Restricted Disposition has the meaning specified in Section 2.05(b)(vi).
Restricted Disposition has the meaning specified in Section 2.05(b)(vii).
Restricted Disposition means any disposition of assets (exclusive of Like-Kind Exchanges of one industrial/warehouse property for another and dispositions of Non-industrial Properties) if such disposition is of assets that (i) when aggregated with all other assets of the Borrower, its Subsidiaries and Qualifying Investment Affiliates previously disposed of during the fiscal year (exclusive of Like-Kind Exchanges of one industrial/warehouse property for another and dispositions of Non-industrial Properties), comprise more than 10% of Market Capitalization for the most recent available quarter or (ii) when aggregated with all other assets of the Borrower, its Subsidiaries and Qualifying Investment Affiliates previously disposed of (exclusive of Like-Kind Exchanges of one industrial/warehouse property for another and dispositions of Non-industrial Properties) from the Closing Date to the date of such sale comprise 25% or more of Market Capitalization for the most recent available quarter.
Examples of Restricted Disposition in a sentence
Any Restricted Disposition Proceeds delivered to the Administrative Agent to be held in escrow by the Administrative Agent and will be deemed to be Escrowed Shares for purposes of this Agreement.
Without limiting the generality of the foregoing, each Grantor hereby agrees that the shares of capital stock of the surviving corporation in any merger or consolidation involving any of the Escrow Subsidiaries or any of the Escrowed Shares shall be deemed to constitute Disposition Proceeds Collateral (or, if applicable, Restricted Disposition Proceeds) if the surviving Escrow Subsidiary ceases to be either a direct or indirect wholly owned Subsidiary of the Company.
All Restricted Disposition Proceeds shall be held by the Administrative Agent as part of the Escrow.
All Restricted Disposition Proceeds shall be held by the Administrative Agent, in its capacity as escrow agent hereunder, as part of the Escrow.
In addition, each Grantor hereby agrees to deliver to the Administrative Agent, in escrow, any Restricted Disposition Proceeds (as defined below) as and when received by the Grantor in respect of such Escrowed Shares.
More Definitions of Restricted Disposition
Restricted Disposition means any sale, lease, transfer or Disposition of, or grant of options, warrants or other rights with respect to, assets by a Credit Party (including accounts receivable and Capital Stock of its Subsidiaries) that is not expressly permitted pursuant to Section 7.05.
Restricted Disposition has the meaning specified in Section 2.05(b)(vi). “Restricted Investment” means any Investment other than a Permitted Investment. “Restricted Payment” has the meaning specified in Section 7.06(a). “Restricted Subsidiary” means any Subsidiary of Holdings other than an Unrestricted Subsidiary. “Retained Declined Proceeds” has the meaning specified in Section 2.05(b)(v). “Revolving Credit Borrowing” means a borrowing consisting of Revolving Credit Loans of the same Class, Type and currency, made, converted or continued on the same date and, in the case of Eurocurrency RateTerm Benchmark Loans, as to which a single Interest Period is in effect. “Revolving Credit Commitment” means with respect to each Lender, the commitment, if any, of such Lender to make Revolving Credit Loans and to acquire participations in Letters of Credit, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Revolving Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) increased from time to time pursuant to Section 2.14. The initial amount of each Lender’s Revolving Credit Commitment on the Amendment No. 15 Effective Date is set forth in the fourth column on Schedule 2.01(B) of this AgreementA to Amendment No. 5, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Revolving Credit Commitment, as the case may be. The initial aggregate amount of the Lenders’ Revolving Credit Commitments on the Amendment No. 15 Effective Date is $100150 million. “Revolving Credit Commitment Increase” has the meaning specified in Section 2.14(a) 86 #95598837v24
Restricted Disposition means any disposition of assets (exclusive of Like-Kind Exchanges of one industrial/warehouse property for another and dispositions of Non-industrial Properties and Presold Assets Under Development) if such disposition is of assets that (i) when aggregated with all other assets of the Borrower, its Subsidiaries, Qualifying Investment Affiliates and Special Qualifying Investment Affiliates previously disposed of during the fiscal year (exclusive of Like-Kind Exchanges of one industrial/warehouse property for another and dispositions of Non-industrial Properties and Presold Assets Under Development), comprise more than 10% of Market Capitalization for the most recent available quarter or (ii) when aggregated with all other assets of the Borrower, its Subsidiaries, Qualifying Investment Affiliates and Special Qualifying Investment Affiliates previously disposed of (exclusive of Like-Kind Exchanges of one industrial/warehouse property for another and dispositions of Non-industrial Properties and Presold Assets Under Development) from the date hereof to the date of such sale comprise 25% or more of Market Capitalization for the most recent available quarter. For purposes of aggregating the assets disposed, the Market Capitalization attributable to assets disposed during a period shall be reduced by the Market Capitalization attributable to assets acquired during the same period.
Restricted Disposition means any sale, transfer, lease, contribution or conveyance by a Borrower or any Subsidiary of its assets that is not a Permitted Disposition.
Restricted Disposition has the meaning set forth in Section 6.
Restricted Disposition means (a) any Disposition or series of related Dispositions by one or more holders of Common Stock of amounts of Common Stock that in the aggregate constitute more than 50% of the issued and outstanding shares of Common Stock, provided that, in calculating such aggregate amount, Dispositions by the Advent Entities, Clifford Friedland and his Family Donees (the "Friedland Group") and David Glassman and his Family Donees (the "Glassman Group") shall not be considered, (b) any Disposition of any Common Stock by any member of the Friedland Group or by any member of the Glassman Group which results or would result in each of the Friedland Group and the Glassman Group beneficially owning less than 50% of the amount (adjusted as appropriate to reflect stock splits, stock dividends, combinations, reorganizations and reclassifications) of Common Stock beneficially owned by each such Group as of the Issue Date, or (c) any Disposition or series of related Dispositions by one or more holders of Common Stock of amounts of Common Stock that in the aggregate constitute more than 50% of the issued and outstanding shares of Common Stock, and which results in either the Friedland Group or the Glassman Group beneficially owning less than 50% of the amount (adjusted as appropriate to reflect stock splits, stock dividends, combinations, reorganizations and reclassifications) of Common Stock owned by the Friedland Group or the Glassman Group, as the case may be, as of the Issue Date.
Restricted Disposition shall have the meaning assigned to such term in Section 4.3.