Disposal Event definition

Disposal Event means an event which gives rise to an obligation on the Issuer under law to dispose of all or part of the Delivery Assets, or Underlying Shares;

Disposal Event means any Mandatory Redemption Event or Event of Default or other event under the Notes or the Transaction Agreements requiring the Issuer to sell any Disposal Assets or any Issuer Aggregate STP Claim.

Disposal Event means an event which gives rise to an obligation on the Issuer under law to dispose of all or part of the Delivery Assets, Reference Assets, Reference Index or Underlying Index;

Examples of Disposal Event in a sentence

• Disposal Event Has the meaning ascribed thereto in Clause 3.7.2. Due Diligence Process Has the meaning ascribed thereto in Recital III.

• If a Disposal Event (as defined below) occurs, the Issuer shall, on giving not less than 15 nor more than 30 days’ irrevocable notice to the Trustee and the Noteholders redeem all of the Notes.

• In case no Disposal Event occurs for the four shopping centres together, PC will be allowed to perform a special purpose Disposal Event only if after execution of the special purpose Disposal Event, the surplus value of shopping centres not sold (according to the valuation deducting the specific debt to banks) is no less than EURO 70 million (NIS 297 million), deducting the net cash flows received from previous Disposal Events and deducting the net cash flows from the special purpose Disposal Event.

• If a Disposal Event (as defined below) occurs, the Issuer shall, on giving not less than 15 nor more than 30 days' irrevocable notice to the Trustee and the Noteholders redeem all of the Notes.

• If requested by any Lender or the Administrative Agent, the Parent Borrower and prior to the consummation of a Puerto Ricancars Disposal Event, Puerto Ricancars will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1, referred to in said Regulation U.

More Definitions of Disposal Event

Disposal Event means the occurrence of (i) a Disposal and (ii) during the Disposal Period, a Rating Downgrade.

Disposal Event means, if as a result of the application of:

Disposal Event means (i) any transfer or other disposal by the Corporation of any right, title or interest in or to the Matawinie Mine or the Transformation Plant or any of the assets and rights used, necessary or desirable in connection with the carrying out of the Project other than by way of a Permitted Encumbrance, or (ii) the occurrence of the Corporation otherwise ceasing to remain the sole absolute owner of the Matawinie Mine and the Transformation Plant, and of all assets and rights used, necessary or desirable in connection with the carrying out of the Project, in each case free and clear of all Liens (except Permitted Encumbrances), but excluding, in each case of clauses (i) and (ii), disposals or transfers to a wholly-owned subsidiary of the Corporation or a Joint Venture or as otherwise permitted in accordance with the terms and conditions hereof.

Disposal Event means a direct or indirect sale, transfer, contribution, combination (including by way of a merger), assignment, repurchase or disposal (whether in a single transaction or a series of transactions and regardless of the structure or form of the transaction or transactions) by the Buyer or an entity within the Buyer’s Group to or with a Shareholder of (i) any direct or indirect interest (including minority interests) in any of the Companies or any successor thereof (including any options, warrants, convertible securities, derivative securities or other rights of any kind to acquire any shares in any such Companies) or (ii) all or part of the portfolio of cellular wireless telecommunication towers of the Companies; or the entering into a legally binding agreement to do any of such acts or things (provided the relevant transaction is always signed within the Anti-Embarrassment Period but completed, even after the end of the Anti-Embarrassment Period). For the avoidance of doubt, a Disposal Event (i) shall include, without limitation, the direct or indirect investment by a Shareholder in any of the Companies or their portfolio of cellular wireless telecommunication towers through the subscription of shares or other kind of equity or equity-linked securities or instruments; but (ii) shall exclude any transaction required and/or accepted to comply with any Commitments in relation to the First Closing Conditions Precedent (to the extent no alternative transaction that otherwise would not be a Disposal Event is available).

Disposal Event means an event which gives rise to an obligation on the Issuer under law to dispose of all or part of the Delivery Assets, Reference Assets, Reference Index or Underlying Assets, or securities or assets referenced by them;

Disposal Event means any Mandatory Redemption Event or other event under the Notes or the Transaction Agreements requiring the Issuer to sell any Disposal Assets.

Disposal Event means an event the occurrence of