Permitted Disposal definition

Permitted Disposal means any sale, lease, licence, transfer or other disposal:
Permitted Disposal means any of the following:
Permitted Disposal means any sale, lease, licence, transfer or other disposal which, except in the case of paragraph (b), is on arm’s length terms:

Examples of Permitted Disposal in a sentence

  • Any Obligor or any Material Subsidiary suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a substantial part of its business except as a result of a Permitted Disposal or a Permitted Merger.

  • The Issuer shall not sell or otherwise dispose of any of its assets other than as a Permitted Disposal.

  • If, as a result of a Permitted Disposal, the amount outstanding under the Facility exceeds the Borrowing Base Amount, then the required amount of proceeds from such Permitted Disposal to ensure that there is no such excess, after having taken into account the impact of the Permitted Disposal on the Borrowing Base Amount will be used to make a prepayment of the Facility.

  • Any member of the Group suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business except as a result of a Permitted Disposal or a Permitted Transaction.

  • Personnel must immediately leave a site when directed by the Customer.


More Definitions of Permitted Disposal

Permitted Disposal means any disposal:
Permitted Disposal means a Disposal:
Permitted Disposal means any Disposal:
Permitted Disposal means any sale, lease, transfer or other disposal that:
Permitted Disposal has the meaning given to it in Clause 16.10(b) (Disposals).
Permitted Disposal means a disposal of any or all of the Issuer’s air navigation services division on arm’s length terms; and
Permitted Disposal means any sale, lease, licence, transfer or other disposal which, except in the case of paragraph (b), is on arm's length terms: