Appraisal of Assets Sample Clauses

Appraisal of Assets. The Purchasers shall have received copies of appraisals of the assets of the Company and its Subsidiaries performed by Mainline Management Services, Inc. and Normxx X. Xxxx & Associates. The results of such appraisals shall be satisfactory in form, scope and substance to the Purchasers.
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Appraisal of Assets. As part of our due diligence process, and following the full execution hereof, we shall authorize T/A Appraisal, Inc. to conduct an appraisal of all of PSA's assets, which will be relied upon by us and our lender in funding the cash portion of the purchase price. You agree to make your facility and the assets available for inspection during business hours and subject to the prior rental of certain inventory items.
Sample 1
Appraisal of Assets. The Agents shall have received copies of appraisals of the assets of the Company and its Subsidiaries performed by Main Line Rail Management Services, Inc. , Halcrow Rail and Norman Seip and Associates.
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Appraisal of Assets. RETI shall undertake to have the Assets appraised by an independent appraiser as soon as practicable after the effective date of this Agreement. REI shall provide a list to RETI of any Assets which are not at the aforementioned warehouse facility and shall provide access to the Assets for purposes of the appraisal.
Sample 1
Appraisal of Assets. Not later than May 19, 1999, the Borrowers shall have engaged an appraisal firm or firms, acceptable in each case to the Agent, to conduct an appraisal of the inventory and property, plant and equipment of the Borrowers and their respective Subsidiaries.
Sample 1
Appraisal of Assets. The Agents shall have received copies of appraisals of the assets of the Company and its Subsidiaries performed by Mainline Management Services, Inc. and Normxx X. Xxxx & Xssociates. The results of such appraisals shall be satisfactory in form, scope and substance to the Agents.
Sample 1
Appraisal of Assets. At the Company’s expense, within thirty (30) days after the Company completes the acquisition of an Asset, the Company shall provide the Lender with an appraisal of such Asset by an appraiser mutually acceptable to the Company and the Lender.
Sample 1
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Appraisal of Assets. The Issuer shall obtain Appraisals with respect to Collateral Obligations from time to time as follows:
Sample 1
Appraisal of Assets. The Seller had used its best efforts to obtain a fair appraisal of the Property based upon an asset valuation provided by an independent appraisal company selected and retained by the Seller that engages in the business of providing valuations for foreign properties. The Buyer is not required to provide their own appraisal for the purposes of entering into this Asset Acquisition Agreement. The appraisal issued by a bona-fide appraisal firm shall be binding upon the Buyer and Seller and is included in EXHIBIT B of this Asset Acquisition Agreement. The Buyer is subject to full disclosure and updates of any and all subsequent appraisals that may be compiled on the Property by any of the parties involved.
Sample 1

Related to Appraisal of Assets

  • Disposal of Assets 88) Where the Academy Trust acquires assets for a nil consideration or at an under value it shall be treated for the purpose of this Agreement as having incurred expenditure equal to the market value of those assets at the time that they were acquired. This provision shall not apply to assets transferred to the Academy Trust at nil or nominal consideration and which were previously used for the purposes of an Academy and/or were transferred from an LA, the value of which assets shall be disregarded.

  • No disposal of assets The Borrower will not transfer, lease or otherwise dispose of:

  • Disposition of Assets The Company shall not, and shall not suffer or permit any Subsidiary to, directly or indirectly, sell, assign, lease, convey, transfer or otherwise dispose of (whether in one or a series of transactions) any property (including accounts and notes receivable, with or without recourse) or enter into any agreement to do any of the foregoing, except:

  • Acquisition of Assets In the event the Company or any Subsidiary acquires any assets or other properties, such assets or properties shall constitute a part of the Collateral (as defined in the Security Agreement) and the Company shall take all action necessary to perfect the Purchasers’ security interest in such assets or properties pursuant to the Security Agreement.

  • REVERSION OF ASSETS (a) Upon expiration of the term of this Agreement, or upon any prior termination, Subrecipient shall transfer to City any funds provided hereunder which are on hand at the time of expiration or termination.

  • VALUATION OF ASSETS (a) Except as may be required by the 1940 Act, the Board of Managers shall value or have valued any Securities or other assets and liabilities of the Fund as of the close of business on the last day of each Fiscal Period in accordance with such valuation procedures as shall be established from time to time by the Board of Managers and which conform to the requirements of the 1940 Act. In determining the value of the assets of the Fund, no value shall be placed on the goodwill or name of the Fund, or the office records, files, statistical data or any similar intangible assets of the Fund not normally reflected in the Fund's accounting records, but there shall be taken into consideration any items of income earned but not received, expenses incurred but not yet paid, liabilities, fixed or contingent, and any other prepaid expenses to the extent not otherwise reflected in the books of account, and the value of options or commitments to purchase or sell Securities or commodities pursuant to agreements entered into prior to such valuation date.

  • MERGER, CONSOLIDATION OR DISPOSITION OF ASSETS In case the Company shall reorganize its capital, reclassify its capital stock, consolidate or merge with or into another corporation (where the Company is not the surviving corporation or where there is a change in or distribution with respect to the Common Stock of the Company), or sell, transfer or otherwise dispose of all or substantially all its property, assets or business to another corporation and, pursuant to the terms of such reorganization, reclassification, merger, consolidation or disposition of assets, shares of common stock of the successor or acquiring corporation, or any cash, shares of stock or other securities or property of any nature whatsoever (including warrants or other subscription or purchase rights) in addition to or in lieu of common stock of the successor or acquiring corporation ("Other Property"), are to be received by or distributed to the holders of Common Stock of the Company, then Holder shall have the right thereafter to receive, upon exercise of this Warrant, the number of shares of common stock of the successor or acquiring corporation or of the Company, if it is the surviving corporation, and Other Property receivable upon or as a result of such reorganization, reclassification, merger, consolidation or disposition of assets by a holder of the number of shares of Common Stock for which this Warrant is exercisable immediately prior to such event. In case of any such reorganization, reclassification, merger, consolidation or disposition of assets, the successor or acquiring corporation (if other than the Company) shall expressly assume the due and punctual observance and performance of each and every covenant and condition of this Warrant to be performed and observed by the Company and all the obligations and liabilities hereunder, subject to such modifications as may be deemed appropriate (as determined in good faith by resolution of the Board of Directors of the Company) in order to provide for adjustments of shares of Common Stock for which this Warrant is exercisable which shall be as nearly equivalent as practicable to the adjustments provided for in this Section 11. For purposes of this Section 11, "common stock of the successor or acquiring corporation" shall include stock of such corporation of any class which is not preferred as to dividends or assets over any other class of stock of such corporation and which is not subject to redemption and shall also include any evidences of indebtedness, shares of stock or other securities which are convertible into or exchangeable for any such stock, either immediately or upon the arrival of a specified date or the happening of a specified event and any warrants or other rights to subscribe for or purchase any such stock. The foregoing provisions of this Section 11 shall similarly apply to successive reorganizations, reclassifications, mergers, consolidations or disposition of assets.

  • Merger Consolidation and Disposition of Assets None of the Borrower, any Guarantor, any Operating Subsidiary or any wholly-owned Subsidiary will:

  • Protection of Assets (a) Except for transactions and activities entered into in connection with the securitization that is the subject of this Agreement, the Trust Fund created by this Agreement is not authorized and has no power to:

  • Preservation of Assets Each Obligor shall (and the Company shall ensure that each member of the Restricted Group will) maintain in good working order and condition (ordinary wear and tear excepted) all of its assets necessary in the conduct of its business where failure to do so has or is reasonably likely to have a Material Adverse Effect.

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