Common use of No Dispositions Clause in Contracts

No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice which are not material, individually or in the aggregate, to such party and its Subsidiaries taken as a whole, 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 assets.

Appears in 4 contracts

Samples: Merger Agreement (Hadco Acquisition Corp Ii), Merger Agreement (Hadco Acquisition Corp Ii), Merger Agreement (Zycon Corp)

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No Dispositions. Other than sales, leases, encumbrances or dispositions in the ordinary course of business consistent with past practice which that are not material, individually or in the aggregate, to such party the Company and its Subsidiaries taken as a whole, the Company shall not, nor not and it shall it not permit any of its Subsidiaries to, 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 assets.

Appears in 3 contracts

Samples: Merger Agreement (Lennox International Inc), Merger Agreement (Lennox International Inc), Merger Agreement (Service Experts Inc)

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No Dispositions. Other than dispositions in the ordinary course of business consistent with past practice which are not material, individually or in the aggregate, to such party the Company and its Subsidiaries taken as a whole, the Company shall not, nor shall it permit any of its Subsidiaries to, sell, lease, encumber or otherwise dispose of, or agree to selltransfer, lease (whether such lease is an operating or capital lease), encumber encumber, agree to sell, transfer, lease or otherwise dispose of, any of its assets.

Appears in 2 contracts

Samples: Merger Agreement (Compdent Corp), Agreement and Plan of Merger (Compdent Corp)

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