Business Disposition definition

Business Disposition means the disposition of the outstanding Equity Interests of a Subsidiary or the assets comprising all or a substantial part of a division or business unit or a substantial part of all of the business of Holdings and its Restricted Subsidiaries, taken as a whole.

Business Disposition by any person means the Disposition in a single transaction or series of related transactions by such Person and its Affiliates of (a) any Equity Interests of another Person sufficient to permit such Person and its Affiliates to Dispose of Control of such other Person or (b) all or any substantial portion of the property (including, without limitation, all or a substantial portion of the property comprising a division, unit or line of business (including cash)) of another Person, whether or not involving a merger or consolidation.

Business Disposition means any of the following transactions:

Examples of Business Disposition in a sentence

• Other than in connection with the Trust Business Disposition, Permitted Sale-Leaseback Transactions or one or more transactions contemplated by Sections 6.04(a) or 6.04(b), sell, assign (other than a collateral assignment intended for security), transfer or otherwise dispose of, in one transaction or a series of related transactions, or permit any Material Subsidiary so to do, all or a substantial part of the consolidated assets of the Borrower and the Subsidiaries taken as a whole.

• In the event the TRW Acquisition shall be completed, the Company will cause the TRW Automotive Business Disposition to be completed not later than December 31, 2003.

• If during any test period for which EBITDA is being determined any Business Acquisition or Business Disposition shall have been consummated, then for purposes of clauses (a) and (b) above EBITDA shall be determined on a pro forma basis as if such Business Acquisition or Business Disposition shall have been consummated on the first day of such test period and any Indebtedness incurred or retired in connection therewith had been incurred or retired on such first day.

• Buyer shall cause the Combined Business to be conducted by the Surviving Corporation and one or more other subsidiaries of Buyer; provided, however, that Buyer shall not be prohibited from (i) merging, consolidating or otherwise combining such entities to be combined into a single entity if it so elects, so long as the surviving or resulting entity continues to be a subsidiary of Buyer or (ii) effecting a Combined Business Disposition if Buyer complies with its obligations under Section 1.06(h).

• In 2004, the Social Security Ministry was given responsibility for social security revenue collection, supervision, recording and standards.

More Definitions of Business Disposition

Business Disposition any Disposition of its property or series of related Dispositions of its property or a division or other business unit or segment, or a majority of its voting Capital Stock (whether or not involving a merger or consolidation with any other Person).

Business Disposition any Disposition of property or series of related Dispositions of property that constitutes assets comprising all or substantially all of an operating unit of a business or a product line or constitutes all or substantially all of the ownership interests of a Person.

Business Disposition means the sale or other disposition by the Company or any Restricted Subsidiary (other than to the Company or another Restricted Subsidiary) of:

Business Disposition means the sale, transfer, liquidation or other disposition of all or substantially all of the assets of the digital theater, planetarium and related businesses of the Company to a Person or Persons; or the sale, transfer, or other disposition by the Company of Spitz stock to a Person or Persons; excluding the subsuming of Spitz into the Company;

Business Disposition means any sale, transfer or other disposition (including by way of merger or consolidation) in one transaction or a series of related transactions by the Company or any of its Restricted Subsidiaries to any Person other than the Company or any of its Restricted Subsidiaries of (i) all or substantially all of the Capital Stock of any Restricted Subsidiary or (ii) all or substantially all of the assets of any Restricted Subsidiary or of any division, brand, business unit or line of business of the Company or any Restricted Subsidiary.

Business Disposition means the disposition or series of dispositions related to the same transaction by the Borrower or any Subsidiary of the Borrower of a business or a line of business for an aggregate amount in excess of US$500,000,000.”;

Business Disposition means any sale, transfer or other disposition (including by way of merger or consolidation) in one transaction or a series of related transactions by the Company or any of its Restricted Subsidiaries to any Person other than the Company or any of its Restricted Subsidiary of (i) all or substantially all of the Capital Stock of any Restricted Subsidiary or (ii) all or substantially all of the assets of any Restricted Subsidiary or of any division, brand or line of business of the Company or any of its Restricted Subsidiaries.