Group Sale definition

Group Sale means a sale or other transfer of the Purchase Space as a direct or indirect interest in the entity that is Landlord together with one or more other commercial office properties or buildings owned by Landlord and/or any Landlord Affiliate to a single purchaser.
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Group Sale means the consummation by the Company (whether directly involving the Company or indirectly involving the Company through one or more intermediaries), in any single transaction or series of related transactions, of a sale or other disposition of assets of the Company which, as of the date of such sale or other disposition, produce or otherwise result in seventy percent (70%) or more of the aggregate revenue of the Laser Products Group to any “person” or related “group” of “persons” (as such terms are used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)). Whether or not a single transaction or a series of related transactions constitutes a “Group Sale” will be determined by the Board in its sole discretion.
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Group Sale means the Group II/III Sale, the Group IV Sale and the Group V Sale, as the context requires.
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Examples of Group Sale in a sentence

  • Management is confident that the Group will be able to settle all its obligations on a timely basis and the liquidity would be managed through following:- Using the existing cash and bank balances available with the Group;- Sale of investments in equity instruments designated at FVOCI and investments designated at FVPL; and- Sale of investment properties under construction and lands.

  • Degussa Dental Group Sale and Purchase Agreement, dated May 28/29, 2001 between Degussa AG (Seller) and Dentsply Hanau GmbH & Co. KG, Dentsply Research & Development Corporation and Dentsply EU S.a.r.l. (Purchasers and subsidiaries of the Company).

  • Details of the Crystal Group Sale and Purchase of knitted Fabric New Master Agreement were set out in the Company’s announcement dated 29 March 2018.

  • Small Business saleswill NOT count as a Group Sale in the New Group Sales Incentive.

  • Any entity not included in the Group Sale shall automatically cease to be a Licensee or Sublicensee hereunder from and after such sale or transfer, without, however, relieving or otherwise affecting any of its obligations with respect to actions or events arising prior to such sale or transfer.

  • Inc., “Cox Enterprises Announces Close of Cox Media Group Sale to Affiliates of Apollo Global Management,” press release, December 17, 2019, at https://www.prnewswire.com/news-releases/cox-enterprises- announces-close-of-cox-media-group-sale-to-affiliates-of-apollo-global-management-300976507.html; TEGNA Inc.

  • During the financial period, the following interested person transactions were entered into by the Group: Sale of goods and services Contech Precast Pte Ltd Econ Precast Pte LtdKoon Construction & Transport Co Pte LtdSindo-Econ Pte Ltd PT.

  • The Directors (including the independent non-executive Directors) are of the view that the Shareholders’ Agreement and the Sea-Land Group Sale Agreement are on normal commercial terms to the Company and their terms are fair and reasonable to and in the interests of the Shareholders as a whole.

  • At the Group II/III and Group V Closing, a certificate, dated as of such Closing Date, executed on behalf of Seller by the President of Seller (but without personal liability to such officer), certifying to the fulfillment of the conditions set forth in Sections 7.1(a) and 7.1(b) with respect to such Group Sale.

  • To accrue estimated income taxes due in connection with the estimated gain from the Telecommunications Group Sale.


More Definitions of Group Sale

Group Sale means a sale or other transfer of the entire Project as part of a single transaction also involving one or more other commercial office properties or buildings owned by Landlord and/or any Landlord Affiliate, which is located outside of the Project, to a single purchaser.
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Related to Group Sale

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Asset Transfer means a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • Company Sale a sale, conveyance or other disposition of the Company, whether by merger, consolidation, sale of all or substantially all of the Company’s assets or sale of capital stock, including any issuance or transfer of Capital Stock of the Company to any Person.

  • Drag-Along Transaction has the meaning set forth in Section 4(d)(i) of the Stockholder Agreement.

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Subsequent Sale means the sale of additional Securitization Property by the Seller to the Issuer after the Initial Transfer Date, subject to the satisfaction of the conditions specified in the Sale Agreement and the Indenture.

  • Co-Sale Notice has the meaning set forth in Section 4.3.

  • Proposed Sale shall have the meaning set forth in Section 4.2(a).

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Sale Notice has the meaning set forth in Section 9.18(b).

  • Document Transfer Event As defined in the Pooling and Servicing Agreement.

  • Approved Sale has the meaning set forth in 2.1(d).

  • Principal Transaction means any transaction between the Sponsor, the Manager or any of their respective Affiliates, on the one hand, and the Company or one of its Subsidiaries, on the other hand.

  • Securitization Transfer The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • Relevant Transfer Date means, in relation to a Relevant Transfer, the date upon which the Relevant Transfer takes place;

  • Drag-Along Sale has the meaning set forth in Section 3.03(a).

  • Third Party Sale means any sale for resale in interstate commerce to a Power Purchaser that is not designated as part of Network Load under the Network Integration Transmission Service but not including a sale of energy through the PJM Interchange Energy Market established under the PJM Operating Agreement.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Proposed Acquisition Transaction means a transaction or series of transactions (or any agreement, understanding or arrangement within the meaning of Section 355(e) of the Code and Treasury Regulations Section 1.355-7, or any other regulations promulgated thereunder, to enter into a transaction or series of transactions), whether such transaction is supported by SpinCo management or shareholders, is a hostile acquisition, or otherwise, as a result of which SpinCo (or any successor thereto) would merge or consolidate with any other Person or as a result of which one or more Persons would (directly or indirectly) acquire, or have the right to acquire, from SpinCo (or any successor thereto) and/or one or more holders of SpinCo Capital Stock, respectively, any amount of stock of SpinCo, that would, when combined with any other direct or indirect changes in ownership of the stock of SpinCo pertinent for purposes of Section 355(e) of the Code and the Treasury Regulations promulgated thereunder, comprise forty percent (40%) or more of (i) the value of all outstanding shares of SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series, or (ii) the total combined voting power of all outstanding shares of voting stock of SpinCo as of the date of such transaction, or in the case of a series of transactions, the date of the last transaction of such series. Notwithstanding the foregoing, a Proposed Acquisition Transaction shall not include (i) the adoption by SpinCo of a customary shareholder rights plan or (ii) issuances by SpinCo that satisfy Safe Harbor VIII (relating to acquisitions in connection with a person’s performance of services) or Safe Harbor IX (relating to acquisitions by a retirement plan of an employer) of Treasury Regulations Section 1.355-7(d). For purposes of determining whether a transaction constitutes an indirect acquisition, any recapitalization resulting in a shift of voting power or any redemption of shares of stock shall be treated as an indirect acquisition of shares of stock by the non-exchanging shareholders. This definition and the application thereof are intended to monitor compliance with Section 355(e) of the Code and the Treasury Regulations promulgated thereunder and shall be interpreted and applied accordingly. Any clarification of, or change in, the statute or regulations promulgated under Section 355(e) of the Code shall be incorporated in this definition and its interpretation.