Common use of Sale or Disposition Clause in Contracts

Sale or Disposition. Sell or dispose of all or any Properties or grant any Person an option to acquire any such Property; provided, however, that the foregoing shall not prohibit sales of Inventory in the ordinary course of Borrower's business and provided, further, however, Lender shall not unreasonably withhold its consent to any such other sale or disposition.

Appears in 1 contract

Samples: Loan Agreement (Iec Electronics Corp)

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Sale or Disposition. Sell or dispose of all or any Properties or interest therein or grant any Person an option to acquire any such Property; , provided, however, that the foregoing shall not prohibit sales of Inventory in the ordinary course of Borrower's business and providedbusiness, furtheror the sale of obsolete, however, Lender shall not unreasonably withhold its consent to any such other sale worn out Property or dispositionProperty no longer used in the ordinary course of Borrower's business.

Appears in 1 contract

Samples: Revolving Loan Agreement (Synergx Systems Inc)

Sale or Disposition. Sell or dispose of all or any Properties portion of its assets or grant any Person an option to acquire any such Property; assets, provided, however, that the foregoing shall not prohibit sales of Inventory in the ordinary course of Borrower's business and provided, further, however, Lender shall not unreasonably withhold its consent to any such other sale or dispositiondispositions of obsolete Inventory or Equipment.

Appears in 1 contract

Samples: Loan Agreement (Viewcast Com Inc)

Sale or Disposition. Sell or dispose of all or any Properties or grant any Person an option to acquire any such Property; , provided, however, that the foregoing shall not prohibit sales of Inventory in the ordinary course of Borrower's business and provided, further, however, Lender shall not unreasonably withhold its consent to any such other sale or dispositionbusiness.

Appears in 1 contract

Samples: Revolving Loan Agreement (Hudson Technologies Inc /Ny)

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Sale or Disposition. Sell or dispose of all or any Properties or grant any Person an option to acquire any such Property; , provided, however, that the foregoing shall not prohibit sales of Inventory in the ordinary course of Borrower's business and provided, further, however, Lender shall not unreasonably withhold its consent to any such other sale or disposition’s business.

Appears in 1 contract

Samples: Revolving Loan Agreement (Hirsch International Corp)

Sale or Disposition. Sell or dispose of all or any Properties or grant any Person an option to acquire any such Property; , provided, however, that the foregoing shall not prohibit sales of Inventory in the ordinary course of Borrower's business and providedbusiness, furtheror the sale of obsolete, however, Lender shall not unreasonably withhold its consent to any such other sale worn out Property or dispositionProperty no longer used in the ordinary course of Borrower's business.

Appears in 1 contract

Samples: Revolving Loan Agreement (Jaclyn Inc)

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