Fixed Asset Reduction definition

Fixed Asset Reduction means a reduction of the Fixed Asset Amount made in connection with the redetermination of the Forced Liquidation Value of the Eligible Fixed Asset Equipment and/or the Applicable Real Property Amounts pursuant to the terms of the second sentence of Section 2.1(b).

Examples of Fixed Asset Reduction in a sentence

  • Within thirty (30) days following the Closing Date, Buyer shall provide to Seller a copy of IRS Form 8594 and any required exhibits thereto (the "Asset Acquisition Statement") with Buyer’s proposed allocation of the consideration payable with respect to Seller’s Assets, including but not limited to the allocation of the Fixed Asset Reduction.