Common use of Purchase and Sale of Capital Assets Clause in Contracts

Purchase and Sale of Capital Assets. The Company will not purchase, lease as lessee, license as licensee, or otherwise acquire any interest in, or sell, lease as lessor, license as licensor, or otherwise dispose of any interest in, any capital asset(s).

Appears in 4 contracts

Samples: Merger Agreement (Leukosite Inc), Merger Agreement (Leukosite Inc), Merger Agreement (Leukosite Inc)

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Purchase and Sale of Capital Assets. The Company will shall not purchase, lease as lessee, license as licensee, or otherwise acquire any interest in, or sell, lease as lessor, license as licensorlicensee, or otherwise dispose of any interest in, any capital asset(s) (a) other than in the ordinary course of business, or (b) having a market value in excess of $10,000 in any instance, or in excess of $50,000 in the aggregate.

Appears in 1 contract

Samples: Merger Agreement (Impac Group Inc /De/)

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