Permitted Asset Sales. 1. Sales of accounts receivable in connection with asset securitizations, including securitizations of environmental retrofits. Schedule 8.6: Existing Liens (Liens of Borrower or Principal Subsidiaries)
Permitted Asset Sales. Up to 50% of (x) the real estate owned, as of the date of the Recapitalization Support Agreement, by La Maltería S.A. and/or (y) the equity interests of La Maltería S.A.; provided that the amount received by the Company in respect of any such sale is no less than US$12 million. SCHEDULE 2 PERMITTED INDEBTEDNESS
Permitted Asset Sales. The asset owned by the Company comprised of the plots of land located within the following limits: Avenida Xxxx Xxxxxxx Carballo, Echeverría, French and the Paraná river; in the city of Xxxxxxx, Province of Santa Fe, Argentina. SCHEDULE 2 PERMITTED INDEBTEDNESS
Permitted Asset Sales. At any time after the aggregate --------------------- Unreinvested Net Proceeds from all assets sales during the term of this Agreement exceeds $5,000,000, on the Business Day following the date of receipt by either Borrower or any Restricted Subsidiary of the Net Proceeds of any asset sale, the Loans shall be repaid in an amount equal to, in the aggregate, any Facility A Net Proceeds; provided, however, that either -------- ------- Borrower may notify the Administrative Agent in writing that it intends to use any or all of such Facility A Net Proceeds to acquire fixed or capital assets permitted by Section 7.6 hereof or for the construction of new towers within twelve (12) months of the date of receipt of such Facility A Net Proceeds, in which case, the reduction in the Loans which is otherwise required under this Section 2.7(b)(iii) up to the amount of the Facility A Net Proceeds intended to be used need not be made, but if all or part of such Facility A Net Proceeds are not used or irrevocably committed to be used within such twelve (12) month period, the Loans shall be permanently reduced by an amount equal to the portion of such Facility A Net Proceeds not so used or committed to be used on the earlier of (i) the first day following the end of such twelve (12) month period and (ii) the date on which the Borrowers have reasonably determined that such portion of the Facility A Net Proceeds shall not be so used or committed to be used. The amount of the Facility A Net Proceeds required to be repaid under this Section 2.7(b)(iii) shall be applied to the Loans on a pro rata basis between the Term Loans and the Revolving Loans then outstanding. Accrued interest on the principal amount of the Loans being prepaid pursuant to this Section 2.7(b)(iii) to the date of such prepayment will be paid by the Borrowers concurrently with such principal prepayment.
Permitted Asset Sales. Concurrently with the receipt by any Consolidated Company of the Net Disposition Proceeds of any Permitted Asset Sale, the Borrower shall make a mandatory prepayment of the Loans in an amount equal to 100% of such Net Disposition Proceeds, to be applied as set forth in Sections 3.14 and 3.06(c); provided that no prepayment of Loans shall be required under this clause (ii) if (1) the Net Disposition Proceeds are (x) less than $30,000,000 for any Permitted Asset Sale, and the aggregate amount of Net Disposition Proceeds for all Permitted Asset Sales after the Effective Date is less than $40,000,000 and (y) paid to purchase tangible assets (other than inventory (except such inventory which is purchased as part of a Permitted Acquisition)) which are subject to a first priority Lien in favor of the Collateral Agent or (2) the Net Disposition Proceeds are paid as the purchase price to consummate a Permitted Acquisition within one hundred twenty (120) days of the applicable Permitted Asset Sale.
Permitted Asset Sales. If the Borrower or any Subsidiary shall, to the extent permitted hereunder, consummate any Permitted Asset Sale, the Commitment shall be reduced by an amount equal to one hundred percent (100%) of the Net Proceeds received by the Borrower or such Subsidiary, as the case may be, from such Permitted Asset Sale on the date of receipt of the proceeds thereof by the Borrower or such Subsidiary.
Permitted Asset Sales. [***][Certain asset sales redacted] Schedule 6.11
Permitted Asset Sales provided that all sales, transfers, leases and other dispositions permitted hereby (other than those permitted by paragraphs (b) and (f) above) shall be made for fair value and for at least (i) 75% cash consideration at all times Liquidity is less than $100,000,000 or (ii) 50% cash consideration at all times Liquidity is at least $100,000,000, in each case, at the time of, and after giving effect to, such sale, transfer, lease or disposition.
Permitted Asset Sales. On the Business Day following the date of receipt by the Borrower or any of its Subsidiaries of any Net Proceeds (Asset Sales) (other than in connection with a disposition of assets permitted under Section 7.4(a) hereof), the Loans shall be repaid in an amount equal to, in the aggregate, all such Net Proceeds (Asset Sales). The amount of the Net Proceeds (Asset Sales) required to be repaid under this Section 2.7(b)(iii) shall be applied to the Loans on a pro rata basis among the Term Loan A, the Term Loan B and the Revolving Loans then outstanding. Accrued interest on the principal amount of the Loans being prepaid pursuant to this Section 2.7(b)(iii) to the date of such prepayment will be paid by the Borrower concurrently with such principal prepayment.
Permitted Asset Sales. 1. Sale by Borrower or any of its Subsidiaries (as applicable) of any or all of its interest in Coupons, Inc. SCHEDULE 6.08(h) EXISTING INVESTMENTS
