Asset Disposal definition

Asset Disposal means any sale, transfer, grant, lease or other disposal of an asset (which for the avoidance of doubt does not include returns to shareholders) by any member of the Controlled Group to a person outside the Controlled Group made after the Signing Date.
Asset Disposal means any asset disposal by the Borrower, except any asset disposal permitted by Clauses (a), (b), (c) and (d) of Section 9.4.7.
Asset Disposal shall have the meaning assigned to such term in Section 6.08(e).

Examples of Asset Disposal in a sentence

  • I do hereby commit to abide by the provisions of the Code of Ethics for persons participating in Public Procurement and Asset Disposal.

  • The Procuring Entity requires compliance with the provisions of the Public Procurement and Asset Disposal Act, 2015, Section 62 “Declaration not to engage in corruption”.

  • The Government of Kenya's Anti-Corruption and Economic Crime laws and their sanction's policies and procedures, Public Procurement and Asset Disposal Act (no.

  • We undertake to adhere by the Code of Ethics for Persons Participating in Public Procurement and Asset Disposal, copy available from (specify website) during the procurement process and the execution of any resulting contract.

  • Declaration and commitment to the Code of Ethics for Persons Participating in Public Procurement and Asset Disposal.


More Definitions of Asset Disposal

Asset Disposal means any sale, transfer, grant, lease or other disposal of an asset (including, but not limited to, a disposal of any interest in any Subsidiary or Affiliate) by any member of the Group to a person outside the Group made after the Signing Date.
Asset Disposal means for the purposes of PCP-17, the disposal of an Authority Asset on behalf of the Authority by the Contractor;
Asset Disposal means any disposal of any assets by any member of the Group after the date of this Agreement other than any disposal of assets permitted in accordance with paragraphs (b), (d) and (e) of sub-clause 20.2.5 of Clause 20.2 (NEGATIVE COVENANTS); "AVAILABILITY PERIOD" means the period commencing on the date of this Agreement and ending 14 days thereafter;
Asset Disposal means a process where Council divests itself of an asset in a systematic and authorised manner as directed by this Policy.
Asset Disposal shall have the meaning specified in Section 4.2(d)(i).
Asset Disposal means any sale, transfer, grant, lease or other disposal of an asset (including, but not limited to, a disposal of any interest in any Subsidiary or Affiliate) by any member of the Group to a person outside the Group made after the Signing Date. "Availability Period" means the period from the Signing Date up to and including the date which is one year less one day after the Signing Date.
Asset Disposal means the removal of a capital asset from service as a result of sale, destruction, loss, or abandonment.