Ordinary Course Dispositions. The Personal Property relating to any individual Restaurant shall not include any property or assets which have been disposed of prior to the Closing in the ordinary course of business consistent with the past operations of such Restaurant, and subject to the provisions of Section 4.1.
Ordinary Course Dispositions. Each time Borrower intends to deploy any Eligible Inventory in the ordinary course of Borrower’s business, it shall provide notice thereof to Administrative Agent by providing Administrative Agent the Release Request with respect to such Eligible Inventory and shall promptly pay to Administrative Agent the Release Price with respect to such Eligible Inventory. Upon receipt of the Release Price, Administrative Agent shall release its Lien in such Eligible Inventory as set forth in the Security Agreement.
Ordinary Course Dispositions. The PH Personal Property relating to any individual PH Restaurant shall not include any property or assets which have been disposed of prior to the Closing in the ordinary course of business consistent with the past operations of such PH Restaurant and subject to the provisions of Section 7.1.
Ordinary Course Dispositions. The NPC Personal Property relating to any individual NPC Restaurant shall not include any property or assets which have been disposed of prior to the Closing in the ordinary course of business consistent with the past operations of such NPC Restaurant and subject to the provisions of Section 7.1.
Ordinary Course Dispositions at the request of the Company, and the Administrative Agent hereby agrees, to release any Liens granted to the Administrative Agent by the Loan Parties on any Collateral:
Ordinary Course Dispositions. All tangible and intangible personal property of Seller disposed of or consumed in the ordinary course of business consistent with the past practices of Seller between the date of this Agreement and the Closing Date, and as permitted under the terms hereof;
Ordinary Course Dispositions. Items that would otherwise be included in the Transferred Properties but for the fact that they were used, consumed or otherwise disposed of either (i) in the ordinary course of business, consistent with the Seller’s past practice, prior to the Closing or (ii) with Buyer’s prior written consent;
Ordinary Course Dispositions. The Personal Property relating to any individual Restaurant shall not include any inventory which is disposed of prior to the Closing in the Ordinary Course of Business.
Ordinary Course Dispositions. Items used, consumed or otherwise disposed of in the ordinary course of business prior to the Closing or with the applicable Buyer’s consent;
