Asset Disposition Offer definition

Asset Disposition Offer has the meaning set forth in Section 4.16.
Asset Disposition Offer in respect thereof, then in either such case the Borrower shall immediately pay or cause to be paid to the Administrative Agent an amount equal to such “Excess Proceeds” to be applied to the payment of the Loans and L/C Borrowings and to Cash Collateralize the remaining L/C Obligations in the manner set forth in Section 2.05(b) in such amounts as shall excuse the Borrower from making any such “Asset Disposition Offer.”
Asset Disposition Offer has the meaning specified in Section 3.3 hereof.

Examples of Asset Disposition Offer in a sentence

  • The Company will publicly announce the results of the Collateral Asset Disposition Offer or Asset Disposition Offer, as applicable, on the Purchase Date.

  • Upon the commencement of a Collateral Asset Disposition Offer or Asset Disposition Offer, as applicable, the Company will send, by first class mail or electronically, a notice to the Trustee and each Holder of the Notes at such Holder’s registered address or otherwise in accordance with the applicable procedures of DTC, with a copy to the Trustee.

  • If the Purchase Date is on or after a record date and on or before the related Interest Payment Date, any accrued and unpaid interest will be paid to the Person in whose name a Note is registered at the close of business on such record date, and no additional interest will be payable to Holders who tender Notes pursuant to the Collateral Asset Disposition Offer or Asset Disposition Offer, as applicable.

  • The Company may satisfy the foregoing obligation with respect to the Applicable Proceeds by making a Collateral Asset Disposition Offer prior to the expiration of the Proceeds Application Period (the “Collateral Advance Offer”) with respect to all or a part of the Applicable Proceeds (the “Collateral Advance Portion”) in advance of being required to do so by this Indenture.

  • The notice will contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Collateral Asset Disposition Offer or Asset Disposition Offer, as applicable.


More Definitions of Asset Disposition Offer

Asset Disposition Offer has the meaning assigned to such term in Section 9.06.
Asset Disposition Offer has the meaning assigned to such term in Section 2.07(b)(ii).
Asset Disposition Offer has the meaning specified in Section 5(b)(iii) hereof.
Asset Disposition Offer. Attributable Debt" "Commodity Agreement" "Consolidated EBITDA" "Consolidated Fixed Charges" "Consolidated Net Income" "Consolidated Net Tangible Assets" "Consolidated Net Worth" "Consolidated Subsidiary" "Currency Agreement" "Disqualified Stock" "Efficiency Program" "Indebtedness" "Interest Protection Agreement" "Investments" "Lien" "Net Cash Proceeds" "Net Income" "Offer Amounts" "Offer Period" "Permitted Indebtedness" "Permitted Joint Venture" "Permitted Liens" "Permitted Payments" "Permitted Working Capital Indebtedness" "Prohibited Investment" "Property" "Purchase Date" "Refinancing Indebtedness" "Restricted Payment"
Asset Disposition Offer. (as defined in any Indenture Documentation, or any similar concept in any Indenture Documentation) in connection with such “Asset Disposition,” and the Borrower shall have failed to so commit or to so apply an amount equal to such “Excess Proceeds” at least 60 days before the applicable Commitment Date or Application Date, as the case may be, or (ii) if the Borrower at any other time shall have failed to apply or commit or cause to be applied an amount equal to any such “Excess Proceeds,” and, within 60 days thereafter assuming no further application or commitment of an amount equal to such “Excess Proceeds” the Borrower would otherwise be required to make an “Asset Disposition Offer” in respect thereof, then in either such case the Borrower shall immediately pay or cause to be paid to the Administrative Agent an amount equal to such “Excess Proceeds” to be applied to the payment of the Loans and L/C Borrowings and to Cash Collateralize the remaining L/C Obligations in the manner set forth in Section 2.05(b) in such amounts as shall excuse the Borrower from making any such “Asset Disposition Offer.”
Asset Disposition Offer. (as defined in any Indenture Documentation, or any similar concept in any Indenture Documentation) in connection with such “Asset Disposition,” and the Borrower shall have failed to so commit or to so apply an amount equal to such “Excess Proceeds” at least 60 days before the applicable Commitment Date or Application Date, as the case may be, or (ii) if the Borrower at any other time shall have failed to apply or commit or cause to be applied an amount equal to any such “Excess Proceeds,” and, within 60 days thereafter assuming no further application or commitment of an amount equal to such “Excess Proceeds” the Borrower would otherwise be
Asset Disposition Offer. Attributable Debt" "Commodity Agreement" "Consolidated EBITDA" "Consolidated Fixed Charges" "Consolidated Net Income" "Consolidated Net Tangible Assets"