Permitted Transfers definition
Permitted Transfers has the meaning set forth in Section 4.2.17(d).
Permitted Transfers means (a) Dispositions of inventory in the ordinary course of business; (b) Dispositions of property to the Borrower or any Subsidiary; provided, that if the transferor of such property is a Loan Party then the transferee thereof must be a Loan Party; (c) Dispositions of accounts receivable in connection with the collection or compromise thereof; (d) licenses, sublicenses, leases or subleases granted to others not interfering in any material respect with the business of the Borrower and its Subsidiaries; and (e) the sale or disposition of Cash Equivalents for fair market value.
Permitted Transfers shall have the meaning set forth in Section 8.3.
Examples of Permitted Transfers in a sentence
In addition, except for Permitted Transfers, the Underwriter Units (including the underlying securities) will not be transferable, assignable or saleable by the holders thereof or their Permitted Transferees until 30 days after the completion of the Business Combination, provided, however, that in the case of clauses (a) through (f) of the definition of Permitted Transfers, the Permitted Transferees must enter into a written agreement agreeing to be bound by the transfer restrictions of set forth in this.
More Definitions of Permitted Transfers
Permitted Transfers means (a) Dispositions of inventory in the ordinary course of business; (b) Dispositions of property to the Borrower or any Subsidiary; (c) Dispositions of accounts receivable in connection with the collection or compromise thereof; (d) licenses, sublicenses, leases or subleases granted to others not interfering in any material respect with the business of the Borrower and its Subsidiaries; and (e) the sale or disposition of Cash Equivalents for fair market value.
Permitted Transfers has the meaning set forth in Section 2.1(b).
Permitted Transfers has the meaning set forth in Section 5.6.
Permitted Transfers is defined in Section 12.2(b).
Permitted Transfers means (A) dispositions of inventory sold, and Permitted Intellectual Property Licenses entered into, in each case, in the ordinary course of business, (B) dispositions of worn-out, obsolete or surplus property at fair market value in the ordinary course of business; (C) dispositions of accounts or payment intangibles (each as defined in the UCC or the PPSA, as the case may be) resulting from the compromise or settlement thereof in the ordinary course of business for less than the full amount thereof; (D) transfers consisting of Permitted Investments in Wholly-Owned Subsidiaries under clause (H) of Permitted Investments; and (E) other transfers of assets to any Person other than to a joint venture and which have a fair market value of not more than fifty thousand dollars ($50,000) in the aggregate in any fiscal year.
Permitted Transfers means any of the following:
Permitted Transfers means (a) Dispositions of inventory in the ordinary course of business; (b) Dispositions of property to the Borrower or any Subsidiary; provided, that if the transferor of such property is a Loan Party then the transferee thereof must be a Loan Party; (c) Dispositions of accounts receivable in connection with the collection or compromise thereof; (d) licenses, sublicenses, leases or subleases granted to others not interfering in any material respect with the business of the Borrower and its Subsidiaries; (e) the sale or disposition of Cash Equivalents for fair market value; and (f) the sale or disposition of obsolete or unused equipment and other assets in the ordinary course of business.