Asset Dispositions definition

Asset Dispositions has the meaning specified in Section 5.02(e).
Asset Dispositions has the meaning set forth in Section 7.9.
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

  • Notwithstanding the foregoing provisions of this Section 411, the Company and the Restricted Subsidiaries shall not be required to apply any Net Available Cash or equivalent amount in accordance with this Section 411 except to the extent that the aggregate Net Available Cash from all Asset Dispositions or equivalent amount that is not applied in accordance with this Section 411 exceeds $50.0 million.

  • 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.

  • Notwithstanding the foregoing provisions of the preceding paragraph, the Company and such Subsidiaries will not be required to apply any Net Available Cash in accordance with the preceding paragraph except to the extent that the aggregate Net Available Cash from all Asset Dispositions subject to the preceding paragraph which is not applied in accordance with the preceding paragraph exceeds $100.0 million.

  • For purposes of determining compliance with Section 6.07 on the Reversion Date, the Net Available Proceeds from all Asset Dispositions not applied in accordance with the covenant will be deemed to be reset to zero.


More Definitions of Asset Dispositions

Asset Dispositions means the conveyance, sale, lease, license, assignment, transfer, or other disposition of any of assets (including by an allocation of assets among newly divided limited liability companies pursuant to aplan of division”), other than any Permitted Disposition.
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. 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 ▇▇▇▇ jet owned by ITC Service Company and the Stock Dispositions.
Asset Dispositions is defined in Section 8.2.8.
Asset Dispositions means one or more dispositions of assets, including Permitted Receivables Financings, sales and leasebacks, synthetic lease transactions, and other asset dispositions by one or more of the Group Members. Amendment No. 6 ---------------
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.