Planned Asset Sales definition

Planned Asset Sales means the manufacturing facility of Creative in Athens, Tennessee.
Planned Asset Sales means the manufacturing facility of Creative in Athens, Tennessee and the manufacturing facility of Winchester Fabrication Corporation in Winchester, Indiana.
Planned Asset Sales means the Asset Sales identified on Schedule 6.8(a).

Examples of Planned Asset Sales in a sentence

  • During 2012 and 2013, we achieved more than $100 million of run-rate improvement in profitability. Planned Asset Sales with targeted net proceeds of approximately $500 million from the sale of non-core assets.

  • We launched a Profit Enhancement Plan to improve run-rate profitability by $100 million and a Planned Asset Sales program to generate at least $500 million from the sale of non-strategic assets.

  • Pre-Transactions Merge at 1.63 exchange ratio Contemporaneous New Parkway spin-off Completed / Pending Asset Sales Post-Transactions New Parkway Houston 43% ($101mm) Non-Houston 57% ($137mm) Houston 27% ($66mm) Non-Houston 62% ($150mm) ($27mm) New Parkway NOI $167mm2 Cousins NOI $287mm2 NOI = $238mm1 NOI = $243mm1 Completed / Planned Asset Sales 11% Q1 2016 Annualized Pro Rata GAAP NOI Breakdown TRANSACTIONS’ EXPECTED IMPACT 2 Proposed Transactions Structure Parkway Properties, Inc.

  • Vulcan anticipates 2012 EBITDA of approximately $500 million, including $25 million due to the Profit Enhancement Plan, and excluding impacts from Planned Asset Sales and costs associated with the unsolicited exchange offer.

  • Borrower has requested that Agent and Lender (i) waive any default resulting from the December 31, 2004 Defaults; and (ii) in light of the Planned Asset Sales, amend certain provisions of the Loan Agreement relating to certain amortization requirements and financial covenants for fiscal periods occurring during the 2005 Fiscal Year; and Agent and Lender have agreed to provide the waivers and amendments set forth in this Amendment, all on the terms and subject to the conditions set forth herein.


More Definitions of Planned Asset Sales

Planned Asset Sales means sales of vacant land and land and ------------------- buildings in Petaluma, California, land and a building in Wexford, Ireland and future asset sales consummated within twelve months after the Issue Date, which future asset sales shall not have aggregate proceeds in excess of $5.0 million.

Related to Planned Asset Sales

  • Asset Sales means any sale, issuance, conveyance, transfer, lease, assignment or other disposition by any Borrower to any Person (including by means of a sale and leaseback transaction or a merger or consolidation or similar transaction and including any sale or issuance of the equity interests of any Borrower) (collectively, for purposes of this definition, a “transfer”), in one transaction or a series of related transactions, of any assets of any Borrower; provided, that for purposes of this definition, the term “Asset Sale” shall not include:

  • Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.

  • Excluded Asset Disposition means, with respect to any Consolidated Party, any Asset Disposition consisting of (i) the sale, lease, license, transfer or other disposition of inventory or other assets in the ordinary course of such Consolidated Party's business, (ii) the sale, lease, license, transfer or other disposition of Property no longer used or useful in the conduct of such Consolidated Party's business, (iii) any Involuntary Disposition by such Consolidated Party, (iv) any sale, lease, license, transfer or other disposition of Property by such Consolidated Party to any Credit Party, PROVIDED that the Credit Parties shall cause to be executed and delivered such documents, instruments and certificates as the Agent may reasonably request so as to cause the Credit Parties to be in compliance with the terms of Section 7.12 after giving effect to such transaction, (v) any portion of an Asset Disposition by such Consolidated Party constituting a Permitted Investment, (vi) if such Consolidated Party is not a Credit Party, any sale, lease, license, transfer or other disposition of Property by such Consolidated Party to any Consolidated Party that is not a Credit Party, (vii) the sale or disposition of Cash Equivalents for fair market value, (viii) any sale of accounts receivable in connection with the compromise thereof, (ix) the assignment of past due accounts for collection or (x) the licensing of Intellectual Property to third Persons on customary terms as determined by the licensor's board of directors in good faith; PROVIDED, HOWEVER, that the term "Excluded Asset Disposition" shall not include any Asset Disposition to the extent of the portion of the proceeds of such Asset Disposition that would be required under any Junior Financing Documentation to be applied to permanently retire Indebtedness of the Consolidated Parties.

  • Permitted Asset Dispositions means the following Asset Dispositions:

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Retained Assets has the meaning set forth in Section 2.2.

  • Asset Sale means any direct or indirect sale, issuance, conveyance, assignment, transfer, lease (other than operating leases entered into in the ordinary course of business) or other disposition (including pursuant to any Sale and Lease-Back Transaction), other than to the Company or any of its Restricted Subsidiaries, in any single transaction or series of related transactions of:

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Asset Sale Proceeds means, with respect to any Asset Sale,

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • from an Asset Disposition means cash payments received therefrom (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other noncash form), in each case net of:

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Below Threshold Asset Sale Proceeds shall have the meaning assigned to such term in the definition of the term “Cumulative Credit.”

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Permitted Asset Swap means the concurrent purchase and sale or exchange of assets used or useful in a Similar Business or a combination of such assets and cash, Cash Equivalents between the Company or any of its Restricted Subsidiaries and another Person; provided that any cash or Cash Equivalents received in excess of the value of any cash or Cash Equivalents sold or exchanged must be applied in accordance with Section 3.5 hereof.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.