Asset Sale Transaction definition

Asset Sale Transaction means any Asset Sale and, whether or not constituting an Asset Sale, (1) any sale or other disposition of Capital Stock, (2) any Designation with respect to an Unrestricted Subsidiary and (3) any sale or other disposition of property or assets excluded from the definition of Asset Sale by clause (2) of that definition.

Asset Sale Transaction means the sale or sales, either as a going-concern or in a liquidation, of some or all of the Debtors’ assets under this Plan or as otherwise authorized by order of the Bankruptcy Court or the Bankruptcy Code.

Asset Sale Transaction means any Asset Sale and, whether or not constituting an Asset Sale, (1) any sale or other disposition of Capital Stock and (2) any Designation with respect to an Unrestricted Subsidiary.

Examples of Asset Sale Transaction in a sentence

• The Requisite Term Lenders, the DIP Agent, the Creditors’ Committee, Freddie Mac, Fannie Mae, and Ginnie Mae and their respective advisors shall have the right to review all information, diligence, and materials provided by the Debtors to any bidder or prospective bidder, subject to confidentiality, with respect to the sale and to consult with the Debtors with respect to any potential Sale Transaction, Master Servicing Transaction, or Asset Sale Transaction.

• On February 8, 2019, the Bankruptcy Court entered the Order (I) Approving the Asset Purchase Agreement Among Sellers and Buyer, (II) Authorizing the Sale of Certain of the Debtors’ Assets Free and Clear of Liens, Claims, Interests and Encumbrances, (III) Authorizing the Assumption and Assignment of Certain Executory Contracts and Leases in Connection Therewith, and (IV) Granting Related Relief (ECF No. 2507) (the “Sale Order”), approving the Global Asset Sale Transaction.

• The Debtors shall be authorized to implement the Reorganization Transaction, Asset Sale Transaction or Sale Transaction, as applicable, in the manner most tax efficient to the Reorganized Debtors or Wind Down Estates, as determined by the Debtors in their business judgment, given the totality of the circumstances.

• On February 11, 2019, the Debtors closed the Global Asset Sale Transaction with the Buyer (the “Closing Date”).

• As reported in the Third Report of the Monitor, on August 31, 2012, the Asset Sale Transaction closed and the Monitor delivered its certificate.

More Definitions of Asset Sale Transaction

Asset Sale Transaction has the meaning given to it in Section 5.07.

Asset Sale Transaction means one or more transactions consummated at any time prior to the Asset Sale Expiration Date pursuant to which the Company or any of its Affiliates sells, farms out or otherwise transfers to a third party some or all of the Carved-Out Assets. For the avoidance of doubt, more than one Asset Sale Transaction may occur for purposes of this Certificate of Designation.

Asset Sale Transaction means the sale of a portion of the Company’s assets other than a Sale Transaction consummated on or as soon as is reasonably practicable after the Effective Date; provided such sale shall only be conducted with the consent of the Requisite Term Lenders. Net proceeds of any Asset Sale Transaction shall be “Asset Sale Proceeds.”

Asset Sale Transaction is defined in Section 11(a)

Asset Sale Transaction is defined in Section 6.7.1.

Asset Sale Transaction. Any transaction per below: YieldCo A public or private offering in operating assets held by the YieldCo Entity Portfolio Sale A sale of assets or equity interests by Borrower or its subsidiaries to a third-party equity investor or into a newly-formed entity which is not a wholly-owned entity by Borrower • “Full Portfolio Sale” - transactions resulting in no residual economic interests to SEC • “Minority Portfolio Sale” - transactions resulting in all of the following: i. Borrower retaining at least 50.1% of the economic rights via an equity structure whereby SEC and the new investor are allocated cash-flows on a pro-rata basis and new investor is not allocated cash exceeding 50.0% of available cash (for the avoidance of doubt, a customary tax equity partnership shall be permitted by this clause (i) irrespective of the cash allocations under such partnership); [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

Asset Sale Transaction means the sale of a portion of the Debtors’ assets consummated on or as soon as reasonably practicable after the Effective Date other than (i) a sale in the ordinary course of business, (ii) in connection with the Exit Working Capital Facility, or (iii) a Sale Transaction; provided, that such sale shall be conducted in accordance with the terms of the RSA and the DIP Order.