Common use of No Dispositions Clause in Contracts

No Dispositions. Other than sales of inventory or sales or returns of obsolete or surplus equipment in the ordinary course of business consistent with past practice, the Company shall not, nor shall it permit any of its Subsidiaries to, sell, lease, encumber or otherwise dispose of, or agree to sell, lease (whether such lease is an operating or capital lease), encumber or otherwise dispose of, any of its material assets (including, without limitation, any capital stock or other ownership interest of any Subsidiary of the Company).

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Ply Gem Industries Inc), Agreement and Plan of Merger (Ply Gem Industries Inc), Agreement and Plan of Merger (Snyder Dana R)

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No Dispositions. Other than sales of inventory or sales or returns of obsolete obselete or surplus equipment in the ordinary course of business consistent with past practice, the Company shall not, nor shall it permit any of its Subsidiaries to, sell, lease, encumber or otherwise dispose of, or agree to sell, lease (whether such lease is an operating or capital lease), encumber or otherwise dispose of, any of its material assets (including, without limitation, any capital stock or other ownership interest of any Subsidiary of the Company).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Hc Acquisition Corp), Agreement and Plan of Merger (Ero Inc), Agreement and Plan of Merger (Ero Marketing Inc)

No Dispositions. Other than sales of inventory or sales or returns of obsolete or surplus equipment in the ordinary course of business consistent with past practice, the Company shall not, nor shall it permit any of its Subsidiaries to, sell, lease, encumber or otherwise dispose of, or agree to sell, lease (whether such lease is an operating or capital lease), encumber or otherwise dispose of, any of its material assets (including, without limitation, including any capital stock or other ownership interest of any Subsidiary of the Company).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Madison Dearborn Partners Inc)

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No Dispositions. Other than sales of inventory or sales or returns of obsolete or surplus equipment in the ordinary course of business consistent with past practice, the Company shall not, nor shall it permit any of its Subsidiaries to, sell, lease, encumber or otherwise dispose of, or agree to sell, lease (whether such lease is an operating or capital lease), encumber or otherwise dispose of, any of its material assets (including, without limitation, including any capital stock or other ownership interest of any Subsidiary of the Company).. 16

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tmil Corp)

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