Common use of Sale of Assets and Liquidation Clause in Contracts

Sale of Assets and Liquidation. The Borrower and its Subsidiaries shall not sell, 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, outside of the ordinary course of business or take any action to liquidate, dissolve or wind up the Borrower or any such Subsidiary or its business.

Appears in 1 contract

Samples: Credit and Security Agreement (Comscore, Inc.)

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Sale of Assets and Liquidation. The Other than in the ordinary course of their businesses, the Borrower and its Subsidiaries shall not sell, 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, outside of the ordinary course of business or take any action to liquidate, dissolve or wind up the Borrower or any such Subsidiary or its business.

Appears in 1 contract

Samples: Credit and Security Agreement (International Assets Holding Corp)

Sale of Assets and Liquidation. The Borrower and its Subsidiaries Borrowers shall not sell, lease or otherwise dispose of, in one transaction or a series of transactions, all or any substantial part of its their business, assets or properties, including, without limitation, the Collateral, outside of the ordinary course of business or take any action to liquidate, dissolve or wind up the any Borrower or any such Subsidiary or its businessbusiness except as otherwise permitted under Section 5.9 of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Keyw Holding Corp)

Sale of Assets and Liquidation. The Borrower and its Subsidiaries Other than in the ordinary course of their businesses, the Borrowers shall not sell, 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, outside of the ordinary course of business or take any action to liquidate, dissolve or wind up the Borrower Borrowers or any such Subsidiary or its their business.

Appears in 1 contract

Samples: Credit Agreement (International Assets Holding Corp)

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Sale of Assets and Liquidation. The Borrower and its Subsidiaries each Subsidiary shall not sell, lease or otherwise dispose of, in one transaction or a series of transactions, all or any substantial part substantially all of its business, assets or properties, including, without limitation, the Collateral, properties outside of the ordinary course of business businesses or take any action to liquidate, dissolve or wind up the Borrower or Borrower, any such Subsidiary Subsidiary, or its business.

Appears in 1 contract

Samples: Special Project Loan Agreement (Optical Cable Corp)

Sale of Assets and Liquidation. The Other than in the ordinary course of its businesses, the Borrower and its Subsidiaries shall not sell, 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, outside of the ordinary course of business or take any action to liquidate, dissolve or wind up the Borrower or any such Subsidiary or its business.

Appears in 1 contract

Samples: Credit Agreement (International Assets Holding Corp)

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