Prohibited Disposition definition

Prohibited Disposition means any disposition of any Assets or the Business (other than in the ordinary course of business) or any change in control of Seller, the Assets or the Business. Seller will immediately notify Buyer if any person makes an offer or inquiry in writing relating to a possible Prohibited Disposition.
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Prohibited Disposition means any disposition of any of the Acquired Companies’ assets or businesses (other than in the Ordinary Course of Business), whether structured as an asset sale, a sale of equity interests, a merger or otherwise, or any similar transaction which would result in a change in control of the Company.
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Prohibited Disposition shall have the meaning set forth in Section 3.05.
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Examples of Prohibited Disposition in a sentence

  • A "Prohibited Disposition" means any disposition of any Assets or the Business (other than in the ordinary course of business) or any change in control of Seller, the Assets or the Business.

  • The Company and Seller will immediately notify Osage if any person makes an offer or inquiry relating to a possible Prohibited Disposition.

  • Seller will not directly or indirectly solicit, ----------- initiate or encourage the submission of a proposal, or participate in any discussions or negotiations, or provide any information regarding a Prohibited Disposition with or to any person other than Buyer and its representatives.

  • Accordingly, if Purchaser seeks to complete or completes a Prohibited Disposition, Servicer shall be entitled to (1) seek equitable relief, including, without limitation, an injunction (without the necessity of posting any bond or surety) to stop or reverse such Prohibited Disposition, and (2) pursue all other remedies Servicer may have at law or in equity.

  • Seller will immediately notify Buyer if any person makes an offer or inquiry in writing relating to a possible Prohibited Disposition.

  • Neither Seller nor Shareholder will directly or indirectly solicit, initiate or encourage the submission of a proposal, or participate in any discussions or negotiations, or provide any information regarding a Prohibited Disposition with or to any person other than Buyer and its representatives.

  • Neither the Company nor Seller will directly or indirectly solicit, initiate or encourage the submission of a proposal regarding a Prohibited Disposition with or to any person other than Osage and its representatives.

  • Between the date hereof and the earlier of Closing or Termination, neither the Sellers, the Acquired Companies or any of their respective Related Persons or Representatives will directly or indirectly solicit, initiate or encourage the submission of a proposal, or participate in any discussions or negotiations, or provide any information regarding a Prohibited Disposition with or to any Person other than Buyer and its Representatives.

  • Seller will immediately notify Buyer if any person makes an offer or inquiry relating to a possible Prohibited Disposition.

  • The Parties agree that any Prohibited Disposition could cause not only financial harm, but also irreparable harm to Servicer, and that money damages may not provide an adequate remedy for such harm.


More Definitions of Prohibited Disposition

Prohibited Disposition has the meaning set forth in Section 6.5.
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Prohibited Disposition shall have the meaning set forth in Section 10.12.
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Related to Prohibited Disposition

  • Permitted Disposition means any of the following:

  • Permitted Dispositions means each of the following:

  • Qualified disposition means, subject to subparagraphs (iii) and (iv), a disposition after which both subparagraphs (i) and (ii) apply to the subject property:

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal:

  • Specified Disposition means any disposition of all or substantially all of the assets or Capital Stock of any Subsidiary of the Borrower or any division, business unit, product line or line of business.