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Common use of Restriction on Disposition Clause in Contracts

Restriction on Disposition. No Obligor will sell, assign, convey, exchange, lease, release or abandon, or otherwise dispose of, any Collateral except as expressly permitted in the Credit Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)

Related Clauses

  • Restrictions on Disposition
  • Limitation on Disposition of Property
  • Restrictions on Dispositions
  • Limitation on Disposition of Assets
  • Limitations on Disposition

Parent Clauses

  • Miscellaneous
  • Section 409A
  • No Liability With Respect to Tax Qualification or Adverse Tax Treatment
  • Representations, Warranties and Covenants
  • General Representations, Warranties and Covenants

Sub-Clauses

  • Disposition Prohibited
  • Notice of Involuntary Disposition
  • Definition of "Dispose
  • Role of Offeror or Transferor
  • Closing
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