Assets Sale definition

Assets Sale means an unconditional agreement being entered into for the sale of the whole or substantially the whole of the trade and assets of the Group
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Assets Sale has the meaning assigned to such term in the Recitals.
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Assets Sale means a sale by [MPL] or other member of the Group of all, or substantially all, of the Group’s business, assets and undertaking, either by way of a share sale, an assets sale or combination of both.”
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Examples of Assets Sale in a sentence

  • As such, each of the Assets Sale Transaction and the Assets Purchase Transaction constitutes a connected transaction for the Company under Chapter 14A of the Listing Rules.

  • In case a dispute founded on this contract cannot be solved by dialogue and negotiation between the employer and the employee, an attempt shall be made to resolve the dispute by mediation prior to any legal action.

  • In the event of an Acquisition that is not a True Assets Sale (as defined below) in which the sole consideration is cash, Holder may either (a) exercise its conversion or purchase right under this Warrant and such exercise will be deemed effective immediately prior to the consummation of such Acquisition or (b) permit the Warrant to expire upon the consummation of such Acquisition.

  • The purchase of the Additional Assets will become effective upon the Trustee and the Obligor entering into an Additional Assets Sale Agreement in accordance with the terms of the Sale Undertaking.

  • The Company negotiated with BYD on an arm’s length basis and agreed on the transaction, while the assets to be sold under the Assets Sale Agreement are useful to the BYD Group for its business.

  • If however the prospective bidder specifies any reasonable conditions precedent for completion of the Assets Sale, it shall solely be subject to acceptance by the Monitoring Committee and such conditional bids are liable for rejection.

  • Note:• Despite property type exclusions identified in the Federal Assets Sale and Transfer Act of 2016 (Public Law 114-287), OMB, citing authority in E.O. 13327, requires agencies to submit data for these real property assets.

  • Accordingly, none of the Assets Sale Transaction and the Assets Purchase Transaction constitutes connected transaction for BYD under Chapter 14A of the Listing Rules.

  • The last date for the completion of the Assets Sale and receipt of Upfront Cash shall be decided by Monitoring Committee failing which the Monitoring Committee shall not be obligated to undertake and complete the Assets Sale, unless otherwise agreed by the Monitoring Committee at its sole discretion.

  • In such event, the applicable definitions of Purchased Assets, Sale Companies, Securities Sellers, Manufacturing Facilities, Products and/or Real Property will be amended as set forth in such notice to remove the additional excluded assets, real property, Sale Companies or Manufacturing Facilities and the definition of Excluded Assets and/or Excluded Facilities, if applicable, may be amended as provided in such notice to include such additional excluded assets, real property or Manufacturing Facilities.

Related to Assets Sale

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Company Sale means a transaction with a third Person that is not an Affiliate of the Company or group of third Persons that, acting in concert, do not collectively constitute Affiliates of the Company, pursuant to which such Person or Persons acquire, in any single transaction or series of related transactions, (i) all of the outstanding Equity Securities of the Company, (ii) all or substantially all of the assets of the Company and its Subsidiaries or (iii) Equity Securities of the Company authorized and issued following the Effective Date and possessing the power to elect or appoint a majority of the Board of Managers (or any similar governing body of any surviving or resulting Person).

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.

  • Specified Assets the following property and assets of such Grantor:

  • Disposition Date shall have the meaning ascribed thereto in Subsection 5.1(d);

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Asset Sale means any direct or indirect sale, issuance, conveyance, assignment, transfer, lease (other than operating leases entered into in the ordinary course of business) or other disposition (including pursuant to any Sale and Lease-Back Transaction), other than to the Company or any of its Restricted Subsidiaries, in any single transaction or series of related transactions of:

  • Subject Assets is defined in Section 2.2(c).

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.