DISPOSITION OF. A MATERIAL PORTION OF ITS ASSETS. Sell, lease, transfer or otherwise dispose of any material portion of its assets, unless any such disposition is of property other than the Collateral and is in the ordinary course of business for a full and fair consideration, which in no event shall include a transfer for full or partial satisfaction of a preexisting debt.
Appears in 2 contracts
Sources: Loan Agreement (Balanced Care Corp), Loan Agreement (Balanced Care Corp)