Added Assets definition

Added Assets means any properties, fixed equipment, moveable equipment, Replacement Equipment, real property and improvements and renovations, Capital Expenditures, inventories and other assets developed, contributed, constructed, purchased, owned, operated or leased by Company or any other Affiliate of Company, or any interest held by Company, any other Affiliate of Company in any other entity, business, assets or property developed, purchased, contributed, owned, operated or leased, in and for the exclusive use by Company, in service of, in support of and/or in connection with the operations of the Hospital, other than the assets owned by County prior to the Commencement Date of the Initial Lease or thereafter purchased or acquired by County and used in the operation of the Hospital, including County Equipment. However, Added Assets shall include only those assets dedicated to use solely in the operation of Hospital, and shall exclude any assets owned or acquired by Company that are shared or utilized by Company or its Affiliates in the operation of other hospitals or health care facilities; including, but not limited to, computers, software, billing, records, etc., in support of multiple business operations.
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Examples of Added Assets in a sentence

  • In addition, Company will transfer to County the Added Assets, associated with Company's operation of the Leased Premises necessary for County to continue to operate the Leased Premises, upon County’s payment to Company for the purchase of the Added Assets.

  • The County shall pay the costs of any title insurance and surveys and closing costs which County may, in its sole discretion, require in connection with the purchase of the Added Assets.

  • The same provisional accreditation should apply to some service types, although not to higher-risk supports such as Supported Independent Living (SIL).• Do not prescribe the separation of housing and support beyondseparate service agreementsThe welcome introduction of Specialist Disability Accommodation (SDA) payments will stimulate housing construction and help cover the cost of maintaining specialist housing for about 6% of NDIS participants.

  • With respect to Capital Expenditures subject to purchase by County from Company as Added Assets at Lease termination, Company shall notify County of the need for capital improvements in excess of Fifty Thousand Dollars ($250,000.00) including, but not limited to the need to build out additional bed and program space.

  • Within thirty (30) days thereafter, the two Health Care AppraisersCPAs so selected shall determine the Book Fair Market Value of the Added Assets.

  • Should this Amended Lease be terminated by County, the payment for the book Fair Market value of the Added Assets shall be due within thirty days of termination of the Amended Lease.

  • Should this Amended Lease be terminated by Company or if it expires, then Company shall accept payment of the book Fair Market value of the Added Assets over twenty-four (24) months with interest calculated at the prevailing monthly London Interbank Offered Rate (“LIBOR”).

  • Approval by County of the purchase of Added Assets shall not be a condition precedent to the County’s obligation to purchase Added Assets upon expiration or termination of the Lease as required herein.

  • If the Parties have not agreed in writing as to the Fair Market Value of the Added Assets within thirty (30) days after the expiration or termination of this Amended Lease, each party shall, within forty-five (45) days after the expiration or termination of this Amended Lease, designate an independent health care appraiser (“Health Care Appraiser”) and shall notify the other party of the Health Care Appraiser so selected.

  • Within thirty (30) days thereafter, the two Health Care Appraisers so selected shall determine the Fair Market Value of the Added Assets.

Related to Added Assets

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

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

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

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

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

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

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • 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;

  • 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.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

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

  • Excluded Asset means any asset of any Grantor excluded from the security interest hereunder by virtue of Section 2.2 hereof but only to the extent, and for so long as, so excluded thereunder.

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

  • Fixed Assets means Equipment and Real Estate.

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

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

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.