Asset Swaps definition

Asset Swaps means the asset swap entered into between the Swap Counterparty and the Issuer in respect of each Tranche of Notes dated 4 April 2007.
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Asset Swaps as that term is defined in the Nexstar Credit Agreement.
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Asset Swaps means exchanges by the Company and its Subsidiaries with Persons that are not Affiliates of tangible advertising Properties (and their related locations) having equivalent value; provided that the aggregate fair market value of all such Properties (and related locations) transferred by the Company and its Subsidiaries as part of such exchanges may not exceed $15,000,000 in any fiscal year of the Company.
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Examples of Asset Swaps in a sentence

  • Notwithstanding any provision of this Section 4.9, Asset Swaps entered into by the Company or any Restricted Subsidiary in the normal course of business shall not be subject to clause (ii) of the immediately preceding sentence.

  • Notwithstanding any provision of this Section 4.9, Asset Swaps and Fuel Hedging Obligations entered into in the ordinary course of business shall not be subject to clause (ii) of the immediately preceding sentence.

  • Asset Swaps..........................................................................

  • The Indenture imposes certain limitations on the ability of the Company and its Subsidiaries to, among other things, incur additional Indebtedness and issue Preferred Stock, engage in certain Asset Swaps, enter into transactions with Affiliates, create dividend or other payment restrictions affecting Subsidiaries and merge or consolidate with any other Person, sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its assets or adopt a plan of liquidation.

  • The Indenture imposes certain limitations on the ability of the Company and its Subsidiaries to, among other things, incur additional Indebtedness and issue Disqualified Capital Stock, engage in certain Asset Swaps, enter into transactions with Affiliates, create dividend or other payment restrictions affecting Subsidiaries and merge or consolidate with any other Person, sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its assets or adopt a plan of liquidation.

  • Notwithstanding the foregoing, Classic and its Restricted Subsidiaries may consummate Asset Swaps; provided that, immediately after giving effect to such Asset Swap, Classic would be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Debt to Cash Flow Ratio test set forth in the first paragraph of Section 4.09 hereof.

  • Notwithstanding the foregoing, with respect to Asset Sales and Asset Swaps of the assets of the Austin Partnership and RAM, Net Cash Sale Proceeds shall be calculated only to the extent of the Issuer’s and its Subsidiaries’ aggregate equity percentage in the Austin Partnership or RAM, as applicable.

  • All Net Proceeds received by the Borrowers or their Subsidiaries from any sale, lease, transfer or other disposition permitted hereunder (excluding such sales, leases, transfers or other dispositions in the ordinary course of the Borrowers' or their Subsidiaries' businesses and Permitted Asset Swaps) shall be used to repay or prepay on the closing date of such sale an identical amount of the outstanding principal amount of the Loans to the extent required under Section 2.7 hereof.

  • Notwithstanding any provision of this Section 4.9, Asset Swaps and Fuel Hedging Obligations entered into by the Company or any Restricted Subsidiary in the ordinary course of business shall not be subject to clause (ii) of the immediately preceding sentence.

  • Asset Swaps, Dispositions, etc.....................................................................76 7.2.11.


More Definitions of Asset Swaps

Asset Swaps means transactions whereby assets (other than cash and cash equivalents) are exchanged for assets (other than cash and cash equivalents) of comparable value, including but not limited to asset swaps made in connection with the contribution of Capital Stock or assets to joint venture agreements or similar arrangements.
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