Permitted Disposal definition

Permitted Disposal means any sale, lease, licence, transfer or other disposal which, except in the case of Disposals as between members of the Group, is on arm’s length terms:
Permitted Disposal means any of the following:
Permitted Disposal means any sale, lease, transfer or other disposal:

Examples of Permitted Disposal in a sentence

  • No Obligor shall (and the Security Group Agent shall procure that no member of the Security Group will) enter into any amalgamation, demerger, merger, consolidation or corporate reconstruction other than a Permitted Transaction or a Permitted Disposal.


More Definitions of Permitted Disposal

Permitted Disposal means any sale, lease, licence, transfer or other disposal:
Permitted Disposal means a Disposal:
Permitted Disposal means any sale, lease, licence, transfer or other disposal which, except in the case of paragraphs (b) and (m), is on arm’s length terms:
Permitted Disposal means any sale, lease, transfer or other disposal that:
Permitted Disposal means any disposal (i) of cash as contemplated by the Transaction Documents; (ii) of any trading stock made on arm’s length terms and in the ordinary course of trading of the Issuer (including any worn out, excess to requirements or obsolete assets); or (iii) arising as a result of any Permitted Security.
Permitted Disposal means a disposal of any or all of the Issuer’s air navigation services division on arm’s length terms; and
Permitted Disposal has the meaning given to that term in Clause 22.6 (Disposals);