Canadian Asset Sale definition

Canadian Asset Sale means the sale of the Canadian Assets to Canadian Newco pursuant to the Asset Purchase Agreement, in accordance with the terms of the CCAA Vesting Order, this Plan, the Confirmation Order, and the CCAA Sanction Order, free and clear of all Liens, Claims, interests and encumbrances other than those liabilities that are expressly assumed by Canadian Newco pursuant to the terms of the Asset Purchase Agreement.
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Canadian Asset Sale has the meaning set forth in Section 2.07(a).
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Canadian Asset Sale has the meaning given to such term in the Contribution and Distribution Agreement.
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Examples of Canadian Asset Sale in a sentence

  • Prior to or on the Effective Date, the Debtors or the Reorganized Debtors shall transfer to Canadian Newco the cash necessary to consummate the Canadian Asset Sale.

  • As of the Closing Date, the manager, board of directors, trustee or general partner of the Canadian Purchaser will have duly and validly authorized and declared advisable the consummation of the Canadian Asset Sale and the other Contemplated Transactions to be consummated by the Canadian Purchaser.

  • See Daniel Jacobson, “A Defense of Mill’s Argument for the ‘Practical Inseparability’ of the Liberties of Conscience (and the Absolutism it Entails),” forthcoming in Social Philosophy and Policy, for an argument in favor of the absolutist interpretation of Mill’s defense of freedom of speech, and against these pragmatic and qualified interpretations.

  • No other corporate or other entity proceedings on the part of the Ski Purchaser are necessary to authorize this Agreement, the Financing Documents to which it is a party, the Ski Purchaser Interest Sale, the Ski Purchaser Asset Sale, the Canadian Asset Sale or to consummate the other Contemplated Transactions to be consummated by the Ski Purchaser.

  • No broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the Canadian Asset Sale based upon arrangements made by the Jersey Trustee on behalf of the Jersey Trust.

  • The platting process begins with concept plan approval which was in process.

  • The parties shall use reasonable best efforts to cause the Canadian Asset Sale to be structured in the most mutually Tax-efficient manner; provided, however, that no party will be required to agree to a structure that would reasonably be expected to increase costs, expenses or liabilities expected to be incurred by such party in connection with the transactions contemplated by the Transaction Documents.

  • The Ski Purchaser Manager has duly and validly authorized the execution and delivery of this Agreement and the Financing Documents to which the Ski Purchaser is a party, and declared advisable the consummation of the Ski Purchaser Interest Sale, the Ski Purchaser Asset Sale, the Canadian Asset Sale and the other Contemplated Transactions to be consummated by the Ski Purchaser.

  • Notwithstanding anything to the contrary contained in this Section 3.02, a Tandy Change shall not include any Change insofar as it relates to foreign Taxes arising with respect to the assets sold in the Canadian Asset Sale and relating to the period of time after December 1, 1993.

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More Definitions of Canadian Asset Sale

Canadian Asset Sale has the meaning ascribed thereto in the Transaction Agreement;
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Canadian Asset Sale the meaning ascribed to the term "Asset Sale" in the ------------------- Canadian Credit Agreement.
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Canadian Asset Sale means the proposed sale of Titan’s Canadian assets, including projects located in the Athabasca Basin, Thelon Basin and Cypress Hills, which is expected to close prior to the Effective Date;
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Canadian Asset Sale means the sale of assets pursuant to that certain Canadian Asset Transfer Agreement dated as of December 1, 1993 between Tandy Marketing (Canada) Ltd. and OSI-Missouri. "Change" shall mean any audit, amendment, determination or other change in a Tax Return which changes the amount of Taxes paid or payable by the filer of such Tax Return from the amount shown thereon to be due. "Change of Control" means the occurrence of any one or more of the following events: (i) the acquisition by an individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) (a "Person") of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of either (A) the then outstanding shares of either the common stock of Holdings (the "Outstanding Holdings Stock"), or OSI-Missouri (the "Outstanding OSIM Stock") or (B) the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors of either Holdings (the "Outstanding Holdings Voting Securities") or OSI-Missouri (the "Outstanding OSIM Voting Securities"); or (ii) any acquisition, reorganization, merger, share exchange, consolidation or other transaction involving Holdings or any member of the Holdings Group (each, a "Holdings Merger"), unless, immediately following any such Holdings Merger (a) more than 50% of the then Outstanding Holdings Stock or the then Outstanding Holdings Voting Securities is then beneficially owned, directly or indirectly, by Persons who were the beneficial owners, respectively, of the Outstanding Holdings Voting Securities immediately prior to such Holdings Merger, (b) no Person beneficially owns (within the meaning of Rule 13d-3 promulgated under the Exchange Act) 25% or more of either (1) the then Outstanding OSIM Stock and the then Outstanding OSIV Stock and at least 80% of both the then Outstanding OSIM Voting Securities and the then Outstanding OSIV Voting Securities. "Closing" shall have the meaning ascribed thereto in the preamble to this Agreement. "Closing Date" shall have the meaning ascribed thereto in the preamble to this Agreement. "Code" means the Internal Revenue Code of 1986, as amended, and shall include corresponding provisions of any subsequently enacted federal tax laws. "Contribution" shall have the meaning ascribed thereto in the preamble hereof. "Contribution Agreement" shall have the meaning asc...
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Canadian Asset Sale shall have the meaning set forth in the Recitals.
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Canadian Asset Sale means the potential sale of Titan’s Canadian assets including projects located in the Athabasca Basin, Thelon Basin and Cypress Hills to a third party;
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Related to Canadian Asset Sale

  • Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

  • Prepayment Asset Sale means any Disposition by the Borrower or its Restricted Subsidiaries made pursuant to Section 6.07(h).

  • Collateral Disposition means (i) the sale, lease, transfer or other disposition of the Vessel by the Borrower to any Person (it being understood that a Permitted Chartering Arrangement is not a Collateral Disposition) or the sale of 100% of the Capital Stock of the Borrower or (ii) any Event of Loss of the Vessel.

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Excluded Asset Disposition means an Asset Disposition permitted pursuant to Section 7.05 other than Asset Dispositions pursuant to Sections 7.05(vii), (xiii), and (xv).

  • Asset Sale means any sale, issuance, conveyance, transfer, lease or other disposition (including, without limitation, by way of merger, consolidation or sale and leaseback transaction) (collectively, a “transfer”), directly or indirectly, in one or a series of related transactions, of:

  • Canadian Subsidiaries means the Subsidiaries (other than the Canadian Parent) organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • from an Asset Disposition means cash payments received therefrom (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other noncash form), in each case net of:

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Excluded Equity Issuance means (i) any issuance of Equity Interest by a member of the Restricted Group to another member of the Restricted Group, (ii) any issuance of Equity Interests by the Borrower pursuant to an equity incentive or compensation plan or pursuant to a dividend reinvestment or share purchase plan, and (iii) any issuance of Equity Interest in Parent to acquire limited partnership interests in PREIT.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Permitted Asset Dispositions means the following Asset Dispositions, provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • REO Disposition Proceeds All amounts received with respect to an REO Disposition pursuant to Section 4.16.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined on a consolidated basis in accordance with GAAP in good faith by a Responsible Officer.

  • Canadian Obligations means all amounts, indemnities and reimbursement obligations, direct or indirect, contingent or absolute, of every type or description, and at any time existing, owing by the Canadian Borrowers to the Global Agent, the Revolver Agent, any Canadian Lender or each LC Issuer pursuant to the terms of this Agreement or any other Loan Document (including, but not limited to, interest and fees that accrue after the commencement by or against any Credit Party of any insolvency proceeding, regardless of whether such interest and fees are allowed claims in such proceeding).

  • Foreign Borrowing Base means, as of any date, an amount equal to: