Asset definition

Asset means any asset or property.
Asset includes every kind of property, asset, interest or right, including any present, future or contingent right to any revenues or other payment;
Asset means any item of property purchased wholly, or in part, with the use of the Grant, excluding Activity Material and Intellectual Property Rights. Australian Privacy Principle has the same meaning as in the Privacy Act 1988.

Examples of Asset in a sentence

  • The obligors or agents on the Transferred Asset were or will be notified of the transfer of the Transferred Asset to the Purchaser to the extent required under the applicable underlying Credit Documents.

  • With respect to each Transferred Asset sold hereunder, it sold such Transferred Asset to the Purchaser in exchange for value in accordance with the provisions of this Agreement, in an amount which constitutes fair consideration, fair market value and reasonably equivalent value.

  • With respect to each transfer of a Transferred Asset on any Settlement Date, (i) the Purchaser shall, as to each Transferred Asset, be a party to the relevant underlying Credit Documents and have the rights and obligations of a lender thereunder, and (ii) each Seller shall, to the extent provided in this Agreement, and the applicable underlying Credit Documents, relinquish its rights and be released from its obligations, as to each Transferred Asset.

  • Except with respect to the representations, warranties and covenants expressly stated in this Agreement, each Seller assigns each Transferred Asset “as is,” and makes no covenants, representations or warranties regarding the Transferred Assets.

  • The Asset Representations Reviewer has authorized the execution, delivery and performance of this Agreement.


More Definitions of Asset

Asset means any right, property or asset, whether real, personal or mixed, tangible or intangible, of any kind, nature and description, whether accrued, contingent or otherwise, and wheresoever situated and whether or not carried or reflected, or required to be carried or reflected, on the books of any Person.
Asset means property of a debtor, but the term does not include:
Asset means property of a debtor, but does not include any of the following:
Asset means any Property, Mortgage, other debt or other investment (other than investments in bank accounts, money market funds or other current assets) owned by the General Partner, directly or indirectly through one or more of its Affiliates.
Asset means any real or personal property, or immovable or movable asset, acquired, purchased, constructed, rehabilitated, or improved, in whole or in part, with any of the Funds.
Asset means all rights, properties or other assets, whether real, personal or mixed, tangible or intangible, of any kind, nature and description, whether accrued, contingent or otherwise, and wheresoever situated and whether or not carried or reflected, or required to be carried or reflected, on the books of any Person.
Asset. : means a tangible or intangible resource capable of ownership.