Disposal of Assets definition

Disposal of Assets means any sales operation, disposal, assignment as property, assignment as trust, transfer, or alienation of any kind, whether in a transaction or a series of transactions, of (i) a substantial portion or all assets, goods or rights, present or future, of the Borrower, a substantial portion being *** of the total amount of the assets, goods, or rights of the Borrower based on the total amount of the assets planned in the most recent Financial Statement, and except for the alienation of the vehicles of the Borrower according to the process of annual replacement that the Borrower makes; or (ii) any asset, good or right that were essential to the normal operation of the business of the Borrower; in both cases, without prior notice and written consent of the Majority of Banks. *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Disposal of Assets means, where any member of the Group sells, transfers, leases or otherwise disposes of or is dispossessed by any means of, otherwise than to a wholly-owned member of the Group, the whole or any part (whether by a single transaction or by a number of transactions whether related or not) of its undertaking or property or assets, the undertaking, property or assets sold, transferred, leased or otherwise disposed of or of which it is so dispossessed;

Disposal of Assets means to properly account for the disposal of Tłı̨ chǫ Government owned assets

Examples of Disposal of Assets in a sentence

• The list of submissions and the amount of submissions received shall remain confidential until the opening, at which time information shall be disclosed in accordance to the Procurement of Goods, Services or Construction and Disposal of Assets By-Law.

• Amendments to some of the texts of the "Procedures for Acquisition or Disposal of Assets".

• Proposal No. 4 Description: Amendments to the Company's Procedures for the Acquisition and Disposal of Assets.

• The asset disposal to both trusts is therefore not regarded as a disposal transaction under the Notification of the Capital Market Supervisory Board No. Tor Jor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets and the Notification of The Board of Governors of The Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets B.E. 2547.

• The procedures and practices presented in this SBD have been developed to reflect the requirements of the Public Procurement and Disposal of Assets Act, 2003 and the Public Procurement and Disposal of Assets Regulation, 2014 and best international procurement practices.

More Definitions of Disposal of Assets

Disposal of Assets means the right to sell or otherwise convey, as well as lease, mortgage or change in assets.

Disposal of Assets. Enter into any sale-leaseback transaction, or sell, lease, transfer, or otherwise dispose of all or any substantial portion of its assets, except that Borrower may sell inventory in the ordinary course of business, except a sale and lease back of the Vantare expansion project.

Disposal of Assets. : means the disposal of Assets, including FPSO Assets, whether they are isolated production units or not, through direct selling, according to art. 66 of the LRF and/or in accordance with the rules of competitive process contained in articles 60, main section and sole paragraph, 142 and other applicable provisions of the FRL and article 133, paragraph 1 of the National Tax Code, under the terms of Clauses 3.10 and 3.11 below. The rules of competitive processes, including the description of the specific assets that shall form the isolated production units (“UPIs”), shall be established in the respective notices. The assets and rights that shall make up any UPIs shall be disposed of free of any debts, contingencies and obligations of the Constellation Group and its subsidiaries or related parties, including, without limitation, those of a tax, environmental and labor nature.

Disposal of Assets means the sale, transfer or other disposal of a participation in a company, whereby the relevant Guarantor participation therein is reduced below 50% (fifty per cent.)Delivery Date” has the meaning ascribed to it in Condition 6.3 (Conversion Notice, issuance and delivery of the Shares).

Disposal of Assets means the sale, transfer or other disposal of a participation in a company, whereby the relevant Guarantor participation therein is reduced below 50% (fifty per cent.)

Disposal of Assets means any sale, lease, transfer, issuance, assignment, or other disposition (whether in a single transaction or series of transactions) of (i) property, assets, goods or rights, present or future, of the Borrower and its Subsidiaries, taken as a whole, having a fair market value greater than five percent (5%) of the total amount of the assets, goods, or rights of the Borrower reflected in the Borrower’s most recent consolidated financial statements, and except for the disposal of vehicles of the Borrower in the ordinary course; or (ii) any asset, good or right that is essential to the normal operation of the business of the Borrower or its Subsidiaries; in both cases, without prior notice and written consent of the Majority Holders.

Disposal of Assets without the prior written consent of the Lender, the Borrower or the Guarantor transfers or disposes of, or threatens to transfer or dispose of, a substantial part (as determined in good faith by the Lender) of its respective business or assets;