First Disposal definition

First Disposal means the proposed disposal of the 29 Catalogues to Hipgnosis SC IV (Delaware) L.P., a Delaware limited partnership with its registered address at c/o Intertrust Corporate Services Delaware Ltd,
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First Disposal the Disposal of an Affordable Unit by the Owner to an Approved Person who is the first person to occupy the Affordable Unit as his main residence “Housing Unit” each dwelling within the Development "Implement” “Implementation! And “Commence” carry(ing) out a material operation as defined in section 56 of the Act but the term “material operation” shall exclude works of demolition site clearance ground investigations site surveys archaeological investigations and the erection of boundary fencing or hoardings “Land" Xxxxxxxxxxxxxx shown edged red on the attached plan “Market Dwellings” the dwellings comprising the Development other than the Affordable Housing
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First Disposal the Disposal of an Affordable Unit by the Owner to an Approved Person who is the first person to occupy the Affordable Unit as his main residence “Housing Unit” each dwelling within the Development "Implement” “Implementation! And “Commence” carry(ing) out a material operation as defined in section 56 of the Act but the term “material operation” shall exclude works of demolition site clearance ground investigations site surveys archaeological investigations and the erection of boundary fencing or hoardings “Land" all that the land and premises situate at and known as Stockport registered at the Land Registry under title number GM and shown edged red on the attached plan “Market Dwellings” the dwellings comprising the Development other than the Affordable
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Examples of First Disposal in a sentence

  • The 2021 First Disposal was approved by the Shareholders at the extraordinary general meeting on 13 December 2021.

  • Therefore, the Group has continued to implement a series of development plans (the “Development Plans”) which comprise, among other things, (i) the 2021 First Disposal; (ii) the 2021 Second Disposal; (iii) the 2021 Third Disposal; (iv) the Disposals; (v) seeking extension of due dates of the relevant debts and/or alternative refinancing; and (vi) further disposal(s) of solar power plants in the PRC by tranches.

  • The materials terms of the First Disposal Supplemental Agreement are set out below: Repayment of Shareholder’s Loan: Guangdong Yuecai Trust agrees that the Shareholder’s Loan in the principal amount of RMB1.68 billion and the accrued interests could be early repaid in full on 20 June 2020.

  • The consideration for the First Disposal approximately equals to the outstanding aggregate amount of principals in relation to the First Underlying Assets of RMB124,394,118, after taking into consideration the associated credit risks relating to the First Underlying Assets.

  • As at the date of this announcement, registration for share transfer has been completed in respect of three 2021 First Disposal Subject Companies, being Maigaiti Jintan Zhengxin New Energy Technology Co., Ltd* （麥蓋提金壇正信新能源科技有限公司）, Shufu County Zhongjiancai New Energy Photovoltaic Power Generation Co., Ltd*（疏附縣中建材新能源光伏發電有限公司）and Wushi Longbai Electricity Investment Co., Ltd*（烏什龍柏電力投資有限公司）.

  • If the above payments have not been paid by the Target Company on or before 31 October 2020, the First Disposal Supplemental Agreement will cease to be effective automatically.

  • As at the date of this announcement, the Group has received proceeds of RMB79.6 million from the 2021 First Disposal and expects to receive the remaining proceeds of RMB458.0 million by April 2023.

  • The First Disposal ETA named the purchaser as ▇▇ ▇▇▇, whereas the Second Disposal ETA named the purchaser as Wanjia.

  • Completion of the First Disposal will take place on the 14th day from the date of the last conditions precedent of the First Agreement has been satisfied or waived, or such other date that the parties may agree in writing.

  • The purpose of entering into the Supplemental Agreements is to provide a framework for the unwinding of the First Disposal and the Second Disposal to pave the way for the negotiation and implementation of the Direct Land Resumption.


More Definitions of First Disposal

First Disposal the sale of the First Sale Shares and the Sale Loan by the First Vendor to the Purchasers; “First Purchaser” ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇;
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First Disposal the disposal of the First Underlying Assets pursuant to the First Assets Disposal Agreement “First Assets Disposal Agreement” the assets disposal agreement dated 27 September 2016 entered into by ▇▇▇▇ and Hwabao Trust in relation to the First Disposal of the First Underlying Assets
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Related to First Disposal

  • Pro Forma Disposal Adjustment means, for any Test Period that includes all or a portion of a fiscal quarter included in any Post-Transaction Period with respect to any Sold Entity or Business, the pro forma increase or decrease in Consolidated EBITDA projected by the Borrower in good faith as a result of contractual arrangements between the Borrower or any Restricted Subsidiary entered into with such Sold Entity or Business at the time of its disposal or within the Post-Transaction Period and which represent an increase or decrease in Consolidated EBITDA which is incremental to the Disposed EBITDA of such Sold Entity or Business for the most recent Test Period prior to its disposal.

  • Asset Disposition means any sale, lease, transfer or other disposition (or series of related sales, leases, transfers or dispositions) by the Company or any Restricted Subsidiary, including any disposition by means of a merger, consolidation or similar transaction (each referred to for the purposes of this definition as a “disposition”), of:

  • from an Asset Disposition means cash payments received therefrom (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other non-cash form), in each case net of:

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • Excluded Asset Disposition means an Asset Disposition permitted pursuant to Section 7.05 other than Asset Dispositions pursuant to Sections 7.05(vii), (xiii), and (xv).