Common use of Limitation on Certain Asset Sales Clause in Contracts

Limitation on Certain Asset Sales. The Company is subject to certain conditions, obligated to make an offer to purchase Notes at 100% of their principal amount plus accrued and unpaid interest to the date of repurchase with certain net cash proceeds of certain sales or other dispositions of assets in accordance with the Indenture.

Appears in 1 contract

Samples: Indenture (MMH Holdings Inc)

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Limitation on Certain Asset Sales. The Company is subject to certain conditions, obligated to make an offer to purchase Notes Securities at 100% of their principal amount plus accrued and unpaid interest to the date of repurchase with certain net cash proceeds of certain sales or other dispositions of assets in accordance with the Indenture.

Appears in 1 contract

Samples: Indenture (Spanish Broadcasting System Inc)

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