Asset or Assets definition

Asset or Assets means the inventory of all real and personal property, and all equipment, supplies and commodities that are required to be reported under West Virginia Code §5A-3-35.
Asset or Assets means any assets or property (tangible or intangible, choate or inchoate, fixed or contingent) held or owned by or for the benefit of the Company including the Company’s direct or indirect equity interests in the Subsidiaries.
Asset or Assets means the asset(s) of the Company to be sold on standalone or collective basis in accordance as per the provisions of Regulations 32(a) to 32(d) of the IBBI (Liquidation Process) Regulations, 2016 and shall include the groups or parcels of assets identified under Regulations 32A(2) or 32A(3) of IBBI (Liquidation Process) Regulations, 2016 for sale as a going concern on “as is where is, as is what is, whatever there is, and no recourse basis” under Regulations 32(e) or 32(f) of IBBI (Liquidation Process) Regulations, 2016; and, unless the context otherwise requires, any reference to the sale of Assets(s) shall be construed as including a reference to the Assets identified for sale with the sale of Business(s) and sale of Company or Corporate Debtor as a going concern.

Examples of Asset or Assets in a sentence

  • Failure to administer any Shared-Loss Asset or Assets, or Shared-Loss Securities, in accordance with Article III shall at the discretion of the Receiver constitute grounds for the loss of shared loss coverage with respect to such Shared-Loss Loan or Loans.

  • The promissory note will be repaid pursuant to the terms thereof, including using the entire net proceeds of each Sale of an Asset or Assets of the Partnership in connection with or following the occurrence of the Termination Event or a Liquidity Event.

  • The Servicer shall amend the Asset Schedule to reflect the removal of such Replaced Asset from the terms of the Pooling and Servicing Agreement and the substitution of the Qualified Substitute Asset or Assets.

  • In the event of a Representation Breach, Seller shall immediately repurchase the related Asset or Assets in accordance with Section 3.04.

  • The Department reserves the right to permit the Contractor to continue to use the relevant Asset or Assets after it has been taken over or merged.

  • Upon such substitution, such Qualified Substitute Asset or Assets shall be subject to the terms of the Pooling and Servicing Agreement in all respects, including, in the case of a substitution effected by the Seller, the representations and warranties included in the related Sales Agreement, and in the case of a substitution effected by the Company, the representations and warranties set forth in Section 2.05 above, in each case as of the date of substitution.

  • To be effective, such notice must (a) be in writing, (b) be received by Seller on or prior to the Title Claim Date, (c) describe the Title Defect in reasonable detail (including any alleged variance in the Net Revenue Interest or Working Interest), (d) identify the specific Asset or Assets affected by such Title Defect, (e) include the Title Defect Value, as reasonably determined by Buyer in good faith, and (f) comply with the limitations and Title Defect Value qualifications set forth in Section 4.14.

  • In that case the Authority’s liability will be limited to the Annual Fee payable by the Supplier to the Authority relating to the Equipment installed on the Asset or Assets.

  • To be effective, this notice (a “Title Defect Notice”) must (i) be in writing; (ii) be received by Seller prior to the expiration of the Examination Period; (iii) describe the Title Defect in sufficient, specific detail (including any alleged variance in the Net Revenue Interest or Working Interest); (iv) identify the specific Asset or Assets affected by the Title Defect; and (v) include the value of the Title Defect as determined by Buyer.

  • To be effective, such notice must (i) be in writing, (ii) be received by Sellers prior to the expiration of the Examination Period, (iii) describe the Title Defect in sufficient, specific detail (including any alleged variance in the Net Revenue Interest), (iv) identify the specific Asset or Assets affected by such Title Defect, and (v) include the value of such Title Defect as determined by Buyer.


More Definitions of Asset or Assets

Asset or Assets. All personal property owned, leased, or used by the Company or the Subsidiaries including office supplies, furniture, and other equipment at the facilities owned, used, or leased as of the date hereof unless otherwise provided in the text of this Agreement (including the equity ownership interests in Subsidiaries but excluding, for the avoidance of doubt, assets of the Projects or Project Entities or assets attributable to the Subsidiaries or the Company due to, or on account of, ownership of interests in the Projects or Project Entities by virtue of attribution principles applicable for general partners of partnerships).
Asset or Assets means any assets or property (tangible or intangible, c▇▇▇▇▇ or inchoate, fixed or contingent) held or owned by or for the benefit of the Company including the Company’s direct or indirect equity interests in the Subsidiaries.
Asset or Assets means, with respect to any Person, the sum of their assets and rights, including but not limited to the plant, equipment, machinery, and real property.
Asset or Assets means any digital property or resource that has value to the Client. This can include but is not limited to top-level domains, subdomains, servers, IP addresses, or web and mobile applications. Scope: shall mean all the assets configured by the Client in the Ethiack Portal and that will be tested during the services. Out-of-Scope: shall mean all the activities expressed by the Client as non-permitted and all the assets removed from scope configuration by the Client in the Ethiack Portal and that will not be tested during the services.
Asset or Assets means any interest of a Borrower in any kind of property or asset, whether real, personal, or mixed real and personal, and whether tangible or intangible, including without limitation the FCC Licenses and all Collateral described in Section 4.11 hereof.