Asset Dispositions definition

Asset Dispositions has the meaning specified in Section 5.02(e).

Asset Dispositions has the meaning given in Section 8.5.

Asset Dispositions a collective reference to the Holdings I LP Asset Disposition, the Holdings II LP Asset Disposition and the OC/SD JV LLC Asset Disposition.

Examples of Asset Dispositions in a sentence

• The Company shall deliver to the Fiscal Agent and Charge Agent an officer’s certificate executed by an officer of the Company confirming that an amount equal to, or greater than, the cash proceeds from such Asset Dispositions shall be applied towards Permitted Payments within 365 days of receipt.

• To the extent the Company does not invest an amount equal to or greater than the cash received in the framework of such Asset Dispositions within 365 days of the date of receipt of such cash, the Company shall be required to make an Excess Proceeds Offer in accordance with the time periods set forth in Condition 5.

• To the extent cash is received by the Company in the framework of Asset Dispositions, the Company shall apply within 365 days an amount equal to or greater than the cash received in the framework of such Asset Dispositions to: (x) fund capital expenditures of the Company or other investments in long-term assets of the Company and/or (y) to redeem or otherwise repay secured indebtedness or other indebtedness secured by the Floating Charges of the Company (the “Permitted Payments”).

More Definitions of Asset Dispositions

Asset Dispositions means, subject to the Asset Letter, any disposition, whether by sale, lease, assignment or other transfer of (a) any of the assets of the Borrower or its Domestic Subsidiaries (other than a Receivables Subsidiary), including, without limitation, pursuant to any Permitted Factoring Arrangements and any Receivables Securitization Program, and (b) any of the assets of a Foreign Subsidiary pursuant to a Foreign Sale-Leaseback Transaction.

Asset Dispositions means the disposition whether by sale, lease, transfer, damage, condemnation or otherwise of any of the assets of the Borrower or any Subsidiary other than: (i) the sale of inventory in the ordinary course of business, (ii) the dispositions of unnecessary, obsolete or worn-out equipment, and (iii) the disposition by one Subsidiary of assets to the Borrower or to any other Subsidiary in a transaction permitted by Section 6.03(a).

Asset Dispositions and such provisions applicable to such Capital Stock specifically provide that the Issuer and its Restricted Subsidiaries will not repurchase or redeem any such stock pursuant to such provisions prior to the repurchase of such Securities as are required to be repurchased pursuant to the covenant described under "Asset Dispositions."

Asset Dispositions means the sale of the Xxxx jet owned by ITC Service Company and the Stock Dispositions.

Asset Dispositions. Consolidated Tangible Assets", "Fiscal Year", "Note Registration" and "Sale and Leaseback Transaction" shall each bear the meaning given to such term in the Exit Financing Indenture as set out in Appendix A (Change of Control and Asset Disposition provisions of the Exit Financing Indenture) or as such definitions in the Exit Financing Indenture may be amended from time to time provided that no amendment to any such definition shall be taken into account for the purposes of this sub-clause 18.9.3 until such time as the Agent shall have received a copy of the amended definitions and such other information in relation thereto as the Agent may reasonably request.

Asset Dispositions means, collectively, a transaction of merger, reorganization, or consolidation, or transfer, sell, assign, lease, or otherwise dispose of all or any part of its property, or wind up, liquidate or dissolve.

Asset Dispositions is defined in Section 8.2.8.