Other Disposition Provisions Sample Clauses

Other Disposition Provisions. No Disposition described in this Article XII shall reduce the Minimum Equity Requirement, provided that in the case of a Disposition of Securities of the Limited Partnership held by OSEG, the Minimum Equity Requirement shall thereafter be satisfied by OSEG and the transferee of the Disposed Securities pro rata to their respective holdings, if any, of Securities of the Limited Partnership.
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Other Disposition Provisions. (i) If the Purchasers do not agree to purchase all of Seller's Stock by the expiration of the periods set forth in Section 3.2(b), Seller shall have 45 days thereafter in which to effect the Disposition of its Stock to the Bona Fide Purchaser on terms not more favorable than were set forth in the Bona-Fide Purchaser's written offer.
Other Disposition Provisions. (i) If Purchasing Stockholders do not agree to purchase all of Seller's Stock by the expiration of the periods set forth in Section 2.2(b), then no Purchasing Stockholder shall have the right to purchase any of Seller's Stock which was the subject of such Transfer Notice and Seller shall have 45 days thereafter in which to effect the Disposition of its Stock to the Bona Fide Purchaser on terms not more favorable than were set forth in the Bona-Fide Purchaser's written offer.

Related to Other Disposition Provisions

  • Disposition of Property Dispose of any of its property, whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s Capital Stock to any Person, except:

  • Disposition of Proceeds The Security Documents contain an assignment by the Borrower and/or the Guarantors unto and in favor of the Collateral Agent for the benefit of the Lenders of all of the Borrower’s or each Guarantor’s interest in and to their as-extracted collateral in the form of production and all proceeds attributable thereto which may be produced from or allocated to the Mortgaged Property. The Security Documents further provide in general for the application of such proceeds to the satisfaction of the Obligations described therein and secured thereby. Notwithstanding the assignment contained in such Security Documents, until the occurrence of an Event of Default, (a) the Administrative Agent and the Lenders agree that they will neither notify the purchaser or purchasers of such production nor take any other action to cause such proceeds to be remitted to the Administrative Agent or the Lenders, but the Lenders will instead permit such proceeds to be paid to the Borrower and its Subsidiaries and (b) the Lenders hereby authorize the Administrative Agent to take such actions as may be necessary to cause such proceeds to be paid to the Borrower and/or such Subsidiaries.

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