Basis Assets definition

Basis Assets means assets of Management Sub set forth on Schedule 1.1(a) that have previously been contributed by Management.
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Basis Assets means the assets referred to in Schedule 1.1A.
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Basis Assets means any U.S. federal, state, local, and United Kingdom amortization and depreciation deductions, and any reduction of U.S. federal, state, local and United Kingdom taxable income and gain, attributable to existing Tax basis in the assets (other than cash, cash equivalents and receivables) owned by the Company Group as of the date hereof.
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Examples of Basis Assets in a sentence

  • Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis Assets recognized or disclosed at fair value in the condensed consolidated financial statements on a non-recurring basis include items such as leasehold improvements, property and equipment, operating lease assets, goodwill and other intangible assets.

  • Assets that are Measured at Fair Value on a Nonrecurring Basis Assets that are measured at fair value on a nonrecurring basis relate primarily to property and equipment, operating lease right-of-use ("ROU") assets and other intangible assets, including digital assets, which are remeasured when the estimated fair value is below its carrying value.

  • All such Basis Returns when filed were true, complete and accurate in all material respects except to the extent the same would not have a MAE on the Basis Assets or the Business.

  • To the best of Basis' knowledge, there are no filed or threatened state or federal tax Liens relating to the Basis Assets that would have a MAE on the Basis Assets or the Business.

  • The details of the fund balances are included in the Governmental Funds Statement of Cash Basis Assets and Fund Balances.

  • Both the governmental fund Statement of Cash Basis Assets and Fund Balance and the governmental fund Statement of Cash Collected, Expenditures Paid and Changes in Cash Basis Fund Balances are reconciled to the cash basis government-wide Statements of Net Position and Activities.

  • Information is presented separately in the governmental fund Statement of Cash Basis Assets and Fund Balance and the governmental fund Statement of Cash Collected, Expenditures Paid and Changes in Cash Basis Fund Balances for the General, Special Revenue, and Debt Service, all of which are considered to be major funds.

  • Reserved for Special Revenue Funds and Reserved for Capital Projects Funds was not properly reported on the 2009 and 2008 Statements of Cash Basis Assets and Fund Balance.

  • Each fund’s interest in the pool is presented as “equity in pooled cash and cash equivalents” on the “Statement of Cash Basis Assets and Fund Balances” for the governmental funds and the “Statement of Fund Net Position-Cash Basis” for the proprietary funds.

  • Management Sub will transfer the Basis Assets to SHP in exchange for a payment of $3.0 million in cash (less cash retained by Management Sub).

Related to Basis Assets

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Gross Assets means the total of fixed assets and current assets;

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • REMIC I Assets All of the Mortgage Pool Assets.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Series Assets means, at any particular time, all assets, properties (whether tangible or intangible, and whether real, personal or mixed) and rights of any type contributed to or acquired by a particular Series and owned or held by or for the account of such Series, whether owned or held by or for the account of such Series as of the date of the designation or establishment thereof or thereafter contributed to or acquired by such Series.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • REMIC II Assets The REMIC I Regular Interests.

  • Fund's Assets means any of the Fund's investments (including foreign currencies) for which the primary market is outside the United States, and such cash and cash equivalents as are reasonably necessary to effect the Fund's transactions in such investments.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Subject Assets is defined in Section 2.2(c).

  • Specified Assets the following property and assets of such Grantor:

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Securitization Assets means (a) the accounts receivable, royalty or other revenue streams and other rights to payment and other assets related thereto subject to a Qualified Securitization Facility and the proceeds thereof and (b) contract rights, lockbox accounts and records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in a securitization financing.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • Invested Assets means cash, Cash Equivalents, short term investments, investments held for sale and any other assets which are treated as investments under GAAP.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Shared-Loss Assets means Shared-Loss Loans, Other Real Estate purchased by the Assuming Institution, Additional ORE, Shared-Loss Subsidiaries, and Capitalized Expenditures, but does not include Shared-Loss Securities.