No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of the Assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practice.
Appears in 5 contracts
Samples: Investment Agreement (Us Office Products Co), Investment Agreement (Us Office Products Co), Investment Agreement (Us Office Products Co)
No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose ofof (other than to the Company or to another Retained Subsidiary), any of the Assets assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Samples: Merger Agreement (Valero Refining & Marketing Co), Merger Agreement (Valero Energy Corp)
No Dispositions. The Company will not, nor will it permit any of the Retained Subsidiaries to, sell, lease, license, encumber or otherwise dispose of, or agree to sell, lease, license, encumber or otherwise dispose of, any of the Assets of the Retained Business other than at fair market value in the ordinary course of business consistent with past practiceor pursuant to existing contractual obligations for the sale or other disposition of obsolete equipment.
Appears in 1 contract
Samples: Investment Agreement (Itt Corp /Nv/)
