Designated Asset Sale definition

Designated Asset Sale the sale, transfer or other disposition of any Capital Stock of any Designated Subsidiary, or issuance of any Capital Stock of any Designated Subsidiary, in each case to a Person other than the Company or a Wholly Owned Subsidiary of the Company.

Designated Asset Sale means the sale, conveyance, transfer or other disposition, whether in a single transaction or a series of related transactions, of Designated Assets (including by way of a sale and lease-back transaction and including the disposition of Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer or any of their respective Restricted Subsidiaries such that, on a pro forma basis, after giving effect to such sale, conveyance, transfer or other disposition (and the repayment, prepayment, purchase or other retirement (if any) of any Indebtedness of Holdings or any of its Restricted Subsidiaries related to such transaction), the Specified Inventory Ratio of Holdings and its Restricted Subsidiaries is greater than 2.00 to 1.00; provided, however, that the aggregate amount of all Designated Asset Sales shall not exceed $150.0 million since the Reference Date.

Designated Asset Sale means the sale, conveyance, transfer or other disposition, whether in a single transaction or a series of related transactions, of Designated Assets (including by way of a Sale and Lease-Back Transaction and including the disposition of Capital Stock of any Subsidiary) of the Company or any Subsidiary.

Examples of Designated Asset Sale in a sentence

• Enter into any Designated Asset Sale, if, after giving effect to such Designated Asset Sale, the Company shall own, directly or indirectly, Capital Stock of any Designated Subsidiary representing less than a majority of (a) the Capital Stock of such Designated Subsidiary, (b) the Capital Stock of such Designated Subsidiary entitled to vote generally in the election of directors or (c) the right to receive dividends or other distributions from such Designated Subsidiary.

• If they, on average, visit physicians with a relatively high propensity to prescribe, this could bias our findings of the effects of ADHD medication downward.

• Upon the commencement of a Designated Asset Sale Offer or an Asset Sale Offer, the Issuer will send, by first class mail, a notice to the Trustee and each of the Holders.

• The offer price in any Designated Asset Sale Offer or Asset Sale Offer will be equal to 100% of the principal amount of the Notes and such Pari Passu Indebtedness plus accrued and unpaid interest on the Notes and such Pari Passu Indebtedness to, but excluding, the date of purchase and will be payable in cash.

• The notice will contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Designated Asset Sale Offer or the Asset Sale Offer, as applicable.

More Definitions of Designated Asset Sale

Designated Asset Sale means the sale, conveyance, transfer or other disposition, whether in a single transaction or a series of related transactions, of Designated Assets (including by way of a sale and lease-back transaction and including the disposition of Capital Stock of any Subsidiary) of Holdings, U.S. Holdings, the Issuers or any of their Restricted Subsidiaries such that, on a pro forma basis, after giving effect to such sale, conveyance, transfer or other disposition (and the repayment, prepayment, purchase or other retirement (if any) of any Indebtedness of Holdings or any of its Restricted Subsidiaries related to such transaction), the Specified Inventory Ratio of Holdings and its Restricted Subsidiaries is greater than 2.00 to 1.00; provided, however, that the aggregate amount of all Designated Asset Sales shall not exceed $150.0 million since the Reference Date.

Designated Asset Sale the sale, lease or other Disposition of all those certain real estate assets of the Parent Borrower, NorthStar Realty, NorthStar Asset Management or any of their Subsidiaries described in Section 6.18 of the Merger Agreement.

Designated Asset Sale as defined in Section 8.6(k).

Designated Asset Sale means each asset sale that is described on Schedule 1.01(a) hereto.

Designated Asset Sale means an Asset Sale with respect to an asset identified on Schedule 2.5(d), whether consummated prior to, on or after the Effective Date. Schedule 2.5(d) sets forth the amount of Net Cash Proceeds received by the Obligors with respect to any Designated Asset Sales consummated prior to the Effective Date.

Designated Asset Sale means, following the issuance of the Securities, the first sale of assets of the Issuer and its Subsidiaries, in a single transaction or a series of related transactions, which assets generated net sales of at least $200.0 million and earnings before interest, taxes and depreciation and amortization of at least $24.0 million for the fiscal year ended September 29, 2002.

Designated Asset Sale any Disposition of any of the assets listed on Schedule 7.5.(g) attached hereto.