Common use of Sale of Assets Clause in Contracts

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or propertyproperty or, in the case of any Subsidiary (other than an Immaterial Subsidiary), any shares of such Subsidiary’s Capital Stock, in each case whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a any wholly owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will shall not nor shall it permit any Subsidiary of its Subsidiaries the Borrower to, sell, convey, selltransfer, lease, assign, transfer lease or otherwise dispose of, any of its their respective assets or any interest therein (including the sale or factoring at maturity or collection of any accounts) to any Person or permit or suffer any other Person to acquire any interest in any of their respective assets, business or property, whether now owned or hereafter acquired, or, in nor shall the case Borrower permit any of any Subsidiary, its Subsidiaries to issue or sell any shares of their Stock or any Stock Equivalents (any such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable lawdisposition being an “Asset Sale”), exceptexcept for the following:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. (a) The Borrower will not, and will not permit any of its Consolidated Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assetsproperty, business or propertyassets (including leasehold interests), whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a any wholly owned Subsidiary Loan Party (or to qualify directors if required by applicable law)of the Borrower, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or any wholly owned Subsidiary of the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Material Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, assets other than in the case ordinary course of any Subsidiary, issue business and except for sales or sell any shares of such Subsidiary’s common stock other transfers by a wholly-owned Subsidiary to any Person other than the Borrower or a another wholly-owned Subsidiary Loan Party (or to qualify directors if required by applicable law), except:of the Borrower.

Sale of Assets. (a) The Borrower will not, and will not permit any of its Consolidated Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, or enter into any Sale Leaseback with respect to, any of its assetsproperty, business or propertyassets (including leasehold interests), whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law) (each, a “Disposition”), except:

Sale of Assets. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any SubsidiaryRestricted Subsidiary of the Borrower, issue or sell any shares of such Restricted Subsidiary’s common stock Equity Interests to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable lawApplicable Law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiaryasset, issue or sell including any shares of such Subsidiary’s common stock to any Person Equity Interest owned by it, other than to the Borrower or a another Subsidiary Loan Party (or to qualify directors if required by applicable law)in compliance with Section 6.03, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, conveyexcept as permitted under this Section 7.4, sell, assign, lease, assign, transfer or otherwise dispose of, of (whether in one transaction or in a series of transactions) all or any part of its assets, business or property, Property (whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:; provided that

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, conveyexcept as permitted under this Section 7.4, sell, assign, lease, assign, transfer or otherwise dispose of, of (whether in one transaction or in a series of transactions) all or any part of its assets, business or property, Property (whether now owned or hereafter acquired); provided, orhowever, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:that

Sale of Assets. The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the any Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to to, any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Parent and the Borrower will not, and will not permit any of its their respective Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its their assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than Parent, the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquiredacquired (each, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law“Disposition”), except:

Sale of Assets. The Holdings and the Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or propertyproperty or, in the case of any Restricted Subsidiary, any shares of such Restricted Subsidiary’s Capital Stock (each a “Disposition”), in each case whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Restricted Subsidiary, except:

Sale of Assets. The Holdings and the Borrower will not, and will not permit any of its their respective Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any SubsidiarySubsidiary of the Borrower, issue or sell any shares of such Subsidiary’s common stock Equity Interests to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to to, any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Consolidated Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Consolidated Subsidiary, issue or sell any shares of such Consolidated Subsidiary’s common stock to any Person other than the Borrower or a any Wholly-Owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock stock, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Party, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), exceptexcept as permitted in Section 7.3 and except for the following:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, sell, convey, selltransfer, lease, assign, transfer lease or otherwise dispose of, any of its assetsassets or any interest therein (including the sale or factoring at maturity or collection of any accounts) to any Person, business or property, whether now owned permit or hereafter acquired, suffer any other Person to acquire any interest in any of its assets or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to 's Stock or Stock Equivalent (any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable lawsuch disposition being an "Asset Sale"), exceptexcept for the following:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock 's Capital Stock, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Party, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or any wholly-owned Subsidiary of the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose ofof to any Person other than Borrower or a Wholly Owned Subsidiary, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Wholly Owned Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Equity Interests, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Restricted Subsidiary, issue or sell any shares of such Restricted Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Party, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a any other Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or propertyProperty, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a any Subsidiary Loan Party (or to qualify directors if required by applicable law)of the Borrower, except:

Sale of Assets. The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower Borrowers or a any wholly-owned Subsidiary Loan Party of the Borrowers (or to qualify directors if required by applicable law) (each, a “Disposition”), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), exceptassets except for:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquiredacquired or issue, or, in the case of any Subsidiary, issue sell or sell otherwise transfer any shares of such a Subsidiary’s common stock 's Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock 's Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify qualified directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, sell, convey, selltransfer, lease, assign, transfer lease or otherwise dispose of, any of its assets, business assets or property, whether now owned any interest therein (including the sale or hereafter acquired, or, in the case factoring at maturity or collection of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock accounts) to any Person, or permit or suffer any other Person other than the Borrower or a Subsidiary Loan Party to acquire any interest in any of its assets (or to qualify directors if required by applicable lawany such disposition being an "Asset Sale"), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries (other than Carrier Enterprise) to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any such Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Equity Interests to any Person other than the Borrower or a Subsidiary Loan Party Guarantor (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, Dispose (including by way of division) of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower Borrowers will not, and will not permit any of its their Restricted Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Restricted Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower Borrowers or a any wholly-owned Subsidiary Loan Party of the Borrowers (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or propertyproperty or, in the case of any Subsidiary (other than an Immaterial Subsidiary), any shares of such Subsidiary’s Capital Stock, in each case whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Person, except:

Sale of Assets. The Borrower and the Parent will not, and will not permit any of its Subsidiaries Subsidiary to, convey, sell, lease, assign, pledge, transfer or otherwise dispose of, of any of its assetstheir assets (including, business or propertywithout limitation, accounts receivable and leasehold interests), whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than except that the Borrower or a Subsidiary Loan Party may sell tangible assets if the total amount of the sale would be less than five (or to qualify directors if required by applicable law), except:5%) of the Borrower's tangible assets in any one year and such sale would not impair the going concern value of the Borrower.

Sale of Assets. The Borrower will not, and nor will not it permit any of its Subsidiaries to, convey, sellin one or any series of transactions, lease, assign, transfer sell or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, orProperty which, in the case aggregate, constitutes a Substantial Portion of the Property of Borrower or any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than Person, except for (a) sales of Property in the ordinary course of business and (b) leases, sales or other dispositions of its Property to a Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:of Borrower.

Sale of Assets. The Borrower will not, and nor will not it permit any of its Subsidiaries Subsidiary to, convey, sell, lease, assignsell, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, Property to any other Person except for (a) sales of Investments in the case ordinary course of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than business by the Borrower or any Insurance Subsidiary, including without limitation, transactions undertaken for the purpose of restructuring all or a Subsidiary Loan Party part of the portfolio of Investments owned by the Borrower or such Insurance Subsidiary, and (b) leases, sales, transfers or to qualify directors if required by applicable law)other dispositions of its Property that, except:together with all other Property

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:,

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, sell, convey, selltransfer, lease, assign, transfer lease or otherwise dispose of, any of its assets, business assets or property, whether now owned any interest therein (including the sale or hereafter acquired, or, in the case factoring at maturity or collection of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock accounts) to any Person, or permit or suffer any other Person other than the Borrower or a Subsidiary Loan Party to acquire any interest in any of its assets (or to qualify directors if required by applicable lawany such disposition being an “Asset Sale”), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Material Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, assets except for sales in the case ordinary course of any Subsidiary, issue business and except for sales or sell any shares of such Subsidiary’s common stock other transfers by a Subsidiary to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:wholly-owned Subsidiary.

Sale of Assets. The Borrower Holdings and the Borrowers will not, and will not permit any of its their Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its their assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary any Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, convey, sell, lease, assignsell, transfer or otherwise dispose of, of (or agree to do so at any future time) all or any part of its property or assets, business or property, whether now owned or hereafter acquired, or, except (i) sales of inventory in the case ordinary course of any Subsidiary, issue business and (ii)other sales of equipment or sell any shares assets so long as either the proceeds of such Subsidiary’s common stock sale are used to any Person other than the Borrower purchase replacement equipment as contemplated by Section 2.14(a) or a Subsidiary Loan Party (assets or are used to qualify directors if required prepay Loans as contemplated by applicable law), except:Section 2.13.

Sale of Assets. The Each Corporate Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, assets except for sales and leases of inventory in the case ordinary course of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:business.

Sale of Assets. The Each Borrower will shall not, and will shall not permit any of its respective Subsidiaries to, conveyeffect an Asset Sale, sell, lease, assign, transfer or otherwise dispose of, permit or suffer any other Person to acquire an interest in any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any SubsidiaryBorrower (other than the Parent) or any Subsidiary thereof, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower 's Stock or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Stock Equivalents, except:

Sale of Assets. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or propertyproperty or, in the case of any Restricted Subsidiary, any shares of such Restricted Subsidiary’s Capital Stock, in each case whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The No Borrower will notwill, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer make or otherwise dispose of, consummate any of its assets, business or property, whether now owned or hereafter acquiredAsset Disposition, or, in the case of any Subsidiary, issue or sell any shares Equity Interests of such Subsidiary’s common stock Subsidiary to any Person other than the to a Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its consolidated Subsidiaries or any Loan Party to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Borrower, except:

Sale of Assets. The Borrower will not, and will not permit any member of its Subsidiaries the Group to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock 's shares to any Person person other than the Borrower or a Precision US or any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose Dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of(collectively, a “Disposition”) of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than to the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and -------------- will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or propertyProperty, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:except the following (each a “Permitted Asset Sale”):

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)of the Borrower, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its respective assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common 's capital stock to any Person other than the Borrower or a any Wholly-Owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law) (each of the foregoing, an "Asset Disposition"), except:

Sale of Assets. The Borrower will not, and will not permit any of its Consolidated Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Consolidated Subsidiary, issue or sell any shares of such Consolidated Subsidiary’s 's common stock to any Person other than the Borrower or a any Wholly-Owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Borrower, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, sell, convey, selltransfer, lease, assignsecuritize, transfer exchange or otherwise dispose of, any of its assets, business assets or property, whether now owned any interest therein (including the sale or hereafter acquired, or, in the case factoring at maturity or collection of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock accounts) to any Person, or permit or suffer any other Person other than the Borrower or a Subsidiary Loan Party to acquire any interest in any of its assets (or to qualify directors if required by applicable lawany such disposition being an "ASSET SALE"), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common capital stock (excluding the Spin-off) to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Consolidated Subsidiaries or any Loan Party to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Borrower, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer transfer, or otherwise dispose of, or permit any Subsidiary to sell, lease, assign, transfer, or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquiredacquired assets (including, orwithout limitation, shares of stock and indebtedness of Subsidiaries, receivables, and leasehold interests), except inventory and obsolete equipment disposed of in the case ordinary course of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:business.

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose ofof to any Person other than to Borrower or a Wholly Owned Subsidiary, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a Wholly Owned Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)Domestic Subsidiary, except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party (or to qualify directors if required by applicable law)of the Borrower, except:

Sale of Assets. The Borrower will not, and will -------------- not permit any of its Consolidated Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Consolidated Subsidiary, issue or sell any shares of such Consolidated Subsidiary’s 's common stock to any Person other than the Borrower or a any Wholly-Owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law)of the Borrower, except:

Sale of Assets. The Borrower will shall not, and will shall not permit allow any of its Restricted Subsidiaries to, convey, sell, sell lease, assign, transfer or otherwise dispose ofof (each of the foregoing, a “Disposition”), any of its assetsBorrowing Base Properties or Equity Interests in Restricted Subsidiaries owning Borrowing Base Properties and related assets constituting Oil and Gas Properties, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), exceptexcept that:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, assets except for sales and leases of inventory in the case ordinary course of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:business.

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s 's common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, convey, sell, lease, assign, transfer lease or otherwise dispose of, of any of its their properties or assets, business except for sales or property, whether now owned or hereafter acquired, or, other dispositions in the case ordinary course of any Subsidiarybusiness of obsolete or unusable property or assets (it being understood that customer lists, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable lawcontracts, inventory and accounts receivable are excluded from this exception), except:.

Sale of Assets. The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the a Borrower or any wholly-owned Subsidiary of a Subsidiary Loan Party Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and nor will not it permit any of its Subsidiaries Subsidiary to, convey, sell, lease, assigntransfer, transfer assign or otherwise dispose ofof (including, for the avoidance of doubt, in connection with a sale leaseback transaction), any of its assetsassets (including, business or propertyfor the avoidance of doubt, whether now owned or hereafter acquiredthe capital stock of Subsidiaries, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:but excluding

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common capital stock or limited liability company, partnership or other ownership interests, as the case may be, to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any SubsidiarySubsidiary of the Borrower, issue or sell any shares of such Subsidiary’s common stock Equity Interests to any Person other than the Borrower or a any wholly-owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable lawApplicable Law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock to any Person other than the Borrower or a any Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, assets except for sales and leases of inventory in the case ordinary course of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than business and except the Borrower may sell up obsolete or a Subsidiary Loan Party (or unused Equipment in aggregate amount not to qualify directors if required by applicable law), except:exceed $50,000.

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, (including by way of division) of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Borrower will not, and will not permit any of its Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose of, of any of its assets, business or property, whether now owned or hereafter acquired, property or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock Capital Stock, in each case whether now owned or hereafter acquired, to any Person other than the Borrower or a any wholly owned Subsidiary Loan Party of the Borrower (or to qualify directors if required by applicable law), except:

Sale of Assets. The No Borrower will, nor will not, and will not any Borrower permit any of its Subsidiaries Restricted Subsidiary to, convey, sell, lease, assign, transfer or otherwise dispose of, any of its assets, business or property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the a Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:

Sale of Assets. The Each Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, assets except for sales and leases of inventory in the case ordinary course of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:business.

Sale of Assets. The Notwithstanding anything to the contrary contained in this Agreement, except in the ordinary course of business, Borrower will not, and will not permit any of its Subsidiaries to, convey, to sell, lease, assign, transfer transfer, convey or otherwise dispose of, any of its their assets, business or property, whether now owned or hereafter acquired, or, in including the case stock of any Subsidiary, issue or sell any shares either Subsidiary of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:Borrower.

Sale of Assets. The Borrower will not, and nor will not permit any of its Subsidiaries Subsidiary to, convey, sell, leasetransfer, assign, transfer lease or otherwise dispose of, convey all or any substantial part of its assets, business or property, whether now owned or hereafter acquired, or, assets except for sales and leases of inventory in the case ordinary course of any Subsidiary, issue or sell any shares of such Subsidiary’s common stock to any Person other than the Borrower or a Subsidiary Loan Party (or to qualify directors if required by applicable law), except:business.