Asset Sale Trigger definition

Asset Sale Trigger shall have the meaning specified in Section 4.13(c)(i).
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Asset Sale Trigger has the meaning set forth in the Certificate of Designations.
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Asset Sale Trigger means (i) the first day on which the Company and/or one or more of its Subsidiaries has consummated one or more Asset Sales after the Issue Date that results in Asset Sale Net Proceeds in excess of the Asset Sale Trigger Amount as measured on such day (the “Initial Asset Sale Trigger”) and (ii) after the Initial Asset Sale Trigger has occurred, the consummation of any subsequent Asset Sale.
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Examples of Asset Sale Trigger in a sentence

  • Referring to the report of the High Level Group Key Enabling Technologies (KET) where different KETs had been defined, Mr. Beernaert pointed out that the EV battery topic incorporates multiple KETs including advanced manufacturing systems.

  • Commencing on the date nine months after the date of a Special Asset Sale Trigger, Greenbriar shall, at all times, maintain cash or Permitted Investments in excess of the sum of (i) the current Liquidation Value of the Series F Senior Preferred Stock and (ii) the current Liquidation Value (as defined in the Series G Certificate of Designation) of the Series G Senior Non-Voting Preferred Stock.

  • The date of the consummation of the repurchase of any shares of Convertible Preferred Stock pursuant to the exercise of the Asset Sale Call Right will be the later of (i) the tenth (10th) Business Day after the date the Company has duly delivered the Asset Sale Call Notice to each Holder pursuant to Section 7(e)(ii) and (ii) the Asset Sale Trigger.

  • The following provisions of this Article IV.B shall apply only if the Entire Company Asset Sale Trigger Occurs.

  • Notwithstanding anything to the contrary in this Certificate of Designations, each Holder will have the right (the “Asset Sale Put Right”) to require the Company to repurchase certain shares of such Holder’s Convertible Preferred Stock, not to exceed such Holder’s Asset Sale Put Right Allocation of the Asset Sale Maximum Redemption Amount, in accordance with Section 8(a) following the occurrence of an Asset Sale Trigger and, as may be designated by such Holder, at any time within 90 days thereafter.

  • Part of the USDOC’s analysis involved a “standard-deviation test.”121 As Korea recognizes in its first written submission, “[a] ‘standard deviation’ is a common statistical measure of how much variation can be found in a set of data.

  • Report any problems with accommodations implementation to the Office of Disability Support Services.Students are required to deliver and discuss accommodation letters with faculty before accommodations will be implemented.

  • LITIGATION TRUST The following provisions shall apply only if the Entire Company Asset Sale Trigger occurs and a Plan Administrator is appointed.

  • RBOs with a pure coordination role, responsible for coordinating tasks that are developed and implemented by the organization’s member states.

  • The Load Shift Working Group should accomplish the tasks as indicated in Table 2 below.In addition to addressing the tasks, both working groups shall provide the parties to this proceeding with status reports.

Related to Asset Sale Trigger

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).

  • Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).