Permitted Asset Dispositions definition

Permitted Asset Dispositions means the following Asset Dispositions, provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition:

Permitted Asset Dispositions means the following Asset Dispositions:

Permitted Asset Dispositions has the meaning set forth in Section 8.16 of the Base Indenture.

Examples of Permitted Asset Dispositions in a sentence

• No Borrower will, or will permit any Subsidiary to, directly or indirectly (a) consolidate or merge or amalgamate with or into any other Person, or (b) consummate any Asset Dispositions other than Permitted Asset Dispositions.

• The Borrower will not, and will not permit any of its Subsidiaries to consummate (or agree in writing to consummate during the time the Loan hereunder remains outstanding) any Asset Disposition except for Permitted Asset Dispositions, subject to compliance with Section 4.3(a); provided that no Permitted Asset Disposition shall be permitted unless 100% of the consideration consists of Cash and Cash Equivalents.

• Except for Permitted Asset Dispositions, Dispose of, in one transaction or a series of transactions, all or any part of its Property, whether now owned or hereafter acquired.

More Definitions of Permitted Asset Dispositions

Permitted Asset Dispositions means the following Asset Dispositions; provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition:

Permitted Asset Dispositions means Dispositions by an Obligor of:

Permitted Asset Dispositions means the following Asset Dispositions, provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition: (a) dispositions of Inventory in the Ordinary Course of Business and not pursuant to any bulk sale, (b) dispositions of furniture, fixtures and equipment in the Ordinary Course of Business that the applicable Borrower or Subsidiary determines in good faith is no longer used or useful in the business of such Borrower and its Subsidiaries, and (c) dispositions approved by Agent.

Permitted Asset Dispositions means the following Asset Dispositions: (a) dispositions of furniture, fixtures and equipment in the Ordinary Course of Business that the applicable Obligor or Subsidiary thereof determines in good faith is no longer used or useful in the business of such Obligor or Subsidiary; provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition, and (b) dispositions approved in writing by the Purchaser.

Permitted Asset Dispositions means the following Asset Dispositions, provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition: (a) dispositions of Inventory in the Ordinary Course of Business and not pursuant to any bulk sale, (b) dispositions of furniture, fixtures and equipment in the Ordinary Course of Business that the applicable Borrower or Subsidiary determines in good faith is no longer used or useful in the business of such Borrower and its Subsidiaries, and (c) the non-exclusive license of patent rights granted to third parties in the Ordinary Course of Business for fair value consideration that does not result in a legal transfer of title to the licensed property.

Permitted Asset Dispositions shall have the meaning attributed to such terms in Section 6.4(z) hereof.

Permitted Asset Dispositions means the proposed asset sales and intended use of proceeds from such asset sales as are described in Section 1 of the Disclosure Letter.