Asset Disposal definition

Asset Disposal means any sale, transfer, grant, lease or other disposal of an asset (which for the avoidance of doubt does not include returns to shareholders) by any member of the Controlled Group to a person outside the Controlled Group made after the Signing Date.
Asset Disposal shall have the meaning assigned to such term in Section 6.08(e).
Asset Disposal means for the purposes of PCP-17, the disposal of an Authority Asset on behalf of the Authority by the Contractor;

Examples of Asset Disposal in a sentence

  • The Government of Kenya's Anti-Corruption and Economic Crime laws and their sanction's policies and procedures, Public Procurement and Asset Disposal Act (no.

  • We undertake to adhere by the Code of Ethics for Persons Participating in Public Procurement and Asset Disposal, copy available from (specify website) during the procurement process and the execution of any resulting contract.

  • I do hereby commit to abide by the provisions of the Code of Ethics for persons participating in Public Procurement and Asset Disposal.

  • This obligation will only apply during the Asset Disposal Period.

  • If, at any time within the Asset Disposal Period, the Recipient sells, leases, encumbers, or otherwise disposes, directly or indirectly, of any Asset other than to Canada, the Province, or a municipal or regional government established by or under provincial statute, the Province may require the Recipient to reimburse the Province or Canada, via the Province, for any Funds received for the Project.


More Definitions of Asset Disposal

Asset Disposal means any asset disposal by the Borrower, except any asset disposal permitted by Clauses (a), (b), (c) and (d) of Section 9.4.7.
Asset Disposal means any disposal of any assets by any member of the Group after the date of this Agreement other than any disposal of assets permitted in accordance with paragraphs (b), (d) and (e) of sub-clause 20.2.5 of Clause 20.2 (NEGATIVE COVENANTS); "AVAILABILITY PERIOD" means the period commencing on the date of this Agreement and ending 14 days thereafter;
Asset Disposal means any sale, transfer, grant, lease or other disposal of an asset (including, but not limited to, a disposal of any interest in any Subsidiary or Affiliate) by any member of the Group to a person outside the Group made after the Signing Date. "Availability Period" means the period from the Signing Date up to and including the date which is one year less one day after the Signing Date.
Asset Disposal means a process where Council divests itself of an asset in a systematic and authorised manner as directed by this Policy.
Asset Disposal means any single disposal of any assets (including but not limited to a disposal of any Subsidiary or Affiliate, any disposal to facilitate or as part of a securitisation and any issue by the Borrower or a Principal Subsidiary of any debt instrument convertible into all or any part of the equity share capital owned by it in another member of the Group) by the Borrower or a Principal Subsidiary after the Signing Date other than a disposal of assets permitted under paragraphs (b)(i) to (b)(xi) of Clause 18.9 (Disposals).
Asset Disposal means any single disposal of any assets (including but not limited to a disposal of any Subsidiary or Affiliate, any disposal to facilitate or as part of a securitisation and any issue by
Asset Disposal shall have the meaning specified in Section 4.2(d)(i).