Transfer of Assets; Liquidation. (a) Sell, lease, transfer or otherwise dispose of all or any portion of its assets, real or personal, other than such transactions in the normal and ordinary course of business for value received; or
Transfer of Assets; Liquidation. 55 6.8. Acquisitions and Investments.................................. 55 6.9.
Transfer of Assets; Liquidation. (a) Sell, lease, transfer or otherwise dispose of all or any portion of its assets, real or personal, including any sale/leaseback or similar transaction, other than such transactions in the normal and ordinary course of business for value received provided, however, that in the absence of an Event of Default or Default hereunder, Borrower and its Subsidiaries may consummate the sale of the Xxxxxx Building, in Charlotte, North Carolina and the land and buildings thereon located in Canton, Massachusetts commonly known as 490 and 000 Xxxxxxxx Xxxxxx, and the subsequent lease thereof by the Borrower; or
Transfer of Assets; Liquidation. (a) Sell, lease, transfer or otherwise dispose of any assets; provided, however, Borrowers may (i) dispose of assets in the ordinary course of business provided that the disposition does not constitute a Sale of Material Assets, (ii) convert Permitted Investments into cash and cash into Permitted Investments, (iii) transfer assets to the Lessor pursuant to the Lease Financing Facility and (iv) transfer assets to and merge with or into another Borrower. Borrowers may request from time to time the right to consummate a sale or other disposition of assets and Lenders shall have the absolute discretion to withhold consent to any proposed disposition of assets.
Transfer of Assets; Liquidation. (a) Sell, lease, transfer or otherwise dispose of all or any portion of its assets, real or personal, other than such transactions in the normal and ordinary course of business for value received; provided, however, that the Borrower and any Subsidiary may sell, lease, transfer and otherwise dispose of assets outside the ordinary course of its business so long as (i) no Default or Event of Default exists immediately prior to or following any such action and (ii) the aggregate fair market value of such assets sold, leased, transferred or otherwise disposed of does not exceed in the aggregate $12,000,000; or
Transfer of Assets; Liquidation. (a) Sell, lease, transfer or otherwise dispose of all or any portion of its assets, real or personal, including any sale/leaseback or similar transaction, other than such transactions in the normal and ordinary course of business for value received provided, however, that in the absence of an Event of Default or Default hereunder, Borrower and its Subsidiaries may consummate the sale of the Xxxxxx Building, in Charlotte, North Carolina, and the subsequent lease thereof by the Companies as described in the Registration Statement; or
Transfer of Assets; Liquidation. (a) Sell, lease, transfer or otherwise dispose of all or any portion of its assets, real or personal, other than to another Borrower or such transactions in the normal and ordinary course of business for value received and other than the sale of assets no longer used or usable in the business of such Borrower or a Sale of Material Assets with respect to which Borrowers have complied with Paragraph 2.8(c) hereof, it being understood that Borrowers from time to time in the normal and ordinary course of business may sell or lease or otherwise dispose of ("Transfer") bulk quantities of inventory and Transfer their customer lists and license their intellectual property; or
Transfer of Assets; Liquidation. Sell, lease, transfer or otherwise ------------------------------- dispose of any part or amount of its assets, real or personal, or discontinue or liquidate any substantial part of its operations or business, other than (a) any such transaction in the normal and ordinary course of business for value received, and (b) a sale of one of the three Systems, provided that both, prior to, and after giving effect to such sale, no Event of Default, or event which with the notice or passage of time would become an Event an Default, exists. In connection with such sale, Borrower shall prepay that portion of principal necessary to remain in compliance with the covenants set forth in Sections 5.13 and 5.14 hereof. The Commitment shall be permanently reduced by the amount of any principal payment made pursuant to this Section 6.7(b).
Transfer of Assets; Liquidation. (a) Sell, lease, transfer, or otherwise dispose of all or any portion of its assets, real or personal, including pursuant to a sale and leaseback, lease and leaseback, or similar arrangement, EXCEPT (i) such transactions in the normal and ordinary course of business for value received; PROVIDED THAT, the aggregate value of assets transferred in all such transactions does not exceed $15,000,000 in any calendar year; (ii) sales, assignments, exchanges, leases, or other dispositions of property between and among the Companies (other than GRCGP); (iii) the transfer, sale, or disposition of non-wireless assets to Operations, so long as the transfer, sale, or disposition of assets for fair market value and for which at least 85% of the consideration is received in cash or cash equivalents; and (iv) the sale or transfer of the stock of Xxxxxx Wireline Company and its Subsidiaries to the extent required to consummate the Wireline Spinoff; and THIRD AMENDED AND 63 RESTATED CREDIT AGREEMENT
Transfer of Assets; Liquidation. (a) Sell, lease, transfer or otherwise dispose of all or any portion of its assets, real or personal, including pursuant to a sale and leaseback, lease and leaseback or similar arrangement, except (i) such transactions in the normal and ordinary course of business for value received, provided that the aggregate value of assets transferred in all such transactions does not exceed Seven Million Five Hundred Thousand Dollars ($7,500,000) in any calendar year; (ii) sale and leaseback transactions between Borrower and any Subsidiary of Borrower with respect to any real or personal property, so long as Borrower is the purchaser/lessor in each such transaction and the aggregate value of assets transferred in all such transactions does not exceed $1,000,000; and (iii) other sales or dispositions of assets if the consideration received by the Borrower or the applicable Guarantor or Subsidiary is at least equal to the fair market value of the assets sold or disposed of, at least eighty-five percent (85%) of the consideration received consists of cash or cash equivalents and the Borrower makes the payment required pursuant to Paragraph 2.9(b)(i)(A) hereof; and
