Restricted Sales definition

Restricted Sales means and include the sale or other disposition, whether such sale or disposition is of capital stock or assets, by Holdings or any of its Subsidiaries to any Person other than the Borrower or a Wholly-Owned Subsidiary of the Borrower in one or more transactions of all or substantially all or any substantial portion of the assets (other than (i) inventory and equipment to the extent sold or disposed of in the ordinary course of business and (ii) receivables pursuant to any receivables facilities of the Borrower and its Subsidiaries) of the Nabisco Biscuit Division as constituted on the Effective Date, provided that Restricted Sales shall not include any issuance by Holdings or the Borrower of its capital stock.
Restricted Sales means any sale of any Distribution Product by JohnsonDiversey or any member of the JohnsonDiversey Group which is prohibited by or which would otherwise violate the Brand Licence Agreement dated 3rd May 2002 between JohnsonDiversey and S.C. ▇▇▇▇▇▇▇ & Sons, Inc (as amended from time to time) because it would involve the sale of certain restricted products to certain restricted customers under such agreement.

Examples of Restricted Sales in a sentence

  • If an appraisal is required to establish the Restricted Sales Price, City shall have an additional 30 days to complete the appraisal and close escrow.

  • Not later than 90 days after the notice is given in accordance with Section 23 below to exercise its option pursuant to this Section, City shall purchase the Property at the Restricted Sales Price.

  • If Owner transfers the Residence in a transaction that meets the Eligible Transfer requirements in Section 11, the maximum amount that Owner may receive for the Transfer shall be the Restricted Sales Price and the transfer shall comply with the requirements in Section 11.

  • A Transfer of the Property to an Eligible Purchaser, which complies with the procedures in paragraph C of this Section, for an amount that does not exceed the Restricted Sales Price determined in accordance with Section 9, shall qualify as an “Eligible Transfer”.

  • All of our field technicians are available 24 hours a day, 7 days a week, so we are able to cover early morning, late day, and weekend work with qualified, properly certified technicians.

  • The Indenture imposes certain limitations on, among other things, the ability of the Company to: Incur Indebtedness, make Restricted Payments, Incur Liens, make Restricted Sales, make equity issuances, enter into transactions with Affiliates, or consolidate or merge or transfer or convey all or substantially all of the Company’s assets.

  • Within ninety (90) days of the date of the Exercise Notice, City shall purchase the Residence at the lesser of: (i) the Fair Market Value of the Residence, or (ii) Restricted Sales Price calculated pursuant to Section 12 (“Exercise Price”).

  • Table of Attachments No Name 1 List of Items, Pricing Mechanism, and Lead Times 2 Payment Term Transition Period 3 Restricted Sales or Uses 4 Order Adjustments [***] Information has been omitted and filed separately with the Securities and Exchange Commission.

  • In that event, City shall purchase the Property within 90 days of the date it receives the notice specified in Section 6 above, at the Restricted Sales Price calculated pursuant to the formula set out in Section 9.

  • Owner hereby grants to City the right of first refusal (“Right of First Refusal”) to purchase the Property in the event Owner proposes a Transfer, for an amount equal to the Restricted Sales Price calculated pursuant to Section 9 of this Agreement, in accordance with paragraph B of this Section.

Related to Restricted Sales

  • Restricted Services means services of any kind or character comparable to those Executive provided to the Company during the eighteen (18) month period immediately preceding Executive’s last date of employment with the Company.

  • restricted road means any of the sides or lengths of roads specified on the Plans where waiting is restricted or specific activities are restricted during the restricted hours provided that the expression “restricted road” shall not include any parking place;

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Transfer Restricted Securities means securities that bear or are required to bear the legend set forth in Section 2.06 hereof.

  • Restricted Distribution means as to any Person (a) any dividend or other distribution on any equity interest in such Person (except those payable solely in its equity interests), or (b) any payment (except those payable solely in its equity interests) on account of (i) the purchase, redemption, retirement, defeasance, surrender or acquisition of any equity interests in such Person, or (ii) any option, warrant or other right to acquire any equity interests in such Person.