Common use of Property Transfers Clause in Contracts

Property Transfers. Sales, transfers, assignments or other dispositions of other assets of the Borrower, any Loan Party or any Borrower Subsidiary which do constitute Borrowing Base Properties; provided that the Borrower will be in compliance with the Financial Covenants considering the consequences of any such sale;

Property Transfers. Sales, transfers, assignments assignments, leases or other dispositions of other assets of the Borrower, any Loan Party or any Borrower Subsidiary which do constitute Borrowing Base Collateral Properties; provided that the Borrower will be in compliance with the Financial Covenants considering the consequences of any such sale;