Common use of Limitation on Disposition of Assets Clause in Contracts

Limitation on Disposition of Assets. The Company is, subject to certain conditions, obligated to make an offer to purchase Notes at 100% of their principal amount plus accrued and unpaid interest to, but not including, the date of repurchase with the Net Cash Proceeds of certain sales or other dispositions of assets in accordance with the Indenture.

Appears in 3 contracts

Samples: Dana Inc, Dana Inc, Dana Inc

AutoNDA by SimpleDocs

Limitation on Disposition of Assets. The Company is, subject to certain conditionsconditions and certain exceptions, obligated to make an offer Offer to purchase Purchase Notes at a purchase price equal to 100% of their the principal amount thereof, plus accrued and unpaid interest tothereon, but not includingif any, to the date Purchase Date (subject to the right of repurchase Holders of record on the Interest Relevant Record Date to receive interest due on the relevant Interest Payment Date) with the Net Cash Proceeds proceeds of certain sales or other dispositions of assets in accordance with the Indentureasset dispositions.

Appears in 2 contracts

Samples: Polymer Group Inc, Bedding Experts Inc

Limitation on Disposition of Assets. The Company is, subject to certain conditionsconditions and certain exceptions, obligated to make an offer to purchase the Notes at a purchase price equal to 100% of their the principal amount thereof, plus accrued and unpaid interest tothereon, but not includingif any, to the date of repurchase such purchase (subject to the right of Holders of record on the relevant Interest Record Date to receive interest due on the relevant Interest Payment Date) with the Net Cash Proceeds proceeds of certain sales or other dispositions of assets in accordance with the Indentureasset dispositions.

Appears in 2 contracts

Samples: Activant Solutions Inc /De/, Cooperative Computing Inc /De/

Limitation on Disposition of Assets. The Company is, subject to certain conditionsconditions and certain exceptions, obligated to make an offer Offer to purchase Purchase Notes at a purchase price equal to 100% of their the principal amount thereof, plus accrued and unpaid interest tothereon, but not includingif any, to the date Purchase Date (subject to the right of repurchase Holders of record on the relevant Interest Record Date to receive interest due on the relevant Interest Payment Date) with the Net Cash Proceeds proceeds of certain sales or other dispositions of assets in accordance with the Indentureasset dispositions.

Appears in 2 contracts

Samples: Supplemental Indenture (Polymer Group Inc), Polymer Group Inc

Limitation on Disposition of Assets. The Company is, subject to certain conditions, obligated to make an offer Offer to purchase Purchase Notes at a purchase price equal to 100% of their the principal amount thereof, plus accrued and unpaid interest tothereon, but not includingif any, to the date Purchase Date (subject to the right of repurchase Holders of record on the Interest Relevant Record Date to receive interest due on the relevant Interest Payment Date) with the Net Cash Proceeds proceeds of certain sales or other dispositions of assets in accordance with the Indentureasset dispositions.

Appears in 1 contract

Samples: Tanner Chemicals Inc

AutoNDA by SimpleDocs

Limitation on Disposition of Assets. The Company is, subject to certain conditionsconditions and certain exceptions, obligated to make an offer Offer to purchase Purchase Notes at a purchase price equal to 100% of their the principal amount thereof, plus accrued and unpaid interest tothereon, but not includingif any, to the date Purchase Date (subject to the right of repurchase Holders of record on the Interest Record Date to receive interest due on the relevant Interest Payment Date) with the Net Cash Proceeds proceeds of certain sales or other dispositions of assets in accordance with the Indentureasset dispositions.

Appears in 1 contract

Samples: Indenture (Nbty Inc)

Limitation on Disposition of Assets. The Company is, subject to certain conditions, obligated to make an offer Offer to purchase Purchase Notes at a purchase price in cash equal to 100% of their the principal amount thereof, plus accrued and unpaid interest tothereon, but not includingif any, to the date Purchase Date (subject to the right of repurchase Holders of record on the Interest Relevant Record Date to receive interest due on the relevant Interest Payment Date) with the Net Cash Proceeds proceeds of certain sales or other dispositions of assets in accordance with the Indentureasset dispositions.

Appears in 1 contract

Samples: Amo Holdings LLC

Limitation on Disposition of Assets. The Company is, is subject to certain conditions, obligated to make an offer to purchase Notes at 100% of their principal amount plus accrued and unpaid interest to, but not including, to the date of repurchase with the Net Cash Proceeds net cash proceeds of certain sales or other dispositions of assets in accordance with the Indentureassets.

Appears in 1 contract

Samples: Indenture (Sheffield Steel Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.