“Permitted Asset Disposition” means an Asset Disposition involving # the sale or lease of inventory in the ordinary course of business; # any sale, lease, assignment, disposition, or other transfer for value between or among Loan Parties or # liquidation of Cash Equivalent Investments into cash in the ordinary course of business.

Permitted Asset Disposition” meansDisposition: as long as no Default or Event of Default exists or is caused thereby, an Asset Disposition involvingthat is # a sale of Inventory in the saleOrdinary Course of Business; # a disposition of Equipment or Real Estate; # a disposition of Inventory that is obsolete, unmerchantable or otherwise unsalable in the Ordinary Course of Business; or # termination of a lease of inventory inreal or personal Property that is not necessary for the ordinary courseOrdinary Course of business; # any sale, lease, assignment, disposition, or other transfer for value between or among Loan Parties or # liquidation of Cash Equivalent Investments into cash in the ordinary course of business.Business, could not reasonably be expected to have a Material Adverse Effect and does not result from a Borrower’s default.