Common use of Dispositions; Mergers Clause in Contracts

Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Assets or merge or consolidate with or into any other entity or enter into any negotiations or agreements relating thereto; provided, however, Seller may sell, assign, lease or otherwise transfer or dispose of any asset described in Schedule 1(f) if such asset is expended in the ordinary course of business, consistent with Seller's past business practices and with customary practices in the television broadcast industry, and property or equipment of like kind and equivalent value is substituted therefor.

Appears in 2 contracts

Samples: Time Brokerage Agreement (Osborn Communications Corp /De/), Asset Purchase Agreement (Allbritton Communications Co)

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Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Assets Assets; or merge or consolidate with or into any other entity or enter into any negotiations or agreements relating theretoentity; provided, however, that Seller may sell, assign, lease or otherwise transfer or dispose of any asset described in Schedule 1(f) if such asset is expended in the ordinary course of business, consistent with Seller's ’s past business practices and with customary practices in the television broadcast contract tolling industry, and property or equipment of like kind and equivalent value is substituted therefor.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Martek Biosciences Corp)

Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Assets Assets; or merge or consolidate with or into any other entity or enter into any negotiations or agreements relating thereto; provided, however, that Seller may sell, assign, lease or otherwise transfer or dispose of any asset described in Schedule 1(f) Asset if such asset Asset is expended in the ordinary course of business, consistent with Seller's past business practices and with customary practices in the television broadcast software industry, and property or equipment of like kind and equivalent value is substituted therefortherefore.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Delsoft Consulting Inc)

Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Assets Assets; or merge or consolidate with or into any other entity or enter into any negotiations or agreements contracts relating thereto; provided, however, that Seller may sell, assign, lease or otherwise transfer or dispose of any asset described in Schedule 1(f) if such asset is expended Asset in the ordinary course Ordinary Course of businessBusiness provided that either: (i) it is replaced, consistent or (ii) the sale proceeds with Seller's past business practices and with customary practices in respect to such Asset are held for the television broadcast industry, and property or equipment benefit of like kind and equivalent value is substituted thereforthe Purchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (Arvida JMB Partners L P)

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Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Assets Assets; or merge or consolidate with or into any other entity or enter into any negotiations or agreements Contracts relating thereto; provided, however, Seller that Sellers may sell, assign, lease or otherwise transfer or dispose of any asset described in Schedule 1(f) if such asset is expended Asset in the ordinary course Ordinary Course of business, consistent with Seller's past business practices and with customary practices Business provided that either (i) it is replaced or (ii) the sale proceeds in respect of such Asset are held for the television broadcast industry, and property or equipment benefit of like kind and equivalent value is substituted thereforthe Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Oro Spanish Broadcasting Inc)

Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Assets or merge or consolidate with or into any other entity or enter into any negotiations or agreements relating thereto; provided, however, Seller may sell, assign, lease or otherwise transfer or dispose of any asset described in Schedule 1(f2.01(b) if such asset is expended in the ordinary course Ordinary Course of businessBusiness, and consistent with Seller's past business practices and with customary practices in the television broadcast industry, and property or equipment of like kind and equivalent value is substituted therefor.. 7.01(b)

Appears in 1 contract

Samples: Asset Purchase Agreement (United Television Inc)

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