Permitted Consideration definition

Permitted Consideration means (a) cash or other funds immediately available to the Company or (b) Warrant Shares in the event of a net exercise in accordance with the terms hereof.
Permitted Consideration means cash or other funds immediately available to the Company.
Permitted Consideration means each of the following (or any combination thereof):

Examples of Permitted Consideration in a sentence

  • For purposes of this Section 4.09(a)(ii)(B), the fair market value of the consideration other than Permitted Consideration received in connection with each Asset Sale shall be determined as of the date of contractually agreeing to such Asset Sale.

  • Any notes received by the Company or its Restricted Subsidiaries as consideration in any disposition made pursuant to such $15 million exclusion from this Section 1016 shall not be taken into account in determining whether the $75 million limitation set forth in the definition of "Permitted Consideration" has been met.

  • The Company shall not, and shall not permit any of its Restricted Subsidiaries to, engage in an Asset Sale unless the Company or such Restricted Subsidiary, as the case may be, receives Permitted Consideration at the time of such Asset Sale at least equal to the Fair Market Value (as evidenced by a resolution of the Board of Directors set forth in an Officers' Certificate delivered to the Trustee) of the assets or Equity Interests issued or sold or otherwise disposed of.


More Definitions of Permitted Consideration

Permitted Consideration means (a) cash or other funds immediately available to the Company.
Permitted Consideration means (a) cash, (b) Cash Equivalents, (c) publicly traded equity securities of a Person with a market capitalization (not held by Affiliates of such Person) of at least $500,000,000, or (d) a controlling interest in, or long-term assets used or useful in, a business engaged in a Permitted Business. For purposes of this definition, each of the following will also be deemed to be cash:
Permitted Consideration means consideration consisting of any combination of the following:
Permitted Consideration means consideration consisting of any combination of the following: (i) cash or Temporary Cash Investments, (ii) assets used or intended for use in the Company's business as conducted on the date of the Indentures, (iii) any liabilities (as shown on the Company's or such Restricted Subsidiary's most recent balance sheet), of the Company or any Restricted Subsidiary (other than contingent liabilities and liabilities that are by their terms subordinated to the Notes or any guarantee thereof) that are assumed by the transferee of any such assets pursuant to a customary novation agreement that releases the Company or such Restricted Subsidiary from further liability and (iv) any securities, notes or other obligations received by the Company or any such Restricted Subsidiary from such transferee that are immediately converted by the Company or such Restricted Subsidiary into cash (to the extent of the cash received); PROVIDED that the aggregate amount of such notes or other obligations received by the Company and its Restricted Subsidiaries pursuant to (ii) through (iv) above after the date of the Indenture and held or carried at any date of determination shall not exceed $75 million.
Permitted Consideration has the meaning assigned to such term in Section 4.06.
Permitted Consideration means, with respect to an Asset Sale, cash, cash equivalents and/or assets that, concurrently with such Asset Sale, become Collateral or Supporting Assets for Collateral.
Permitted Consideration has the meaning set forth in Section 10.13.