Common use of No Dispositions Clause in Contracts

No Dispositions. Company shall not sell, lease, license, transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which are not material, individually or in the aggregate, to the Business Condition of Company.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Astea International Inc), Asset Purchase Agreement (Flow International Corp), Stock Purchase Agreement (Flow International Corp)

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No Dispositions. The Company shall not sell, lease, license, transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which that are not material, individually or in the aggregate, material to the Business Condition of the Company.

Appears in 3 contracts

Samples: Merger Agreement (Itron Inc /Wa/), Combination Agreement (Itron Inc /Wa/), Merger Agreement (Itron Inc /Wa/)

No Dispositions. Company shall not sell, lease, license, transfer, mortgage, encumber, encumber or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which are not material, individually or in the aggregate, to the Business Condition of Companyconsistent with prior practice.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc), Share Purchase Agreement (Primus Knowledge Solutions Inc)

No Dispositions. The Company shall not transfer, sell, lease, --------------- license, transfer, mortgage, encumber, mortgage or otherwise dispose of or encumber any material assets, or enter into any commitment to do any of its assets or cancelthe foregoing, release, or assign any indebtedness or claim, except other than in the ordinary and usual course of business or in amounts which are not materialbusiness, individually or in the aggregate, to the Business Condition of Companyconsistent with past practice.

Appears in 1 contract

Samples: Merger Agreement (Mirage Resorts Inc)

No Dispositions. The Company shall will not sell, lease, license, transfer, mortgage, encumber, encumber or otherwise dispose of any of its material assets or cancel, release, or assign any material indebtedness or claim, except in the ordinary course of business or in amounts which are not material(including the marketing, individually or in licensing and provision of the aggregate, to the Business Condition of Company’s current products and services).

Appears in 1 contract

Samples: Merger Agreement (Transwitch Corp /De)

No Dispositions. The Company shall not sell, lease, license, --------------- transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which that are not material, individually or in the aggregate, material to the Business Condition of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Itron Inc /Wa/)

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No Dispositions. The Company shall not sell, lease, license, transfer, mortgage, encumber, or otherwise dispose of any of its assets or cancel, release, or assign any indebtedness or claim, except in the ordinary course of business or in amounts which are not material, individually or in the aggregate, to the Business Condition of the Company; provided, however, that the Company shall be entitled to bonus out two (2) automobiles currently owned by the Company and used by two (2) of the Company's employees to such employees.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aurora Foods Inc)

No Dispositions. The Company shall not transfer, sell, lease, license, transfer, mortgage, encumber, mortgage or otherwise dispose of or encumber any material assets, or enter into any commitment to do any of its assets or cancelthe foregoing, release, or assign any indebtedness or claim, except other than in the ordinary and usual course of business or in amounts which are not materialbusiness, individually or in the aggregate, to the Business Condition of Companyconsistent with past practice.

Appears in 1 contract

Samples: Merger Agreement (Boardwalk Casino Inc)

No Dispositions. The Company shall not sell, lease, licenseencumber, transferpledge, mortgage, encumbergrant a security interest in, or otherwise dispose of of, or agree to sell, lease or otherwise dispose of, any of its assets or cancel, release, or assign (including any indebtedness or claim, except in the ordinary course of business or in amounts interest therein) which are not material, individually or in the aggregate, to the Business Condition Company, other than in the ordinary course of Companybusiness consistent with past practices and policies.

Appears in 1 contract

Samples: Acquisition Agreement (Si Technologies Inc)

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