Common use of No disposal of assets Clause in Contracts

No disposal of assets. The Borrower shall not dispose of any of its material assets other than a sale of the Vessel which complies with clause 6.2.

Appears in 6 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.)

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No disposal of assets. The Borrower shall not dispose of any of its material assets other than a sale of the Vessel which complies with clause 6.26.4.

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)

No disposal of assets. The Borrower shall not dispose of any of its material assets other than a sale of the Vessel which complies with clause 6.2Clause 6.4.

Appears in 1 contract

Samples: Secured Credit Facility (Teekay Offshore Partners L.P.)

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No disposal of assets. The No Borrower shall not dispose of any of its material assets other than a sale of the its Vessel which complies with clause 6.2Clause 6.4.

Appears in 1 contract

Samples: Secured Credit Facility (Teekay Offshore Partners L.P.)

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