MoneyGram 2009 Annual Report Download - page 235

(xiii) surrender or waiver of contract rights or the settlement, release or surrender of contract, tort or other claims;
(xiv) the lease, assignment or sub-lease of any real or personal property in the ordinary course of business;
(xv) foreclosures on assets;
(xvi) sales of assets pursuant to any financing transaction otherwise permitted by this Agreement with respect to property built or acquired by the
Borrower or a Borrower Subsidiary after the Effective Date, including sale and leaseback transactions;
(xvii) the granting of Liens otherwise permitted by this Agreement;
(xviii) sales of accounts receivable in connection with the collection or compromise thereof;
(xix) the abandonment of intellectual property rights in the ordinary course of business, which in the reasonable good faith determination of the
Borrower, are not material to the conduct of the business of Holdco and its Subsidiaries taken as a whole;
(xx) sales of accounts or notes receivable, or participations therein, and related assets as part of a Receivables Transaction permitted hereunder which
does not give rise to Indebtedness;
(xxi) leases, sales or other dispositions of its Property that, together with all other Property of the Borrower and Borrower Subsidiaries previously
leased, sold or disposed of as permitted by this clause (xxi) during the twelve-month period ending with the month in which any such lease, sale or other
disposition occurs, do not constitute a Substantial Portion of the Property of the Borrower and the Borrower Subsidiaries;
(xxii) the abandonment of the Investments described on Schedule 6.13; and
(xxiii) the sale or other disposition of Specified Securities so long as the Net Proceeds thereof are applied in accordance with this Agreement.
For purposes of this Section 6.13, Property of a Borrower Subsidiary shall be deemed to include Capital Stock (other than preferred stock) of such
Borrower Subsidiary issued or sold to any Person other than (x) a Loan Party, (y) in the case of a Foreign Subsidiary, a Wholly-Owned Subsidiary of the
Borrower, or (z) any Capital Stock issued to an equity holder other than the Borrower or a Borrower Subsidiary to maintain its pro rata ownership.
Section 6.14 Investments and Acquisitions. The Borrower will not, nor will it permit any Borrower Subsidiary to, make any Acquisition of any Person or
make any Investment in any Person, except: 85