Common use of Limitation on Disposition of Assets Clause in Contracts

Limitation on Disposition of Assets. Under certain circumstances, the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 5 contracts

Samples: Indenture (Chancellor Radio Broadcasting Co), Chancellor Media Mw Sign Corp, Ackerley Group Inc

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Limitation on Disposition of Assets. Under certain circumstances, the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 5 contracts

Samples: Doe Run Resources Corp, Indenture (Doe Run Resources Corp), Wci Steel Inc

Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities Notes at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 3 contracts

Samples: Indenture (Gaylord Container Corp /De/), Indenture (Gaylord Container Corp /De/), Gaylord Container Corp /De/

Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount Accreted Value thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 1 contract

Samples: Indenture (Capstar Broadcasting Partners Inc)

Limitation on Disposition of Assets. Under certain circumstances, the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% %. of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 1 contract

Samples: Ackerley Group Inc

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Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 1 contract

Samples: Duane Reade Inc

Limitation on Disposition of Assets. Under certain circumstances, circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100102% of the aggregate Accreted Value or principal amount amount, as the case may be, thereof, plus accrued and unpaid interest to the date of repurchasepurchase.

Appears in 1 contract

Samples: Covenants (Duane Reade Inc)

Limitation on Disposition of Assets. Under certain circumstances, ----------------------------------- circumstances the Company is required to apply the net proceeds from Asset Sales to offer to repurchase Securities at a price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid interest to the date of repurchase.

Appears in 1 contract

Samples: Indenture (Chancellor Radio Broadcasting Co)

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