LIKE ASSETS definition

LIKE ASSETS means, as of the date of any determination thereof, fixed or capital assets used or to be used by one or more members of the Restricted Group in the lines of business in which the Restricted Group is engaged as of the Effective Date or in a business reasonably related thereto.
LIKE ASSETS means, as of the date of any determination thereof, capital assets, used or to be used by the Company or any Restricted Subsidiary in the lines of business in which the Company or such Restricted Subsidiary is engaged as of the Closing Date or in businesses reasonably related thereto.
LIKE ASSETS means, as of the date of any determination thereof, capital assets, used or to be used by the Guarantor or any Restricted Subsidiary in the lines of business in which the Guarantor or such Restricted Subsidiary is engaged as of the Closing Date or in a business reasonably related thereto;

Related to LIKE ASSETS

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

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

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.