Examples of Collateral Sale in a sentence

Upon completion of each Collateral Sale Offer, the amount of Excess Collateral Proceeds will be reset at zero.
If the Applicant is a law enforcement entity regulated by Chapter 1701 of the Texas Occupations Code, the Applicant certifies that it is in compliance with all rules developed by the Commission on Law Enforcement Officer Standards and Education (TCLEOSE) pursuant to Chapter 1701, Texas Occupations Code; or that it is in the process of achieving compliance with such rules.
The date of the intended sale of Collateral (the “Intended Collateral Sale Date”) need not be specified in the Collateral Sale Notice but shall be a date after the related Class B Purchase Right Termination Date described in Section 6.3(B).
Such right of first refusal shall terminate not later than 4:00 p.m. on the twelfth Business Day following the Collateral Sale Notice Date.
The notice shall contain all instructions and materials necessary to enable such Holder to tender Notes pursuant to the Collateral Sale Offer.

More Definitions of Collateral Sale

Collateral Sale means any sale of Collateral or series of related sales of Collateral having a Fair Market Value in excess of $25,000,000.

Collateral Sale means the sale, conveyance, transfer or other disposition (whether in a single transaction or a series of related transactions) of property or assets constituting Collateral (including by way of Production Payments and Reserve Sales, but not by way of Sale/Leaseback Transactions and including by way of any sale or disposition of a Subsidiary Guarantor) (other than an operating lease entered into in the ordinary course of the Oil and Gas Business) (each referred to in this definition as a “disposition”); provided, however, that the term “Collateral Sale” shall exclude:

Collateral Sale means any sale of Collateral or series of related sales of Collateral having a Fair Market Value in excess of

Collateral Sale is defined in Section 2.6.

Collateral Sale means (a) any Disposition of Collateral so long as such Disposition is permitted under the Senior Credit Agreement or otherwise consented to by Required Lenders under the Senior Credit Agreement, (b) any Lien Enforcement Action by the Senior Agent or Senior Lenders against all or any portion of the Collateral in accordance with the Senior Debt Documents and applicable law, or (c) after the occurrence and during the continuance of an Insolvency Proceeding by or against any Obligor, the sale of all or any portion of the Collateral pursuant to an order of the Bankruptcy Court having jurisdiction over such Insolvency Proceeding under Section 363 of the Bankruptcy Code.

Collateral Sale means any sale of DIP Collateral or series of related sales of DIP Collateral other than Permitted Dispositions. For the avoidance of doubt, Aircraft (other than Pledged Engines and Pledged Spare Parts) and financial leases, operating leases, interchanges or charters of such Aircraft are not DIP Collateral and nothing herein restricts Obligors from entering into a sub-lease, interchange or charter of such Aircraft or rejecting leases of such Aircraft in the Chapter 11 Cases.