Commercial Assets definition
Examples of Commercial Assets in a sentence
The percentage of the Net Selling Price of the Commercial Assets as stated in Schedule 2 shall be firm (i.e. not subject to variation) for the whole period of the Enabling Contract as shown at Paragraph 1 above.
The Residual Acquired Commercial Assets together with the assets, properties, rights and other interests of the Acquired Companies being acquired by the Purchaser pursuant to this Agreement (through their respective purchases of the Acquired Stock) constitute all of the assets and rights reasonably necessary for the conduct of the Acquired Business as it is presently conducted.
The Group will pay the expenses associated with the Commercial Assets, including but not limited to expenses for the overhaul, repair, renewal, renovation and reconstruction in respect of the Commercial Assets, energy consumption expenses and insurance expenses, for and on behalf of Xinyuan Estate Group.
Except as set forth on the Litigation Schedule, neither the Seller (with respect to the Residual Acquired ------------------- Commercial Assets) nor any of the Acquired Companies is subject to any material judgment, injunction, order or decree of any court or other governmental agency (or settlement enforceable therein).
In this announcement, the following expressions shall, unless the context requires otherwise, have the following meanings: “Agreements” collectively, the Commercial Assets Entrusted Operation Framework Agreement and the Assets Sales Agency and Operation Services Framework Agreement “Assets Sales Agency and Operation Services” has the meaning ascribed to it under the section headed “The Continuing Connected Transactions – 2.
Since the highest applicable percentage ratio (as defined in the Listing Rules) exceeds 5%, the Commercial Assets Entrusted Operation Framework Agreement and the transactions contemplated thereunder are subject to the annual reporting, announcement and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.
The objectives of this strategy and action plan are to 1) Enhance the Protection of National Security, Homeland Security, and Commercial Assets and Operations against the Effects of Space Weather; 2) Develop and Disseminate Accurate and Timely Space Weather Characterization and Forecasts; and 3) Establish Plans and Procedures for Responding to and Recovering from Space WeatherEvents.
He is currently Co-Chairman of the Board, Co-Chief Executive Officer and a Director of Commercial Assets Inc.
Notwithstanding the foregoing, it is expressly understood and agreed that the aforesaid limitation on liability shall in no way effect or apply to the continued liability of the Borrower and Commercial Assets, Inc.
The Executive shall devote substantially all of his business time and energies to the business of FAMC, provided that he may engage in outside business activities and render services to other parties so long as such activities and/or services (i) do not conflict with the principal activity of the Company, FAMC, Asset Investors Corporation ("AIC") or Commercial Assets, Inc.