Common use of Sale of Assets and Liquidation Clause in Contracts

Sale of Assets and Liquidation. The Borrowers shall not sell, and shall not permit any Subsidiary to, lease or otherwise dispose of, in one transaction or a series of transactions, assets or properties, including, without limitation, the Collateral, in an annual amount in excess of $100,000 other than in the ordinary course of the Borrowers’ business, or take any action to liquidate, dissolve or wind up the Borrowers or any Subsidiary or its business.

Sale of Assets and Liquidation. The Borrowers Borrower and each Subsidiary shall not sell, and shall not permit any Subsidiary to, lease or otherwise dispose of, in one transaction or a series of transactions, all or substantially all of its business, assets or properties, including, without limitation, the Collateral, in an annual amount in excess properties outside of $100,000 other than in the ordinary course of the Borrowers’ business, businesses or take any action to liquidate, dissolve or wind up the Borrowers or Borrower, any Subsidiary Subsidiary, or its business.

Sale of Assets and Liquidation. The Borrowers Other than in the ordinary course of its businesses, the Borrower shall not sell, and shall not permit any Subsidiary to, lease or otherwise dispose of, in one transaction or a series of transactions, all or any substantial part of its business, assets or properties, including, without limitation, the Collateral, in an annual amount in excess of $100,000 other than in the ordinary course of the Borrowers’ business, or take any action to liquidate, dissolve or wind up the Borrowers or any Subsidiary Borrower or its business.

Sale of Assets and Liquidation. The Borrowers Borrower and its Subsidiaries shall not sell, and shall not permit any Subsidiary to, lease or otherwise dispose of, in one transaction or a series of transactions, all or any substantial part of its business, assets or properties, including, without limitation, the Collateral, in an annual amount in excess outside of $100,000 other than in the ordinary course of the Borrowers’ business, business or take any action to liquidate, dissolve or wind up the Borrowers Borrower or any such Subsidiary or its business.