or (ii) a Permitted Transaction.