Certain Asset Sales. Any sale of all, substantially all, or any material portion of, the assets of the Company, if the Designated Preferred Stock will not be redeemed in full contemporaneously with the consummation of such sale; and
Certain Asset Sales. If any “asset sale” is made by the Parent or any Subsidiary that, pursuant to the terms of any outstanding Disqualified Equity Interest or Restricted Debt of the Parent or any Subsidiary, would require, or would give the holders thereof the right to require, the prepayment, redemption or repurchase thereof except to the extent that the net proceeds of such “asset sale” are reinvested or applied to repay Indebtedness or specified categories of Indebtedness and/or reduce lending commitments in respect thereof, then the Parent or applicable Subsidiary shall either make such reinvestment or repayment and/or reduction of lending commitments (in compliance with this Agreement) as necessary so that such redemption, repurchase or prepayment shall not be required.
Certain Asset Sales. Any sale of all, substantially all, or any material portion of, the assets of the Company, if the Senior Securities will not be redeemed in full contemporaneously with the consummation of such sale; and
Certain Asset Sales. The Indenture imposes certain limitations on the ability of the Issuers to sell assets. In the event the proceeds from a permitted Asset Sale exceed certain amounts, as specified in the Indenture, the Issuers generally will be required either to reinvest the proceeds of such Asset Sale in their business, use such proceeds to retire debt, or to make an asset sale offer to purchase a certain amount of Indebtedness, including each Holder's Securities at 100% of the principal amount thereof, plus accrued interest, if any, to the purchase date, as more fully set forth in the Indenture
Certain Asset Sales. Prior to January 1, 1999, the Company will not sell or transfer a substantial portion of the assets of the Company, other than in the ordinary course of business or pursuant to a transaction which is
Certain Asset Sales. Any Asset Sale, other than pursuant to the Asset Purchase Agreement, or the incurrence of any Contractual Obligations with respect to any Asset Sale, by the Borrower or any Subsidiary thereof if the aggregate cash and non cash consideration (including assumption of Debt) in connection with such Asset Sale is (or could reasonably be expected to become) $250,000.00 or more, which notice shall identify the related purchaser(s), the anticipated closing date of such Asset Sale and the aggregate cash and non cash consideration (including assumption of Debt) to be paid in connection with such Asset Sale;
Certain Asset Sales. 1. Hexcel Corporation’s land located in Livermore, California, may be sold in one or a series of transactions.
Certain Asset Sales. If the Borrower at any time shall transfer, assign, sell or otherwise dispose of any material asset or Property pertaining to any Project, other than in accordance with Section 8.12 hereof, then the Borrower shall, promptly upon receipt of the proceeds of any payment relating to such transaction, prepay the Loans in an amount equal to the proceeds of such payment.
Certain Asset Sales. Neither Holdings nor Purchaser shall sell, transfer, lease, convey or otherwise dispose of any of its assets or properties (an “Asset Sale”); provided, however, the foregoing shall not prohibit (a) the transactions contemplated by the Lease Agreement or the First Mortgage, (b) Asset Sales permitted under Section 4.10, or (c) the attachment or granting of any Lien permitted hereunder.
Certain Asset Sales. If the Company engages in a sale of substantially all its assets and Executive is offered comparable employment with the buyer of such assets, the Company and the buyer shall specify in writing at the time of the sale whether Executive has a termination of employment in connection with the sale; provided, however, (i) the buyer must accept assignment of this Agreement in order for the Company to agree that no termination of employment has occurred, (ii) if the buyer and the Company fail to specify whether a termination of employment has occurred, Executive shall be treated as having terminated employment and (iii) any determination of whether a termination of employment has occurred shall be made in accordance with Treas. Reg. 1.409A-1(h)(4).
