Designated Sale definition

Designated Sale has the meaning given to it in paragraph (b) of the definition of “Permitted Transaction (Designated Sale)”.
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Designated Sale means the sale by the Company of all or part of the recreational fishing business of the Company to Berkley, Inc. for net cash proceeds of approximately $34,500,000 expected to be consummated prior to April 30, 2000.
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Designated Sale means the sale by the Company of all or part of the recreational fishing business of the Company.
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Examples of Designated Sale in a sentence

  • Instead of only one type of brackish water at the Seminole RO plant, brackish waters of three different salinities (Well 1, Well 2 and Well 3) are available for the tests at Alamogordo site.

  • Notwithstanding the foregoing, BNPLC's right to cure as provided in this Paragraph 19 will not in any event extend the time within which BNPLC must remove Liens Removable by BNPLC as required by Paragraph 20 beyond the Designated Sale Date.

  • Following the Designated Sale Date, upon satisfaction in full of all Secured Obligations and upon written request for the termination hereof delivered by NAI to Agent, (i) this Agreement and the pledge and security interest created hereby shall terminate and all rights to the Collateral shall revert to NAI and (ii) Agent will, upon NAI's request and at NAI's expense execute and deliver to NAI such documents as NAI shall reasonably request to evidence such termination and release.

  • Without limiting the generality of the foregoing, nothing contained herein shall modify, limit or impair any of the rights and remedies of BNPLC under the Purchase Documents, and BNPLC shall not be required to give the sixty day notice described in subparagraph 18.(b) as a condition precedent to any acceleration of the Designated Sale Date or to taking any action to enforce the Purchase Documents.

  • Remarketing Right shall not have been terminated pursuant to subparagraph 4(D) below because of NAI's failure to make any Supplemental Payment required on the Designated Sale Date.

  • The "To" column may be left blank in which case the Designated Sale Period will last until this Instruction terminates.

  • Without limiting the generality of the foregoing, nothing contained herein will modify, limit or impair any of the rights and remedies of BNPPLC under the Purchase Agreement, and BNPPLC will not be required to give the thirty day notice described in subparagraph 15(C) as a condition precedent to any acceleration of the Designated Sale Date or to taking any action to enforce the Purchase Agreement.

  • In column (a), state the first and last date on which the Shares are authorized to be sold during the Designated Sale Period (Stock sales may occur on or between these dates).

  • At any time more than thirty days after the Designated Sale Date, if the Property has not already been sold and conveyed by BNPPLC pursuant to Paragraph 2 or Paragraph 3, BNPPLC will have the right to sell the Property or offer the Property for sale to any third party on any terms believed to be appropriate by BNPPLC in its sole good faith business judgment.

  • In column (b), state the maximum number of shares authorized to be sold at the designated price during the Designated Sale Period.


More Definitions of Designated Sale

Designated Sale is defined in the Disclosure Letter.
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Designated Sale as defined in Section 3.05(g). “DOB” as defined in Section 15.01(a).
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Designated Sale means (x) any Assignment, (y) any Master Sublease, and (z) any Equity Disposition or Alternative Disposition pursuant to which any direct or indirect ownership interest in Tenant SPE is transferred by a Designated Person unilaterally, or by a Non-Designated Person in connection with a transfer by a Designated Person (including without limitation pursuant to any contractual provision (including a “drag-along” or “tag-along” provision) that requires or permits one or more Designated Persons to make such a transfer in connection with such a transfer by one or more non-Designated Persons). Notwithstanding the foregoing, “Designated Sale” shall not include any of the following: (1) any transfer of all or a portion of the direct or indirect ownership interests in Tenant SPE between or among any of the direct or indirect members of Tenant SPE (regardless of whether they are Designated Persons or Non-Designated Persons) so long as there is no change in the control of Tenant SPE (except in accordance with the exercise of customary rights to remove the Control Person on account of certain defaults), (2) any transfer of all or a portion of the direct or indirect ownership interests in Tenant SPE by a Non-Designated Person unilaterally and for which no Adjusted Gross Sale Proceeds are received by a Designated Person (e.g., a sale of a Non-Designated Person’s ownership interests in the JV SPE to a third party, the proceeds of which are not shared with any Designated Person), (3) any transfer of all or a portion of the direct or indirect ownership interests in any Non-SPE, (4) any foreclosure or assignment in lieu thereof in favor of any mortgagee or mezzanine lender, or (5) the HTC Master Sublease.
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Designated Sale means the first occurring (a) transaction in which the Company consolidates with, or merges with another company after which less than 50% of the total voting power of the surviving corporation is represented by shares that were Shares of the Company’s Common Stock prior to the merger or (b) single sale (or series of related sales) of 80% or more of the outstanding Shares of Company Common Stock, provided, that in each case, the consideration received by the Company’s
Sample 1

Related to Designated Sale

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Approved Sale has the meaning set forth in 2.1(d).

  • Proposed Sale has the meaning set forth in Section 2.4(a).

  • Designated Securities means securities issued by an Insured, or by any Affiliated Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

  • Subsequent Offering means any further issuance of Interests in any Series, excluding any Initial Offering or Transfer.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Qualified Sale means a sale made by a qualified person through a charitable auction.

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • prospective sale means a sale which is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Co-Sale Notice has the meaning set forth in Section 5.3.

  • Participating Investor any Participating Account, Participating Insurance Company or Participating Plan, including the Account and the Company.

  • Share Sale means the sale of (or the grant of a right to acquire or to dispose of) any of the shares in the capital of the Company (in one transaction or as a series of transactions) which will result in the purchaser of those shares (or grantee of that right) and persons Acting in Concert with him together acquiring a Controlling Interest in the Company, except where following completion of the sale the shareholders and the proportion of shares held by each of them are the same as the shareholders and their shareholdings in the Company immediately prior to the sale;[“Significant Transaction” means any transaction or series of transactions involving a transfer or licensing of some or all of the rights in relation to some or all of the assets of the Company, including without limitation licensing agreements and business and asset sale and purchase agreements pursuant to which the net payment(s) to the Company is at least £[insert];] [Note: to include for a Special Dividend][“Special Dividend” has the meaning set out in Article 4.13;] [Note: include if required]

  • Transfer Stock means shares of Capital Stock owned by a Key Holder, or issued to a Key Holder after the date hereof (including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization, or the like), but does not include any shares of Preferred Stock or of Common Stock that are issued or issuable upon conversion of Preferred Stock.

  • Offerees has the meaning set forth in Section 5.4(a).

  • Participating Dealer means any licensed broker or dealer and who has entered into a Participation Agreement in form and substance acceptable to the Manager and the Trustee.

  • transferable securities means those classes of securities which are negotiable on the capital market, with the exception of instruments of payment, such as:

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Stock Sale means a transaction or series of related transactions in which a Person, or a group of related Persons, acquires from stockholders of the Company shares representing more than fifty percent (50%) of the outstanding voting power of the Company.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Sale Notice has the meaning set forth in Section 3.04(b).

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Shelter-in-place means staff and children staying at the fa- cility due to an external threat such as a storm, chemical or gas leak or explosion, or other event that prohibits the occupants from safely leaving the facility.

  • Increment Offer means a type of Virtual Transaction that is an offer to sell energy at a specified location in the Day-ahead Energy Market. A cleared Increment Offer results in scheduled generation at the specified location in the Day-ahead Energy Market.

  • Private Offering means the private offering of Preferred Stock pursuant to the Memorandum.