Asset Sale Transaction definition

Asset Sale Transaction means any Asset Sale and, whether or not constituting an Asset Sale, (i) any sale or other disposition of Capital Stock, (ii) any Designation with respect to an Unrestricted Subsidiary and (iii) any sale or other disposition of property or assets excluded from the definition of Asset Sale by clause (i) thereof.

Asset Sale Transaction means any Asset Sale and, whether or not constituting an Asset Sale, (1) any sale or other disposition of Capital Stock, (2) any Designation with respect to an Unrestricted Subsidiary and (3) any sale or other disposition of property or assets excluded from the definition of Asset Sale by clause (2) of that definition.

Asset Sale Transaction means any Asset Sale and, whether or not constituting an Asset Sale, (1) any sale or other disposition of Capital Stock of a Restricted Subsidiary and (2) any Designation with respect to an Unrestricted Subsidiary.

Examples of Asset Sale Transaction in a sentence

• The Requisite Term Lenders, the DIP Agent, the Creditors’ Committee, Freddie Mac, Fannie Mae, and Ginnie Mae and their respective advisors shall have the right to review all information, diligence, and materials provided by the Debtors to any bidder or prospective bidder, subject to confidentiality, with respect to the sale and to consult with the Debtors with respect to any potential Sale Transaction, Master Servicing Transaction, or Asset Sale Transaction.

• Further, the Company will be entitled to deduct and hold back, or cause to be deducted or held back, from any Net Proceeds Dividend payable to a Holder, the Per Share Holdback Amount with respect to the applicable Asset Sale Transaction.

• The New Common Stock will either (i) first be issued by CMC to CHC in recapitalization of the common stock of CMC held by CHC, and then distributed by CHC in complete and final satisfaction of the Allowed First Lien Debt Claims and Allowed Second Lien Debt Claims or (ii) first be received by CHC in the Asset Sale Transaction, and then distributed by CHC in complete and final satisfaction of the Allowed First Lien Debt Claims and Allowed Second Lien Debt Claims.

• Following the Commencement Date, the Debtors shall oversee and manage the sale process relating to any potential Sale Transaction, Master Servicing Transaction, and, if applicable, an Asset Sale Transaction, in good-faith consultation with the Requisite Term Lenders the DIP Agent, the Creditors’ Committee, Freddie Mac, Fannie Mae, and Ginnie Mae.

• In such event, the acquiring group generally would have up to 8-1/2 months after the Effective Date of the Plan to determine if treatment of the acquisition as an Asset Sale Transaction is desirable.

More Definitions of Asset Sale Transaction

Asset Sale Transaction means the sale or sales, either as a going-concern or in a liquidation, of some or all of the Debtors’ assets under this Plan or as otherwise authorized by order of the Bankruptcy Court or the Bankruptcy Code.

Asset Sale Transaction means one or more transactions consummated at any time prior to the Asset Sale Expiration Date pursuant to which the Company or any of its Affiliates sells, farms out or otherwise transfers to a third party some or all of the Carved-Out Assets. For the avoidance of doubt, more than one Asset Sale Transaction may occur for purposes of this Certificate of Designation.

Asset Sale Transaction means the sale of a portion of the Company’s assets other than a Sale Transaction consummated on or as soon as is reasonably practicable after the Effective Date; provided such sale shall only be conducted with the consent of the Requisite Term Lenders. Net proceeds of any Asset Sale Transaction shall be “Asset Sale Proceeds.”

Asset Sale Transaction has the meaning given to it in Section 5.07.

Asset Sale Transaction has the meaning set forth in Section 4.4.

Asset Sale Transaction means the sale of a portion of the Debtors’ assets consummated on or as soon as reasonably practicable after the Effective Date other than (i) a sale in the ordinary course of business, (ii) in connection with the Exit Working Capital Facility, or (iii) a Sale Transaction; provided, that such sale shall be conducted in accordance with the terms of the RSA and the DIP Order.

Asset Sale Transaction. Any transaction per below: YieldCo A public or private offering in operating assets held by the YieldCo Entity A sale of assets or equity interests by Borrower or its subsidiaries to a third-party equity investor or into a newly-formed entity which is not a wholly-owned entity by Borrower • “Full Portfolio Sale” - transactions resulting in no residual economic interests to SEC • “Minority Portfolio Sale” - transactions resulting in all of the following: i. Borrower retaining at least 50.1% of the economic rights via an equity structure whereby SEC and the new investor are allocated cash-flows on a pro-rata basis and new investor is not allocated cash exceeding 50.0% of available cash (for the avoidance of doubt, a customary tax equity partnership shall be permitted by this clause (i) irrespective of the cash allocations under such partnership); [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.