Restricted Disposal definition

Restricted Disposal means a sale or other disposal of (i) all shares or other ownership interests (including by merger or demerger, as applicable) in any Material Group Company or (ii) all or substantially all of a Material Group Company's (other than SAS Consortium's) assets or operations, in each case to any person not being the Issuer or a Group Company wholly owned (directly or indirectly) by the Issuer.
Restricted Disposal means sale, transfer or disposal of shares in, other assets or operations in the Issuer or any Material Group Company, outside the ordinary course of business, to any person not being the Parent or the Issuer or any of its wholly owned Subsidiaries.
Restricted Disposal means any sale or distribution of any or all of the Senior Creditor SPV Equity or any interest therein. For the avoidance of doubt: (i) where, following a Minority Disposal or Permitted Share Reduction, Senior Creditor SPV ceases to hold a greater than 50% interest in the share capital of New Noble, any further Restricted Disposals shall constitute a Termination Event; and (ii) any Restricted Disposal or Dissolution, notice of which is provided to shareholders of Senior Creditor SPV on or after the date which is twelve months following the Restructuring Effective Date (the “Stability Period”) shall not constitute a Termination Event (except to the extent provided for in paragraphs 8.1(b)(3) and 8.1(b)(4) above) provided that there has been no breach of the Confidentiality Undertaking within the Stability Period in respect of such Restricted Disposal or Dissolution.

Examples of Restricted Disposal in a sentence

  • Each proposed Restricted Disposal shall be notified in writing to the contact persons of the Invitee Shareholder (as set forth in clause 16) and such notification shall include sufficient information regarding the Restricted Disposal to enable the Invitee Shareholder to make an informed assessment of whether to participate in the Restricted Disposal (such notification, the Proposal).

  • Scalabrini Ortiz 3333 - 1st Floor - C.A.B.A. FINANCIAL PERIOD No. 4Financial Statements to December 31, 2008 NOTES TO THE FINANCIAL STATEMENTSAS COMPARED TO THE PREVIOUS PERIOD Note 4 Other Assets – Restricted Disposal AssetsInterest in Canfot S.A. – Share in Escrow as Collateral During the period, the company decided to invest in Canfot S.A., for the purposes in participating in a new real estate project.


More Definitions of Restricted Disposal

Restricted Disposal means any disposal where the nature of the business or asset being disposed of would result in the relevant transaction being a Class 1 Transaction (as such term is defined in the U.K. Listing Rules).

Related to Restricted Disposal

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

  • Permitted Disposition means any of the following:

  • Permitted Dispositions means each of the following:

  • Qualified disposition means a Disposition or a series of related Dispositions in which the consideration received by the Credit Parties is equal to or greater than $50,000,000.

  • Permitted Distribution means any of the following:

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

  • Restricted Distribution means as to any Person (i) any dividend or other distribution on any equity interest in such Person (except those payable solely in its equity interests of the same class) or (ii) any payment on account of (a) the purchase, redemption, retirement, defeasance, surrender or acquisition of any equity interests in such Person or any claim respecting the purchase or sale of any equity interest in such Person or (b) any option, warrant or other right to acquire any equity interests in such Person.

  • Permitted Distributions means the following Distributions:

  • Permitted Debt means any Financial Indebtedness:

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

  • Permitted Dividend has the meaning provided in Section 6.1(d).

  • Permitted Dividends means dividends or distributions made by the Company on its Class A Shares, and, without duplication, the Operating Partnerships to fund such dividends or distributions, annually in an aggregate amount equal to not less than 20% of the Company’s annual Distributable Earnings or more than 30% of Distributable Earnings; provided, that, if the minimum amount of dividends or distributions eligible to be made hereunder would be $1.00 or less per Class A Share, then up to $1.00 per Class A Share (subject to appropriate adjustment in the event of any equity dividend, equity split, combination or other similar recapitalization with respect to the Class A Shares after the Issuance Date).

  • Involuntary Disposition means any loss of, damage to or destruction of, or any condemnation or other taking for public use of, any property of any Loan Party or any Subsidiary.

  • Permitted Restricted Payments means any of the following Restricted Payments made by:

  • Related Entity Disposition means the sale, distribution or other disposition by the Company, a Parent or a Subsidiary of all or substantially all of the interests of the Company, a Parent or a Subsidiary in any Related Entity effected by a sale, merger or consolidation or other transaction involving that Related Entity or the sale of all or substantially all of the assets of that Related Entity, other than any Related Entity Disposition to the Company, a Parent or a Subsidiary.

  • Land disposal facility means the land, buildings and structures, and equipment used for the disposal of radioactive wastes.

  • Permitted Asset Dispositions means the following Asset Dispositions:

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • Land disposal means placement in or on the land, except in a corrective action management unit or staging pile, and includes, but is not limited to, placement in a landfill, surface impoundment, waste pile, injection well, land treatment facility, salt dome formation, salt bed formation, underground mine or cave, or placement in a concrete vault, or bunker intended for disposal purposes.

  • Collateral Disposition means (i) the sale, lease, transfer or other disposition of the Vessel by the Borrower to any Person (it being understood that a Permitted Chartering Arrangement is not a Collateral Disposition) or the sale of 100% of the Capital Stock of the Borrower or (ii) any Event of Loss of the Vessel.

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

  • Restricted Debt has the meaning set forth in Section 6.04(b).

  • 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.

  • restricted goods means any goods the importation, exportation, transfer, or carriage coastwise, of which is prohibited, save in accordance with any conditions regulating such importation, exportation, transfer, or carriage coastwise, and any goods the importation, exportation, transfer, or carriage coastwise, of which is in any way regulated by or under the Customs laws;

  • Permitted Discretion means a determination made in good faith and in the exercise of reasonable (from the perspective of a secured asset-based lender) business judgment.

  • 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: