Examples of from an Asset Disposition in a sentence
All Net Available Cash from an Asset Disposition of ABL Collateral shall be applied as required by any ABL Facility.
For clarity, Net Available Cash from an Asset Disposition may not be reinvested in other Collateral by the Issuer.
Investments (a) made as a result of the receipt of non cash consideration from an Asset Disposition that was made pursuant to and in compliance with Section 4.10 or any other disposition of assets not constituting an Asset Disposition and (b) Investments in Additional Assets made in connection with an Asset Swap as described in clause (19) of the definition of “Asset Disposition”.
The Company may satisfy the foregoing obligations with respect to any Net Available Cash from an Asset Disposition by making an Asset Disposition Offer with respect to all Net Available Cash prior to the expiration of the relevant 450 days (or such longer period provided above) or with respect to any unapplied Excess Proceeds.
The information that pertains to the ‘line in the sand’ asset base represents an additional measure that will run parallel to, but not replace, the Regulatory Accounting Statements based on Australian Accounting Standards.