Common use of Transfer Assets Clause in Contracts

Transfer Assets. Not sell, contract for sale, transfer, convey, assign, lease or sublet any assets of the Borrower except in the ordinary course of business as presently conducted by the Borrower, and then, only for full, fair and reasonable consideration.

Appears in 5 contracts

Samples: Line of Credit Agreement (Applied Signal Technology Inc), Commercial Credit Agreement (Applied Signal Technology Inc), Commercial Credit Agreement (Align Rite International Inc)

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Transfer Assets. Not sell, contract for sale, transfer, convey, assign, lease or sublet any of its assets of including, but not limited to, the Borrower Collateral, except in the ordinary course of business as presently conducted by the Borrower, Borrower and then, only for full, fair and reasonable consideration.

Appears in 1 contract

Samples: Equipment Purchase Line of Credit Agreement (Ise Labs Inc)

Transfer Assets. Not sell, contract for sale, transfer, convey, assign, lease or sublet any assets of the Borrower except in the ordinary course of business as presently conducted by the Borrower, and then, only for full, fair and reasonable consideration. 5.

Appears in 1 contract

Samples: Commercial Credit Agreement (Applied Signal Technology Inc)

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Transfer Assets. Not sell, contract for sale, transfer, convey, assign, lease or sublet any assets of the Borrower Borrower, including, but not limited to, the Collateral except in the ordinary course of business as presently conducted by the Borrower, and then, only for full, fair and reasonable consideration.

Appears in 1 contract

Samples: Term Loan Agreement (Atg Inc)

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