Field Assets definition

Field Assets means the office equipment, including computer equipment and communications equipment, furniture, tools and vehicles located at Primestar's office facilities and used to support the Business.
View Source
Field Assets of any Person means the office equipment, furniture, ------------ tools and vehicles located at a Selected Office of such Person and exclusively used to support such Person's Primestar Business (but in the case of office equipment, tools and vehicles, only to the extent used by such Person's Selected Employees).
View Source

Examples of Field Assets in a sentence

  • The Seller agrees to be responsible for and assume all liabilities whatsoever that pertain to the N▇▇▇▇ Field Assets, to the extent that they arise as a result of events occurring prior to the Effective Date.

  • The N▇▇▇▇ Field Assets have been operated in accordance with all applicable laws, orders, rules and regulations of all governmental authorities having or asserting jurisdiction relating to the ownership and operation thereof, including the production of all hydrocarbons attributable thereto.

  • Seller is a corporation, validly existing and in good standing under the laws of the State of Texas and has all requisite corporate power and authority to own, lease and operate the N▇▇▇▇ Field Assets, to carry on its business as now conducted and to perform its obligations under this Agreement, and to perform its obligations hereunder and thereunder.

  • To the best of Seller’s knowledge, all necessary governmental certificates, consents, permits, licenses or other authorizations with regard to the ownership or operation of the N▇▇▇▇ Field Assets have been obtained and no violations exist or have been recorded in respect of such licenses, permits or authorizations except for those (if any) which have been expressly disclosed to the Purchaser in writing prior to the Effective Date.

  • Notwithstanding anything to the contrary elsewhere contained, following the Closing, the Purchaser shall be responsible for and shall assume only liabilities related to the N▇▇▇▇ Field Assets that arise solely as a result of events wholly occurring subsequent to the Effective Date.

  • Seller is the owner of all of the N▇▇▇▇ Field Assets covered by this Agreement and conveys all such N▇▇▇▇ Field Assets to the Purchaser, free of all claims, liens, burdens, encumbrances, restrictions and other adverse interests other than those that have been expressly disclosed to the Purchaser in writing on or prior to the Effective Date.

  • However, you shall immediately be entitled to a 1% of 8/8 royalty interest on the Company's existing ▇▇▇▇▇▇ Field Assets.

  • There are no consents or waivers of preferential purchase or other rights necessary to prevent the valid conveyance to Purchaser of the N▇▇▇▇ Field Assets that is contemplated by this Agreement (excluding governmental consents and approvals (if any are necessary) that are customarily obtained post-Effective Date).

  • At Closing, the Seller shall execute, acknowledge and deliver to the Purchaser a recordable assignment, acceptable in form and substance, to the Purchaser of the SUDS Field Assets (the “Assignment).

  • Prior to the expiration or termination of the ROFN Period, Advenchen agrees to, and to cause each of its applicable Affiliates to, take all reasonable actions (at Advenchen’s or its Affiliates’ expense) to maintain and protect the applicable Expanded Field Assets, including filing and maintaining patent applications in accordance with applicable Laws and using reasonable measures to protect applicable trade secrets.