AEC Assets definition

AEC Assets mean all properties, assets, privileges, powers, rights, interests and claims of every type and description that are owned, leased, held, used or useful in AEC Business and in which AEC has any right, title or interest or in which AEC acquires any right, title or interest on or before the Closing Date, wherever located, whether known or unknown, and whether or not now or on the Closing Date on the books and records of AEC, but excluding any of the foregoing, if any, transferred prior to the Closing pursuant to this Agreement or any Collateral Documents. A list of AEC Assets is attached hereto as “Schedule A – List of AEC Assets.”

Examples of AEC Assets in a sentence

  • In addition, TRET shall take all action necessary to enable TRET and its Representatives to review and inspect the AEC Assets, the AEC Business and the Liabilities of AEC and discuss them with TRET’s officers, employees, independent accountants and counsel.

  • AEC shall provide to TRET and its Representatives such financial, operating and other documents, data and information relating to AEC, the AEC Business and the AEC Assets and the Liabilities of AEC and its Subsidiaries, as TRET or its Representatives may reasonably request.

  • Notwithstanding any investigation that TRET may conduct of AEC, the AEC Business, the AEC Assets and the Liabilities of AEC, TRET may fully rely on AEC’s warranties, covenants and indemnities set forth in this Agreement.

  • Closing of the business combination – the “Effective Time” to AEC for all licenses, rights and properties included and limited to AEC Assets to be transferred to TRET.