Permitted Consideration definition

Permitted Consideration means cash or other funds immediately available to the Company.

Permitted Consideration means (a) cash or other funds immediately available to the Company or (b) Warrant Shares in the event of a net exercise in accordance with the terms hereof.

Permitted Consideration means each of the following (or any combination thereof):

Examples of Permitted Consideration in a sentence

• The Holder may, at its election exercised in its sole discretion, exercise this Warrant in whole or in part and, in lieu of making a cash payment of Permitted Consideration, elect instead to receive upon such exercise the “Net Number” of shares of Common Stock determined according to the following formula:Net Number = (A x B) – (A x C)BFor purposes of the foregoing formula: A=the total number of Warrant Shares with respectto which this Warrant is then being exercised.

• The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in an Asset Sale unless the Company or such Restricted Subsidiary, as the case may be, receives Permitted Consideration at the time of such Asset Sale at least equal to the Fair Market Value of the assets or Equity Interests issued or sold or otherwise disposed of.

More Definitions of Permitted Consideration

Permitted Consideration means (a) cash, (b) Cash Equivalents, (c) publicly traded equity securities of a Person with a market capitalization (not held by Affiliates of such Person) of at least $500,000,000, or (d) a controlling interest in, or long-term assets used or useful in, a business engaged in a Permitted Business. For purposes of this definition, each of the following will also be deemed to be cash:

Permitted Consideration means consideration consisting of any combination of the following:

Permitted Consideration means, with respect to an Asset Sale, cash, cash equivalents and/or assets that, concurrently with such Asset Sale, become Collateral or Supporting Assets for Collateral.

Permitted Consideration means consideration consisting of any combination of the following: (i) cash or Temporary Cash Investments, (ii) assets used or intended for use in the Company's business as conducted on the date of the Indentures, (iii) any liabilities (as shown on the Company's or such Restricted Subsidiary's most recent balance sheet), of the Company or any Restricted Subsidiary (other than contingent liabilities and liabilities that are by their terms subordinated to the Notes or any guarantee thereof) that are assumed by the transferee of any such assets pursuant to a customary novation agreement that releases the Company or such Restricted Subsidiary from further liability and (iv) any securities, notes or other obligations received by the Company or any such Restricted Subsidiary from such transferee that are immediately converted by the Company or such Restricted Subsidiary into cash (to the extent of the cash received); PROVIDED that the aggregate amount of such notes or other obligations received by the Company and its Restricted Subsidiaries pursuant to (ii) through (iv) above after the date of the Indenture and held or carried at any date of determination shall not exceed $75 million.

Permitted Consideration has the meaning assigned to such term in Section 4.06.

Permitted Consideration has the meaning set forth in Section 10.13.

Permitted Consideration has the meaning set forth in paragraph 5.11(a)(ii);