Examples of Permitted Asset Sale in a sentence
Once notice of redemption is mailed in accordance with Section 3.3, Securities or portions thereof called for redemption become due and payable on the Redemption Date and at the Redemption Price, provided that if a notice of redemption is given in contemplation of a Permitted Asset Sale and such sale does not occur, then this Section 3.4 shall not be applicable.
No Company may sell, assign, lease, transfer or otherwise dispose of any of its assets (including, without limitation, equity interests in any other Company) other than pursuant to a Permitted Asset Sale.
At the time of any such Permitted Asset Sale hereunder in which the aggregate consideration therefor exceeds $10,000,000, EnergySolutions shall provide the Administrative Agent and the Lenders with projections assuming the consummation of the Permitted Asset Sale and demonstrating pro forma compliance with Section 7.7 hereof for the remaining term of this Agreement.
If a Permitted Asset Sale satisfies the requirements of two or more clauses (a) through (f) of the definition thereof, the Company may, at any time and from time to time designate or redesignate such Permitted Asset Sale as a Permitted Asset Sale in any of such clauses and the Company need not classify such Permitted Asset Sale solely by reference to one such clause.
The Department expects to spend approximately $75,000 annually during this five-year total; however, this amount could vary upward or downward depending on need.