In the sentences extracted from financial agreements in U.S. SEC filings, identify the named entities that represent a person ('PER'), an organization ('ORG'), or a location ('LOC'). The required answer format is: 'entity name, entity type'.
Text: Convey , sell , lease , transfer or otherwise dispose of ( collectively , " Transfer "), or permit any of its Subsidiaries to Transfer , all or any part of its business or property , except for Transfers ( a ) of Inventory in the ordinary course of business ; ( b ) of worn - out , or obsolete Equipment ; ( c ) in connection with Permitted Liens and Permitted Investments ; ( d ) of non - exclusive licenses for the use of the property of Borrower or its Subsidiaries in the ordinary course of business ; and ( e ) other Transfers having an aggregate book value not in excess of Fifty Thousand Dollars ($ 50 , 000 ) in the aggregate in any fiscal year .
Answer:
Borrower, PER