Collective Purchased Assets definition

Collective Purchased Assets means the Makon Assets, Raider Assets and Total Fluid Assets;
Sample 1

Examples of Collective Purchased Assets in a sentence

  • The Vendor is duly qualified as a corporation to do business in each jurisdiction in which the nature of the Purchased Businesses or the Collective Purchased Assets makes such qualification necessary.

  • Encourage a mix of affordable and market- rate housing for owner occupancy throughout the Central Community.

  • Notwithstanding any other provision contained herein, the Purchaser will not be offering employment to any of the employees of the Vendor on the Closing Date, or otherwise and any employment agreements between the Vendor and its employees are expressly excluded from the Collective Purchased Assets.

  • The system offers a complete solution for the finance and accounting activities thereby strengthening financial controls.

  • To the Vendor’s Knowledge, the Vendor is and has been in compliance with all laws, by- laws, statutes, ordinances, regulations, rules, judgments, decrees or orders applicable to the Purchased Businesses or the Collective Purchased Assets.

  • In particular, without limiting the generality of the foregoing, there has been no assignment, subletting or granting of any license (of occupation or otherwise) of or in respect of any of the Collective Purchased Assets or any granting of any agreement or right capable of becoming an agreement or option for the purchase of the Collective Purchased Assets.

  • The Vendor and the Purchaser agree to allocate the Purchase Price among the Collective Purchased Assets in accordance with Schedule W and to report the sale and purchase of the Collective Purchased Assets for all federal, provincial and local tax purposes in a manner consistent with such allocation.

  • All inventories included in the Collective Purchased Assets which are classified as finished goods or saleable in the form of finished goods, and the applicable specifications on all other inventories not classified as finished goods are merchantable and usable.

  • No Person, other than the Purchaser, has any written or oral agreement or option or any right or privilege (whether by law, pre-emptive or contractual) capable of becoming an agreement or option for the purchase or acquisition from the Vendor of any of the Collective Purchased Assets.

  • The Collective Purchased Assets are legally and beneficially owned by the Vendor with a good and marketable title thereto, free and clear of all Encumbrances other than Permitted Encumbrances.

Related to Collective Purchased Assets

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

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

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

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

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

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

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

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

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

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

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

  • Sold Assets has the meaning set forth in Section 2.01(b).

  • 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.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Receivables Purchase Price The amount described in Section 2.02 of the Pooling Agreement.

  • Assumed Liabilities has the meaning set forth in Section 2.3.

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

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • 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;

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.