Common use of Dispositions of Assets or Subsidiaries Clause in Contracts

Dispositions of Assets or Subsidiaries. The Borrowers shall not, and shall not permit any of their 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 or partnership interests of a Subsidiary of any Borrower), except:

Appears in 12 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

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Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower) (each, a “Disposition”), except:

Appears in 7 contracts

Samples: Credit Agreement (Erie Indemnity Co), Credit Agreement (Erie Indemnity Co), Credit Agreement (Erie Indemnity Co)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, sell, convey, assign, lease, abandon abandon, securitize or enter into a securitization transaction, 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 equipment, general intangibles with or without recourse or of capital stock, shares of beneficial interest interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 5 contracts

Samples: Credit Agreement (Arch Coal Inc), Credit Agreement (Arch Coal Inc), Credit Agreement (Arch Coal Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 5 contracts

Samples: Credit Agreement (Freemarkets Inc), Credit Agreement (Arch Coal Inc), Credit Agreement (New Jersey Resources Corp)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 or partnership interests of a Subsidiary of any the Borrower), except:

Appears in 5 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc /), Credit Agreement (Triumph Group Inc /)

Dispositions of Assets or Subsidiaries. The Each of the Borrowers shall not, and shall not permit any of their 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 Property (including sale, assignment, discount or other disposition of accounts, contract rights, chattel paper, equipment or general intangibles with or without recourse or any shares of capital stock, shares of beneficial interest or partnership interests of a Subsidiary of any such Borrower), except:

Appears in 3 contracts

Samples: Credit Agreement (Borders Group Inc), Multicurrency Credit Agreement (Borders Group Inc), Credit Agreement (Borders Group Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, sell, sell and leaseback, 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 3 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, sell, convey, assign, lease, abandon or otherwise transfer or dispose of, voluntarily or involuntarily, any substantial part (as defined below) 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 stockequity interests, shares of beneficial interest interest, partnership interests or partnership limited liability company interests of a Subsidiary of any Borrowerthe Borrower or its Subsidiaries), except:

Appears in 3 contracts

Samples: Credit Agreement (Nacco Industries Inc), Credit Agreement (Nacco Industries Inc), Credit Agreement (Nacco Industries Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, sell, sell and leaseback, 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 recourse, or of capital stock, shares of beneficial interest interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 2 contracts

Samples: Continuing Covenant Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any Borrower), except:

Appears in 1 contract

Samples: Credit Facility Agreement (New Jersey Resources Corp)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, sell, convey, assign, leasesell and leaseback, 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 1 contract

Samples: Credit Agreement (Champion Industries Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall -------------------------------------- not, and shall not permit any of their 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 or partnership interests of a Subsidiary of any BorrowerSubsidiary), except:

Appears in 1 contract

Samples: Credit Agreement (Federated Investors Inc /Pa/)

Dispositions of Assets or Subsidiaries. The Each of the Borrowers shall not, and shall not permit any of their 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any such Borrower), except:

Appears in 1 contract

Samples: Credit Agreement (U S Interactive Inc/Pa)

Dispositions of Assets or Subsidiaries. The Each of the Borrowers shall not, and shall not permit any of their Subsidiaries Restricted 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any BorrowerRestricted Subsidiary), except:

Appears in 1 contract

Samples: Credit Agreement (Professional Detailing Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 equipment, general intangibles intangibles, with or without recourse recourse, or of capital stock, shares of beneficial interest interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 1 contract

Samples: Pledge Agreement (Arch Coal Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower) (each, a "Disposition"), except:

Appears in 1 contract

Samples: Credit Agreement (Erie Indemnity Co)

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Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 or partnership interests of a Subsidiary of any Borrower), except:general

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 or partnership interests of a Subsidiary of any BorrowerSubsidiary), except:

Appears in 1 contract

Samples: Credit Agreement (Federated Investors Inc /Pa/)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their its Subsidiaries to, sell, convey, assign, leasesell and leaseback, 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 tangibles with or without recourse or of capital stock, shares of beneficial interest interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 1 contract

Samples: Revolving Credit Agreement (Champion Industries Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their its Material Subsidiaries to, sell, convey, assign, lease, abandon abandon, or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including by sale, assignment, discount discount, or other disposition of accounts, contract rights, chattel paper, equipment equipment, or general intangibles with or without recourse or of capital stock, shares of beneficial interest interest, partnership interests or partnership limited liability company interests of a Subsidiary of any Borrower), except:

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

Dispositions of Assets or Subsidiaries. The Borrowers shall not, and shall not permit any of their 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 105 with or without recourse or of capital stock, shares of beneficial interest or partnership interests of a Subsidiary of any Borrower), except:

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall cause each of its Subsidiaries to not permit any of their 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 accountsAccounts, contract rights, chattel paper, equipment or general intangibles with or without recourse or of capital stock, shares of beneficial interest or partnership interests Capital Stock of a Subsidiary of any Borrower), except:

Appears in 1 contract

Samples: Loan Agreement (Green Brick Partners, Inc.)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 equipment, general intangibles with or without recourse or of capital stock, shares of beneficial interest interest, partnership interests or partnership limited liability company interests of a Subsidiary of any the Borrower), except:

Appears in 1 contract

Samples: Credit Agreement (Arch Coal Inc)

Dispositions of Assets or Subsidiaries. The Borrowers shall not, and shall not permit any of their 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 stockCapital Stock, shares of beneficial interest or partnership interests of a Subsidiary of any Borrower), except:

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

Dispositions of Assets or Subsidiaries. The Borrowers Borrower shall not, and shall not permit any of their 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 interest, partnership interests or partnership limited liability company interests of a Subsidiary of any Borrower), except:

Appears in 1 contract

Samples: Credit Agreement (Aquapenn Spring Water Company Inc)

Dispositions of Assets or Subsidiaries. The Borrowers shall not, and Borrower shall not permit any of their 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 or interest, partnership interests of a Subsidiary of any Borroweror limited liability company interests), except:

Appears in 1 contract

Samples: Credit Agreement (Superconductor Technologies Inc)

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