Common use of Sale or Transfer Clause in Contracts

Sale or Transfer. Authorize or approve the transfer, sale or other disposition of any of the Acquired Assets or the Hospital Campus Real Property other than in the ordinary and usual course of business as heretofore conducted, except for such items as are no longer useful, or obsolete, worn out or incapable of any further use, and as will be replaced in accordance with Seller’s usual practice with other items of substantially the same value and utility as the items transferred, sold, exchanged or otherwise disposed of.

Appears in 9 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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