Asset Disposition Offer definition

Asset Disposition Offer has the meaning set forth in Section 4.16.

Asset Disposition Offer in respect thereof, then in either such case the Borrower shall immediately pay or cause to be paid to the Administrative Agent an amount equal to such “Excess Proceeds” to be applied to the payment of the Loans and L/C Borrowings and to Cash Collateralize the remaining L/C Obligations in the manner set forth in Section 2.05(b) in such amounts as shall excuse the Borrower from making any such “Asset Disposition Offer.”

Asset Disposition Offer has the meaning specified in Section 3.3 hereof.

Examples of Asset Disposition Offer in a sentence

• Upon completion of any Asset Disposition Offer, the amount of Excess Proceeds shall be reset at zero.

• Upon completion of such Asset Disposition Offer, the amount of Excess Proceeds shall be reset at zero.

• The notice shall contain all instructions and materials necessary to enable such Holder to tender Notes pursuant to the Asset Disposition Offer.

• For the purposes of calculating the aggregate principal amount of any such Indebtedness not denominated in euro, such Indebtedness shall be calculated by converting any such aggregate principal amounts into their euro equivalent determined as of a date selected by the Issuer that is within the Asset Disposition Offer Period (as defined below).

• The Company will publicly announce the results of the Asset Disposition Offer on the Asset Disposition Purchase Date.

More Definitions of Asset Disposition Offer

Asset Disposition Offer has the meaning assigned to such term in Section 9.06.

Asset Disposition Offer has the meaning specified in Section 3.3.

Asset Disposition Offer has the meaning assigned to such term in Section 2.07(b)(ii).

Asset Disposition Offer. Attributable Debt" "Commodity Agreement" "Consolidated EBITDA" "Consolidated Fixed Charges" "Consolidated Net Income" "Consolidated Net Tangible Assets" "Consolidated Net Worth" "Consolidated Subsidiary" "Currency Agreement" "Disqualified Stock" "Efficiency Program" "Indebtedness" "Interest Protection Agreement" "Investments" "Lien" "Net Cash Proceeds" "Net Income" "Offer Amounts" "Offer Period" "Permitted Indebtedness" "Permitted Joint Venture" "Permitted Liens" "Permitted Payments" "Permitted Working Capital Indebtedness" "Prohibited Investment" "Property" "Purchase Date" "Refinancing Indebtedness" "Restricted Payment"

Asset Disposition Offer has the meaning specified in Section 5(b)(iii) hereof.

Asset Disposition Offer. (as defined in any Indenture Documentation, or any similar concept in any Indenture Documentation) in connection with such “Asset Disposition,” and the Borrower shall have failed to so commit or to so apply an amount equal to such “Excess Proceeds” at least 60 days before the applicable Commitment Date or Application Date, as the case may be, or (ii) if the Borrower at any other time shall have failed to apply or commit or cause to be applied an amount equal to any such “Excess Proceeds,” and, within 60 days thereafter assuming no further application or commitment of an amount equal to such “Excess Proceeds” the Borrower would otherwise be required to make an “Asset Disposition Offer” in respect thereof, then in either such case the Borrower shall immediately pay or cause to be paid to the Administrative Agent an amount equal to such “Excess Proceeds” to be applied to the payment of the Loans and L/C Borrowings and to Cash Collateralize the remaining L/C Obligations in the manner set forth in Section 2.05(b) in such amounts as shall excuse the Borrower from making any such “Asset Disposition Offer.”

Asset Disposition Offer shall have the meaning set forth in Section 4.09(b).