Relevant Term Assets definition

Relevant Term Assets means all the Relevant Assets purchased by the Investment Agent pursuant to any Supplemental Sale and Purchase Agreement as such assets may be sub-divided or consolidated and as the same may be reduced pursuant to this Undertaking or the Sale Undertaking, as applicable.
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Relevant Term Assets means all the Relevant Assets purchased by the Investment Agent pursuant to any Supplemental Sale and Purchase Agreement (as such assets may be sub-divided or consolidated) and as the same may be reduced pursuant to any transfer to the Company pursuant to this Undertaking or the Purchase Undertaking, as applicable.
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Relevant Term Assets has the meaning given to it in the Service Agency Agreement.
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Examples of Relevant Term Assets in a sentence

  • This Undertaking shall continue in full force and effect with respect to the Relevant Term Assets that have not been acquired by the Company pursuant to the exercise of this Undertaking or the Sale Undertaking and no further action shall be required under clause 34 (Amendments, Waivers and Consents) of the Common Terms Agreement in order to effect any such change.

  • Upon execution of a Supplemental Sale and Purchase Agreement by the parties to it (or on the assignment or transfer to, or assumption by, it of any Participation in accordance with clause 19 (Changes to the Financiers) of the Common Terms Agreement, each Participant will acquire ownership rights and benefit in and to the Relevant Term Assets equal to its Pro Rata Share (expressed as a percentage).

  • In this sense, a person who holds a perpetual estate has the right to use the land as the holder pleases, and is entitled to transfer it to a person of his or her choice.

  • This Exercise Notice is given pursuant to paragraphs [(a), (b), (c), (d), (e), (f)]1 of Clause 4.1 (Exercise) of the Undertaking in respect of [all]/[insert relevant proportion]** of the ownership rights and benefit in and to the Relevant Term Assets held by the Investment Agent (on behalf of the Participants).

  • We hereby exercise our right under Clause 4 (Exercise) of the Undertaking to oblige you to sell to us at the Exercise Price all of the ownership rights and benefit in and to [all of]/[insert the relevant proportion of] the Relevant Term Assets held by you (as agent of [the Participants]/[[ ]* as Participant).

  • Imposing some form of short‐sale constraints is a common response of regulators facing stock market downturns.The latest example is the global restrictions on short‐selling in September/October 2008 due to the credit crunch.

  • Additionally, the State legislature, in lame duck, approved a $3.5 million supplemental specifically for the LRE that will help offset some of the deficit.

  • The Company shall, if so requested, as soon as practicable provide the Investment Agent with any information or details in relation to the Accounts and the Relevant Term Assets that the Investment Agent may, by written notice, reasonably request.


More Definitions of Relevant Term Assets

Relevant Term Assets has the meaning given to that term in the Purchase Undertaking or the Sale Undertaking (as applicable).
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Related to Relevant Term Assets

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • Principal Period of Maintenance means any nine consecutive hours per day (usually between the hours of 7:00 a.m. and 6:00 p.m.) as selected by the State, including an official meal period not to exceed one hour, Monday through Friday, excluding holidays observed at the installation.

  • Excluded Business has the meaning set forth in Section ‎9.1.1.

  • Initial Term Loans means the term loans made by the Initial Term Lenders to the Borrower pursuant to Section 2.01(a)(i).

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Client Assets means assets which a bank has undertaken to hold for a client (whether or not on trust, and whether or not the undertaking has been complied with);

  • Controlled unaffiliated business means a company:

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Acquired EBITDA means, with respect to any Acquired Entity or Business for any period, the amount for such period of Consolidated EBITDA of such Acquired Entity or Business (determined as if references to the Borrower and the Restricted Subsidiaries in the definition of Consolidated EBITDA were references to such Acquired Entity or Business and its Subsidiaries), all as determined on a consolidated basis for such Acquired Entity or Business.

  • Operating Expenditures means all Partnership Group cash expenditures (or the Partnership’s proportionate share of expenditures in the case of Subsidiaries that are not wholly owned), including taxes, compensation of employees, officers and directors of the General Partner, reimbursement of expenses of the General Partner and its Affiliates, debt service payments, Maintenance Capital Expenditures, repayment of Working Capital Borrowings and payments made in the ordinary course of business under any Hedge Contracts, subject to the following:

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any interest period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions. All percentages used in or resulting from any calculation of Three-Month Term SOFR shall be rounded, if necessary, to the nearest one-hundred-thousandth of a percentage point, with 0.000005% rounded up to 0.00001%.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Core Business means any material line of business conducted by the Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental thereto.

  • Replacement Assets means, on any date, property or assets (other than current assets that are not purchased accounts receivable) of a nature or type or that are used in a Permitted Business (or an Investment in a Permitted Business), which shall include the controlling or majority equity interest in any Person engaged in a Permitted Business.

  • Gross Revenue means:

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Separate Business means each of the activities of the Licensee connected