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: Merger Agreement (Ply Gem Industries Inc), Merger Agreement (Atrium Corp), Merger Agreement (Nortek Inc)
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), Merger Agreement (Ero Marketing Inc), Merger Agreement (Ero 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).. 16
Appears in 1 contract
Samples: Merger Agreement (Tmil Corp)
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
