Stock Disposition definition
Examples of Stock Disposition in a sentence
This Note is subject to optional redemption, and may be the subject of an offer to purchase upon the occurrence of a Change of Control Repurchase Event or a Designated Subsidiary Stock Disposition, as further described in the Indenture.
The undersigned Borrower, having been delivered and having reviewed a true and correct copy of the Master Stock Disposition Agreement between Lennox International Inc.
TPEG shall have executed and delivered the Stock Disposition Agreement with Gros▇▇ ▇▇▇ Jaco▇▇▇▇ ▇▇ the form of Exhibit "G" annexed hereto.
Upon a Significant Management Stock Disposition, any Holder of Securities will have the right to cause the Company to repurchase all or any part of the Securities of such Holder at a repurchase price equal to 100% of the principal amount of the Securities to be repurchased plus accrued interest to the date of repurchase as provided in, and subject to the terms of, the Agreement.
Each of the Lenders hereby agrees that it will not effect, and will not permit any of its Affiliates to effect, any Stock Disposition until on or after the later of (x) the first date on which the Registration Statement required to be filed pursuant to the Registration Rights Agreement has become effective and (y) the First Unrestricted Day.
Each of the Holders hereby agrees that it will not effect, and will not permit any of its Affiliates to effect, any Stock Disposition until on or after the later of (x) the first date on which the Registration Statement required to be filed pursuant to the Registration Rights Agreement has become effective and (y) the First Unrestricted Day.
The Stock Right of First Refusal may be exercised in whole by delivery by Newco and/or its assignees of a written notice ("ELECTION NOTICE") delivered to Itochu within ninety (90) calendar days after receiving the Stock Disposition Notice.
To the extent necessary to facilitate the foregoing, Purchaser shall be obligated to sell Liquid Securities received in such Qualifying Stock Disposition.
If the Company or a Subsidiary consummates a sale or other disposition of any Capital Stock of a Designated Subsidiary or a Designated Subsidiary issues Capital Stock, in each case to a Person other than the Company or a Subsidiary, then the Company or the Subsidiary must receive consideration at the time of a Designated Subsidiary Stock Disposition at least equal to the fair market value of such Capital Stock as determined by the Board of Directors (acting in good faith).
The Trust created hereby shall be known as the "ATI Stock Disposition Trust," in which name the Trustee may conduct the activities of the Trust, make and execute contracts and other instruments on behalf of the Trust, and sue ▇▇▇ be sued.