MoneyGram 2009 Annual Report Download - page 424

(2) the issuance or sale of Equity Interests of any Company Subsidiary (other than preferred stock of Company Subsidiaries issued in compliance with
Section 4.09 hereof);
whether in a single transaction or a series of related transactions, in each case, other than:
(a) the disposition of (i) Cash and Cash Equivalents in the ordinary course of business, (ii) obsolete or worn out equipment or other tangible personal
property or (iii) inventory sales in the ordinary course of business;
(b) the disposition of portfolio securities for Highly Rated Investments or Cash and Cash Equivalents;
(c) the disposition of all or substantially all the assets of the Company in a manner permitted pursuant to the provisions described under Section 5.01
hereof or any disposition that constitutes a Change of Control pursuant to this Indenture;
(d) the making of any Restricted Payment or Permitted Investment that is permitted to be made, and is made, under Section 4.07 hereof;
(e) any disposition of property or assets or issuance of securities by a Guarantor to the Company or by the Company or a Guarantor to a Guarantor;
(f) any disposition of property or assets or issuance of securities by a Non- Guarantor to the Company or a Company Subsidiary;
(g) to the extent allowable under Section 1031 of the Code, any exchange of like property (excluding any boot thereon) for use in a Similar Business;
(h) the granting of Liens otherwise permitted by this Indenture;
(i) surrender or waiver of contract rights or the settlement, release or surrender of contract, tort or other claims;
(j) the lease, assignment or sub-lease of any real or personal property in the ordinary course of business;
(k) foreclosures on assets;
(1) the unwinding of any Hedging Obligations;
(m) sales of securities pursuant to Repurchase Agreements;
(n) any transfer to MoneyGram International Holdings Limited of the loan from MoneyGram to MoneyGram International Holdings Limited in the
amount of €92,500,000 pursuant to the Loan Agreement dated January 17, 2003 made to effectuate the forgiveness of such loan;
(o) sales of accounts receivable on a non-recourse basis in connection with the collection or compromise thereof; and
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