Sell assets definition

Sell assets means the transfer to another person of any of the interest in an asset or assets.

Examples of Sell assets in a sentence

  • Sell assets in excess of an aggregate of $1.0 million in any calendar year.

  • Sell assets other than as permitted by the ▇▇▇▇▇▇ Loan Agreement.

  • Sell assets with a book value of more than 5% of the consolidated Tangible Net Worth of the Borrower, guarantors and Foreign Subsidiaries, subject to the financial covenants contained herein.