Disposal of assets Primjeri odredbi

Disposal of assets. The Borrower undertakes not to dispose of the whole or any substantial part of its business, undertaking or assets where such disposal would have a material adverse effect on its ability to meet its obligations under this Contract without prior written consent of the Bank, such consent not to be unreasonably witheld. For the purpose of this Article 6.07, ‘‘dispose" includes any act effecting sale, transfer, lease or assignment.
Disposal of assets. The Borrower shall not, and shall procure that no other member of the Group shall, without the prior written consent of the Bank, either in a single transaction or in a series of transactions whether related or not and whether voluntarily or involuntarily sell, transfer, lease or otherwise dispose of (A) any of its business, undertaking or assets, that are required for the efficient carrying on of its operations or the disposal of which may prejudice its ability to perform any of its obligations under this Contract, and, in any case, (B) any asset forming part of the Project pursuant to Article 6.05(b).