Missing Asset definition

Missing Asset has the meaning set forth in Clause 9.3.
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Missing Asset has the meaning set forth in Section 1.04.
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Missing Asset has the meaning given in clause 17(a).
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Examples of Missing Asset in a sentence

  • The Surviving Corporation shall pay for such Missing Asset, use or replacement asset at a cost substantially equivalent to the historical cost allocated to the Spinco Business for the Spinco Business’ use of such Missing Asset in order that Spinco shall, consistent with past practice, receive the benefits and bear the economic burdens of such Missing Asset as closely as possible to historical practice.

  • NewCo, or such member of the Energy Supply Group as NewCo reasonably designates, shall pay for such use of such Missing Asset at a cost substantially equivalent to the historical cost allocated to the Energy Supply Business for the Energy Supply Business’ use of such Missing Asset in order that NewCo shall, consistent with past practice, receive the benefits and bear the economic burdens of such Missing Asset as closely as possible to historical practice.

  • For purposes of this Agreement, the term “Missing Assets Amount” means the book value of a Missing Asset as set forth in the Closing Balance Sheet as finally determined pursuant to Section 1.6(c) multiplied by a ratio, the numerator of which shall be the amount of the Cash Purchase Price and the denominator of which shall be the total book value of all Acquired Assets as set forth in the Closing Balance Sheet as finally determined pursuant to Section 1.6(c).

  • The relevant Seller agrees to bear the cost of all transfer taxes payable in connection with the transfer of the Missing Asset.


More Definitions of Missing Asset

Missing Asset means the software licenses referred to on Section 3(l)(i) of the Disclosure Schedule that were not transferred to Buyer as Acquired Assets at the time of the Closing.
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Missing Asset has the meaning given to that term in clause ‎12.2(a).
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Related to Missing Asset

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

  • Specified Asset as defined in subsection 4.2.2 hereof.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Qualifying Asset in relation to any Project Financing means: