Examples of Identified Asset in a sentence
The Identified Asset Co Assets (excluding the Asset Co Intercompany Loans), which will be transferred from KOM, FELS Offshore Pte Ltd and Keppel FELS Limited (collectively, the "KOM Vendors") to Asset Co under the terms and subject to the conditions of the Asset Co Framework Agreement, are set out in Part 1 of Schedule 1 to this Announcement.
To facilitate the financing under the principle of Bai’ Bithaman Ajil, the identified investors (“Investors”) shall first purchase the Identified Asset, which is acceptable to the Syariah Adviser, from the Issuer at the purchase price.
For six (6) months after Closing, either Party may identify any asset or property that such Party reasonably believes is a Transferred Asset that was not transferred at Closing or an Excluded Asset that was transferred at Closing (each, an “Identified Asset”) and request in writing that such other Party promptly assign, transfer, convey or deliver such Identified Asset to such Party.
The following process is followed when determining if a contract is, or contains a lease:• Identified Asset - An asset is typically identified by being explicitly specified in a contract.
All divestitures to Competing Department Stores must include assurances by the acquirer that it will maintain each Identified Asset as a viable enterprise engaged in the department store business for a minimum of seven (7) years.
The open market value of the Proposed Transaction Assets is not available as the shares of the Asset Co Target Companies (as set out in Part 1 of Appendix A of this Circular) which form part of the Identified Asset Co Assets and the KOM Shares are not listed or traded on any securities exchange.
In accordance with the financing procedures of the Bank and the said principle of BBA, the Bank shall first purchase from the Company the Identified Asset at the Purchase Price.
In the event any Identified Asset remains on the books of the Bank or Bancshares as of the last Business Day prior to the Closing, the Bank shall, prior to the Closing, cause each such Identified Asset to be charged off of the books of the Bank (or, if applicable, Bancshares) in full, which charge-off shall be made, and reflected for all purposes on the books of the Bank and/or Bancshares, as of the Measurement Date.
For six (6) months after Closing or any Deferred Closing, as applicable, either Party may identify any asset or property that such Party reasonably believes is a Transferred Asset that was not transferred at Closing or such Deferred Closing, as applicable, or an Excluded Asset that was transferred at Closing or such Deferred Closing, as applicable (each, an “Identified Asset”) and request in writing that such other Party promptly assign, transfer, convey or deliver such Identified Asset to such Party.
Any such sale, assignment or transfer of an Identified Asset made on or after the Measurement Date shall be made and reflected for all purposes on the books of the Bank and/or Bancshares (as applicable), as of the Measurement Date and shall be without recourse to or a warranty by the Bank or Bancshares of any kind.