Enterprise Sale definition

Enterprise Sale means any (i) merger, plan of arrangement or other business combination transaction involving the Company or any of its subsidiaries, (ii) a sale, pledge (except as provided for in Section 9), transfer or other disposition of 85% or more of the Company’s then outstanding shares or (iii) sale, pledge, transfer or other disposition, directly or indirectly, of all or substantially all of the assets of the Company; provided, however, that an “Enterprise Sale” shall not solely include (x) a sale, transfer or other disposition of assets to a wholly-owned subsidiary of the Company or (y) the merger, plan of arrangement or other business combination of two or more wholly-owned subsidiaries of the Company.
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Enterprise Sale. “ shall mean the sale by the Company of its “enterprise” business.
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Enterprise Sale means the consummation of (A) a merger, plan of arrangement or other business combination transaction involving the Company or any of its subsidiaries, (B) a sale, pledge, transfer or
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Examples of Enterprise Sale in a sentence

  • Upon completion of the acquisition of the Huahai Enterprise Sale Interest, the Huahai Purchaser will hold 51% equity interest in Huahai Enterprise and Huahai Enterprise will become a subsidiary of the Company and its financial results will be consolidated into the Group’s consolidated financial statements.

  • The principal terms of the Huahai Enterprise Sale and Purchase Agreement are set out below: Date:23 October 2020 Parties : (i) Huahai Purchaser (an indirect wholly-owned subsidiary of the Company); and (ii)Huahai Vendor To the best knowledge of the Directors after making all reasonable enquiries, the Huahai Vendor and its ultimate beneficial owners are Independent Third Parties.

  • Holder hereby acknowledges that the Proceeds may be in the form of cash, securities, commodities, bonds or other non-cash consideration received by the Company as a result of an Arbitration Award, Mining Data Sale and/or an Enterprise Sale.

  • Equitable Assignment Agreement dated 18 September 2007 between AmBank and ABS Enterprise in relation to the assignment by AmBank of all its rights, interest, title and benefit in and to the Portfolio Assets (as defined in the ABS Enterprise Sale and Purchase Agreement) sold to ABS Enterprise pursuant to the ABS Enterprise Sale and Purchase Agreement.

  • See TR47424 (LTA for CDMA Sale); TR49366 (LTA for Enterprise Sale); TR43643 (LTA for GSM/GSM-R Sale); TR43642.04 (LTA for MSS Sale); TR43642.02 (LTA for Next Gen Sale); TR44115 § 7.1 at 26 (asset sale agreement for CVAS sale); TR44132 at 1 (CVAS Confirmation Agreement).

  • Adjusted EBITDA for the first quarter of 2012 excludes a $1 million equity loss for the residential component of the TELUS Garden real estate joint venture.

  • For each EAN, we estimate the consumption over 2 years24t=τ−2424t=τprior to the PV installation, taking place at date τ, and a posteriori for 2 years: q = 1 .τ−1 qt and q = 1 .τ+23 qt .

  • In the latest information published corresponding to the second quarter of 2015 Barcelona City Council has reported a 5% reduction in its non-financial revenue and a 3% reduction in its expenditure compared to the same period in 2014.

  • Justice McEwen rejected the Enterprise Sale Theory, and approved the Sale Process over the Company’s objection by Order dated July 18, 2022 (the “ Sale Process Order”).

  • All of the Remaining Net Proceeds received to date by the Debtors on account of the Enterprise Sale, including interest or other earnings thereon, but excluding funds currently held in escrow in connection with the Enterprise Sale, were transferred to the Segregated Account.

Related to Enterprise Sale

  • Enterprise zone means a neighborhood enterprise zone designated under the neighborhood enterprise zone act, 1992 PA 147, MCL 207.771 to 207.787.

  • Disadvantaged Business Enterprise (DBE) means a firm certified as such by the Department in accordance with 49 CFR Part 26.

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • Urban Enterprise Zones means a zone designated by the New Jersey Enterprise Zone Authority pursuant to the New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et. seq.

  • Black enterprise means an enterprise that is 50,1% owned by black persons and where there is substantial management control. Ownership refers to economic interest while management refers to the membership of any board or similar governing body of the enterprise.

  • public enterprise means a public enterprise as defined in Part V of the Handbook.

  • Enterprise means the Company and any other corporation, constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger to which the Company (or any of its wholly owned subsidiaries) is a party, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, trustee, general partner, managing member, fiduciary, employee or agent.

  • Small Business Enterprise (SBE) means a business that is certified as an SBE under this program or the following similar programs and meeting the below economic thresholds (Section III “Economic Size Standards”).

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Adult entertainment means any exhibition of any adult-oriented: motion pictures, live performance, computer or CD Rom generated images, displays of adult-oriented images or performances derived or taken from the internet, displays or dance of any type, which has a substantial portion of such performance any actual or simulated performance of specified sexual activities or exhibition and viewing of specified anatomical areas, removal or partial removal of articles of clothing or appearing unclothed, pantomime, modeling, or any other personal service offered customers.

  • Disadvantaged Business Enterprise means a for-profit small business concern that is at least 51% owned by one or more individuals who are both socially and economically disadvantaged individuals or, in the case of a corporation, in which 51% of the stock is owned by one or more such individuals; and whose management and daily business operations are controlled by one or more socially and economically disadvantaged individuals who own it.

  • Business enterprise means a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

  • Certified Minority Business Enterprise means a business which has been certified by the certifying organization or jurisdiction in accordance with s. 287.0943(1) and (2).

  • Women Business Enterprise (WBE) as used in this policy means a business enterprise that meets all of the following criteria:

  • micro-enterprise means an enterprise, which at the time of conclusion of the payment service contract, is an enterprise as defined in Article 1 and Article 2(1) and (3) of the Annex to Recommendation 2003/361/EC in the version of 6 May 2003;

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.

  • private enterprise means a private enterprise as defined in the Handbook.