Examples of Asset Sale Transaction in a sentence
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.
For the avoidance of doubt, none of the Acquisition or any Asset Sale Transaction shall be deemed a Liquidation.
For clarity, multiple Asset Sale Dividends may be paid in respect of one Asset Sale Transaction in the event that the Company receives Net Proceeds from an Asset Sale Transaction in multiple installments (as a result of post-closing payments, release of escrowed funds or otherwise).
Entry into a Proposed Asset Sale Transaction in the event set forth in Article 6.5 above.
In the event the acquirer of the assets in the Proposed Asset Sale Transaction is a shareholder of the Company, or any other individual or entity, directly or indirectly controlling, controlled by or under common control with such shareholder, said shareholder shall be considered to be an “ Interested Shareholder” and as such, shall not be included in the “more than 50%” threshold set forth in Article 6.5.1 above.