Permitted Sale. Subject to the provisions of the Articles, Section 2.2 shall not apply to prevent a sale by any Shareholder of Multiple Voting Shares if concurrently an offer is made to purchase Subordinate Voting Shares that:
Permitted Sale. The Selling Stockholders and any Tagging Person who exercises its Tag-Along Right with respect to a proposed Tag-Along Sale pursuant to this Section 2.2 may sell the Shares and the shares of Series A Preferred Stock subject to the Tag-Along Offer with respect to such Tag-Along Sale on the terms and conditions set forth in such Tag-Along Notice within sixty (60) days following the date of the effectiveness of the Tag-Along Notice.
Permitted Sale. The Agents and the Required Lenders hereby acknowledge and agree that the sale of the inventory and furniture, fixtures and equipment located at 567 of the Domestic Borrowers’ retail store locations and distribution centers pursuant to the 2009 Agency Agreement, as approved by the US Bankruptcy Court pursuant to that certain Order Approving Agency Agreement, Store Closing Sales and Related Relief by the US Bankruptcy Court dated January 16, 2009, is a Permitted Sale under the DIP Credit Agreement.
Permitted Sale. If FMC declines the Initial Offer or does not timely deliver its Purchase Notice to the Xxxxxxxxx Parties, the Xxxxxxxxx Parties may, during a period of 120 calendar days after FMC notifies Xxxxxxxxx Inc. that it has declined the Initial Offer or after the end of the 30 day period that FMC may respond to the Initial Offer, as such 90-day period may be extended to obtain any necessary regulatory approvals, sell all (but not less than all) of the Right Securities to any Person (a “Third-Party Sale”) for a price equal to or greater than the price set forth in the Initial Offer, and, if any other material terms are identified in the Initial Offer, on those terms (or those terms modified in a manner which would be no less favorable to FMC). If, at the end of such period, as such period may be extended to obtain any required regulatory approvals, the Xxxxxxxxx Parties have not completed the sale of the Right Securities in accordance with the foregoing, the restrictions in this Article III shall remain in effect with respect to the Right Securities.
Permitted Sale. If at the end of the respective 30-day periods (or shorter period ending with a voluntary statement from the Company as contemplated by paragraph (b) or a voluntary statement from each of the Shareholders as contemplated by paragraph (c)) the offers contained in the Notice have not been accepted by (i) the Company or (ii) any Shareholder, the Seller shall have 90 days (or such longer time period necessary to comply with governmental regulations, in any event not to exceed 150 days) in which to transfer the Preferred Shares, on terms and conditions not more favorable to the buyer than, and for a price equal to or higher than, as set forth in such Notice. If, at the end of such period, the Seller has not completed the transfer of all such Preferred Shares as aforesaid, all the restrictions on such transfer contained in this paragraph 13 shall again be in effect with respect to any such Preferred Shares not transferred by the Seller.
Permitted Sale. (a) Section 2.2(a) will not apply to prevent a sale by the Class B Shareholder of Class B Shares pursuant to a takeover bid if the sale is made pursuant to an offer to purchase Class B Shares and a concurrent offer is made to all holders of Class A Shares to purchase the same percentage of Class A Shares as the percentage of Class B Shares that are offered to be purchased from the Class B Shareholder at a price per share at least as high as the highest price per share paid pursuant to the takeover bid for the Class B Shares, and provided that the concurrent offer is the same as the offer for Class B Shares in all other material respects and has no condition, if any, attached other than the right not to take up and pay for shares tendered if no shares are purchased pursuant to the offer for Class B Shares.
Permitted Sale. If the Company does not accept the Partial Sale Offer by the Partial Sale Right of First Refusal Expiration Time and close on the Partial Sale Offer in accordance with its terms, then Vicis shall have the right to sell such Securities on the same terms and conditions set forth in the Partial Sale Offer (a “Permitted Partial Sale”), free and clear of the Company’s rights under this Agreement (including this right to be made the Partial Sale Offer and the Option). In addition, upon completion of a Permitted Partial Sale, this Agreement (including this right to be made the Partial Sale Offer and the Option) shall be deemed to have expired.
Permitted Sale. See Section 7.4. Person: Any individual, corporation, partnership, limited liability company, joint venture, trust or unincorporated organization or any government or any agency or political subdivision thereof. Plan: At any time, an employee pension or other benefit plan that is subject to Title IV of ERISA or subject to the minimum funding standards under Section 412 of the Code and is either (a) maintained by any Borrower or any of its Subsidiaries or any member of the Controlled Group for employees of any Borrower or any of its Subsidiaries or any member of the Controlled Group or (b) if such Plan is established maintained pursuant to a collective bargaining agreement or any other arrangement under which more than one employer makes contributions and to which any Borrower or any of its Subsidiaries or any member of the Controlled Group is then making or accruing an obligation to make contributions or has within the preceding five Plan years made contributions. Preapproved Acquisitions: The Holiday House Acquisition and the [*] Acquisition. Preapproved Real Estate Acquisitions: [*] Projections: See Section 4.11. ----------- [*] Omitted pursuant to Rule 24b-2
Permitted Sale. (a) Subject to the following provisions of this Section 5.2, Tech, Ltd. shall be permitted to sell all or any part of the Intellectual Property at any time after July 1, 2007. If Tech, Ltd. Receives a bona fide offer to purchase all or any part of the Intellectual Property (the Intellectual Property that is the subject of the proposed purchase is referred to herein as the "Subject Property") from an independent third party other than TCRI or VISI, Tech, Ltd. shall provide written notification of such offer to TCRI and VISI. Commencing on the date of TCRI's receipt of such written notice from Tech, Ltd. ("Trigger Date"), TCRI shall have the right to purchase the Subject Property on the terms and conditions set forth in Paragraph 5.2(b) below. If, within ten (10) calendar days following the Trigger Date (the "Notice Period"), TCRI does not provide written notice to Tech, Ltd. and VISI that it is exercising its purchase right, then TCRI's right of purchase shall terminate and VISI shall have the right to purchase the Subject Property. If, within five (5) calendar days after the expiration of the Notice Period, VISI does not provide written notice to Tech, Ltd. that it is exercising its purchase right, then VISI's right of purchase shall terminate and Tech, Ltd. shall be permitted to sell the Subject Property to the third party that offered to purchase the Subject Property.
Permitted Sale. 16 Person........................................................................33
