Permitted Disposition means any of the following:
Permitted Disposition means any Disposition permitted by Section 7.05.
Permitted Disposition means, with respect to Dispositions of Collateral, any of the following:
Examples of Permitted Disposition in a sentence
No Borrower shall sell, lease or otherwise dispose of any Equipment, without the prior written consent of Lender, other than (a) a Permitted Disposition; and (b) replacement of Equipment that is worn, damaged or obsolete with Equipment of like function and value, if the replacement Equipment is acquired substantially contemporaneously with such disposition and is free of Liens.
Make any Disposition, except a Permitted Disposition, Disposition of Equipment under Section 8.4.2, or transfer of Property by a Subsidiary or Obligor to a Borrower.
More Definitions of Permitted Disposition
Permitted Disposition shall have the meaning set forth in SECTION 6.05.
Permitted Disposition means each of the following:
Permitted Disposition shall have the meaning set forth in Section 10.5 hereto.
Permitted Disposition means any of the following so long as no Event of Default exists or will result therefrom:
Permitted Disposition shall have the meaning provided in the Credit Agreement.
Permitted Disposition means any of the following, other than sales of Securitization Assets in a Securitization:
Permitted Disposition means a sale, exchange or other disposition of OP Units (i) by a Protected Partner or Guaranty Partner: (a) to such Protected Partner’s or Guaranty Partner’s children, spouse or issue; (b) to a trust for such Protected Partner or Guaranty Partner or such Protected Partner’s or Guaranty Partner’s children, spouse or issue; (c) in the case of a trust which is a Protected Partner or Guaranty Partner, to its beneficiaries, or any of them, whether current or remainder beneficiaries; (d) to a revocable inter vivos trust of which such Protected Partner or Guaranty Partner is a trustee; (e) in the case of any partnership or limited liability company which is a Protected Partner or Guaranty Partner, to its partners or members; and/or (f) in the case of any corporation which is a Protected Partner or Guaranty Partner, to its shareholders, and (ii) by a party described in clauses (a), (b), (c) or (d) to a partnership, limited liability company or corporation of which the only partners, members or shareholders, as applicable, are parties described in clauses (a), (b), (c) or (d); provided, that for purposes of the definition of Tax Protection Period, such Protected Partner or Guaranty Partner shall be treated as continuing to own any OP Units which were subject to a Permitted Disposition unless and until there has been a sale, exchange or other disposition of such OP Units by a permitted transferee which is not another Permitted Disposition.