Special Disposition definition

Special Disposition means (i) the delivery of Contributed Units upon the exercise of an Option when the exercise price is paid in cash, (ii) the sale of Contributed Units in a “cashless” exercise of an Option, but only to the extent the proceeds of such sale satisfy the exercise price, (iii) in the case of the exercise of an Option in which the exercise price is satisfied by “netting” the units delivered to the optionee, the sale of Contributed Units equal in number to the netted units, (iv) the sale of Contributed Units with a value substantially equivalent to the deemed aggregate exercise price for any Options cancelled and paid in cash, and (iv) any other disposition of Contributed Units reasonably attributable to the payment of the exercise price of an Option.
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Special Disposition means a Disposition on or prior to December 31, 2001 of the Borrower's U-Wire or eStudent Loan business, all the capital stock of any Subsidiary conducting any such business or substantially all of the assets used in any such business, provided that there has not been any Equity Issuance for cash since the date hereof."
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Special Disposition means any Disposition of assets or series of related Dispositions of assets (excluding sales of inventory in the ordinary course of business).
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Examples of Special Disposition in a sentence

  • Proceeds of any Special Disposition shall be distributed in accordance with Section 4.1(d).

  • Please see Interlocal Agreement for Special Disposition of Public Property for Affordable Housing attached as Exhibit B.

  • Proceeds of any Special Disposition shall be distributed in accordance with this Section 4.1. Proceeds of any other disposition of Contributed Units may be disbursed at the discretion of the General Partner.

  • Notwithstanding any other provision of this Agreement, all (i) distributions attributable to the ownership by the Partnership of Contributed Units and (ii) proceeds of any Special Disposition shall be distributed to the Partners in proportion to their relative Unit Percentages within forty-five days after the end of each quarter.

  • Proceeds of any Special Disposition shall be distributed in accordance with Section 4.1(c).


More Definitions of Special Disposition

Special Disposition means Sale-Leaseback B or the Roadhouse Disposition, in each case if consummated within 270 days after the Closing Date.
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Related to Special Disposition

  • 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.