Common use of Limitation on Disposition of Assets Clause in Contracts

Limitation on Disposition of Assets. Under certain circumstances, the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 5 contracts

Samples: Indenture (Amcast Radio Sales Inc), Indenture (Chancellor Media Mw Sign Corp), Indenture (Chancellor Media Mw Sign Corp)

AutoNDA by SimpleDocs

Limitation on Disposition of Assets. Under certain circumstances, the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 5 contracts

Samples: Indenture (Doe Run Resources Corp), Indenture (Doe Run Resources Corp), Indenture (Wci Steel Inc)

Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities Notes at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 3 contracts

Samples: Indenture (Gaylord Container Corp /De/), Indenture (Gaylord Container Corp /De/), Indenture (Gaylord Container Corp /De/)

Limitation on Disposition of Assets. Under certain circumstances, ----------------------------------- circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 1 contract

Samples: Indenture (Chancellor Radio Broadcasting Co)

Limitation on Disposition of Assets. Under certain circumstances, the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% %. of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 1 contract

Samples: Indenture (Ackerley Group Inc)

AutoNDA by SimpleDocs

Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100102% of the aggregate Accreted Value or principal amount amount, as the case may be, thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 1 contract

Samples: Indenture (Duane Reade Inc)

Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 1 contract

Samples: Indenture (Duane Reade Inc)

Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount Accreted Value thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 1 contract

Samples: Indenture (Capstar Broadcasting Partners Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!