Active asset definition

Active asset means an asset (product) that has been installed and not cancelled.
Active asset means Apex’s (or its Subsidiary’s) Rights with respect to an Exploration Property set forth in Appendix A attached hereto.
Active asset means a loan or other real estate asset carried on the books and records of the Company.

Related to Active asset

  • Active Account means an individual investment account in the Plans with a balance greater than $0.00.

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Inactive Account means a trader’s Account which had Client-Initiated activity and subsequently it remained inactive for a period of 90 days.

  • Active business operations means all business operations that are not inactive business operations.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.