Common use of Disposals Clause in Contracts

Disposals. The Borrower shall not sell, lease, transfer or otherwise dispose of, by one or more transactions or series of transactions (whether related or not), the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders).

Appears in 2 contracts

Samples: Term Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)

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Disposals. The Borrower shall must not sell, lease, transfer either in a single transaction or otherwise dispose of, by one or more transactions or in a series of transactions (and whether related or not), the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial material part of its assets without the prior written consent of the Agent (on behalf of the Lenders)assets.

Appears in 2 contracts

Samples: Long Term Mezzanine Loan Agreement (Blue Sphere Corp.), Long Term Mezzanine Loan Agreement (Blue Sphere Corp.)

Disposals. The Borrower shall not sell, lease, transfer enter into a single transaction or otherwise dispose of, by one or more transactions or a series of transactions (whether related or not)) and whether voluntary or involuntary to sell, the whole transfer or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)asset, except for any Permitted Disposal.

Appears in 2 contracts

Samples: Bridge Facility Agreement (Visteon Corp), Senior Facilities Agreement (Net 1 Ueps Technologies Inc)

Disposals. The Borrower shall not sellnot, lease, transfer either in a single transaction or otherwise dispose of, by one or more transactions or in a series of transactions (and whether related or not), the whole dispose of all or any part of its interest in assets except as contemplated by the Vessel, Transaction Documents and the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)Other Transaction Documents.

Appears in 2 contracts

Samples: All Parties Agreement (Cit Group Inc), All Parties Agreement (Cit Group Inc)

Disposals. The Borrower shall not either in a single transaction or in a series of transactions, whether related or not and whether voluntarily or involuntarily, sell, leasetransfer, transfer grant a lease or otherwise dispose of, by one or more transactions or series of transactions (whether related or not), the whole all or any part of its interest assets exceeding 10% of Tangible Net Worth (as of the time of disposition) in any transaction or series of transactions. This paragraph shall not apply to: (i) disposals made in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose ordinary course of all or any substantial part of its assets without the prior written consent business of the Agent disposing entity: or (on behalf ii) disposals of the Lenders)assets in exchange for other assets comparable or superior as to type, value and quality.

Appears in 2 contracts

Samples: Syndicated Loan Agreement (New Fortress Energy LLC), Syndicated Loan Agreement (NFE Financial Holdings LLC)

Disposals. The Borrower shall not sell, lease, transfer enter into a single transaction or otherwise dispose of, by one or more transactions or a series of transactions (transactions, whether related or not)not and whether voluntarily or involuntarily, the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise to dispose of all or any substantial part of its assets without the prior written consent asset except for any of the Agent (on behalf following disposals so long as they are not prohibited by any other provision of the Lenders).Finance Documents:

Appears in 1 contract

Samples: Facility Agreement

Disposals. The Borrower shall not not, 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, by one or more transactions or series of transactions (whether related or not), the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)asset.

Appears in 1 contract

Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.)

Disposals. The Save as otherwise expressly contemplated in any Transaction Document, the Borrower shall not 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, by one or more transactions or series of transactions (whether related or not), the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)assets.

Appears in 1 contract

Samples: PDP Facility Agreement (Allegiant Travel CO)

Disposals. The Borrower shall will not 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, by one or more transactions or series of transactions (whether related or not), the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)asset.

Appears in 1 contract

Samples: Secured Term Loan Facility (DHT Holdings, Inc.)

Disposals. The Borrower shall not sellnot, lease, transfer either in a single transaction or otherwise dispose of, by one or more transactions or in a series of transactions (whether related or not)not and whether voluntary or involuntary, the whole or to dispose of any part of its interest asset except disposals: (a) made for market value in the Vessel, ordinary course of the Earnings, ordinary trading business of the Insurances, Borrower; or (b) made with the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior express written consent of the Agent (on behalf of the Lenders)Lender.

Appears in 1 contract

Samples: Loan Agreement (Diversified Opportunities, Inc.)

Disposals. The Borrower shall not sell, leasetransfer, transfer grant, or lease or otherwise dispose of, by one or more transactions or series of transactions (whether by a single transaction or a number of related transactions and whether at the same time or not), the whole over a period of time) all or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)Charged Asset.

Appears in 1 contract

Samples: Charge on Receivables (Eagle Geophysical Inc)

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Disposals. The Borrower shall not 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, by one or more transactions or series of transactions (whether related or not), any asset otherwise than as contemplated under the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)Transaction Documents.

Appears in 1 contract

Samples: Facilities Agreement (Exide Corp)

Disposals. The Borrower shall not 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, by one or more transactions or series of transactions (whether related or not), the whole or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)assets.

Appears in 1 contract

Samples: Facility Agreement (First Solar, Inc.)

Disposals. The Borrower shall not sellwill not, lease, transfer either in a single transaction or otherwise dispose of, by one or more transactions or in a series of transactions (whether related or not)not and whether voluntarily or involuntarily, the whole attempt to sell, transfer, lease or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)Security.

Appears in 1 contract

Samples: Facility Agreement (Advance Nanotech, Inc.)

Disposals. 16.15.1 The Borrower shall not sell, lease, transfer either in a single transaction or otherwise dispose of, by one or more transactions or in a series of transactions (transactions, whether related or not)not and whether voluntarily or involuntarily, the whole sell, transfer, grant or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts lease or the Intercompany Claims nor otherwise dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)assets.

Appears in 1 contract

Samples: Senior Facility Agreement

Disposals. The Borrower shall not sell, lease, transfer enter into a single transaction or otherwise dispose of, by one or more transactions or a series of transactions (whether related or not), the whole not and whether voluntary or any part of its interest in the Vessel, the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise involuntary) to dispose of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)any asset.

Appears in 1 contract

Samples: Loan Agreement

Disposals. The Borrower shall not sell, lease, transfer or otherwise dispose of, by one or more transactions or series Dispose of transactions (whether related or not), the whole all or any part of its interest business or assets (or agree to do any of the foregoing) whether by a single transaction or by a number of transactions whether related or not, or permit a set-off (other than by operation of law or in the Vessel, the Earnings, the Insurances, the Earnings Accounts respect of an agreement which is not a Major Project Document) or the Intercompany Claims nor otherwise dispose combination of all or any substantial part accounts (in respect of its assets without the prior written consent of the Agent (on behalf of the Lendersbook debts), except for any Permitted Disposal.

Appears in 1 contract

Samples: Loan Agreement (Ormat Technologies, Inc.)

Disposals. The Borrower shall not not, whether by a single transaction or a number of related or unrelated transactions and whether at the same time or over a period of time, sell, leasetransfer, transfer lease out or otherwise dispose of(in each case, by one or more transactions or series of transactions (whether related or not), the whole or any part of a disposal) its interest in the Vessel, Underlying Notes under the Earnings, the Insurances, the Earnings Accounts or the Intercompany Claims nor otherwise dispose Underlying Subscription Agreement other than by way of all or any substantial part of its assets without the prior written consent of the Agent (on behalf of the Lenders)a Permitted Sale.

Appears in 1 contract

Samples: Facility Agreement (Ares Strategic Income Fund)