Examples of Disposition Transactions in a sentence
Any delay in approval of the assignability of the contracts to be assumed or the amount of Cure shall not affect the closing of the Disposition Transactions or the Effective Date of the Plan.
The consideration provided by the Purchasing Entities for the Acquired Assets and the Sale Securities under the Master Disposition Agreement is fair and reasonable, and the Disposition Transactions may not be avoided under section 363(n) of the Bankruptcy Code.
Disposition Transactions: All access persons are required to obtain pre-approval from the CCO using the Transaction Pre-Approval Form in Compliance11 before they may dispose of any direct or indirect beneficial ownership in any security offered in an initial public offering or in a limited offering, including any private investment in public equity, or any commodities and financial futures contracts, or any option on commodities and financial futures contracts and credit default swaps.
Disposition Transactions: All access persons are required to obtain pre-approval from the CCO using the Transaction Pre-Approval Form in Schwab Compliance Technologies before they may dispose of any direct or indirect beneficial ownership in any security offered in an initial public offering or in a limited offering, including any private investment in public equity, or any commodities and financial futures contracts, or any option on commodities and financial futures contracts and credit default swaps.
Determination of this transaction size based on UV’s reviewed consolidated financial statements as of 31 March 2019 and that of GOLD is tabled below: Maximum transaction size is 94.88% based on Net Income from Operations Criteria as determined based on UV’s reviewed consolidated financial statements as of 31 March 2019 and that of GOLD.This is regarded as a Type-1 transaction in accordance with Notification about Asset Acquisition and Disposition Transactions.
Prior to the Disposition Transactions, the Acquiror owned or controlled 33,998,819 Common Shares, including the 25,000,000 held indirectly through Sorcia and 8,998,819 Common Shares held directly by the Acquiror, representing approximately 25.06% of the issued and outstanding Common Shares of the Issuer, based on there being 135,673,092 Common Shares of the Issuer outstanding as of the date of this report.
Sorcia previously held 25,000,000 Common Shares, and following the Disposition Transactions, now holds 19,069,682.
However, during the past six months, the Company has not entered into any significant acquisition or disposition transactions, resulting in the size of the transaction being 50.00% or more, but less than 100.00% based on the net profit from operations benchmark, which falls under type 1 transactions as defined in the Announcement of Acquisition or Disposition Transactions.
The Carpenter Disposition Transactions included the sale of 1,467,155 shares of a new series of non- voting preferred stock designated as Series A Non-Voting Preferred Stock (the Series A Non-Voting Preferred Stock) that PMBC issued to the Carpenter Funds in exchange (the Exchange) for 1,467,155 shares of PMBC’s common stock owned by the Carpenter Funds.
Schedule “A” Regulations Respecting Transportation and Infrastructure Renewal Ministerial Land Disposition Transactionsmade by the Governor in Council pursuant to Section 6 of Chapter 23 of the Acts of 1996, the Court and Administrative Reform Act Citation1 These regulations may be cited as the Transportation and Infrastructure Renewal Ministerial Land Disposition Transactions Regulations.