Termination of Business. Unless subject to the prior written consent of the Agent, the determination of the Loan Parties, whether by vote of the Loan Parties’ board of directors or otherwise to: suspend the operation of the Loan Parties’ business in the ordinary course, liquidate all or a material portion of the Loan Parties’ assets or Stores, or employ an agent or other third party to conduct any so-called store closing, store liquidation or “Going-Out-Of-Business” sales (other than in connection with a Permitted Asset Disposition).
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Samples: Term Loan and Security Agreement (Destination Xl Group, Inc.), Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)
Termination of Business. Unless subject to the prior written consent of the Agent, the determination of the Loan Parties, whether by vote of the Loan Parties’ ' board of directors or otherwise to: suspend the operation of the Loan Parties’ ' business in the ordinary course, liquidate all or a material portion of the Loan Parties’ ' assets or Stores, or employ an agent or other third party to conduct any so-so- called store closing, store liquidation or “"Going-Out-Of-Business” " sales (other than in connection with a Permitted Asset Disposition).
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