Substantially All of the Assets of the Company definition

Substantially All of the Assets of the Company means at least 66 percent of the total gross fair market value of the assets of the Company immediately prior to the acquisition by a non-related third party, determined without regard to any liabilities associated with such assets.
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Substantially All of the Assets of the Company means at least 66 percent of the total gross fair market value of the assets of the Company immediately prior to the acquisition by a non-related third party.
Sample 1Sample 2

Examples of Substantially All of the Assets of the Company in a sentence

  • Merger, Consolidation or the Transfer of All or Substantially All of the Assets of the Company.

  • Upon Sale, Exchange or Other Disposition of All or Substantially All of the Assets of the Company.

Related to Substantially All of the Assets of the Company

  • Assets includes present and future properties, revenues and rights of every description;

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • 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).

  • 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.

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