Dispose or Disposition definition
Dispose or Disposition means the sale, exchange, gift or reassignment of a vehicle by which a dealer relinquishes ownership.
Dispose or Disposition means to directly or indirectly, voluntarily or involuntarily sell, transfer, convey, negotiate, pledge, hypothecate, assign or in any other way dispose of any shares of stock or other securities.
Dispose or Disposition shall have the meaning set forth in the Note Purchase Agreement.
Examples of Dispose or Disposition in a sentence
The term Dispose or Disposition shall mean any sale, lease, transfer or other disposition of the Inventory (including any sale leaseback transaction).
More Definitions of Dispose or Disposition
Dispose or Disposition means, with respect to a Party’s Ownership Share or any portion thereof, the direct or indirect sale, assignment, transfer, conveyance, gift, exchange or other disposition of the legal or beneficial interest in such asset, whether such disposition be voluntary, involuntary or by operation of Law, including the following: (a) in the case of such asset owned by a natural person, a transfer of such asset upon the death of its owner, whether by will, intestate succession or otherwise; (b) in the case of such asset owned by an entity, (i) a merger or consolidation of such entity (other than where such entity is the survivor thereof), or (ii) a sale or distribution of such asset, including in connection with the dissolution, liquidation, winding-up or termination of such entity (unless, in the case of dissolution, such entity’s business is continued without the commencement of liquidation or winding-up); (c) a disposition in connection with, or in lieu of, a foreclosure of an Encumbrance; but such terms shall not include the creation of an Encumbrance.
Dispose or Disposition means the sale, lease or other transfer of Licensed Products.
Dispose or Disposition means the sale, transfer, license, lease or other disposition of any property by any Person (including any sale and leaseback transaction), including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith.