AGH Fixed Assets definition

AGH Fixed Assets means the Fixed Assets owned by AGH and/or its Subsidiaries, including but not limited to portable device for office use, such as computers, mobile phones and office equipment used by the AGH Employees (as defined in Section 7.2(a)) primarily for the Permitted Company Business, as may be more specifically determined or adjusted by an agreement in writing by the Parties within fifteen (15) Business Days after March 31, 2016.

Examples of AGH Fixed Assets in a sentence

  • On or before March 31, 2016 (or any other date agreed in writing by the Parties): (i) AGH shall cause all AGH Fixed Assets to be sold, transferred and delivered to the Koubei Shanghai Opco (or any other Joint Venture Entity designated by the Koubei Holdco) free and clear of any Encumbrances at the book value of such assets as of the date of the transfer; and (ii) the Parties shall cause such transferee to purchase and accept such assets.