Sale Facility definition

Sale Facility means the arrangement under which a Designated Member is required to transfer their shares to the Sale Nominee on the basis that the Sale Nominee is entered in the Register in respect of those Sale Shares, and will sell the Sale Shares for cash to pay the Sale Consideration to the relevant Designated Member;

Sale Facility or “Sale Facilities” shall mean the Xxxxxx Facility, the Athens Facility, the Saginaw Steering Facility, and the Sandusky Facility.

Sale Facility means the facility described in Section 3.3 of the Scheme Booklet.

Examples of Sale Facility in a sentence

• StadCo shall pay to the Authority all reasonable and documented out-of-pocket costs and expenses incurred by the Authority in connection with the administration of the PSL Purchase and Sale Facility including the cooperation required under this Section.

• The EVRAZ Board therefore recommends that EVRAZ Shareholders that are capable of holding RASP Shares take the necessary action to receive the RASP Shares to which they will be entitled and do not participate in the Share Sale Facility.

• U Sale Facility collects metal scraps and sells these to metal recyclers.

• The ADS Depositary has informed the Company that it will call for the surrender of all outstanding Company ADSs and will deliver the relevant Avita US Shares, and any Sale Facility Proceeds (from the sale of fractional entitlements), to ADS Holders upon surrender by them of their Company ADSs and payment of the fee to the ADS Depositary for such surrender.

• For the purpose of this rounding calculation, the Existing Units held by the Sale Nominee under the Sale Facility will be treated as if they represented separate holdings of those Ineligible Foreign Securityholders who transferred those Existing Units to the Sale Nominee, with the rounding calculation applying to each such separate holding.

More Definitions of Sale Facility

Sale Facility shall be an increase in the DIP Facility funded as of the Closing Date in an amount up to the portion of the Purchase Price and shall consist of the amount of the Existing DIP Payment Amounts and the amounts described in Section 3.1(b)(ii), equal to the Fee Payment Cap to pay Fee Claims, U.S. Trustee Fees incurred as a result of Closing disbursements and post-Closing, and Wind Down Budget in an aggregate amount not exceeding $1,500,000, Cure Amounts to the extent not paid from operating funds estimated at $6,731,000 for Mission Critical Vendors plus $123,000 for other executory contract holders, and Priority Claims estimated at $706,000 as agreed by the Buyer and Sellers in the Sale Facility Budget.

Sale Facility means the facility to be established by the Sale Agent under which the Clean TeQ Water Shares to which Ineligible Foreign Shareholders and Selling Shareholders would otherwise be entitled under the Demerger will be transferred to the Sale Agent and sold on their behalf as described more fully in Section 8.6.

Sale Facility or “Sale Facilities” shall mean the Xxxxxx Facility, the Athens Facility, the Saginaw Steering Facility, and the Sandusky Facility. Section 1.183 “Sale Proceeds” shall mean the gross amount received from a third party purchaser for the purchase of any of the Sale Businesses, whether as a going concern or an asset sale, in whole or in part, whether through cash, promissory note, assumption of indebtedness or other valuable consideration, less reasonable amounts actually paid by Delphi for break-up fees or expense reimbursement payments and a success fee for Delphi’s investment banker. Section 1.184 “Sandusky Advance” shall have the meaning ascribed to such term in section 4.04(e)(i) of this Agreement. Section 1.185 “Sandusky Business” shall mean the properties, assets, rights, titles and interests owned by Delphi and its Affiliates that are primarily used or held for use in the wheel bearings business conducted at the Sandusky Facility, including without limitation, the following assets, to the extent used primarily in, or primarily related to, such business: the Sandusky Facility, all personal property, inventory, contracts, administrative assets, permits, intellectual property used primarily in the bearings business which is operated at the Sandusky Facility, technical documentation, goodwill, interests in all joint ventures, if any, and any sale proceeds received or due with respect to a sale of any of the foregoing (excluding de minimis asset sales and sales in the ordinary course of business, including sales of surplus and obsolete machinery and equipment), but excluding: (A) third party assets, including customer bailed assets such as tooling, dunnage, dies and molds, (B) Delphi corporate trademark rights (other than a transitional license to use any trademarks to the extent contained in tooling, molds, equipment, inventory or other stock on hand) and intellectual property which is not used primarily in connection with such business (subject to the non-exclusive license to use such intellectual property described in section 4.06(a)(viii)), (C) cash, cash equivalents and accounts receivable, (D) corporate insurance policies, (E) books and records that are required to be retained by law; provided that, subject to applicable legal requirements, GM and the applicable Business Optionee shall have access at all times to such books and records and such books and records will be retained and not destroyed without providing GM or the applicable Business Option...

Sale Facility means the facility to be established by Sundance and managed by the Sale Agent under which:

Sale Facility means the agreement by ANZ or its nominee to sell the Delivery Parcel for and on your behalf, at your direction, and as your agent, on the Settlement Date in accordance with clause 3.4 of the Terms; SECTIoN 10GlOSSary48 – 49SECTIoN 10

Sale Facility means the facility by which the Sales Agent disposes of certain Beadell Shares held by Ineligible Foreign Shareholders or Electing Small Shareholders;

Sale Facility means the facility to be established by Bionomics and managed by the Sale Agent under which the Neuphoria Shares which otherwise would be received by Ineligible Foreign Shareholders will be sold in accordance with the Scheme and the agreement to be entered into between Bionomics and the Sale Agent in relation to the Sale Facility.