Sale of Assets. The sale or transfer of all or substantially all of Borrower’s assets without the prior written consent of Lender.

Sale of Assets. Sell, assign, transfer, pledge or otherwise convey or dispose of, any of the Vessels or any other asset (including by way of spin-off, installment sale or otherwise) which is substantial in relation to its assets taken as a whole;

Sale of Assets. So long as the Borrower shall have any obligation under this Note, the Borrower shall not, without the Holder’s written consent, sell, lease or otherwise dispose of any significant portion of its assets which would render the Borrower a “shell company” as such term is defined in Rule 144. Any consent to the disposition of any assets may be conditioned on a specified use of the proceeds of disposition.

Sale of Assets. Sell, lease, transfer or otherwise dispose of, in any fiscal year, any of its oil and gas assets except for # sales of production from Borrower’s Oil and Gas Properties made in the ordinary course of Borrower’s oil and gas businesses, # sales made with the consent of Administrative Agent hereof; # sales, leases or transfers or other dispositions of Oil and Gas Properties made by Borrower during any fiscal year, in one or any series of transactions, the aggregate value of which does not exceed ten percent (10%) of the Borrowing Base between consecutive Determination Dates if, and only if, such sale, lease, transfer or other disposition does not result in the occurrence of a Default or Event of Default; and # sales, leases or transfers or other dispositions of Oil and Gas Properties made by Borrower during any fiscal year, in one or any series of transactions, the aggregate value of which exceeds ten percent (10%) of the Borrowing Base between consecutive Determination Dates; provided that: # at least seventy-five percent (75%) of the consideration received in respect of such disposition shall be cash, # Borrower shall provide written notice of the sale to Administrative Agent at least ten (10) days prior to closing to the extent any of the sale properties for which a partial release of the Collateral Documents is needed (and with copies of the sales agreements at least three (3) days prior to the closing), # the net sales proceeds received or other consideration received in respect of such sale or other disposition of any Oil and Gas Properties shall be equal to or greater than the fair market value of such Oil and Gas Properties; # the sale is consummated concurrently with an Unscheduled Redetermination of the Borrowing Base, # any resulting Borrowing Base deficiency after such Unscheduled Redetermination is promptly eliminated by a single lump sum payment; and # there is no existing Default or Event of Default, and such sale, lease, transfer or other disposition does not result in the occurrence of a Default or Event of Default.

Sale of Assets. The Company sells or disposes of all, or substantially all, of the Company’s assets.

Sale of Assets. The Company will not, and will not permit any of its Subsidiaries to, make any Transfer, provided that the foregoing restriction does not apply to a Transfer if:

Sale of Assets. Sell, lease, transfer or otherwise dispose of, in any fiscal year, any of its oil and gas assets except for # sales of production from Borrower’s Oil and Gas Properties made in the ordinary course of Borrower’s oil and gas businesses, # sales made with the consent of Administrative Agent hereof; and # sales, leases or transfers or other dispositions of Oil and Gas Properties made by Borrower during any fiscal year, in one or any series of transactions, the aggregate value of which does not exceed $7,000,000.00 between consecutive Determination Dates if, and only if, such sale, lease, transfer or other disposition does not result in the occurrence of a Default or Event of Default.

Sale of Assets. So long as the Borrower shall have any obligation under this Note, the Borrower shall not, without the Holder’s written consent, sell, lease or otherwise dispose of any significant portion of its assets outside the ordinary course of business. Any consent by the Holder to the disposition of any assets may be conditioned on a specified use of the proceeds of disposition.

Sale of Assets. Upon the sale or other disposition of any collateral securing the Secured Obligations by a Credit Party (permitted pursuant to [Section 5.12] hereof) to any Person (other than a Credit Party) other than in the ordinary course of business, and,

Sale of Assets. A sale, transfer, or other disposition of all or substantially all of the assets of the Holding Company which is consummated and immediately following which the persons who were the owners of the Holding Company immediately prior to such sale, transfer, or disposition, do not own, directly or indirectly and in substantially the same proportions as their ownership immediately prior to the sale, transfer, or disposition, more than fifty percent (50%) of the combined voting power entitled to vote generally in the election of directors of # the entity or entities to which such assets or ownership interest are sold or transferred or # an entity that, directly or indirectly, owns more than fifty percent (50%) of the combined voting power entitled to vote generally in the election of directors of the entities described in clause (i).