Approved Sale has the meaning set forth in 2.1(d).
Approved Sale is a sale of the Artwork that is approved in writing in advance by a Special Committee, provided that such approval contains an affirmative representation by such Special Committee that such approval (i) is given freely without influence or direction by or from the Company, the Administrator or any of their respective affiliates (ii) that the members of the Special Committee have no direct or indirect financial interest in such sale transaction (other than an indirect financial interest due solely to ownership of securities in an affiliate of the Administrator representing less than 1% of the outstanding equity securities in such affiliate) and (iii) confirms that the Special Committee has determined that such sale is in the best interests of the shareholders unaffiliated with the Administrator.
Approved Sale has the meaning set forth in Section 9.2(a).
Examples of Approved Sale in a sentence
Borrower covenants and agrees that all Receivables (a) allocated to the SUBI or (b) selected to be sold (x) to the applicable Transferor pursuant to the terms and provisions of the applicable Purchase Agreement (other than in connection with a Warranty Asset Sale), or (y) in conjunction with any Approved Sale, as applicable, at all times, be selected with no intention to select Receivables that would be materially more adverse to Agent or Lenders than those similar Receivables.
More Definitions of Approved Sale
Approved Sale has the meaning set forth in Section 2.5(c).
Approved Sale means a transaction or a series of related transactions ------------- which results in a change of economic beneficial ownership of Holdings or its business of greater than 50% (disregarding for this purpose any disparate voting rights attributable to the outstanding stock of Holdings), whether pursuant to the sale of the stock of Holdings, the sale of all or substantially all of the assets of Holdings, or a merger or consolidation; provided that a sale of stock by an Initial Stockholder to (i) another Initial Stockholder or Affiliate thereof, or (ii) a non-U.S. entity with respect to which an Initial Stockholder or Affiliate thereof has an administrative relationship shall be disregarded when determining if an Approved Sale has occurred.
Approved Sale has the meaning given to such term in Section 3(a) hereof.
Approved Sale means a transaction or a series of related sale transactions that result in a bona fide unaffiliated change of economic ---- ---- beneficial ownership of the Company (disregarding for this purpose any disparate voting rights attributable to the outstanding stock of the Company) whether pursuant to the sale of the stock of the Company, the sale of the assets of the Company, or a merger or consolidation involving the Company. However, an Approved Sale shall not include (i) an issuance by the Company of its own Stock, or (ii) a gift of the stock of the Company.
Approved Sale shall have the meaning set forth in Section 4(b).
Approved Sale shall have the meaning provided in Section 6(a).
Approved Sale means a transaction or a series of related ------------- transactions other than a Panthers Merger: (i) including, but not limited to, by way of merger or consolidation, which results in any "person" or "group" (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act or any successor provisions to either of the foregoing), other than (A) any one or more of the Initial Stockholders or Affiliates thereof or (B) a non-U.S. entity with respect to which an Initial Stockholder or Affiliate thereof has an administrative relationship, becoming the "beneficial owner" (as defined in Rule 13d- 3 under the Exchange Act), directly or indirectly, of a majority of the total voting power of the capital stock of Holdings or otherwise able to elect a majority of the board of directors of Holdings (for purposes of this definition, such person or group shall be deemed to beneficially own capital stock of Holdings that is held by any other corporation so long as such person or group beneficially owns, directly or indirectly, in the aggregate a majority of the total capital stock of such other corporation); or (ii) which results in the sale, transfer, assignment, lease, conveyance or other disposition, directly or indirectly, of all or substantially all the assets of Holdings and its subsidiaries, considered as a whole (other than to an Affiliate thereof).