No Dispositions. Acquiror shall not sell, lease, pledge, encumber or otherwise dispose of, or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its assets that are material to its business, or any other assets except in the ordinary course of business consistent with prior practice.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (VDC Corp LTD), Agreement and Plan of Merger (Moran Frederick A), Agreement and Plan of Merger (Moran Frederick W)
No Dispositions. Acquiror shall not sell, lease, pledge, encumber or otherwise dispose of, of or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its assets that are material to its business, or any other assets except in the ordinary course of business consistent with prior practicepractice and in no event amounting in the aggregate to more than $5,000 in value of such assets.
Appears in 3 contracts
Samples: Merger Agreement (Global Diversified Acquisition Corp), Merger Agreement (IElement CORP), Merger Agreement (IElement CORP)
No Dispositions. Acquiror shall not sell, lease, pledge, encumber or otherwise dispose of, or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its assets that are material to its businessmaterial, or any other assets except in the ordinary course of business consistent with prior practice.
Appears in 2 contracts
Samples: Merger Agreement (Pacific Rim Entertainment Inc), Merger Agreement (Pacific Rim Entertainment Inc)
No Dispositions. Acquiror shall not sell, lease, --------------- pledge, encumber or otherwise dispose of, or agree to sell, lease, pledge, encumber or otherwise dispose of, any of its assets that are material to its businessmaterial, or any other assets except in the ordinary course of business consistent with prior practice.
Appears in 1 contract