Common use of SALE OR DISPOSITION OF PROPERTY Clause in Contracts

SALE OR DISPOSITION OF PROPERTY. Sell, dispose of, lease, ------------------------------- assign, sublet, transfer, mortgage or encumber (whether voluntarily or by operation of law) all or any part of its right, title or interest in or to the Property, the Facility, the Collateral, the Enterprise or, in the case of Nation, Borrower except (i) encumbrances to secure purchase money financing permitted under Section 7.1 which attach solely to the asset being financed thereby; and (ii) dispositions of equipment in connection with replacements with equipment of equal or greater value;