Specified Asset Sale definition

Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

Specified Asset Sale means any Asset Sale consummated in reliance on clauses (d), (e), (g), (i), (k) or (s) of Section 9.09.

Specified Asset Sale means any Asset Sale in which the gross cash proceeds received therefrom is at least $1,000,000.

Examples of Specified Asset Sale in a sentence

• The Waterford General Plan establishes Day-Night Average Noise Level (Ldn) standards for various land uses.

• Not later than the first Business Day following the date of receipt by the Parent or any Restricted Subsidiary of any Net Cash Proceeds in respect of any Specified Asset Sale, the Parent shall notify each Administrative Agent of such receipt.

• With regard to the Draft School Organisation Plan and the Darlington Safeguarding Children’s Board, the Quad of Aims for each were approved by Monitoring and Co- ordination Group at their meeting on 20th August, 2012 and the Terms of Reference are now attached for Scrutiny approval ( Appendix 1).

• Notwithstanding anything to the contrary in the foregoing, a Specified Asset Sale shall not constitute a sale, conveyance, transfer or disposal of all or substantially all of the assets of the Company.

• Notwithstanding anything to the contrary in the foregoing, a Specified Asset Sale shall not constitute a sale, lease, or transfer of all or substantially all of the assets of the Company or its subsidiaries, taken as a whole.

More Definitions of Specified Asset Sale

Specified Asset Sale means any Disposition or series of related Dispositions by the Borrower or any of its Subsidiaries outside the ordinary course of business; provided that “Specified Asset Sale” shall not include (i) a Disposition or series of related Dispositions the Net Cash Proceeds of which do not exceed $50,000,000 in the aggregate for such Disposition or series of related Dispositions, (ii) Dispositions by the Borrower to any Subsidiary,

Specified Asset Sale means (i) the Farm Tires Sale or (ii) the sale of all or a portion of the Borrower’s properties in Akron, Summit County, Ohio.

Specified Asset Sale means each asset disposition described in Schedule 8.02 to this Agreement.

Specified Asset Sale means the sale of all or a portion of the Company’s properties in Akron, Summit County, Ohio held on the date hereof.

Specified Asset Sale means the sale of the “DAL Shares” and the “DPF Interests” (each as defined in the Acquisition Agreement, dated as of September 17, 2012, by and between the Company and ITOCHU Corporation) and the other transactions contemplated in connection therewith pursuant to such acquisition agreement.

Specified Asset Sale means (a) any Asset Sale made in reliance on clause (g), (h), (i), or (j) of Section 8.4, (b) any sale by the Parent or any of its Restricted Subsidiaries of any equity interests in any Restricted Subsidiary and (c) any issuance of Stock or Stock Equivalents by any Restricted Subsidiary, in each case of the foregoing clauses (a) through (c), resulting in aggregate Net Cash Proceeds exceeding $25,000,000.00 during any Fiscal Year. The term “Specified Asset Sale” shall not include any Insurance/Condemnation Event.

Specified Asset Sale means any sale, transfer or other disposition by Holdings or any Subsidiary of any asset, division, product line or line of business made to obtain the approval of any applicable antitrust authority in connection with a Permitted Acquisition. In connection with any Specified Asset Sale, Holdings shall have delivered a certificate of a Financial Officer (i) identifying the asset, division, product line or line of business to be sold, transferred or otherwise disposed of and (ii) containing reasonable details of the reason for such sale, transfer or other disposition, in form and substance reasonably satisfactory to the Administrative Agent. For the avoidance of doubt, a Specified Asset Sale may include any existing asset, division, product line or line of business of Holdings or any Subsidiary.