Asset Sale

Asset Sale. Means a transaction covered by the provisions of clause (A)(ii) of the definition of "Fundamental Transaction" in connection with which the Company has announced its intention to liquidate and distribute its assets to its stockholders.

Asset Sale. Means the sale, lease, conveyance or other disposition of any of TISG's assets or rights other than in the ordinary course of business.

Asset Sale. The meaning set forth in the definition of Liquidation Event contained in Article Four, Part C, Section 6 of the Certificate of Incorporation

Asset Sale. Has the meaning set forth in the Recitals.

Asset Sale. Means any offering of securities or other transaction other than (i) sales of goods or the provision of services in the ordinary course of business, (ii) the offering or sale of any debt securities unaccompanied by any equity rights (such as warrants or conversion rights) or (iii) any sale of accounts receivable under financing arrangements with NCFE and its affiliates.

Asset Sale. Shall mean, as to Gump's, GBM, Brawn, San Diego LLC, Silhouettes LLC, American Down, Scandia, Scandia Down LLC and Hanover Brands, any sale, conveyance or other disposition (including, without limitation, any sale or other disposition of Capital Stock of Gump's, GBM, Brawn, San Diego LLC, Silhouettes LLC, American Down, Scandia or Scandia Down LLC or disposition by way of merger or consolidation) of the Gump's Main Store Assets, the GBM Catalog Assets, the International Male Catalog Assets, the... San Diego Telemarketing Center Assets, the Silhouettes Catalog Assets, the Scandia Down Assets, and the General Intangibles related to the Gump's Main Store Assets, the GBM Catalog Assets, the International Male Catalog Assets, the San Diego Telemarketing Center Assets, the Silhouettes Catalog Assets and the Scandia Down Assets, except in each case, for transactions in the ordinary course of business consistent with past practices previously disclosed to Lender. View More

Asset Sale. Means: (1) the sale, lease, conveyance or other disposition of any assets or rights, other than sales of inventory and accounts receivable in the ordinary course of business consistent with past practices; and (2) the issuance of Equity Interests by any of Payor's Subsidiaries or the sale of Equity Interests in any of its Subsidiaries. Notwithstanding the preceding, none of the following items will be deemed to be an Asset Sale: (i) any single transaction or series of related transactions that... involves assets having a fair market value of less than $1.0 million; (ii) a transfer of assets between or among Payor and its Subsidiaries, (iii) an issuance of Equity Interests by a Subsidiary to Payor or to another Subsidiary; (iv) the sale or lease of equipment, inventory, accounts receivable or other assets in the ordinary course of business; (v) the sale or other disposition of cash or Cash Equivalents or Government Securities; (vi) transfers of accounts receivable and related assets by Payor or any of its Subsidiaries in connection with a Qualified Receivables Transaction (as defined in the Indenture); and (vii) a Restricted Payment or Permitted Investment that is permitted under the Indenture. View More

Asset Sale. (a) the sale, lease, transfer or other disposal of all or substantially all of the assets of the Maker or of National Express Company, Inc., its wholly owned subsidiary ("National") or (b) dissolution or liquidation of the Maker or National or (c) a cessation of business by the Maker or National or (d) a merger or consolidation of the Maker or National with or into another corporation or any other entity.

Asset Sale. Any Disposition of Property or series of related Dispositions of Property to the same purchaser or group of related purchasers (excluding any such Disposition permitted by clause (a), (b), (c), (d) or (g) of Section 7.5) which yields gross proceeds to the Borrower or any of its Subsidiaries (valued at the initial principal amount thereof in the case of non-cash proceeds consisting of notes or other debt securities and valued at fair market value in the case... of other non-cash proceeds) in excess of $100,000. View More

Asset Sale. Means the sale of all or a majority in value of the Company, assets and the subsequent liquidation or dissolution of the Company, if as a result of such events, the Shareholders shall have realized a Rate of Return of at least thirty-five (35%) percent on their Equity, after taking into account the amount and timing of all capital contributions (and distributions) to (from) the Company by (to) the Shareholders.