Negative Covenants Pending Closing. The Company will not: (i) Disposition of Assets. Sell or transfer, or mortgage, pledge or create or permit to be created any lien on, any of its assets, other than sales or transfers in the ordinary course of business and in accordance with past practice;
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Samples: Purchase Agreement (Banks.com, Inc.), Merger Agreement (Ascential Software Corp)
Negative Covenants Pending Closing. The Company will shall not:
(i) Disposition of Assets. Sell Sell, license or transfer, or mortgage, pledge pledge, lease or create or permit to be created any lien on, otherwise encumber any of its assets, including its Proprietary Rights, other than sales sales, licenses or transfers in the ordinary course of business consistent with past practice and in accordance with past practiceamounts not exceeding, in the aggregate, CDN $10,000;
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Negative Covenants Pending Closing. The Company will not, ---------------------------------- without the prior written consent of Buyer:
(i) Disposition of Assets. Sell Sell, lease, license or transfer, --------------------- or mortgage, pledge or create or permit to be created any lien security interest on, any of its assets, assets other than sales or transfers and licenses and purchase money security interests in the ordinary course of business and in accordance with past practicebusiness;
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Samples: Stock Purchase Agreement (CMG Information Services Inc)
Negative Covenants Pending Closing. The Company will shall not:
(i) Disposition of Assets. Sell or transfer, or mortgage, pledge pledge, lease or create or permit to be created any lien on, otherwise encumber any of its assets, including its Proprietary Rights, other than sales or transfers in the ordinary course of business and in accordance with past practiceamounts not exceeding $50,000;
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