Equivalent Disposition

Example Definitions of "Equivalent Disposition"
Equivalent Disposition. Means the Disposition by an Issuer to any Person (other than another Issuer) of (i) assets constituting a business unit, (ii) all or a substantial part of the business of any Issuer, or (iii) sufficient capital stock or other Equity Interests of any Issuer so that, after giving effect to such Disposition, such Person is no longer a Subsidiary
Equivalent Disposition. Means the Disposition by an Borrower to any Person (other than another Borrower) of (i) assets constituting a business unit, (ii) all or a substantial part of the business of any Borrower, or (iii) sufficient capital stock or other Equity Interests of any Borrower so that, after giving effect to such Disposition such Person is no longer a Subsidiary.
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