PRIVATE DISPOSITION definition

PRIVATE DISPOSITION means any Disposition of Distributed Shares that is not a Public Disposition, and does not result in the Shareholder retaining beneficial ownership of the Distributed Shares. As used in this Agreement, gross proceeds of a Private Disposition shall mean the greater of:
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PRIVATE DISPOSITION means any Disposition that is not a Public Disposition. As used in this Agreement, gross proceeds of a Private Disposition shall mean: (i) the fair market value of all consideration given by the transferee(s) in such Private
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Examples of PRIVATE DISPOSITION in a sentence

  • The public disposition shall be at any place designated by FINOVA, with or without the Collateral being present, and which commences at any time between 8:00 a.m. and 5:00 p.m. (PROVIDED THAT NO NOTICE OF ANY PUBLIC OR PRIVATE DISPOSITION NEED BE GIVEN TO THE BORROWER IF THE COLLATERAL IS PERISHABLE OR THREATENS TO DECLINE SPEEDILY IN VALUE OR IS OF A TYPE CUSTOMARILY SOLD ON A RECOGNIZED MARKET).

Related to PRIVATE DISPOSITION

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • Qualified disposition means, subject to subparagraphs (iii) and (iv), a disposition after which both subparagraphs (i) and (ii) apply to the subject property:

  • Specified Disposition means any disposition of all or substantially all of the assets or Capital Stock of any Subsidiary of the Borrower or any division, business unit, product line or line of business.

  • Financing Disposition means any sale, transfer, conveyance or other disposition of, or creation or incurrence of any Lien on, property or assets by the Company or any Subsidiary thereof to or in favor of any Special Purpose Entity, or by any Special Purpose Subsidiary, in each case in connection with the Incurrence by a Special Purpose Entity of Indebtedness, or obligations to make payments to the obligor on Indebtedness, which may be secured by a Lien in respect of such property or assets.

  • Foreign Disposition has the meaning set forth in Section 2.05(b)(xi).