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

Purchase and Sale of Capital Assets. Other than pursuant to this ----------------------------------- Agreement, the Sellers shall not purchase or sell or otherwise dispose of any capital asset of the Business with a market value in excess of $50,000, or any such capital assets with an aggregate market value in excess of $100,000, without the prior written consent of the Buyer, and in no event shall purchase, sell or otherwise dispose of any capital asset other than in the ordinary course of the Business and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ironbridge Acquisition Corp)

AutoNDA by SimpleDocs

Purchase and Sale of Capital Assets. Other than pursuant to this ----------------------------------- Agreement, the Sellers Seller shall not purchase or sell or otherwise dispose of any capital asset of the Business with a market value in excess of $50,0002,000, or any such of capital assets with an aggregate of market value aggregating in excess of $100,000, 5,000 without the prior written consent of the Buyer, and in no event shall purchase, sell or otherwise dispose of any capital asset other than in the ordinary course of the Business and consistent with past practicesbusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ph Group Inc)

Purchase and Sale of Capital Assets. Other than pursuant to this ----------------------------------- Agreement, the The Sellers shall not permit the Companies to purchase or sell or otherwise dispose of any capital asset of the Business with a market value in excess of $50,0005,000, or any such of capital assets with an aggregate of market value aggregating in excess of $100,000, 20,000 without the prior written consent of the Buyer, and in no event shall the Companies purchase, sell or otherwise dispose of any capital asset other than in the ordinary course of the Business and consistent with past practicesbusiness.

Appears in 1 contract

Samples: Stock Purchase Agreement (H R Window Supply Inc)

AutoNDA by SimpleDocs

Purchase and Sale of Capital Assets. Other than pursuant Except for any capital expenditures approved by the Company prior to this ----------------------------------- Agreementthe date hereof and described in management reports, copies of which have been provided to the Buyer, the Sellers shall not permit the Company or the Subsidiaries to purchase or sell or otherwise dispose of any capital asset of the Business with a market value in excess of $50,0005,000, or any such of capital assets with an aggregate of market value aggregating in excess of $100,000, 50,000 without the prior written consent of the Buyer, and in no event shall purchase, sell or otherwise dispose of any capital asset other than in the ordinary course of the Business and consistent with past practicesbusiness.

Appears in 1 contract

Samples: Stock Purchase Agreement (High Voltage Engineering Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.