Common use of Sales of Receivables; Sale - Leasebacks Clause in Contracts

Sales of Receivables; Sale - Leasebacks. Except as set forth on Schedule 8(f) hereto, sell, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company, with or without recourse, except for the purpose of collection in the ordinary course of business; or sell any asset pursuant to an arrangement to thereafter lease such asset from the purchaser thereof;

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tanke Biosciences Corp), Link Resources Inc.

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Sales of Receivables; Sale - Leasebacks. Except as set forth on Schedule 8(f) hereto, sellSell, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the CompanyBorrower, with or without recourse, except for the purpose of collection in the ordinary course of business; or sell any asset pursuant to an arrangement to thereafter lease such asset from the purchaser purchase thereof;. 7.8

Appears in 1 contract

Samples: Chyron Corp

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Sales of Receivables; Sale - Leasebacks. Except as set forth on Schedule 8(f6(f) hereto, sell, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company, with or without recourse, except for the purpose of collection in the ordinary course of business; or sell any asset pursuant to an arrangement to thereafter lease such asset from the purchaser thereof;

Appears in 1 contract

Samples: Wave Sync Corp.

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