BB Assets definition

BB Assets means all of Illinois BB’s privileges, rights, interests and properties, real and personal, tangible and intangible, that relate directly to the BB Business and operations of the BB Systems and are used in the BB Systems or the BB Business including, without limitation:

Examples of BB Assets in a sentence

  • I do not consider the proposal would cause any serious harm to the occupiers of 44 Mill Road.

  • If any loss or damage to the BB Assets occurs that is not so substantial as to prevent normal operation of any material portion of any BB System, which is not repaired, replaced or restored prior to the Effective Time, then the LLC Swap Parties shall be entitled to any applicable proceeds of insurance received or receivable by Illinois BB, and Illinois BB agrees to pay such proceeds to the LLC Swap Parties upon receipt.

  • In United Kingdom for existing installations, an improvement programme with prescribed dates for completion is set up.

  • Schedule 3.20 sets forth all security deposits, performance bonds, letters of credit and other payments or commitments of Illinois BB to secure Illinois BB’s performance under any BB Franchise, any BB Contract or other obligation of Illinois BB relating to the BB Systems or the BB Assets.

  • Other than the BB Excluded Assets, the BB Assets constitute all of the, rights, assets and properties reasonably required to operate the BB Business in all material respects as it is currently conducted.

  • The assets of the FDE3 tested unit thus consist of$5,000x of the tax book value of Asset A and all $5,000x of the tax book value of Asset B.(B) Assets of the FDE2 tested unit.

  • If the LLC Swap Parties elect to consummate the acquisition of the BB Assets notwithstanding such loss or damage, there shall be a cash payment made by the BB Swap Parties to the LLC Swap Parties, as the case may be, in an amount equal to the cost to restore any BB System suffering such loss or damage to substantially the same condition as existed prior to the loss or damage, taking into account all applicable insurance proceeds delivered by Illinois BB to the LLC Swap Parties.

  • Except as disclosed on Schedule 3.9, Illinois BB has good and marketable title to the BB Assets, free and clear of all Encumbrances other than Permitted Encumbrances.

  • Except for this Agreement and the transactions contemplated hereby, there are no existing agreements, options, commitments or rights with, of or to any Person to acquire any of the BB Assets.

  • The District reserves the right to increase or decrease the complement of school buses it needs based on enrollment and/or policy changes.

Related to BB Assets

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

  • 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.

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

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Excluded Assets has the meaning set forth in Section 2.2.

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

  • 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.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

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

  • 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;

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

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

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

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

  • 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.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

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

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

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

  • 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;

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

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

  • Retained Assets has the meaning set forth in Section 2.2.