Qualified disposition definition

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

Qualified disposition means a Disposition or a series of related Dispositions in which the consideration received by the Credit Parties is equal to or greater than $50,000,000.

Qualified disposition means that term as defined in section 2 of the qualified dispositions in trust act.

Examples of Qualified disposition in a sentence

• The closing of the repurchase pursuant to the Qualified Disposition Put Option shall take place on a date designated by Holdings, but in any event not later than 270 days after the date of the Qualified Disposition.

• The purchase price for each Common Unit pursuant to the Qualified Disposition Put Option shall be the price per Unit paid to GTCR in connection with the Qualified Disposition, and the purchase price for each Preferred Unit pursuant to the Qualified Disposition Put Option shall be the lesser of (i) the liquidation value of such Unit (plus all accrued and unpaid dividends thereon) and (ii) the price per Unit of such class paid to GTCR in connection with the Qualified Disposition.

• In addition, upon the consummation of a Qualified Disposition, Executive will be entitled to a bonus in an amount equal to 2.0 times the sum of his Annual Base Salary then in effect plus the amount of the bonus paid to Executive for the most recently completed fiscal year, payable in a lump sum on the closing of such Qualified Disposition.

• Within 30 days after the date of the Qualified Disposition, Holdings shall notify Executive of the occurrence of such event and Executive may elect to exercise the Qualified Disposition Put Option by giving written notice to Holdings of such election, setting forth the number of Common Units and/or Preferred Units to be repurchased by Holdings, within 15 days after the date of delivery of Holdings' notice to Executive.

• For each full calendar month following any such Qualified Disposition, the Management Fee shall be reduced by the Applicable Disposition Discount with respect to such Disposed Property.

More Definitions of Qualified disposition

Qualified disposition means a disposition by or from a transferor to any trustee of a trust that is, was, or becomes a legacy trust.

Qualified disposition means a Significant Sale in which the aggregate consideration (including the fair market value of any notes or other evidence of indebtedness) received by GTCR at the closing of such Significant Sale is equal to or greater than 300% of the aggregate net amount invested in Holdings and its Subsidiaries by GTCR on or after July 3, 2000 through the date of such closing.

Qualified disposition means that term as defined in section 2 of the qualified dispositions in trust act, 2016 PA 330, MCL 700.1042.

Qualified disposition means a Disposition or a series of related Dispositions in which the consideration received by the Credit Parties is equal or greater than $100,000,000.

Qualified disposition means, for any NLOP Property, the sale, transfer or other disposition of all of the Company’s direct or indirect interest in and title to such NLOP Property to a third party other than the Company or any of its direct or indirect Subsidiaries.

Qualified disposition means a disposition by a

Qualified disposition means a disposition by or from a transferor with or without consideration, to an Investment Services Trust after the transferor executes a qualified affidavit;