Common use of No Dispositions Clause in Contracts

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)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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

Samples: Merger Agreement (Skynet Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!