Common use of Trade Sale Clause in Contracts

Trade Sale. Except as provided in the Securityholder Agreement, if the Company (i) should (a) assign, transfer or sell its interest in the Subsidiary to a Person unaffiliated with the Company, or (b) assign, transfer or sell substantially of its Assets, or (ii) should the Subsidiary sell, assign or transfer, all or substantially all of its Assets, the Company shall be obligated to prepay this Series B2 Debenture pari passu with the other Secured Series B2 Debentures including accrued and unpaid Interest and Contingent Interest, but after the Series A Debentures and the Series B1 Debentures have been fully repaid, including any Contingent Interest pursuant to the Series B1 Debenture, and prior to any payment to the Series C Debentures, to the extent of the consideration received by the Company or the Subsidiary in such a transaction.

Trade Sale. Except as provided in the Securityholder Agreement, if the Company (i) should (a) assign, transfer or sell its interest in the Subsidiary to a Person unaffiliated with the Company, or (b) assign, transfer or sell substantially of its Assets, or (ii) should the Subsidiary sell, assign or transfer, all or substantially all of its Assets, the Company shall be obligated to prepay this Series B2 B1 Debenture pari passu with the other Secured Series B2 B1 Debentures including accrued and unpaid Interest and Contingent Interest, but after the Series A Debentures and the Series B1 Debentures have been fully repaid, including any Contingent Interest pursuant to the Series B1 Debenture, repaid and prior to any payment to the Series B2 Debentures and the Series C Debentures, to the extent of the consideration received by the Company or the Subsidiary in such a transaction.

Trade Sale. Except as provided in the Securityholder Agreement, if the Company (i) should (a) assign, transfer or sell its interest in the Subsidiary to a Person unaffiliated with the Company, or (b) assign, transfer or sell substantially all of its Assets, or (ii) should the Subsidiary sell, assign or transfer, all or substantially all of its Assets, the Company shall be obligated to prepay this Series B2 C Debenture pari passu with the other Secured Series B2 C Debentures including accrued and unpaid Interest and Contingent Interest, but after the Series A Debentures and Debentures, the Series B1 B Debentures have been fully repaid, including any Contingent Interest pursuant to the Series B1 Debenture, and prior to any payment to the Series C B Debentures, to the extent of the consideration received by the Company or the Subsidiary in such a transaction.