Disposition Procedures Sample Clauses
Disposition Procedures. Sub-Recipient may dispose of the equipment when the original or replacement equipment acquired under the grant award is no longer needed for the original project or program. Items with a fair market value of less than $5,000 may be retained, transferred or otherwise disposed of with prior approval of Recipient and in accordance with disposition requirements in 2 C.F.R. Part 200. Items with a current per unit standard federal or fair market value in excess of
Disposition Procedures. (a) From the date hereof until the Termination Date, the Sellers agree to sell the BE Aerospace Shares on such terms and conditions (and only on such terms and conditions), and at such times and utilizing such underwriters and brokers, as shall be directed and approved by the Purchaser in a written notice (a "Sale Notice") delivered to each Seller in accordance with Section 5. The Sellers agree not to sell any BE Aerospace Shares prior to the Termination Date other than pursuant to a Sale Notice.
(b) Each Sale Notice (i) shall specify the terms upon which a sale is to be made, including price (which may be a range), date, and method of sale (underwritten offering, broker or private sale) and (ii) shall be delivered to each Seller or to the Escrow Agent (as applicable) no later than 12:00 Noon, one Business Day prior to the date of the proposed sale.
(c) The Purchaser shall have no obligation under Section 2 with respect to any sale of BE Aerospace Shares (i) to any Affiliate of any Seller, or (ii) in connection with any transaction in violation of clause (a) of this Section 3.
Disposition Procedures. Unless otherwise directed by RECIPIENT, DHS and/or FEMA, SUBRECIPIENT may dispose of the equipment when the original or replacement equipment acquired under the grant award is no longer needed for the original project or program, or for other activities currently or previously supported by a federal awarding agency. However, SUBRECIPIENT must notify RECIPIENT via Chatter in Salesforce prior to disposing of any equipment purchased with grant funds. Items with a fair market value of less than $10,000 may be retained, transferred, or otherwise disposed of with prior approval of NCEM and in accordance with disposition requirements in 2 CFR 200.313. Unless otherwise directed by NCEM, DHS and/or FEMA, items with a current per unit standard federal or fair market value in excess of $10,000 may not be retained, transferred, or otherwise disposed of without prior NCEM approval in accordance with disposition requirements in 2 CFR 200.313. SUBRECIPIENT must provide documentation that includes the method used to determine current fair market value.
Disposition Procedures. Notwithstanding the foregoing:
(a) If the Seller desires to sell any Purchaser Shares on the NYSE using any broker other than Donaldson, Lufkin & Jenrette ("DLJ"), then the Purcha▇▇▇'▇ ▇▇▇ig▇▇▇▇▇▇ under Sectio▇ 1.02 shall be effective only if the Seller sells at least 50,000 Purchaser Shares on the NYSE and the resulting sale or sales occur only in amounts not greater on any given day than 25% of the average daily trading volume for Purchaser Common Stock during the four calendar weeks immediately prior to such sale or sales. The Purchaser acknowledges and agrees that not all 50,000 Purchaser Shares must be sold on the same trading day in order to comply with this clause (a), but rather such Purchaser Shares may be sold over any number of trading days so long as all such Purchaser Shares were placed in the hands of a broker at the same time for orderly sale on the NYSE.
(b) If the Seller desires to sell any Purchaser Shares on the NYSE using DLJ, then the Purchaser's obligations under Section 1.02 shall be effective only if the Seller sells at least $50,000 Purchaser Shares on the NYSE and the resulting sale or sales occur only in amounts not greater on any given day than 25% of the average daily trading volume for Purchaser Common Stock during the subject to adjustment for any Stock Event four calendar weeks immediately prior to such sale or sales; provided, however, that if DLJ believes that a greater number of Purchaser Shares may be sold on any given day without adversely affecting the price of or otherwise disrupting the market for Purchase Common Stock, then such greater number may be sold. The Purchaser acknowledges and agrees that not all 50,000 Purchaser Shares must be sold on the same trading day in order to comply with this clause (b), but rather such Purchaser Shares may be sold over any number of trading days so long as all such Purchaser Shares were placed in the hands of DLJ at the same time for orderly sale on the NYSE.
(c) If the Seller desires to sell any of the Purchaser Shares not on the NYSE at a price below the Guaranteed Value, then the Seller must give to the Purchaser prior written notice (the "Seller Sale Notice") of its intention to sell not less than 50,000 Purchaser Shares at a price and to the person or persons specified in the Seller Sale Notice. If the Purchaser provides to the Seller written notice (the "Purchaser Response Notice") within one business day after receipt by the Purchaser of the Seller Sale Notice identifying ...
Disposition Procedures. Pursuant to the rules and regulations of the Public Housing Authority and the Management Agreement, Tacolcy has established the following policy and procedures which are followed in the disposition of the property’s personal property. Personal property shall not be sold or exchanged for less than its fair market value. Personal property in the value of $1,000.00 or more shall be sold at public sale. Personal property shall not be destroyed, abandoned, or donated without prior written approval of the Regional Property Manager or TPMC. However, if the property has no scrap or salvage value, and a purchaser cannot be found, a statement shall be prepared by the Property Manager listing the prospective bidders solicited and the efforts made to sell the property, together with recommendations to the Regional Property Manager as to the manner of disposition. The statement shall be submitted to TPMC for approval action on the disposition.
Disposition Procedures. 1. The District Representative, or in his/her absence, the Alternate, will be informed of any employees up for disposition before the change is made or the employees notified. Provisions outlined below will be followed when an employee is up for disposition.
a. At a time of decrease in workload, the least senior employees on the positions affected will be removed and will be considered to be up for disposition. An employee who has been replaced is also considered to be
