Examples of Significant Asset Sale in a sentence
Any additional leave of absence that is requested within the twelve (12) month period must be mutually agreed upon between both the Union and the Employer.
The 8th meeting of the 8th Supervisory Committee was held on 17 September 2017 consideration and approval of Proposal on the Company’s Significant Asset Sale, Proposal on Report of the Company’s Significant Asset Sale (Draft) and its Summary, Proposal on Signing Equity Transfer Agreement and Other Agreements with the Counterparties of the Transaction, Proposal on Conducting Audit or Assessment on Reports Relating to the Company’s Significant Asset Sale.
In addition, solely for purposes of determining the Consolidated Fixed Charge Coverage Ratio, any Indebtedness incurred or repaid in connection with any Permitted Acquisition or Significant Asset Sale and any other Permitted Acquisitions or Significant Asset Sales that have been consummated during the period shall be assumed to have been incurred or repaid at the beginning of such period.
Within five (5) Business Days of any Significant Asset Sale by any one or more Loan Parties, the Revolving Credit Commitments shall automatically and permanently be reduced in an amount equal to the net cash proceeds of such Significant Asset Sale.
Purchase of Securities at Option of the Holder Upon a Significant Asset Sale Triggering Event.