Sale of Property and Assets Sample Clauses

Sale of Property and Assets. The Guarantor shall not, and shall not permit any of its Subsidiaries to, sell, transfer, convey, lease or otherwise dispose of all or any material part of their respective property or assets (other than to the Guarantor or one or more Subsidiaries) if such action would have a Material Adverse Effect;
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Sale of Property and Assets. No Loan Party shall sell, assign, transfer, charge, encumber or otherwise dispose of any of their respective property or assets except as otherwise contemplated herein without the prior written approval of the Lender, not to be unreasonably withheld.
Sale of Property and Assets. The Borrower shall not, and shall not permit any of its Subsidiaries to, sell, transfer, convey, lease or otherwise dispose of all or any material part of their respective property or assets (other than to the Borrower or one or more Subsidiaries of the Borrower) if such action would have a Material Adverse Effect;

Related to Sale of Property and Assets

  • Sale of Property If the Premises is sold, the Tenant is to be notified of the new Owner, and if there is a new Manager, their contact details for repairs and maintenance shall be forwarded. If the Premises is conveyed to another party, the new owner: (check one) ☐ - Has the right to terminate this Agreement by providing days’ notice to the Tenant. ☐ - Does not have the right to terminate this Agreement.

  • Title to Property and Assets The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such lease.

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