Fire sale definition

Fire sale means any sale held out in such a manner as to reasonably cause the public to believe that the sale will offer goods damaged or altered by fire, smoke, water or other means.
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Fire sale prices; it means handing capital assets over to the new buyers as bargains. That hardly achieves what the critics want, especially as in many cases the new buyers may be more committed to the political policies under criticism than the original investors were. This problem is an insolvable one.
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Fire sale. Discount" or "Going Out Of Business" signs; or signs, advertising media or changes to the Premises which may be seen from the outside of the Premises. All exterior signs and Alterations to the Premises will be set forth in Tenant's plans and specifications made a part hereof. Upon request, Tenant shall immediately remove any sign, advertising material, lettering or any other object placed in, on, or about the Premises contrary to the foregoing rules and regulations. If Tenant fails to do so, Landlord may without liability enter the Premises and remove same at Tenant's expense.
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Examples of Fire sale in a sentence

  • Fire sale risk is the risk of rapid asset sales of securities held by cash lenders when a dealer defaults.

  • Fire sale risk is the risk of rapid sales of assets in large amounts that temporarily depress market prices of such assets and create financial instability.

  • Fire sale ratio can be defined as the extent to which the total net AUM of the fund could be easily absorbed, in a stressed market scenario, by the daily trading volume of the underlying asset class.

  • Under the definitions part, the ACJHR amending Protocol adds other terminologies that are not included under the Merger Protocol.

  • Fire sale discounts during industry-wide distress are driven by divestment of the core assets subject to industry-wide distress, small divesting firms, and divestments by financially constrained firms that are likely to be forced to sell assets under pressure from creditors.

  • Fire sale costs increase with the relative size of the divested asset, again suggesting liquidity discounts for the sale of larger assets.We find evidence in support of the financing hypothesis that asset sales are more beneficial to firm stockholders during periods of overlapping firm-level and economy-wide distress.

  • Fire sale dynamics of illiquid (higher risk aversion) assets therefore become more pronounced than for liquid (lower risk aversion) assets.

  • When Lehman Brothers was not bailed out, investors inferred that government support of banks could not be taken for granted and withdrew wholesale money market funding.– Fire sale externalities: If financial institutions react to problems by selling assets, they exert downward pressure on the prices of those assets.

  • The Selway Fire sale is located on state land with virtually identical slope and soil conditions as nearby federal land that the Forest Service previously determined to be unsuitable for road building and logging in 1964 due to grave concerns about erosion and landslides into the Selway River and nearby streams, because of the steepness of the terrain and soil type.

  • A person holding permits for more than one location may advertise wines for sale at any or all such locations in the same advertisement.(d) Fire sale prohibited.

Related to Fire sale

  • Share Sale means the sale of (or the grant of a right to acquire or to dispose of) any of the shares in the capital of the Company (in one transaction or as a series of transactions) which will result in the purchaser of those shares (or grantee of that right) and persons Acting in Concert with him together acquiring a Controlling Interest in the Company, except where following completion of the sale the shareholders and the proportion of shares held by each of them are the same as the shareholders and their shareholdings in the Company immediately prior to the sale;[“Significant Transaction” means any transaction or series of transactions involving a transfer or licensing of some or all of the rights in relation to some or all of the assets of the Company, including without limitation licensing agreements and business and asset sale and purchase agreements pursuant to which the net payment(s) to the Company is at least £[insert];] [Note: to include for a Special Dividend][“Special Dividend” has the meaning set out in Article 4.13;] [Note: include if required]

  • Delivery sale means any sale of a vapor product to a

  • Retail transaction means the purchase of prepaid wireless telecommunications service from a seller for any purpose other than resale.

  • Private Sale means the 23,562,677 Backstop Consideration Shares purchased directly by the Rights Offering Sponsors.

  • Bidders from a country which shares a land border with India for the purpose of this Order means:

  • Bidder from a country which shares a land border with India for the purpose of this Order means: -

  • Initial Business Combination means the acquisition by the Company, whether through a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or similar type of transaction, of one or more business or entities (“Target Business” or “Target Businesses”), whose collective fair market value is equal to at least 80% of the balance in the Trust Account and resulting in ownership by the Company or the holders of IPO Shares of at least 51% of the voting equity interests of the Target Business or Businesses or all or substantially all of the assets of the Target Business or Businesses;

  • TERMINATION OF THE INITIAL PUBLIC OFFERING means the earlier of (i) the date on which the Initial Public Offering expires or is terminated by the Company or (ii) the date on which all shares of stock offered in the Initial Public Offering are sold, excluding warrants, if any, offered thereunder and shares that may be acquired upon exercise of such warrants and shares offered thereunder that may be acquired pursuant to the Reinvestment Plan.

  • Sale as used in this paragraph shall have the meanings ascribed thereto by governing law and any interpretation thereof contained in rules or regulations promulgated by the Securities and Exchange Commission thereunder.

  • Permitted Sale means those sales, transfers or assignments permitted by the Credit Agreement.

  • Separately invested asset means an account or fund of a district that is not invested in a pooled fund group.

  • COMMENCEMENT OF THE INITIAL PUBLIC OFFERING means the date that the Securities and Exchange Commission declares effective the registration statement filed under the Securities Act for the Initial Public Offering.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Public Vehicle means a Person whose securities are listed and traded on a national securities exchange and shall include a majority owned subsidiary of any such Person or any operating partnership through which such Person conducts all or substantially all of its business.

  • Qualified Initial Public Offering means any initial public offering of securities by the Company pursuant to an effective Registration Statement covering the sale of such securities, pursuant to which the Company shall actually receive aggregate net cash proceeds (not subject to any contingencies) equal to no less than $50,000,000.

  • Shelter-in-place means staff and children staying at the fa- cility due to an external threat such as a storm, chemical or gas leak or explosion, or other event that prohibits the occupants from safely leaving the facility.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Permitted Sale Leaseback means any Sale Leaseback consummated by the Borrower or any of the Restricted Subsidiaries after the Original Closing Date, provided that any such Sale Leaseback not between (a) a Credit Party and another Credit Party or (b) a Restricted Subsidiary that is not a Credit Party to another Restricted Subsidiary that is not a Credit Party is consummated for fair value as determined at the time of consummation in good faith by (i) the Borrower or such Restricted Subsidiary and, in the case of any Sale Leaseback (or series of related Sales Leasebacks) the aggregate proceeds of which exceed $100,000,000, (ii) the board of directors of the Borrower or such Restricted Subsidiary (which such determination may take into account any retained interest or other Investment of the Borrower or such Restricted Subsidiary in connection with, and any other material economic terms of, such Sale Leaseback).

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Initial Public Offering means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Permitted Merger shall have the meaning set forth in Section 3.01.

  • Sale of the Painting means the transfer of title and ownership of the Painting to an un-Affiliated third-party and receipt by the Company of value therefor as determined by the Board.

  • Asset Transfer means a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • Stock Sale means a transaction or series of related transactions in which a Person, or a group of related Persons, acquires from stockholders of the Company shares representing more than fifty percent (50%) of the outstanding voting power of the Company.

  • Malt beverage or "malt liquor" means any beverage such as

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.