Disposition of Assets definition

Disposition of Assets means the disposition by the Company or an Affiliate by which the Participant is employed of all or a portion of the assets used by the Company or Affiliate in a trade or business to an unrelated corporation or entity; “Disposition of a Subsidiary” shall mean the disposition by the Company or an Affiliate of its interest in a subsidiary or controlled entity to an unrelated individual or entity (which, for the avoidance of doubt, excludes a spin-off or split-off or similar transaction), provided that such subsidiary or entity ceases to be controlled by the Company as a result of such disposition; and “Outsourcing Agreement” shall mean a written agreement between the Company or an Affiliate and an unrelated third party (“Outsourcing Agent”) pursuant to which (i) the Company transfers the performance of services previously performed by employees of the Company or Affiliate to the Outsourcing Agent, and (ii) the Outsourcing Agent is obligated to offer employment to any employee whose employment is being terminated as a result of or in connection with said Outsourcing Agreement.
Disposition of Assets means any action undertaken by a nonprofit entity to dispose of control of all
Disposition of Assets means any action undertaken by a nonprofit entity to dispose of control of all or substantially all of its assets pursuant to an agreement of sale, transfer, lease, exchange, option, joint venture, or partnership, or to convert to a for-profit entity or to otherwise restructure the nonprofit entity or its assets, resulting in a change in control or governance of the entity or assets.

Examples of Disposition of Assets in a sentence

  • For the purposes of Section 175 ( Disposition of assets) of the Act, the directors may by Resolution of Directors determine that any sale, transfer, lease, exchange or other disposition is in the usual or regular course of the business carried on by the Company and such determination is, in the absence of fraud, conclusive.

  • Disposition of assets for BOCES, public school districts and special act school districts must be in accordance with a board approved written policy.

  • War as the “continuation of politics by other means” will always threaten us within the present framework of society, and by now with total annihilation.

  • You may purchase securi- ties of a Small Business from a non- issuer not previously described in this section if such acquisition is a reason- ably necessary part of the overall sound Financing of the Small Business.Limitations on Disposition of Assets§ 108.885 Disposition of assets to NMVC Company’s Associates.Except with SBA’s prior written ap- proval, you are not permitted to dis- pose of assets (including assets ac- quired in liquidation) to any Associate.

  • Praktik dalam dunia saham yang dilarang DSN MUI dalam Investasi Saham syariah diantaranya adalah Praktik Akun Margin karena mengandung unsur riba yakni harus membayar bunga yang disetor akibat jasa pembelian dengan hutang.


More Definitions of Disposition of Assets

Disposition of Assets means the disposition by the Company or an Affiliate by which the Participant is employed of all or a portion of the assets used by the Company or Affiliate in a trade or business to an unrelated corporation or entity; “Disposition of a Subsidiary” shall mean the disposition by the Company or an Affiliate of its interest in a subsidiary or controlled entity to an unrelated individual or entity (which, for the avoidance of doubt, excludes a spin-off or split-off or similar transaction), provided that such subsidiary or entity ceases
Disposition of Assets means the disposal of assets from time to time and at the end of the Term.
Disposition of Assets except in the ordinary course of business, not sell, transfer, mortgage or otherwise dispose of, or encumber, or agree to sell, transfer, mortgage or otherwise dispose of or encumber, any properties or assets, real, personal or mixed;
Disposition of Assets means the disposal of assets from time to time and at the end of the Term. “Effective Date” means the 1st day of April, 2020.
Disposition of Assets has the meaning set forth in Section 4.3.
Disposition of Assets means the disposition by the Company or a Subsidiary of all or a portion of the assets used by the Company or Subsidiary in a trade or business to an unrelated individual or entity; (C) “Disposition of a Subsidiary” means the disposition by the Company or Subsidiary of its interest in a subsidiary or controlled entity to an unrelated individual or entity, provided that such subsidiary or controlled entity ceases to be a member of the Company’s controlled group as a result of such disposition; (D) “Divestiture” means a Disposition of Assets or a Disposition of a Subsidiary; and (E) “Outsourcing Agreement” means a written agreement between the Company or Subsidiary and an unrelated third party (“Outsourcing Agent”) pursuant to which (1) the Company or Subsidiary transfers the performance of services previously performed by Company or Subsidiary employees to the Outsourcing Agent, and (2) the Outsourcing Agreement includes an obligation of the Outsourcing Agent to offer employment to any employee whose employment is being terminated as a result of or in connection with said Outsourcing Agreement.
Disposition of Assets has the meaning provided in Section 6.01.