Sales Procedure definition

Sales Procedure means the sales procedure described in Condition 7(l);
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Sales Procedure. : means, either: (i) a competitive procedure aimed at selling 100% of the Stakes in the Company to a third-party purchaser at the best possible price under subsequent Article 13 (the “Competitive Sales Procedure”); or (ii) only in the case in which the Sales Procedure is initiated by Majority Shareholder C and at the exclusive discretion of the latter, a bilateral negotiation for the sale of 100% of the Shares in the Company to a third-party purchaser (hereinafter, the “Bilateral Sales Procedure”);
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Sales Procedure means the sale and investment solicitation process attached as Schedule "A" to the order of the Court dated March 24, 2023, issued in the Receivership Proceedings;
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Examples of Sales Procedure in a sentence

  • To achieve the risk management goals, the Group observes the rules described in the JSW Group’s Sales Procedure and the rules of the Foreign Exchange Risk Committee at the JSW Group, which monitors the inflow of currencies from deliveries of coal, coke and hydrocarbons.The overriding objective of the principles for managing the risk of coking coal prices adopted by the Group is to reduce the impact of fluctuations in coking coal prices on the Group’s cash flows to an acceptable level.

  • Park notices, including upcoming events, will be posted on the bulletin board.Used Trailer Sales Procedure:All trailer sales must follow the Trailer Sales Procedure, as outlined below.

  • Hungarian Act LXXV of 2011 on Fixing of Exchange Rates Used for Calculation of Instalments of Foreign Exchange Denominated Mort- gage Loans and Forced Sales Procedure of Residential Properties, and other legislative interventions analysed by Judit Fazekas, ‘The ConsumerCredit Crisis and Unfair Terms Regulation – Before and After Kásler’ (2017) 3 EuCML 99.

  • To minimize unnecessary cost and expense, Debtors and Equity Bank agreed to a Sales Procedure approved by the Court on November 16, 2017.

  • Increasing the supply of private sector rental properties available at Local Housing Allowance levels remains a key objective.Close working with our Legal Team to develop and finalise the Enforced Sales Procedure is nearing fruition which will allow us to proceed with the sale of three long term empty properties, we anticipate using this procedure on further properties in the future.A number of projects are currently underway with the YMCA, who still have HCA grant funding.

  • On August 10, 2017, the Court entered an Order Approving Sales Procedure Notice and Bidding Procedures [ECF No. 142] (the “Bidding Procedures Order”).

  • Judicial Sales Procedure If a court orders an interlocutory sale of property over the objection of any interested party, the sale must comply with the provisions of 28 U.S.C. §§ 2001 and 2002.

  • Subject to the entry of the Sales Procedure Order, each of the Sellers has good, valid and marketable title to all of the Assets, free and clear of any Encumbrances (other than any Encumbrances imposed as a result of the Filings or the Bankruptcy Proceedings).

  • Close working with our Legal Team to develop and finalise the Enforced Sales Procedure is nearing fruition which will allow us to proceed with the sale of three long term empty properties, we anticipate using this procedure on further properties in the future.

  • The funds to be received in Brazil by the holders of BDRs not residing in Brazil in connection with the Sales Procedure should not be subject to Income Tax in Brazil, since they are assets located abroad and sold by a non- resident seller.

Related to Sales Procedure

  • Associated Procedures means those procedures and/or statements that have been adopted by the Underwriter, the Adviser, a Fund or the Compliance Department, and which are designed to supplement this Code and its provisions.

  • Sale Procedures Unless otherwise specified in the Supplement, shall mean that, with respect to any sale of one or more Underlying Securities or Related Assets, the Market Agent, on behalf of the Trust, shall sell such Underlying Securities or Related Assets to the highest bidders among not less than two solicited bidders for such Underlying Securities or Related Assets (one of which bidders may include Merrill Lynch & Co. or any Affiliate thereof; provided, however, that xxxxxxr Xxxxill Lynch & Co. nor any of its Affiliates will be under any obligxxxxx xo xxx, and which bidders need not be limited to recognized broker dealers). In the sole judgment of the Market Agent, bids may be evaluated on the basis of bids for a single Underlying Security or Related Asset, a portion of the Underlying Securities or Related Assets, or all of the Underlying Securities or Related Assets being sold or any other basis selected in good faith by the Market Agent.

  • AML/KYC Procedures means the customer due diligence procedures of a Reporting Finnish Financial Institution pursuant to the anti-money laundering or similar requirements of Finland to which such Reporting Finnish Financial Institution is subject.

  • Day Case Procedure means a Medically Necessary surgical procedure for investigation or treatment to the Insured Person performed in a medical clinic, or day case procedure centre or Hospital with facilities for recovery as a Day Patient.

  • Operation Procedures means the procedures contained in Annexure A hereto which the Contractor is obliged to follow when performing work on behalf of the company

  • Settlement Procedures means the Settlement Procedures attached hereto as Exhibit A.

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Staff Vetting Procedure means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • customs procedures means the treatment applied by the customs administration of each Party to goods which are subject to customs control.

  • Settlement Procedures Timetable For offers to purchase Certificated Notes accepted by the Company, Settlement Procedures A through F set forth above shall be completed as soon as possible following the trade but not later than the respective times (New York City time) set forth below: Settlement Procedure Time ---------- ----

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • Surgical procedure means a procedure that is performed

  • Claims processing services means the administrative services performed in connection with the processing and adjudicating of claims relating to pharmacist services that include:

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • railway operational procedures means procedures specified under any access agreement (as defined in the Railways Act 1993) or station lease;

  • Rights Offering Procedures means the procedures governing the Rights Offering, which procedures are attached as an exhibit to the Disclosure Statement, and shall be Acceptable to the Debtors and each of the Required Parties.

  • Direct Ordering Procedure means the ordering procedure set out in paragraph 2 of Schedule 5 (Ordering Procedure) of this Framework Agreement;

  • Professional Fee Order means the order entered by the Bankruptcy Court on July 24, 2008 at Docket No. 227 authorizing the interim payment of Professional Claims.

  • Staff Vetting Procedures means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Dispute Resolution Procedure means the procedure for resolving disputes as set out in Clause 17 (Dispute Resolution);

  • Call Off Procedure means the process for awarding a Call Off Agreement pursuant to Clause 4 (Call Off Procedure) and Framework Schedule 5 (Call Off Procedure);

  • Large Facility Interconnection Procedures or “LFIP”) shall mean the interconnection procedures applicable to an Interconnection Request pertaining to a Large Generating Facility that are included in Attachment X of the NYISO OATT. Standard Large Generator Interconnection Agreement (“LGIA”) shall mean this Agreement, the form of interconnection agreement applicable to an Interconnection Request pertaining to a Large Generating Facility, that is included in Attachment X of the NYISO OATT. System Deliverability Upgrades shall mean the least costly configuration of commercially available components of electrical equipment that can be used, consistent with Good Utility Practice and Applicable Reliability Requirements, to make the modifications or additions to Byways and Highways and Other Interfaces on the existing New York State Transmission System and Distribution System that are required for the proposed project to connect reliably to the system in a manner that meets the NYISO Deliverability Interconnection Standard at the requested level of Capacity Resource Interconnection Service. System Protection Facilities shall mean the equipment, including necessary protection signal communications equipment, required to (1) protect the New York State Transmission System from faults or other electrical disturbances occurring at the Large Generating Facility and (2) protect the Large Generating Facility from faults or other electrical system disturbances occurring on the New York State Transmission System or on other delivery systems or other generating systems to which the New York State Transmission System is directly connected. System Upgrade Facilities shall mean the least costly configuration of commercially available components of electrical equipment that can be used, consistent with Good Utility Practice and Applicable Reliability Requirements, to make the modifications to the existing transmission system that are required to maintain system reliability due to: (i) changes in the system, including such changes as load growth and changes in load pattern, to be addressed in the form of generic generation or transmission projects; and (ii) proposed interconnections. In the case of proposed interconnection projects, System Upgrade Facilities are the modifications or additions to the existing New York State Transmission System that are required for the proposed project to connect reliably to the system in a manner that meets the NYISO Minimum Interconnection Standard. Tariff shall mean the NYISO Open Access Transmission Tariff (“OATT”), as filed with the Commission, and as amended or supplemented from time to time, or any successor tariff. Trial Operation shall mean the period during which Developer is engaged in on-site test operations and commissioning of the Large Generating Facility prior to Commercial Operation.

  • settlement system means any infrastructure whether or not connected to the auction platform that can provide settlement services, which may include clearing, netting, management of collateral, or any other services, which ultimately enable the delivery of allowances on behalf of an auctioneer to a successful bidder or its successor in title, and the payment of the sum due by a successful bidder or its successor in title to an auctioneer, carried out through either of the following:

  • Reconciliation Procedures means those procedures set forth in Section 7.09 of this Agreement.