Disposes definition
Disposes and “Disposed of” shall have correlative meanings.
Disposes means, in relation to any undertaking, property or assets, a sale, transfer, lease or other disposal thereof and “Disposal” shall be construed accordingly; and
Disposes has the meaning correlative thereto.
Examples of Disposes in a sentence
If the Borrower or any of its Restricted Subsidiaries Disposes of any property which results in the realization by such Person of Net Cash Proceeds in excess of $10,000,000 in the aggregate since the Fourth Amendment Effective Date, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of such Net Cash Proceeds within five (5) Business Days following receipt thereof by such Person (such prepayments to be applied as set forth in clause (iv) below).
More Definitions of Disposes
Disposes means, in relation to any share in the capital of Haleon, any disposition of any right or interest in such share and includes: (i) any sale, assignment or transfer of any such share; (ii) creating or permitting to subsist any pledge, charge, mortgage, lien or other security interest or encumbrance in respect of any such share; (iii) creating any trust or conferring any interest in respect of any such share; (iv) any agreement, arrangement or understanding in respect of votes or the right to receive dividends in respect of any such share (other than this agreement); (v) the renunciation or assignment of any right to subscribe or receive any such share or any legal or beneficial interest in any such share; (vi) any agreement to do any of the above; and (vii) the transmission of any such share by operation of Law, or the holder of any such share (or any other member of its Group) entering into or agreeing to any arrangement whatsoever which has a similar economic effect to any such disposition;
Disposes means, in relation to any Share, any disposition of any right or interest in any Share and includes:
Disposes means, for purposes of Paragraph 4(f), any sale or disposition of Shares or, unless otherwise determined by the Plan Administrator, the withdrawal of Shares from the Book Account maintained for a Participant by the Plan Administrator.
Disposes. “Disposed” and “Disposing”) when used with respect to an ESA Party, has the meaning set forth in Article 1 of the applicable Exhibitor Services Agreement; provided that (i) a temporary closure of any Theatre for 180 days or less (or such longer period of time if the closure is the result of an event beyond the control of the ESA Party and so long as the ESA Party is diligently working to re-open the Theatre as soon as reasonably possible), (ii) a sale or closure of any Theatre at or after the end of the term of a lease (whether an initial term or a renewal term) in existence as of the date of this Agreement, (iii) a sale or closure of any Theatre at or after the end of the initial term of any lease entered into after the date of this Agreement, and (iv) any sale or closure of a Theatre that is not a Digitized Theatre in the last 3 years of the term of a lease in existence as of the date of this Agreement, shall not be deemed a Disposition.
Disposes means any sale, lease, transfer, contribution, abandonment or other disposition of any assets by the Borrower or any of its Restricted Subsidiaries, including by means of a merger, consolidation or similar transaction and including any sale, transfer, contribution or other disposition by the Borrower or any of its Restricted Subsidiaries of the Equity Interests of any of the Borrower’s Restricted Subsidiaries (each of the above referred to as a “disposition”), provided that the following are not included in this definition of “Disposition”:
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