A carve-out is formulated as an exception and acts as a removal or carve-out of part of the restriction imposed by the Confederation. For example: (a) the conclusion of an agreement or series of related agreements during normal activity for a total amount of more than EUR 250,000; Similar baskets are found in pre-closed covenants in share purchase agreements, in which the buyer requires the seller to be required to obtain prior authorization for certain types of transactions. The example shows that an additional distinction between the type of underlying transaction is useful for finding a happy medium: the borrower cannot sell any of its assets, with the exception of devices that have reached their end-of-life status or a technical obsolescence status. Baskets. On the other hand, a basket is an allowance that creates the right to derogate from a certain amount of the Confederation`s restrictions. The purpose of a basket is to give the restricted party a limited opportunity to derogate from the restrictions of a federal government. The above exception could be converted into a basket as follows: except to the extent provided for in a budget of the acquired enterprises that has been disclosed fairly to the buyer or approved by the buyer, the seller may not authorize the acquired enterprises to do, until the conclusion without the prior written consent of the buyer (whose authorization is not inappropriately refused or delayed): . . . .