Common use of Limitations on Asset Sales Clause in Contracts

Limitations on Asset Sales. The Parent shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, consummate any Asset Sale unless:

Appears in 5 contracts

Samples: Indenture (William Lyon Homes Inc), Indenture (William Lyon Homes), Indenture (William Lyon Homes)

AutoNDA by SimpleDocs

Limitations on Asset Sales. The Parent Borrower shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, consummate any Asset Sale unless:

Appears in 3 contracts

Samples: Term Loan Agreement, Term Loan Agreement (Phibro Animal Health Corp), Term Loan Agreement (Phibro Animal Health Corp)

Limitations on Asset Sales. The Parent shall not, and shall not permit any Restricted Subsidiary (including the Issuer) to, directly or indirectly, consummate any Asset Sale unless:

Appears in 2 contracts

Samples: Gsi Group Inc, Gsi Group Inc

AutoNDA by SimpleDocs

Limitations on Asset Sales. (a) The Parent shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, consummate any Asset Sale unlessunless such Asset Sale is permitted under the terms of the Senior Secured Term Loan Documents or:

Appears in 1 contract

Samples: Indenture (LYON EAST GARRISON Co I, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!