Restrictions on Sales of Assets. The Company will not sell, transfer, or dispose of any property except for sales of obsolete equipment having a book value at the time of sale of not more than $100,000 in the aggregate in any fiscal year.
Appears in 5 contracts
Samples: Bridge Note Purchase Agreement (Cambex Corp), Bridge Notes Purchase and Security Agreement (Providential Holdings Inc), Bridge Note Purchase and Security Agreement (Tracker Corp of America)
