Planned Asset Sales definition

Planned Asset Sales means the manufacturing facility of Creative in Athens, Tennessee.
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Planned Asset Sales means sales of vacant land and land and ------------------- buildings in Petaluma, California, land and a building in Wexford, Ireland and future asset sales consummated within twelve months after the Issue Date, which future asset sales shall not have aggregate proceeds in excess of $5.0 million.
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Planned Asset Sales means the Asset Sales identified on Schedule 6.8(a).
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Examples of Planned Asset Sales in a sentence

  • During 2012 and 2013, we achieved more than $100 million of run-rate improvement in profitability. Planned Asset Sales with targeted net proceeds of approximately $500 million from the sale of non-core assets.

  • We launched a Profit Enhancement Plan to improve run-rate profitability by $100 million and a Planned Asset Sales program to generate at least $500 million from the sale of non-strategic assets.

  • These enhancements would be in addition to the $55 million in run-rate overhead reductions achieved through actions in 2011.In addition, Vulcan continues to implement the Planned Asset Sales announced in February and the Company is pleased with the level of interest and activity surrounding the process.

  • Vulcan anticipates 2012 EBITDA of approximately $500 million, including $25 million due to the Profit Enhancement Plan, and excluding impacts from Planned Asset Sales and costs associated with the unsolicited exchange offer.

  • These strengths, combined with our completed restructuring initiative, our Profit Enhancement Plan and Planned Asset Sales, position Vulcan well for significant long-term growth and increasing profitability.

  • We believe the Profit Enhancement Plan and Planned Asset Sales will enable us to generate higher levels of earnings and cash flows, strengthening our credit profile and giving our Board the flexibility to restore a competitive dividend, which is an important goal for our Company.Balance Sheet Restructuring and Credit FacilityIn May 2011, Vulcan completed a $1.1 billion bond offer- ing that was well received by the market.

  • Any proposed amendment to these rules, properly presented to the Board of Commissioners, shall take immediate effect when adopted, unless the Board at the time of adoption, stipulates otherwise.

  • Borrower has requested that Agent and Lender (i) waive any default resulting from the December 31, 2004 Defaults; and (ii) in light of the Planned Asset Sales, amend certain provisions of the Loan Agreement relating to certain amortization requirements and financial covenants for fiscal periods occurring during the 2005 Fiscal Year; and Agent and Lender have agreed to provide the waivers and amendments set forth in this Amendment, all on the terms and subject to the conditions set forth herein.

  • During 2012 and 2013, we achieved more than $100 million of run-rate improvement in profitability.▪ Planned Asset Sales with targeted net proceeds of approximately $500 million from the sale of non-core assets.


More Definitions of Planned Asset Sales

Planned Asset Sales means the manufacturing facility of Creative in Athens, Tennessee and the manufacturing facility of Winchester Fabrication Corporation in Winchester, Indiana.
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Related to Planned Asset Sales

  • Asset Sales means any sale or disposition of assets of the Company or any of its Subsidiaries or series of related sales or dispositions of assets of the Company or any of its Subsidiaries (other than the sale of inventory in the ordinary course of business).

  • Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.

  • Excluded Asset Disposition means an Asset Disposition permitted pursuant to Section 7.05 other than Asset Dispositions pursuant to Sections 7.05(vii), (xiii), and (xv).

  • Permitted Asset Dispositions means the following Asset Dispositions, provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition:

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

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

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Retained Assets has the meaning set forth in Section 2.2.

  • Asset Sale means any sale, issuance, conveyance, transfer, lease or other disposition (including, without limitation, by way of merger, consolidation or sale and leaseback transaction) (collectively, a “transfer”), directly or indirectly, in one or a series of related transactions, of:

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Asset Sale Proceeds means, with respect to any Asset Sale,

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • from an Asset Disposition means cash payments received therefrom (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other noncash form), in each case net of:

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Material Disposition means any Disposition of property or series of related Dispositions of property that yields gross proceeds to the Borrower or any of its Subsidiaries in excess of $1,000,000.

  • 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.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Permitted Asset Swap means the substantially concurrent purchase and sale or exchange of Related Business Assets or a combination of Related Business Assets and Cash Equivalents between the Issuer or any of its Restricted Subsidiaries and another Person; provided that any Cash Equivalents received must be applied in accordance with Section 4.10 hereof.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.