Common use of Sale or Other Disposition of Assets Clause in Contracts

Sale or Other Disposition of Assets. The Borrower will not, and will not permit any Subsidiary to, except as permitted under this Section 9.8, sell, assign, lease, or otherwise dispose of (whether in one transaction or in a series of transactions) all or any part of its Property (whether now owned or hereafter acquired); provided, however, that (i) the Borrower or any Subsidiary may in the ordinary course of business dispose of (a) Property consisting of Inventory; and

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southern Union Co), Term Loan Credit Agreement (Southern Union Co)

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Sale or Other Disposition of Assets. The Borrower will not, and will not permit any Subsidiary to, except as permitted under this Section 9.810.8, sell, assign, lease, or otherwise dispose of (whether in one transaction or in a series of transactions) all or any part of its Property (whether now owned or hereafter acquired); provided, however, that (i) the Borrower or any Subsidiary may in the ordinary course of business dispose of (a) Property consisting of Inventory; and

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

Sale or Other Disposition of Assets. The Borrower will not, and will not permit any Subsidiary to, except as permitted under this Section 9.8, sell, assign, lease, or otherwise dispose of (whether in one transaction or in a series of transactions) all or any part of its Property (whether now owned or hereafter acquired); providedPROVIDED, howeverHOWEVER, that (i) the Borrower or any Subsidiary may in the ordinary course of business dispose of (a) Property consisting of Inventory; andand (b) Property consist-

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

Sale or Other Disposition of Assets. The Borrower ----------------------------------- will not, and will not permit any Subsidiary to, except as permitted under this Section 9.810.8, sell, assign, lease, or otherwise dispose of (whether in one transaction or in a series of transactions) all or any part of its Property (whether now owned or hereafter acquired); provided, however, that (i) the -------- ------- Borrower or any Subsidiary may in the ordinary course of business dispose of (a) Property consisting of Inventory; and

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

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Sale or Other Disposition of Assets. The Borrower ----------------------------------- will not, and will not permit any Subsidiary to, except as permitted per- mitted under this Section 9.8, sell, assign, lease, or otherwise dispose of (whether in one transaction or in a series of transactionstrans- actions) all or any part of its Property (whether now owned or hereafter acquired); provided, however, that (i) the Borrower or -------- ------- any Subsidiary may in the ordinary course of business dispose of (a) Property consisting of Inventory; and

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

Sale or Other Disposition of Assets. The Borrower will not, and will not permit any Subsidiary to, except as permitted under this Section 9.810.8, sell, assign, lease, or otherwise dispose of (whether in one transaction or in a series of transactions) all or any part of its Property (whether now owned or hereafter acquired); providedPROVIDED, howeverHOWEVER, that (i) the Borrower or any Subsidiary may in the ordinary course of business dispose of (a) Property consisting of Inventory; and

Appears in 1 contract

Samples: Revolving Credit Agreement (Southern Union Co)

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