XXX Assets definition

XXX Assets has the meaning set forth in Section 2.07.
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XXX Assets refers to the assets indirectly owned, including the Springfield system, and interests accounted for under the equity method (see Note 9—Equity Investments in the Notes to Consolidated Financial Statements under Item 8 of Exhibit 99.3 to this Current Report on Form 8-K) by us through our partnership interests in XXX as of December 31, 2015. Because Anadarko controls XXX through its ownership and control of us, and because we own the entire interest in XXX GP, each of WES’s acquisitions of XXX assets from Anadarko has been considered a transfer of net assets between entities under common control. As such, XXX assets acquired from Anadarko were initially recorded at Anadarko’s historic carrying value, which did not correlate to the total acquisition price paid by XXX (see Note 2—Acquisitions and Divestitures in the Notes to Consolidated Financial Statements under Item 8 of Exhibit 99.3 to this Current Report on Form 8-K). Further, after an acquisition of XXX assets from Anadarko, we (by virtue of our consolidation of XXX) and XXX may be required to recast our financial statements to include the activities of such XXX assets from the date of common control. For those periods requiring recast, the consolidated financial statements for periods prior to the acquisition of XXX assets from Anadarko, including the Springfield system, have been prepared from Anadarko’s historical cost-basis accounts and may not necessarily be indicative of the actual results of operations that would have occurred if XXX had owned the XXX assets during the periods reported. For ease of reference, we refer to the historical financial results of the XXX assets prior to the acquisitions from Anadarko as being “our” historical financial results.
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XXX Assets means the 24.5% Partnership Interest in Metro LP held by Xxx or an Affiliate thereof;
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Examples of XXX Assets in a sentence

  • The XXX Purchase Price less rental or other fees for the XXX Assets already paid prior thereto shall be paid by Buyer Parent at the XXX Closing by wire transfer of immediately available funds to an account designated in writing by Seller Parent to Buyer Parent no later than two (2) Business Days prior to the XXX Closing Date.

  • Except as set forth on Schedule 3.4, no consent, authorization, order or approval of, or filing or registration with, any Governmental Body or third party is required for the execution and delivery by Franklin of this Agreement and all other documents contemplated hereby and the consummation by Franklin of the transactions contemplated hereby and thereby, including the assignment of Franklin's right, title and interest in and to the XXX Assets (without termination or alteration).

  • The Schedule 2.4 Payment shall be considered complete payment to Rainbow for the Assets relating to the Schedule 2.4 XXX Assets such that title to all such Assets will transfer to Purchaser as of the Schedule 2.4 Assets Effective Date.

  • Except as set forth on Schedule 3.8, Franklin has the right to use, free and clear of claims or rights of other persons, all customer lists, designs, manufacturing or other processes, computer software, systems, data compilations, research results and other information required for or incident to the XXX Assets or the XXX Business.

  • The Valuation of Assets for statement purposes shall be as follows: - If Assets are publicly traded, Fidelity will use the market price as per its normal practices - If Premiere Select XXX Assets are not publicly traded, Fidelity will display an audited valuation from one of the following third-party pricing vendors - Xxxxxx X.

  • Franklin has good title to all of the XXX Assets, free and clear of all Liens.

  • If the Initial Closing described in Section 2.4 hereof has occurred, then this Agreement may only be terminated with respect to the balance of the Assets, and this Agreement shall remain in full force and effect with respect to the Schedule 2.4 XXX Assets.

  • All Disclosure Schedules or other deliverables prepared by Sellers and delivered to Purchaser under the terms of this Agreement with respect to the Schedule 2.4 XXX Assets shall reflect information as of 12:01 a.m. (Pacific Standard time) on the Schedule 2.4 XXX Assets Effective Date.

  • The XXX Assets are adequate and suitable for the conduct of the XXX Business and include all tangible and intangible property necessary for Xircom to continue the conduct of the XXX Business as now conducted by Franklin.

  • Notwithstanding anything else herein to the contrary, each of Xircom and Franklin shall coordinate with the other party so that each shall pay when due from assets other than the XXX Assets one-half of all such taxes and fees regardless of whether the liability for such taxes or fees is imposed by law upon Franklin or upon Xircom.


More Definitions of XXX Assets

XXX Assets means the Real Property, Seller's Bond Documents and those certain contracts relating to the Real Property as defined and described in Sections 1.1(a)(ii)(A), 1.1(a)(ii)(B) and 1.1(a)(ii)(C) below.
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XXX Assets has the meaning set forth in Section 1.1(a)(ii).
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XXX Assets means the XXX Petroleum and Natural Gas Rights, the XXX Tangibles and the XXX Miscellaneous Interests;
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XXX Assets means the combined assets held directly or indirectly by all of the members of the XXX Group;
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Related to XXX Assets

  • Gross Assets means the total of fixed assets and current assets;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Program Assets means any assets, goods or property (real, tangible or intangible) purchased or financed in whole or in part (directly or indirectly) by MCC Funding.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Fixed Assets means Equipment and Real Estate.

  • Specified Assets the following property and assets of such Grantor:

  • Retained Assets has the meaning set forth in Section 2.2.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Aggregated Assets for a particular Strategy shall mean the assets of all registered investment companies managed by the Adviser that are managed by the Sub-Adviser pursuant to that Strategy, including Portfolio Assets.