Common use of Dispositions; Mergers Clause in Contracts

Dispositions; Mergers. Sell, assign, or otherwise transfer or dispose of any of the Shares or assets of the Company; or merge or consolidate with or into any other entity or enter into any contracts relating thereto; provided, however, that the Company may sell, assign, lease or otherwise transfer or dispose of any asset in the ordinary course of business provided that either (i) it is replaced or (ii) the sale proceeds in respect of such asset are held for the benefit of the Purchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Oro Spanish Broadcasting Inc)

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Dispositions; Mergers. Sell, assign, lease or otherwise --------------------- transfer or dispose of any of the Shares or assets of the CompanyAssets; or merge or consolidate with or into any other entity or enter into any contracts agreements relating thereto; provided, however, that the Company may sell, assign, lease or otherwise transfer or dispose of any asset in the ordinary course of business provided that either (i) it is replaced or (ii) the sale proceeds in respect of such asset are held for the benefit of the Purchaser.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Neomedia Technologies Inc)

Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Shares or assets of the CompanyAssets; or merge or consolidate with or into any other entity or enter into any contracts relating theretoentity; provided, however, that the Company Seller may sell, assign, lease or otherwise transfer or dispose of any asset expended in the ordinary course of business, consistent with Seller’s past business provided that either (i) it is replaced or (ii) practices and with customary practices in the sale proceeds in respect of such asset are held for the benefit of the Purchasercontract tolling industry.

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 Shares or assets of the CompanyAssets; or merge or consolidate with or into any other entity or enter into any contracts Contracts relating thereto; provided, however, that the Company Sellers may sell, assign, lease or otherwise transfer or dispose of any asset Asset in the ordinary course Ordinary Course of business Business provided that either (i) it is replaced or (ii) the sale proceeds in respect of such asset Asset are held for the benefit of the PurchaserBuyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Oro Spanish Broadcasting Inc)

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Dispositions; Mergers. Sell, assign, lease or otherwise transfer or dispose of any of the Shares or assets of the CompanyAssets; or merge or consolidate with or into any other entity or enter into any contracts relating thereto; provided, however, that the Company Seller may sell, assign, lease or otherwise transfer or dispose of any asset Asset in the ordinary course Ordinary Course of business Business provided that either either: (i) it is replaced replaced, or (ii) the sale proceeds in with respect of to such asset Asset are held for the benefit of the Purchaser.

Appears in 1 contract

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

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