Common use of Other Asset Sales Clause in Contracts

Other Asset Sales. Prior to the Collateral Release Date, the Company shall not, and shall not permit any Subsidiary Guarantor to, Dispose of its respective assets, except Permitted Asset Sales or in a transaction that complies with Section 7.7.

Appears in 3 contracts

Samples: Guarantee Agreement (General Motors Financial Company, Inc.), Guarantee Agreement (General Motors Co), Guarantee Agreement (General Motors Co)

AutoNDA by SimpleDocs

Other Asset Sales. Prior to the Collateral Release Date, the Company Borrower shall not, and shall not permit any Subsidiary Guarantor to, Dispose of its respective assets, except assets other than Permitted Asset Sales or in a transaction that complies with Section 7.7.

Appears in 1 contract

Samples: Credit Agreement (General Motors Co)

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