Common use of Asset Sale Offer Clause in Contracts

Asset Sale Offer. The Indenture imposes certain limitations on the ability of the Issuer and its Restricted Subsidiaries to make Asset Sales. In the event the proceeds from a permitted Asset Sale exceed certain amounts and are not applied as specified in the Indenture, the Issuer will be required to make an Asset Sale Offer to purchase to the extent of such remaining proceeds each Holder’s Notes together with holders of certain other Indebtedness at 100% of the principal amount thereof, plus accrued interest (if any) to the Asset Sale Offer Payment Date, as more fully set forth in the Indenture.

Appears in 18 contracts

Samples: Financing Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)

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Asset Sale Offer. The Indenture imposes certain limitations on the ability of the Issuer Company and its Restricted Subsidiaries to make Asset Sales. In the event the proceeds from a permitted Asset Sale exceed certain amounts and are not applied as specified in the Indenture, the Issuer Company will be required to make an Asset Sale Offer to purchase to the extent of such remaining proceeds each Holder’s Notes together with holders of certain other Indebtedness at 100% of the principal amount thereof, plus accrued interest (if any) to the Asset Sale Offer Payment Date, as more fully set forth in the Indenture.

Appears in 15 contracts

Samples: Indenture (Homex Development Corp.), Indenture (Cemex Sab De Cv), Indenture (Homex Development Corp.)

Asset Sale Offer. The Indenture imposes certain limitations on the ability of the Issuer Company and its Restricted Subsidiaries to make Asset Sales. In the event the proceeds from a permitted Asset Sale exceed certain amounts and are not applied as specified in the Indenture, the Issuer Company will be required to make an Asset Sale Offer to purchase to the extent of such remaining proceeds each Holder’s Notes together with holders of certain other Indebtedness at 100% of the principal amount thereof, plus accrued and unpaid interest (if any) thereon to the Asset Sale Offer Payment Date, as more fully set forth in the Indenture.

Appears in 3 contracts

Samples: First Supplemental Indenture (MDC Partners Inc), Indenture (MDC Partners Inc), Indenture (MDC Partners Inc)

Asset Sale Offer. The Indenture imposes certain limitations on the ability of the Issuer Company and its Restricted Subsidiaries to make Asset Sales. In the event the proceeds from a permitted Asset Sale exceed certain amounts and are not applied as specified in the Indenture, the Issuer Issuers will be required to make an Asset Sale Offer to purchase to the extent of such remaining proceeds each Holder’s Notes together with holders of certain other Indebtedness at 100% of the principal amount thereof, plus accrued interest (if any) to the Asset Sale Offer Payment Date, as more fully set forth in the Indenture.

Appears in 2 contracts

Samples: Indenture (Elan Corp PLC), Elan Finance (Elan Corp PLC)

Asset Sale Offer. The Indenture imposes certain limitations on the ability of the Issuer Company and its Restricted Subsidiaries to make Asset Sales. In the event the proceeds from a permitted Asset Sale exceed certain amounts and are not applied as specified in the Indenture, the Issuer will Company shall be required to make an Asset Sale Offer to purchase to the extent of such remaining proceeds each Holder’s Notes together with holders of certain other Indebtedness at 100% of the principal amount thereof, plus of and accrued and unpaid interest (if any) to the Asset Sale Offer Payment Date, as more fully set forth in the Indenture.

Appears in 2 contracts

Samples: Indenture (Alestra), Indenture (Arcos Dorados Holdings Inc.)

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Asset Sale Offer. The Indenture imposes certain limitations on the ability of the Issuer Company and its Restricted Subsidiaries to make Asset SalesDisposisitons. In the event the proceeds from a permitted Asset Sale Disposition exceed certain amounts and are not applied as specified in the Indenture, the Issuer will Company shall be required to make an Asset Sale Offer to purchase to the extent of such remaining proceeds each Holder’s Notes together with holders of certain other Indebtedness at 100% of the principal amount thereof, plus of and accrued and unpaid interest (if any) to the Asset Sale Offer Payment Date, as more fully set forth in the Indenture.

Appears in 1 contract

Samples: Grupo Financiero Galicia Sa

Asset Sale Offer. The Indenture imposes certain limitations on the ability of the Issuer Company and its Restricted Subsidiaries to make Asset SalesDispositions. In the event the proceeds from a permitted Asset Sale Disposition exceed certain amounts and are not applied as specified in the Indenture, the Issuer will Company shall be required to make an Asset Sale Offer to purchase to the extent of such remaining proceeds each Holder’s Notes together with holders of certain other Indebtedness at 100% of the principal amount thereof, plus of and accrued and unpaid interest (if any) to the Asset Sale Offer Payment Date, as more fully set forth in the Indenture.

Appears in 1 contract

Samples: Indenture (Grupo Financiero Galicia Sa)

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