Group Sale definition

Group Sale means a sale or other transfer of the Purchase Space as a direct or indirect interest in the entity that is Landlord together with one or more other commercial office properties or buildings owned by Landlord and/or any Landlord Affiliate to a single purchaser.
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Group Sale means the consummation by the Company (whether directly involving the Company or indirectly involving the Company through one or more intermediaries), in any single transaction or series of related transactions, of a sale or other disposition of assets of the Company which, as of the date of such sale or other disposition, produce or otherwise result in seventy percent (70%) or more of the aggregate revenue of the Laser Products Group to any “person” or related “group” of “persons” (as such terms are used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)). Whether or not a single transaction or a series of related transactions constitutes a “Group Sale” will be determined by the Board in its sole discretion.
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Group Sale means a sale or other transfer of the entire Project as part of a single transaction also involving one or more other commercial office properties or buildings owned by Landlord and/or any Landlord Affiliate, which is located outside of the Project, to a single purchaser.
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Examples of Group Sale in a sentence

  • Any entity not included in the Group Sale shall automatically cease to be a Licensee or Sublicensee hereunder from and after such sale or transfer, without, however, relieving or otherwise affecting any of its obligations with respect to actions or events arising prior to such sale or transfer.

  • Make the payment described in Section 2.6(a) to be made with respect to such Group Sale.

  • From each Effective Time through the Closing Date for each Group Sale, Buyer shall not dismantle and shall keep in operation the computer systems (which term includes the existing e-mail, traffic accounting and wide area network system) currently operating at the Stations included in such Group Sale.

  • At the Group II/III and Group V Closing, a certificate, dated as of such Closing Date, executed on behalf of Seller by the President of Seller (but without personal liability to such officer), certifying to the fulfillment of the conditions set forth in Sections 7.1(a) and 7.1(b) with respect to such Group Sale.

  • At the Group II/III and Group V Closings, a certificate, dated as of such Closing Date, executed on behalf of Buyer by the President of Buyer (but without personal liability to such officer), certifying to the fulfillment of the conditions set forth in Sections 7.2(a) and 7.2(b) with respect to such Group Sale.

  • Subject to the provisions of Section 6.10, duly executed assignments and other conveyancing documents that are sufficient to convey and vest good and, in the case of owned Real Property, marketable, title to the Assets which are part of such Group Sale to the Buyer, free and clear of all Liens, except for Permitted Liens.

  • Any instruments evidencing any Consents and any Estoppel Certificates received with respect to such Group Sale, including any Required Consents.

  • The Banks acknowledge and agree that upon the Agent's receipt of the proceeds referred to in clauses (iii) and (iv) above, the Agent is hereby authorized and directed to (and the Agent hereby agrees to) execute and deliver UCC-3 partial release statements in the States of Florida, Minnesota, and New Jersey to release the Agent's Lien upon the assets sold pursuant to the Retail Group Sale in form reasonably satisfactory to the Agent.

  • Provided that the Information Business Group Sale has not been consummated on or prior to the March 14, 2006, the Borrower shall cause each of BISYS Information Solutions, L.P. and BISYS Document Solutions, LLC to be added as additional Subsidiary Guarantors and to execute and deliver any documents, certificates and legal opinions reasonably requested by the Administrative Agent therewith.

  • As our share of the compensation for your services hereunder, we will pay you, and we authorize you to charge to our account, a sum equal to the Manager's Concession relating to that particular Group Sale or sale to the Dealers.


More Definitions of Group Sale

Group Sale means the Group II/III Sale, the Group IV Sale and the Group V Sale, as the context requires.
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