Excluded Asset Sale

Excluded Asset Sale. With respect to DW Animation and its Non-Excluded Subsidiaries, (a) any sale or other disposition of assets in the ordinary course of business (it being understood that the issuance or sale of any Capital Stock or Equity Interest of any Excluded Subsidiary shall be deemed not to be in the ordinary course of business (other than the issuance or sale of any such Capital Stock or Equity Interest in connection (and substantially simultaneously) with the consummation of any bona fide joint venture... transaction and the concurrent designation of any Subsidiary as an Excluded Subsidiary in compliance with the terms hereof)), (b) any sale or other disposition of rights in films, television series or specials or other media content (or participations therein), (c) any sale or other disposition of accounts receivable, (d) any Headquarters Sale/Leaseback, (e) the ATV Transaction and (f) any other sale or other disposition to DW Animation or any other Non-Excluded Subsidiary. View More