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).
View Source

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.

Related to Fixed Asset Reduction

  • Reference Asset Return means, in respect of a Reference Asset and an Exchange Business Day, an amount expressed as a percentage equal to (i) the Closing Price for such Reference Asset on such Exchange Business Day minus the Initial Reference Asset Price, divided by (ii) the Initial Reference Asset Price. The Reference Asset Return will be a price return and will not take into account dividends and/or distributions paid by the issuers or constituents of the Reference Assets.

  • Weighted Reference Asset Return means for each Reference Asset contained in the Reference Portfolio and on any day, the product of (i) the Reference Asset Return and (ii) the Reference Asset Weight.

  • Asset Base means, on any date of determination and with respect to all Eligible Mortgage Loans then subject to Transactions and, to the extent applicable, all Eligible Mortgage Loans proposed to be sold to the Purchaser as of such date of determination, the lesser of (i) 100% of the Principal Balance of all such Eligible Mortgage Loans as of such date of determination and (ii) the product of the applicable Purchase Price Percentage multiplied by the Market Value of all such Eligible Mortgage Loans.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Fixed Asset means a tangible non-current asset, including buildings and equipment, acquired not for sale but for use for the Project during the Eligible Expenditure Period;