LIC Retained Assets definition

LIC Retained Assets means all Assets which are held by the LIC Entities immediately prior to the Closing, other than the Contributed Assets.
Sample 1Sample 2Sample 3
LIC Retained Assets means all Assets which are held at the Effective Time by LIC.
Sample 1Sample 2Sample 3
LIC Retained Assets means all Assets which are held at the Effective Time by LIC. “LIC Retained Businesses” means all businesses which are held at the Effective Time byLIC. LIC.
Sample 1

Examples of LIC Retained Assets in a sentence

  • Upon completion of the transactions contemplated by Sections 1.2(a) and (b) above: (i) Spinco will own, directly or indirectly, the Spinco Businesses and the Spinco Assets and be subject to the Spinco Liabilities; and (ii) LIC will continue to own, directly or indirectly, the LIC Retained Businesses and the LIC Retained Assets and continue to be subject to the LIC Retained Liabilities.


More Definitions of LIC Retained Assets

LIC Retained Assets means all Assets which are held by the LIC Entities immediately prior to the Closing, other than the Contributed
Sample 1
LIC Retained Assets means all Assets which are held at the Effective Time by L IC.
Sample 1

Related to LIC Retained Assets

  • Retained Assets has the meaning set forth in Section 2.2.

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.

  • Retained Contracts shall have the meaning specified in Section 2.1.6.

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Gross estate means the gross estate, for federal estate tax purposes.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • SpinCo Assets shall have the meaning set forth in Section 2.2(a).

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Assigned Value means the Market/Offer Price, as defined in Section 7.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.