Common use of RESTRICTIONS ON DEALINGS Clause in Contracts

RESTRICTIONS ON DEALINGS. The Chargor may not: (a) create or permit to subsist any Security Interest on any of its assets; or (b) either in a single transaction or in a series of transactions and whether related or not and whether voluntarily or involuntarily sell, lease, transfer, redeem or otherwise dispose of all or any part of its assets, unless permitted under the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

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RESTRICTIONS ON DEALINGS. The Chargor may not: (a) create or permit to subsist any Security Interest on any of its assetsthe Security Accounts; or (b) either in a single transaction or in a series of transactions and whether related or not and whether voluntarily or involuntarily sell, lease, transfer, redeem or otherwise dispose of all or any part of its assetsthe Security Accounts, unless permitted under the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

RESTRICTIONS ON DEALINGS. The Chargor may not: (a) create or permit to subsist any Security Interest on any of its assets; orSecurity Assets; (b) either in a single transaction or in a series of transactions and whether related or not and whether voluntarily or involuntarily sell, lease, transfer, redeem transfer or otherwise dispose of all or any part of its assetsthe Security Assets, unless permitted excluding any interest created under or pursuant to the Credit Shareholders Agreement.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Ctrip Com International LTD)

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RESTRICTIONS ON DEALINGS. The Chargor may must not: (a) create or permit to subsist any Security Interest on over any of its assetsSecurity Asset; or (b) either in enter into a single transaction or in a series of transactions and (whether related or not and whether voluntarily voluntary or involuntarily involuntary) to sell, lease, transferlicence, redeem transfer or otherwise dispose of all or any part of its assetsSecurity Asset, unless permitted except as expressly allowed under the Credit AgreementAgreement or this Deed.

Appears in 1 contract

Samples: Company Debenture

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