Common use of Sales and Transfers Clause in Contracts

Sales and Transfers. Not sell, assign, lease, transfer, sell and leaseback, or otherwise dispose of all or any material amount of its assets not in the ordinary course of business to any person or entity or turn over the management of, or enter into a management contract with respect to, such assets.

Appears in 4 contracts

Samples: Term Loan Agreement (Vivus Inc), Technical Communications Corp, Line of Credit Agreement (United Energy Corp /Nv/)

AutoNDA by SimpleDocs

Sales and Transfers. Not sell, assign, lease, transfer, sell and leaseback, leaseback or otherwise dispose of all or any material amount of its assets not in the ordinary course of business to any person or entity or turn over the management of, or enter into a management contract with respect to, such assets.

Appears in 1 contract

Samples: Line of Credit Agreement (Mikron Instrument Co Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!