DISPOSITION PROPERTIES definition

DISPOSITION PROPERTIES means, collectively: (a) Security Industrial Insurance Company; (b) the properties of the Debtors described in paragraph 11 of the Bankruptcy Court's "Order (A) Approving Global Bid Procedures Program and (B) Authorizing Debtors to Grant Pre-Approved Bid Protections to Prospective Purchasers" dated January 21, 2000; (c) the properties of the Debtors described in paragraph 3 of the Bankruptcy Court's "Order Establishing Procedures for Transactions Involving Certain Miscellaneous Assets" dated August 25, 1999; and (d) any other assets of the Debtors designated by the Debtors as "Disposition Properties" on or prior to the Effective Date.

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DISPOSITION PROPERTIES means those Properties (other than Woodlands) which are currently the subject of a bona fide contract of sale to a third party, as indicated on SCHEDULE A.

DISPOSITION PROPERTIES means, collectively: (a) Security Industrial Insurance Company; (b) the properties of the Debtors described in paragraph 11 of the Bankruptcy Court's "Order (A) Approving Global Bid Procedures Program and (B) Authorizing Debtors to Grant Pre-Approved Bid Protections to Prospective Purchasers"

Examples of DISPOSITION PROPERTIES in a sentence

• If Licensee sells, transfers, or disposes of, or enters into a binding agreement to sell, transfer or dispose of, substantially all of European Properties (“Disposition Properties”), for the purposes of this Amendment, the Cumulative Rooms Converted targets shall be adjusted and reduced to reflect all rooms and properties related to such Disposition Properties.

• If the Company, pursuant to the Company Notice, accepts such offer to purchase all of the Disposition Properties, the Company and the Executive shall close the sale of the Disposition Properties within forty-five (45) days after receipt of the Company Notice by the Executive, subject to any applicable waiting period prescribed by law, rule or regulation.

• If the Company does not provide a Company Notice to the Executive within such 15-day period, the Company shall be deemed to have irrevocably waived its rights under this Section 17 to acquire the Disposition Properties described in the Right of First Refusal Notice.

• For the avoidance of doubt, the disposition of the Disposition Properties shall be subject to compliance with Sections 2.04(d), 2.13(d) and 7.05 as if such disposition had not been made in exchange for the Acquisition Properties.

• Payment is determined from benefits defined to us by your insurance company.

• No Branch Property or any Subpartnership's interest in any Property is subject to any outstanding agreements of sale, options or other rights of third parties to acquire any interest therein, except for the Disposition Properties, the Permitted Exceptions and this Agreement.

More Definitions of DISPOSITION PROPERTIES

DISPOSITION PROPERTIES means those Properties listed on Schedule 1(g) which are currently owned in fee simple by the Partnerships and which such Partnerships intend to dispose of prior to or after the Closing.

DISPOSITION PROPERTIES means collectively: (a) Security Plan Life Insurance Company, a Louisiana corporation f/k/a Security Industrial Insurance Company, (b) the properties of the Credit Parties described in paragraph 11 of the Bankruptcy Court's "Order (A) Approving Global Bid Procedures Program and (B) Authorizing Debtors to Grant Pre-Approved Bid Protections to Prospective Purchasers" dated January 21, 2000, (C) the properties of the Credit Parties described in paragraph 3 of the Bankruptcy Court's "Order Establishing Procedures for Transactions Involving Certain Miscellaneous Assets" dated August 25, 1999, and (D) any other assets of the Credit Parties designated by the Credit Parties as Disposition Properties on or prior to the "Effective Date" (as such term is defined in the Plan of Reorganization), provided that, the Credit Parties cannot designate any Designated Real Estate Property as a "Disposition Property". DOCUMENTS shall have the meaning given to such term in the UCC. EBITDA shall mean all earnings before all interest, tax obligations and depreciation and amortization expense of the Borrower for such period, all determined in conformity with GAAP on a basis consistent with the latest audited financial statements of the Borrower, but excluding the effect of extraordinary and/or nonrecurring gains or losses for such period. ELIGIBLE AT-NEED ACCOUNTS RECEIVABLE shall mean the gross amount of the Credit Parties' At-Need Accounts Receivable, that are subject to a valid, exclusive, first priority and fully perfected security interest in favor of the Collateral Agent, for the benefit of Agent and the Lenders, which conform to the warranties contained herein and which, at all times, continue to be acceptable to the Agent in the exercise of its reasonable judgment, LESS, without duplication, the sum of:

DISPOSITION PROPERTIES has the meaning specified in Section 6.1(a).

DISPOSITION PROPERTIES means the properties listed on Schedule which are under Contract for sale or are being held or developed for resale; and the"Disposition Contracts" means the Contracts described on Schedule relating to the disposition of certain Disposition Properties.