Asset Dispositions definition

Asset Dispositions has the meaning specified in Section 5.02(e).
Asset Dispositions has the meaning given in Section 8.5.
Asset Dispositions. Interest rate hikes and limited buyer access to credit financing resulted in halted asset dispositions • Equity fund raising: Low market capitalisation; banks’ inability to underwrite (Sponsor’s Unitholding capped at 9.8%)

Examples of Asset Dispositions in a sentence

  • Upon certain Asset Dispositions, the Issuer may be required to use the Excess Proceeds from such Asset Dispositions to offer to purchase Notes and, at the Issuer’s option, Pari Passu Indebtedness out of the Excess Proceeds in accordance with the procedures set forth in Section 3.5 and in Article V of the Indenture.

  • The Indenture provides that, subject to certain conditions, if (i) certain Net Available Proceeds are available to the Company as a result of Asset Dispositions or (ii) a Change of Control occurs, the Company shall be required to make an Offer to Purchase for all or a specified portion of the Securities.

  • Table 7 -- Asset Dispositions o Includes asset sales closed during the period, including those made by non-debtor entities, except normal course sales of inventory.

  • In addition, in the event of certain Asset Dispositions, the Company will be required to make an offer to purchase Securities at a purchase price of 100% of their principal amount plus accrued interest to the date of purchase (subject to the rights of Holders of record on the relevant record date to receive interest due on the relevant interest payment date) as provided in, and subject to the terms of, the Indenture.

  • Under certain circumstances as set forth in the Indenture, the Company will be required to offer to purchase Securities with the Net Available Cash from Asset Dispositions.


More Definitions of Asset Dispositions

Asset Dispositions means every sale, conveyance, transfer or other disposition by the Company or its Subsidiaries of property or assets (including any sale-leaseback transactions) of the Company or its Subsidiaries, whether in a single transaction or a series of related transactions greater than $100.0 million.
Asset Dispositions and such provisions applicable to such Capital Stock specifically provide that the Issuer and its Restricted Subsidiaries will not repurchase or redeem any such stock pursuant to such provisions prior to the repurchase of such Securities as are required to be repurchased pursuant to the covenant described under "Asset Dispositions."
Asset Dispositions means, collectively, a transaction of merger, reorganization, or consolidation, or transfer, sell, assign, lease, or otherwise dispose of all or any part of its property, or wind up, liquidate or dissolve.
Asset Dispositions a collective reference to the Holdings I LP Asset Disposition, the Holdings II LP Asset Disposition and the OC/SD JV LLC Asset Disposition.
Asset Dispositions means, subject to the Asset Letter, any disposition, whether by sale, lease, assignment or other transfer of (a) any of the assets of the Borrower or its Domestic Subsidiaries (other than a Receivables Subsidiary), including, without limitation, pursuant to any Permitted Factoring Arrangements and any Receivables Securitization Program, and (b) any of the assets of a Foreign Subsidiary pursuant to a Foreign Sale-Leaseback Transaction.
Asset Dispositions. Consolidated Tangible Assets", "Fiscal Year", "Note Registration" and "Sale and Leaseback Transaction" shall each bear the meaning given to such term in the Exit Financing Indenture as set out in Appendix A (Change of Control and Asset Disposition provisions of the Exit Financing Indenture) or as such definitions in the Exit Financing Indenture may be amended from time to time provided that no amendment to any such definition shall be taken into account for the purposes of this sub-clause 18.9.3 until such time as the Agent shall have received a copy of the amended definitions and such other information in relation thereto as the Agent may reasonably request.
Asset Dispositions means the sale of the Xxxx jet owned by ITC Service Company and the Stock Dispositions.