No Dispositions. Company shall not, and shall not permit any of its Subsidiaries to, lease, mortgage or otherwise encumber, or sell, transfer or otherwise dispose of, any of its properties or assets (including capital stock of Subsidiaries of Company), except for sales of inventory items in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Samples: Merger Agreement (Turbosonic Technologies Inc), Merger Agreement (MEDecision, Inc.)
No Dispositions. The Company shall not, and shall not permit any of its Subsidiaries to, lease, mortgage or otherwise encumber, or sell, transfer or otherwise dispose of, any of its properties or assets (including capital stock Equity Interests of any of the Subsidiaries of the Company), except for (x) property or assets which are obsolete or no longer used in the operation of the business of the Company or its Subsidiaries or (y) sales of inventory items in the ordinary course of business consistent with past practiceOrdinary Course.
Appears in 2 contracts
Samples: Merger Agreement (Ani Pharmaceuticals Inc), Merger Agreement (Ani Pharmaceuticals Inc)
No Dispositions. The Company shall not, and nor shall not it permit any --------------- of its Subsidiaries to, sell, lease, mortgage or otherwise encumbermortgage, or sell, transfer encumber or otherwise dispose of, any of its properties or material assets (including including, without limitation, capital stock of Subsidiaries of Companyor other ownership interest in any Subsidiary), except for other than sales of inventory items or leases in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Banctec Inc), Merger Agreement (Banctec Inc)
No Dispositions. Company shall not, and shall not permit any of its Subsidiaries to, leasesell, mortgage lease or otherwise encumberdispose of, or agree to sell, transfer lease or otherwise dispose of, any of its properties or assets (including capital stock of Subsidiaries of Company), except for sales of inventory items ) other than in the ordinary course of business consistent with past practicepractices.
Appears in 2 contracts
Samples: Merger Agreement (Bruker Daltonics Inc), Merger Agreement (Bruker Axs Inc)
No Dispositions. Company shall not, and shall not permit any of its Subsidiaries to, lease, mortgage or otherwise encumber, or sell, transfer or otherwise dispose of, any of its properties or assets (including capital stock of Subsidiaries of Company), except for sales of inventory items any such dispositions (including trade receivables in financing transactions) in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Samples: Merger Agreement (Johnson Controls Inc), Merger Agreement (York International Corp /De/)
No Dispositions. Company shall not, and shall not permit any of its the Company Subsidiaries to, sell, lease, mortgage or otherwise encumberlicense, or selltransfer, transfer mortgage, encumber or otherwise dispose of, of any of its properties their assets or assets (including capital stock of Subsidiaries of Company)cancel, release, or assign any indebtedness or claim, except for sales of inventory items in the ordinary course of business consistent with past practiceor in amounts which are not material, individually or in the aggregate, to the Business Condition of Company.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Upgrade International Corp /Fl/), Agreement and Plan of Reorganization (Pathways Group Inc)
No Dispositions. The Company shall not, and shall not permit any of its Subsidiaries to, sell, lease, mortgage license or otherwise encumberdispose of, or agree to sell, transfer lease or otherwise dispose of, any of its properties material assets of the Company or its Subsidiaries excluding the disposition of assets (including capital stock of Subsidiaries of Company), except for sales of inventory items in the ordinary course of business consistent with past practicebusiness.
Appears in 2 contracts
Samples: Merger Agreement (Illumina Inc), Merger Agreement (Solexa, Inc.)
No Dispositions. The Company shall not, and shall not permit any of its Subsidiaries to, leasesell, mortgage lease or otherwise encumberdispose of, or agree to sell, transfer lease or otherwise dispose of, any substantial part of its properties or assets (including capital stock of Subsidiaries of the Company), except for sales of inventory items ) other than in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Samples: Merger Agreement (Symmetricom Inc), Merger Agreement (Datum Inc)
No Dispositions. The Company shall not, and shall not permit any of cause its Subsidiaries not to, sell, lease, license, mortgage or otherwise encumber, or sell, transfer or otherwise dispose of, any of its properties or assets (including capital stock of Subsidiaries of Company), except for sales of inventory items other than in the ordinary course of business consistent with past practicebusiness.
Appears in 1 contract
No Dispositions. The Company shall not, and shall not permit any of its Subsidiaries to, leasesell, mortgage or otherwise encumber, or selldispose of, transfer or otherwise dispose of, divest any of its (i) businesses or divisions or (ii) material properties or assets (including capital stock of Subsidiaries of Companyits Subsidiaries), except for sales of inventory items other than in the ordinary course of business and consistent with past practice.
Appears in 1 contract
No Dispositions. The Company shall not, and shall not permit any of its Subsidiaries to, lease, mortgage or otherwise encumber, or sell, transfer or otherwise dispose of, transfer, lease or divest any of its properties or assets (including capital stock of Subsidiaries of Companyits Subsidiaries), except for sales businesses or divisions other than transactions that involve solely the disposition of inventory items or other assets or the lease or license of personal property or Intellectual Property in the ordinary course of business consistent with past practice.
Appears in 1 contract
No Dispositions. The Company shall not, and shall not permit any of its Subsidiaries to, lease, mortgage or otherwise encumber, or sell, transfer or otherwise dispose of, transfer, lease, license or divest any of its properties or assets (including capital stock of its Subsidiaries of and Company-owned Intellectual Property), except for sales businesses or divisions, or grant any security interest in any assets, other than transactions that involve solely the disposition of inventory items assets in the ordinary course of business consistent with past practicepractice or pursuant to contracts in existence on the date hereof.
Appears in 1 contract
Samples: Merger Agreement (Allied Healthcare International Inc)
No Dispositions. Company shall not, and shall not permit any of its Subsidiaries to, lease, mortgage or otherwise encumber, or sell, transfer or otherwise dispose of, any of its properties or assets (including capital stock of Subsidiaries of Company), except for sales required by Contracts that are outstanding on the date of this Agreement and are listed in the Company Disclosure Schedule, sales of inventory items in the ordinary course of business consistent with past practice, and sales of excess tools or equipment no longer required by Company or its Subsidiaries in the ordinary course of business.
Appears in 1 contract
Samples: Merger Agreement (Oilgear Co)
No Dispositions. The Company shall not, and shall not cause or permit any of its Subsidiaries to, transfer, sell, lease, license, mortgage or otherwise encumberdispose of or encumber any material assets, or sell, transfer or otherwise dispose of, enter into any commitment to do any of its properties or assets (including capital stock of Subsidiaries of Company)the foregoing, except for sales of inventory items other than in the ordinary and usual course of business business, consistent with past practice.
Appears in 1 contract
