Total Disposition definition

Total Disposition means (i) one or more mergers, consolidations or other business combinations involving PCT after giving effect to which no shares of PCT Common Stock shall remain outstanding or registered under the Exchange Act, (ii) a sale, transfer or other disposition, in one or a series of transactions, of all or substantially all of the assets of PCT or (iii) a reclassification of PCT Common Stock as the capital stock of any other Person (other than an Affiliate of PCT).
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Examples of Total Disposition in a sentence

  • Such payment shall be made on any date (the "Total Disposition Payment Date") established by the Company, which in no event shall be more than 30 days after the date on which the Total Disposition was consummated.

  • The Company shall also provide to the Trustee an Officers' Certificate as to the occurrence of a Total Disposition setting forth the amount of such payment.

  • Upon the consummation of a Total Disposition, the Company shall pay to the Holder hereof for each VSR represented hereby an amount, if any, as determined by the Accounting Firm, equal to the lesser of (x) the excess, if any, of the Base Amount, determined as of the Total Disposition Payment Date over the Total Disposition Amount and (y) $3.25.

  • In the event that it is determined that no amount is payable on the VSRs to the Holder on an Optional Call Date, the Maturity Date, the Default Payment Date or the Total Disposition Payment Date, as the case may be, the Company shall give to the Holder and the Trustee notice of such determination.

  • As soon as practicable following a Total Disposition, the Company shall give the Holder and the Trustee hereof notice of such Total Disposition and the Total Disposition Payment Date.

  • In case any such mutilated, destroyed, lost or stolen Security has become or is to become due and payable within 15 days, the Company in its discretion may, instead of issuing a new VSR Certificate, pay to the Holder of such Security on an Optional Call Date, the Maturity Date, the Total Disposition Payment Date or the Default Payment Date, as the case may be, all amounts due and payable with respect thereto.

  • Such payment, if any, shall be made on the Optional Call Payment Date, the Maturity Date, the Redemption Payment Date upon a redemption, the Default Payment Date upon the occurrence of an Event of Default or the Total Disposition Payment Date upon the occurrence of a Total Disposition.

  • College Park Land Tract College Park, MD Undeveloped Land 4.7 Acres N/A 06/23/06 Total Disposition Volume: $100.5 million (b) 1,781 apartment homes 8.3 acres of undeveloped land 2006 JOINT VENTURE DISPOSITION ACTIVITY Apartment Dispositions Location Property Type Homes/Acreage Year Built Closing Date ------------ -------- ------------- ------------- ---------- ------------ 1.

  • Camden Ybor City Tampa, FL Multifamily 454 2002 04/13/05 Total Disposition Volume: $98.0 million 886 apartment homes Apartment Dispositions to Joint Ventures Location Property Type Homes Year Built Closing Date ------------------------------- ------------- -------------- ---------- ---------- ------------ 1.

  • Such payment shall be made on any date (the "Total Disposition Payment Date") estab- lished by the Company, which in no event shall be more than 30 days after the date on which the Total Disposi- tion was consummated.

Related to Total Disposition

  • Final disposition means the burial, interment, cremation, removal from the state, or other disposition of a dead body or fetus.

  • Specified Disposition means any disposition of all or substantially all of the assets or Capital Stock of any Subsidiary of the Borrower or any division, business unit, product line or line of business.

  • 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.

  • Involuntary Disposition means any loss of, damage to or destruction of, or any condemnation or other taking for public use of, any property of any Loan Party or any Subsidiary.

  • Qualified disposition means, subject to subparagraphs (iii) and (iv), a disposition after which both subparagraphs (i) and (ii) apply to the subject property: