Common use of Limitations on Sale of Assets Clause in Contracts

Limitations on Sale of Assets. Convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including the sale of any receivables and leasehold interests but excluding sale-leaseback transactions), whether now owned or hereafter acquired except: (a) the sale of inventory in the ordinary course of business; (b) the sale of obsolete assets no longer used or usable in the business of the Credit Parties or any of their Subsidiaries; (c) the transfer of assets to the Borrower or any Guarantor pursuant to Section 10.4 (d); (d) the sale or discount without recourse of accounts receivable arising in the ordinary course of business in connection with the compromise or collection thereof; (e) the disposition of any Hedging Agreement; (f) additional dispositions of assets not otherwise permitted pursuant to this Section the fair market value with respect to which does not exceed an aggregate amount of $5,000,000 in any Fiscal Year; and (g) entering into non-exclusive licenses.

Limitations on Sale of Assets. Convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including including, without limitation, the sale of any receivables and leasehold interests but excluding and any sale-leaseback transactionsor similar transaction), whether now owned or hereafter acquired except: (a) the sale of inventory in the ordinary course of business; (b) the sale of obsolete assets no longer used or usable in the business of the Credit Parties Borrower or any of their its Subsidiaries; (c) the transfer of assets to the Borrower or any Guarantor pursuant to Section 10.4 (d10.4(d); (d) the sale or discount without recourse of accounts receivable arising in the ordinary course of business in connection with the compromise or collection thereof; (e) the disposition of any Hedging Agreement;; and (f) additional dispositions of assets not otherwise permitted pursuant to this Section the fair market value with respect to which does not exceed in an aggregate amount of not to exceed $5,000,000 500,000 in any Fiscal Year; and (g) entering into non-exclusive licenses.

Limitations on Sale of Assets. Convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including including, without limitation, the sale of any receivables and leasehold interests but excluding and any sale-leaseback transactionsor similar transaction), whether now owned or hereafter acquired except: (a) the sale of inventory in the ordinary course of business; (b) the sale of obsolete assets no longer used or usable in the business of the Credit Parties Borrower or any of their its Subsidiaries; (c) the transfer of assets to the Borrower or any Guarantor pursuant to Section 10.4 10.4(a), (b) or (d); (d) the sale or discount without recourse of accounts receivable arising in the ordinary course of business in connection with the compromise or collection thereof; (e) the disposition of any Hedging Agreement;; and (f) additional dispositions of assets not otherwise permitted pursuant to this Section the fair market value with respect to which does not exceed in an aggregate amount of not to exceed $5,000,000 in 25,000,000 during any Fiscal Year; and (g) entering into non-exclusive licenses.

Limitations on Sale of Assets. Convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including including, without limitation, the sale of any receivables and leasehold interests but excluding and any sale-leaseback transactionsor similar transaction), whether now owned or hereafter acquired except: (a) the sale of inventory in the ordinary course of business; (b) the sale of obsolete assets no longer used or usable in the business of the Credit Parties Borrower or any of their its Subsidiaries; (c) the transfer of assets to the Borrower or any Guarantor pursuant to Section 10.4 (a), (b) or (d); (d) the sale or discount without recourse of accounts receivable arising in the ordinary course of business in connection with the compromise or collection thereof; (e) the disposition of any Hedging Agreement;; and (f) additional dispositions of assets not otherwise permitted pursuant to this Section the fair market value with respect to which does not exceed in an aggregate amount of not to exceed $5,000,000 in 2,000,000 during any Fiscal Year; and (g) entering into non-exclusive licenses.

Limitations on Sale of Assets. Convey, sell, lease, assign, transfer or otherwise dispose of any of its property, business or assets (including including, without limitation, the sale of any receivables and leasehold interests but excluding and any sale-leaseback transactionsor similar transaction), whether now owned or hereafter acquired except: (a) the sale of inventory in the ordinary course of business; (b) the sale of obsolete assets no longer used or usable in the business of the Credit Parties Borrower or any of their its Subsidiaries; (c) the transfer of assets to the Borrower or any Guarantor pursuant to Section 10.4 10.4(a), (b) or (d); (d) the sale or discount without recourse of accounts receivable arising in the ordinary course of business in connection with the compromise or collection thereof; (e) the disposition of any Hedging Agreement;; and (f) additional dispositions of assets not otherwise permitted pursuant to this Section the fair market value with respect to which does not exceed in an aggregate amount of not to exceed $5,000,000 in 2,000,000 during any Fiscal Year; and (g) entering into non-exclusive licenses.