Disposition Conditions shall have the meaning ascribed to it in Section 7.29(c).
Disposition Conditions means all of the following requirements with respect to any proposed Disposition: (a) all mandatory prepayments required pursuant to Section 2.05 have been paid in full; (b) none of the Borrower, any Subsidiary, or any Affiliate of Borrower or any Subsidiary may be a counterparty to such Disposition; (c) the Disposition may not be for less than fair market value and on commercially reasonable arm’s length terms; (d) no Default or Event of Default shall have occurred and be continuing or would result therefrom; and (e) true, correct, and complete copies of the Disposition Documents shall have been provided to the Collateral Agent no later than five (5) days prior to the Disposition, and the Collateral Agent shall have approved of the terms thereof, such approval not to be unreasonably withheld.
Disposition Conditions means, with respect to any Release Price Disposition:
Examples of Disposition Conditions in a sentence
In connection with each disposition of a Fiber Network Asset pursuant to Section 7.29, if and to the extent required thereunder, the Issuer shall prepay the Notes in an amount equal to the applicable Release Price for the related Fiber Network Assets pursuant to clause (v) of the Priority of Payments, and pay all amounts necessary to satisfy the Disposition Conditions.
More Definitions of Disposition Conditions
Disposition Conditions. 4.2(b) “EEA Financial Institution” – 10.32 “EEA Member Country” – 10.32 “EEA Resolution Authority” – 10.32 “Embargoed Person” - 4.32(c) “Equipment” – Mortgage “ERISA” - 4.31
Disposition Conditions. 4.2(b) “EEA Financial Institution” – 10.32 “EEA Member Country” – 10.32 “EEA Resolution Authority” – 10.32 “Embargoed Person” - 4.32(c) “Equipment” – Mortgage “ERISA” - 4.31 “EU Bail-In Legislation Schedule” – 10.32 “Event of Default” - 8.1