Strategic Disposition definition

Strategic Disposition means any Disposition by the Borrower or a Subsidiary that is made in connection with the implementation of the Strategic Plan.
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Strategic Disposition means the Disposition of substantially all of the assets, in a transaction or series of transactions of any of the entities described in that certain letter dated January 2, 2002, from the Parent to the Agent. Dispositions not meeting the foregoing standards will be treated as a Disposition.
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Strategic Disposition means any Disposition of Collateral Shares for strategic purposes made to a single investor or two or more investors acting together for the purpose of acquiring or holding the Collateral Shares and excluding, for the avoidance of doubt, any Over-the-Counter Disposition.
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Examples of Strategic Disposition in a sentence

  • Notwithstanding the preceding, nothing in this Exhibit E restricts the Borrower from engaging in other dispositions or transactions that are not included in the list above, provided that such dispositions or transactions are otherwise permitted under the Agreement, and in which case such disposition would not be a Strategic Disposition.

  • Any non-cash consideration paid to the Trust or the Certificateholders in connection with a Strategic Disposition Transaction shall consist of Stock, which shall be valued, for purposes of clauses (w) and (y) above, using the average VWAP for the twenty (20) Trading Days immediately preceding the date on which the merger agreement, purchase or sale agreement or similar document is entered into.

  • Notwithstanding anything in this Agreement to the contrary, Seller may institute the Strategic Disposition Incentive Plan (the “SDIP”), a copy of which has been provided to Purchaser, at all or any of the Properties.

  • Notwithstanding the preceding, nothing in this Exhibit E restricts the Borrower from engaging in other Dispositions or transactions that are not included in the list above, provided that such Dispositions or transactions are otherwise permitted under this Agreement, and in which case such Disposition would not be a Strategic Disposition.

  • For the avoidance of doubt, (i) the requirements of the preceding paragraph shall not apply if the Borrower elects to Dispose of any Collateral Shares in an Equity Offering, and (ii) the Borrower shall not, unless otherwise agreed in writing, be obligated to effect any Strategic Disposition though a Lender Broker-Dealer Entity or to pay any fees to a Lender Broker-Dealer Entity in connection therewith.