Disposition of Assets or Subsidiaries. (Section 8.2.7). The Loan Parties and their Subsidiaries did not sell, convey, assign, lease, abandon or otherwise transfer or dispose of, voluntarily or involuntarily, any of their properties or assets, tangible or intangible (including sale, assignment, discount or other disposition of accounts, contract rights, chattel paper, equipment or general intangibles with or without recourse or of capital stock, shares of beneficial interest or partnership interests of a Subsidiary), except in accordance with clauses (i) through (iv) of Section 8.2.7 of the Agreement.
Disposition of Assets or Subsidiaries. Subsection 8.2.7 (v) of the Credit Agreement shall be amended and restated as follows:
Disposition of Assets or Subsidiaries. Each of the Loan Parties shall not sell, convey, assign, lease, abandon or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including but not limited to sale, assignment, discount or other disposition of accounts, contract rights, chattel paper, equipment or general intangibles, with or without recourse, or of capital stock, shares of beneficial interest or partnership interests of a Subsidiary), except:
Disposition of Assets or Subsidiaries. The Company covenants that it will not, and will not permit any Subsidiary to, sell, convey, assign, lease, abandon or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including sale, assignment, discount or other disposition of accounts, contract rights, chattel paper, equipment or general intangibles with or without recourse or of capital stock, shares of beneficial interest, partnership interests or limited liability company interests of a Subsidiary of such Transaction Party), except:
Disposition of Assets or Subsidiaries. (Section 8.2.7(iv)). [To be completed for each Compliance Certificate delivered concurrently with the annual financial statements delivered pursuant to section 8.3.2 [Annual Financial Statements] of the Credit Agreement.] The Carryover Amount to be carried forward to the next succeeding fiscal year following the Report Date is $15,000,000, which amount does not exceed $15,000,000.
Disposition of Assets or Subsidiaries. Section 8.2.7 of the Credit Agreement shall be amended to (1) delete the amount of “$5,000,000” in subsection (iv) and replace such amount with “$2,500,000”, (2) replace the “.” at the end of subsection (v) and insert the following: “; and
Disposition of Assets or Subsidiaries. The Company shall comply with ------------------------------------- the covenants of the Credit Agreement relating to dispositions of assets or subsidiaries. Excluding the payment of cash as consideration for assets purchased by, or services rendered to, Company or any Subsidiary, subject to paragraph (c) above, neither Company nor any of its Subsidiaries shall sell, convey, assign, lease, or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including but not limited to sale, assignment, discount or other disposition or Receivables, contract rights, chattel paper, equipment or general intangibles with or without recourse or of capital stock, shares or beneficial interests or partnership interests in Subsidiaries) (each, a "Disposition"), if such Disposition involves assets in excess of $50,000,000.
Disposition of Assets or Subsidiaries. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, sell, convey, assign, lease, abandon or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including sale, assignment, discount or other disposition of accounts, contract rights, chattel paper, equipment or general intangibles with or without recourse or of capital stock, shares of beneficial interest, partnership interests or limited liability company interests of a Subsidiary of such Loan Party), except:
Disposition of Assets or Subsidiaries. The Company shall comply with ------------------------------------- the covenants of the Credit Agreement relating to dispositions of assets or subsidiaries. Excluding the payment of cash as consideration for assets purchased by, or services rendered to, Company or any Subsidiary, subject to paragraph (c) above, neither Company nor any of its Subsidiaries shall sell, convey, assign, lease, or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including but not limited to sale, assignment, discount or other disposition or Receivables, contract rights, chattel paper, equipment or general intangibles with or without recourse or of capital stock, shares or beneficial interests or partnership interests in Subsidiaries) (each, a "Disposition"), if such Disposition involves assets in excess of $50,000,000 other than (i) the Staffing Divestiture, or (ii) the granting of Permitted Liens pursuant to the Credit Agreement; provided, however, the exercise of rights with respect to the such Permitted Liens (including, without limitation, foreclosure) against the assets of the Company shall constitute an Event of Default under this Section 5.2(d).
Disposition of Assets or Subsidiaries. Section 8.2.7 [Disposition of Assets or Subsidiaries] of the Credit Agreement is hereby amended as follows: the word “and” shall be added to the end of subsection (x); subsection (xi) shall be deleted; and subsection (xii) shall be renumbered “(xi)”.
