Assets Held for Sale definition

Assets Held for Sale means assets of the Company and its Subsidiaries listed on Schedule 2.8. Assignee - see subsection 11.8(a). Assignment and Acceptance - see subsection 11.8(a).

Assets Held for Sale means those certain assets or properties defined as “Assets Held for Sale” under the Existing Credit Facilities, as in effect on the Ninth Amendment Effective Date, and set forth in Schedule B to this Indenture.

Assets Held for Sale means assets of the Company that are reported on the pro forma financial statements of the Company contained in the Offering Memorandum as assets held for sale in accordance with GAAP.

Examples of Assets Held for Sale in a sentence

• At the commencement of the lease, the carrying amount of the asset in the Balance Sheet (whether Property, Plant and Equipment or Assets Held for Sale) is written off to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement as part of the gain or loss on disposal.

• Assets that are to be abandoned or scrapped are not reclassified as Assets Held for Sale.

• When an asset is disposed of or decommissioned, the carrying amount of the asset in the Balance Sheet (whether Property, Plant and Equipment or Assets Held for Sale) is written off to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement as part of the gain or loss on disposal.

• If assets no longer meet the criteria to be classified as Assets Held for Sale, they are reclassified back to non-current assets and valued at the lower of their carrying amount before they were classified as held for sale; adjusted for depreciation, amortisation or revaluations that would have been recognised had they not been classified as Held for Sale, and their recoverable amount at the date of the decision not to sell.

• They include amendments to HKFRS 12, Disclosure of Interests in Other Entities, to clarify that the disclosure requirements of HKFRS 12, other than the requirements to disclose summarised financial information, also apply to an entity’s interests in other entities classified as held for sale or discontinued operations in accordance with HKFRS 5, Non-Current Assets Held for Sale and Discontinued Operations.

More Definitions of Assets Held for Sale

Assets Held for Sale means those assets listed on Schedule 7.05.

Assets Held for Sale means assets of the Company and its Subsidiaries listed on Schedule 2.8.

Assets Held for Sale means those assets identified in Schedule 11.

Assets Held for Sale means the assets described on Section A (Assets Held for Sale) of the Company Disclosure Letter. “Audited Financial Statements” has the meaning set forth in Section 3.6(a).

Assets Held for Sale means those assets set forth on Schedule 1.01(B).

Assets Held for Sale means the properties and assets held for sale by the Company on the date of this Indenture as set forth on Schedule 1.1(a) hereto.

Assets Held for Sale means assets of Borrower reported on the -------------------- financial statements of Borrower as assets held for sale in accordance with GAAP.