Permitted Disposals definition

Permitted Disposals means any:
Permitted Disposals means any sale, lease, transfer or other disposal:
Permitted Disposals means the Issuer's or its Subsidiaries' right to dispose of any assets, including properties or shares, that are subject to Transaction Security (other than the shares in Karlholm Strand AB), by requesting a release of the security from the Trustee, provided that:

Examples of Permitted Disposals in a sentence

  • The Chargor undertakes that it shall not, and it shall procure that none of its subsidiaries shall, at any time during the subsistence of this Deed, sell, lease, transfer or otherwise dispose of, by one or more transactions or series of transactions (whether related or not), the whole or any part of its revenues or assets save for Permitted Disposals.

  • The Issuer shall not, and shall procure that none of its Subsidiaries will, enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any asset provided however that the Issuer and its Subsidiaries have a right to enter into transactions that constitutes Permitted Disposals.

  • The Borrower shall not, and shall not permit its Subsidiaries to, (whether by a single transaction or a number of related or unrelated transactions and whether at one time or over a period of time) Dispose of the Collateral or, without the prior written consent of the Administrative Agent on behalf of the Required Lenders, any such Person’s other property or assets, whether tangible or intangible, in each case other than Permitted Disposals.

  • The Borrower shall not, and shall not permit its Subsidiaries to, (whether by a single transaction or a number of related or unrelated transactions and whether at one time or over a period of time) Dispose of the Collateral or, without the prior written consent of the Administrative Agent on behalf of the Required Lenders, any such Person's other property or assets, whether tangible or intangible, in each case other than Permitted Disposals.

  • Other than Permitted Disposals, an Obligor shall not, either in a single transaction or in a series of transactions and whether related or not, dispose of all or a material part of its assets.


More Definitions of Permitted Disposals

Permitted Disposals means any disposal:
Permitted Disposals means, with respect to any Obligor’s assets (excluding the Licenses):
Permitted Disposals. Annual disposals of assets with an aggregate market value of not more than EUR 5 million if such disposals do not have a Material Adverse Effect; and
Permitted Disposals means a disposal:
Permitted Disposals means, subject to the terms of the Security Documents:
Permitted Disposals means disposals:
Permitted Disposals means, with respect to the Borrower or any Subsidiary thereof (a) any Disposal in the ordinary course of business of assets which are obsolete or which are replaced in the ordinary course of business; (b) any Disposal of the assets of a Subsidiary of the Borrower to the Borrower or another Subsidiary of the Borrower, or any Disposal of the assets of the Borrower to one of its Subsidiaries, provided, that any such assets that are subject to a security interest in favor of the Administrative Agent on behalf of the Lenders must remain subject to such security interest after such Disposal; (c) any Disposal of inventory in the ordinary course of business; (d) the Disposals listed on Schedule 1.1(a); (e) Permitted IRUs; (f) any Disposals of assets (other than IRUs) not constituting Collateral for their fair market value as determined in good faith by the Borrower, the aggregate proceeds of which do not exceed US$2,000,000; and (g) any IRU of the type referred to in clause (a) of the definition of “IRU” with respect to assets not constituting Collateral for fair market value as determined in good faith by the Borrower, the aggregate proceeds of which do not exceed US$2,000,000 for each such IRU.