Forced Sale definition

Forced Sale means a sales Transaction processed without an approved electronic Authorization number being obtained for the full amount of the sales Transaction at the time the Transaction is processed.
Forced Sale has the meaning assigned to such term in the recitals to this Agreement.
Forced Sale has the meaning set forth in Section 11.4(a).

Examples of Forced Sale in a sentence

  • Such Forced Sale Value is not a representation of the market value (where applicable).

  • All payments become taxable upon receipt as income from employment and appropriate income tax information slips will be issued as required.

  • An amount equivalent to 50% of the part of the exempted part of the claim reimbursed by the state based on the Act on the Fixing of the Repayment Exchange Rate for Foreign Currency loans and the Procedure for the Forced Sale of Residential Properties is classed as a discount.

  • For the first year following the first Closing Date, our company will be a party to the Initial Forced Sale Agreements with UMB Bank and certain of GK Development's affiliates.

  • Upon an Event of Default, the Forced Sale Rights may be exercised by the Trustee providing written notice of exercise at any time during the term of this Agreement to the Affiliate and the Issuer.


More Definitions of Forced Sale

Forced Sale shall have the meaning specified in Section 13.01.
Forced Sale shall have the meaning set forth in Section 11.2(a) of this Agreement. 1.50
Forced Sale is defined in Section 6.7.2.
Forced Sale is defined in Section 11.5.
Forced Sale means a sale of a parcel with unused development rights in a manner prescribed by law that is conducted under a judgment, order or the supervision of a court of competent jurisdiction, other than a sale arising from a partition action; a sale resulting from foreclosure under the laws of the Commonwealth of Virginia; or, a sale that is not the voluntary act of the owner but is compelled in order to satisfy a debt evidenced by a mortgage, judgment, or a tax lien.
Forced Sale means Payment Card Processing without an approved electronic authorization number being obtained for the full amount of the sales transaction at the time of processing.
Forced Sale means any Transfer of Specified Equity Securities held by any Stockholder (other than a Class B Permitted Holder) pursuant to Section 4 if, upon the consummation thereof, the Company shall continue to be a Xxxxxxxx Controlled Company.