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 means the sale by the Company of its “enterprise” business.
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Enterprise Sale means the transaction whereby certain assets were sold and liabilities assigned to Enterprise Media Group, Inc. pursuant to the Enterprise Purchase and Sale Agreement dated as of June 20, 2007.
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Examples of Enterprise Sale in a sentence

  • The Tribal Forester also is the FOC over any Enterprise Sale of Forest Products.

  • Moreover, the Company’s core complaint is that the Transactions are inferior to an en bloc sale (i.e. the Enterprise Sale Theory).

  • 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.

  • All capitalized terms used and not defined herein shall have their meanings in the Enterprise Sale Order.

  • For the avoidance of doubt, none of the provisions or terms in the ASSA or the Enterprise Sale Order shall bar, estop, preclude or limit AT&T from arguing that the Pre-Closing Obligations were assumed by Avaya by operation of law or otherwise and Avaya may not rely on any provisions in the Enterprise Sale Order to contend that such Pre-Closing Obligations were not assumed by Avaya.

  • The assets sold or otherwise transferred as part of the Enterprise Sale constituted Pre-Petition Collateral.

  • The Parties hereby agree that on the Closing Date (as defined in the ASSA), the AT&T Customer Contracts shall be assumed and assigned to Avaya under section 365 of the Bankruptcy Code, free and clear of all Interests (as defined in paragraph L of the Enterprise Sale Order) of any kind or nature whatsoever, other than the Assumed Liabilities (as defined in the ASSA) on the terms setforth in the ASSA.

  • For the avoidance of doubt, this Stipulation explicitly overrides the reservation of AT&T’s rights in paragraph 27 of the Enterprise Sale Order.

  • 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.

  • Trakopolis is a proven IoT platform that visualizes the location and performance of vehicles, equipment and people in real time, 2017 | Channel Mobilization 2017 | ELD Enterprise Sale 2018 2018 | 20,000 Subscribers 2017 | Q3 Rev $4.6M & MRR $345K 2017 | Mullen Strategic Investment enhancing safety, reducing overheads and achieving operational excellence for industrial organizations with complex environments.


More Definitions of Enterprise Sale

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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Related to Enterprise Sale

  • Disadvantaged Business Enterprise (DBE) means a small business concern pursuant to ORS 200.005(1), which is at least 51 percent owned by one or more socially and economically disadvantaged individuals, or, in the case of any corporation, at least 51 percent of the stock of which is owned by one or more socially and economically disadvantaged individuals and whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it.

  • 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.

  • Sexually oriented business means an adult arcade, adult bookstore or adult video store, adult cabaret, adult motel, adult motion picture theater, adult theater, escort agency, nude model studio, or sexual encounter center.

  • 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.

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • 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 employs fewer than 10 persons and has an annual balance sheet that does not exceed 2 million Euros.

  • 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.