Disposal Assets definition

Disposal Assets means any Assets or other transferable securities that are required by the Conditions to be liquidated on the Issuer’s behalf from time to time, including, for the avoidance of doubt and when applicable, non-cash Credit Support Assets.

Disposal Assets means any Assets or other securities that are required by the Conditions to be liquidated on the Issuer’s behalf from time to time, including, when applicable, non-cash Credit Support Assets.

Disposal Assets means any Assets or other securities that are required by the Conditions to be liquidated on the Issuer’s behalf from time to time.

Examples of Disposal Assets in a sentence

• If the Disposal Agent is required to arrange the sale of the Disposal Assets and/or the Issuer Aggregate STP Claim, the Disposal Agent shall use its reasonable endeavours to arrange the sale of the Disposal Assets and/or the Issuer Aggregate STP Claim (as applicable) in accordance with the procedures set out in the Base Conditions.

• If the Disposal Agent is required to arrange the sale of the Disposal Assets and/or the Issuer STP Claim, the Disposal Agent shall use its reasonable endeavours to arrange the sale of the Disposal Assets and/or the Issuer STP Claim (as applicable) in accordance with the procedures set out in the Base Conditions.

• The Transaction is expected to enable the Group to recognize an unaudited gain of approximately RMB25,057,200, being the difference between the Compensation over the carrying values of the Disposal Assets and Disposal Equipment after deducting the estimated expenses and tax.

• Given the circumstances under which the Qichun dock project arose (as described above) and dock operations do not form the core business of the Group (including China Merchants Logistics), the Company considered it more resources efficient for the Group as a whole to dispose of the Disposal Assets (including the dock related assets) and redeploy the consideration for the Disposal together with any residual cash held at the Qichun Branch Office of China Merchants Logistics as general working capital.

• Further, when the sale of any of the Disposal Assets is subject to the open tender process in compliance with the relevant PRC laws, such Disposal Asset may be bidden successfully by a third party.

More Definitions of Disposal Assets

Disposal Assets means all of the non-beer businesses of the Company

Disposal Assets means the assets listed in the section “Assets to be disposed

Disposal Assets include the land use rights of the Resumed Land, the buildings and structures erected on the Resumed Land, and certain machinery and equipment; “Disposal Equipment” certain photovoltaic power generation equipment erected on the roof of the buildings and structures erected on the Resumed Land;

Disposal Assets means any Assets or other securities that are required by the Conditions to be disposed of by the Disposal Agent from time to time.

Disposal Assets means the Assets included in the Fund’s Asset Schedule, as from time to time amended or revised in accordance with the Agreement (or resulting from the disposal of such Assets) to the extent that these are not included in the Client’s Final List, as from time to time amended or revised in accordance with the Agreement, or needed to purchase an Acquisition Asset and available at an appropriate time; [redacted]; Excluded Asset means any Acquisition Asset or Disposal Asset which GSI and the Client have agreed to treat as an Excluded Asset or which falls within paragraph 10 of this Supplement; Execution Price, in relation to an Acquisition Asset, means the cost to the Client of that asset and, in relation to a Disposal Asset, means the proceeds payable to the Client in respect of that asset;

Disposal Assets means the assets listed under the section headed

Disposal Assets means any Assets or other securities that are required by the Conditions to be liquidated on the Issuer’s behalf from time to time, including, when applicable, non-cash Credit Support Assets.(f) “Mandatory Cash Redemption Amount” means, in relation to any Notes falling due for redemption, the greater of (i) the proceeds of redemption or sale of the Assets and the Credit Support Assets realised in accordance with the Programme Deed and the Disposal Method set out in Additional Condition 7(e) and the cash value (to the extent such Assets or Credit Support Assets are cash) less all Expenses incurred by the Issuer, the Trustee and any Secured Agent in connection with such redemption or sale and the mandatory redemption of the Notes plus (if it is payable to the Issuer) or minus (if it is payable by the Issuer) the absolute value of any Aggregate STP and (ii) zero, divided by the number of the Notes falling due for redemption.(g) “Net Portfolio” means, for the purposes of determining any Physical Redemption Amount, the Assets and the Credit Support Assets remaining following liquidation by the Disposal Agent of sufficient Affected Assets and/or Credit Support Assets to satisfy any Transaction Termination Amount payable by the Issuer.(h) “Physical Redemption Amount” means, in connection with any Notes subject to a single Delivery Instruction Certificate, the sum of (i) a portion, determined by the Calculation Agent in its sole discretion, of the Net Portfolio corresponding to the number of Notes subject to that Delivery Instruction Certificate but rounded down to, where the Assets comprise securities, the nearest whole number of Assets and where the Assets comprise other debt obligations, the nearest minimum transfer value of the Assets; (ii) the Net Proceeds of that fraction of the Net Portfolio that was the subject of such rounding down; (iii) where the Aggregate STP is payable to the Issuer, a pro rata portion of such Aggregate STP; and (iv) if there is any positive cash balance in the Issuer’s accounts established and maintained solely for the purposes of the Notes, a pro rata portion of such positive cash balance, subject to the priority of payment set out in Condition 3.1 and Additional Condition 6(e), as modified by the Drawdown Deed. Use of ProceedsThe net proceeds of the issue of the Notes will be used in or towards the acquisition of the related Assets and in making payments under other contracts entered into in connection with the issue of the Notes. ...