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Dispositions and Involuntary Dispositions
Dispositions and Involuntary Dispositions contract clause examples

Permitted Transfers” means # Dispositions of inventory in the ordinary course of business; # Dispositions of property to the or any Restricted Subsidiary; provided, that if the transferor of such property is a [[Loan Parties:Organization]] then the transferee thereof must be a [[Loan Parties:Organization]]; # Dispositions of accounts receivable in connection with the collection or compromise thereof; # licenses, sublicenses, leases or subleases granted to others not interfering in any material respect with the business of the and its Restricted Subsidiaries; # the sale or disposition of Cash Equivalents for fair market value, # Involuntary Dispositions of property or assets to the extent Net Cash Proceeds therefrom are reinvested or used to make mandatory prepayments pursuant to [Section 2.05(b)]); and # Dispositions of machinery, parts and equipment no longer used or useful in the conduct of the business of the Loan Parties or any of their Subsidiaries.

Permitted Transfers” means # Dispositions of inventory in the ordinary course of business; # Dispositions of property to the or any Subsidiary; provided, that if the transferor of such property is a [[Loan Party:Organization]] then the transferee thereof must be a [[Loan Party:Organization]]; # Dispositions of accounts receivable in connection with the collection or compromise thereof; # licenses, sublicenses, leases or subleases granted to others not interfering in any material respect with the business of the and its Subsidiaries; and # the sale or disposition of Cash Equivalents for fair market value.

Permitted Transfers” means # Dispositions of inventory in the ordinary course of business; # Dispositions of property to the Borrower or any Subsidiary; provided, that if the transferor of such property is a Loan Party then the transferee thereof must be a Loan Party; # Dispositions of accounts receivable in connection with the collection or compromise thereof; # licenses, sublicenses, leases or subleases granted to others not interfering in any material respect with the business of the Borrower and its Subsidiaries; and # the sale or disposition of Cash Equivalents for fair market value.

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