Sale of the Series Artwork definition

Sale of the Series Artwork means, as to each Series, the transfer of title and ownership of the Series Artwork held by the applicable Series to an un-Affiliated third-party and receipt by the applicable Series of value therefor as determined by the Board.

Examples of Sale of the Series Artwork in a sentence

  • The Administrator may withdraw for any reason upon notice to the Initial Member, provided that such withdrawal shall be effective only following a Sale of the Series Artwork as to each Series then existing and distribution of the proceeds.

Related to Sale of the Series Artwork

  • Record series means a group of records that may be treated as a unit for purposes of designation, description, management, or disposition.

  • Series A Notes is defined in Section 1.

  • Series B or “Series B Equipment Notes” means Equipment Notes issued and designated as “Series B Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series B Equipment Notes” and bearing interest at the Debt Rate for Series B Equipment Notes specified in Schedule I to the Indenture.

  • Final Maturity Date means March 31, 2022.