Asset Co Assets definition

Asset Co Assets means all of the Group’s interests in Harbour Energy, Jamalco, Noble Plantations and the Vessels.
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Asset Co Assets means those assets of the Group or (following the Restructuring Effective Date) New Noble Group as agreed between the Ad Hoc Group and the Company which comprise the Group’s (or following the Restructuring Effective Date, the New Noble Group’s) legal title to and/or the full economic benefits of Harbour Energy, Jamalco, Noble Plantations and the Vessels.
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Asset Co Assets means those assets of the Group or (following the Restructuring Effective Date) New Noble Group as agreed between the Ad Hoc Group and the Company which comprise the Group’s (or following the Restructuring Effective Date, New Noble Group’s) legal title to and/or the full economic benefits of Harbour Energy, Jamalco, Noble Plantations and the Vessels.
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Examples of Asset Co Assets in a sentence

  • ASSET CO ASSETS Terms used but not defined in this Schedule 1 (Asset Co Assets) are as defined in the Business Separation Documents.

  • It is intended that the Company should implement the Business Separation in a tax efficient manner and that following the implementation of the Business Separation, there should be an effective ring-fencing of the Asset Co Assets within the Asset Co Group.

  • It is intended that the Company should implement the Business Separation in a tax efficient manner and that following the implementation of the Business Separation, there should be an effective ring- fencing of the Asset Co Assets for the benefit of the Asset Co Group.

  • Those intercreditor arrangements may have an impact on and may, to some extent vary, the intercreditor principles set out in the Intercreditor Principles Term Sheet and may afford the Trading Co Group priority with respect to the proceeds of enforcement of security over certain Asset Co Assets.

  • It is intended that all Asset Co Assets, including any rights that any member of the Asset Co Group has against any member of the Trading Co Group shall be subject to security granted by the Asset Co Group in connection with the New Asset Co Bonds.

  • This table below (the “Commercial Terms Table”) sets out the current status of certain of the key commercial terms and conditions upon which it is proposed Trading Co will provide certain services from the Restructuring Effective Date to Asset Co and its subsidiaries with respect to the Asset Co Assets.

  • Other than with respect to any fees for services and amounts owing under working capital facilities provided by the Trading Co Group to the Asset Co Group which it is agreed between the Company and the Ad Hoc Group prior to the Restructuring Effective Date should be paid by the Asset Co Group to the Trading Co Group, the Trading Co Group will have no economic interest in the Asset Co Assets.

  • It is contemplated that, from the Restructuring Effective Date, Trading Co or its affiliates will provide certain services to Asset Co (or the entities that hold the legal title to the Asset Co Assets) with respect to the Asset Co Assets.

  • Other than with respect to any fees which it is agreed between the Company and the Ad Hoc Group prior to the Restructuring Effective Date should be paid by Asset Co to Trading Co, Trading Co will not have any economic interest in the Asset Co Assets.