Common use of Limitations on Asset Sales Clause in Contracts

Limitations on Asset Sales. (a) The Borrower shall not, and shall not permit any Restricted Subsidiary to, cause, make or suffer to exist an Asset Sale of any Term Loan First Lien Collateral, unless:

Appears in 4 contracts

Samples: Credit Agreement (Neiman Marcus, Inc.), Credit Agreement (Neiman Marcus, Inc.), Credit Agreement (Neiman Marcus, Inc.)

AutoNDA by SimpleDocs

Limitations on Asset Sales. (a) The Borrower shall not, and the Borrower shall not permit any Restricted Subsidiary to, cause, make or suffer to exist an Asset Sale of any Term Loan First Lien Collateral, unless:

Appears in 2 contracts

Samples: Credit Agreement (Harland Clarke Holdings Corp), Credit Agreement (Harland Financial Solutions, Inc.)

Limitations on Asset Sales. (a) The Borrower shall not, and shall not permit any Restricted Subsidiary to, cause, make or suffer to exist an Asset Sale of any Term Loan First Lien CollateralCollateral (other than the sale, transfer or disposition of the real property described on Schedule 6.06), unless:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Petco Holdings Inc)

AutoNDA by SimpleDocs

Limitations on Asset Sales. (ae) The Borrower shall not, and the Borrower shall not permit any Restricted Subsidiary to, cause, make or suffer to exist an Asset Sale of any Term Loan First Lien Collateral, unless:

Appears in 1 contract

Samples: Credit Agreement (Harland Clarke Holdings Corp)

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