Russian Assets definition
Russian Assets means assets, undertakings or revenues which are permitted, under applicable Russian law, to be subject to Security, present or future, of the Borrower or the government thereof;
Russian Assets means the “Aircraft” as defined in the Participation Agreement. “Sales and Services Taxes” shall have the meaning set forth in Section 4.3(a).
Examples of Russian Assets in a sentence
GTS Equipment does hereby transfer, assign, convey and deliver to GT Equipment all the Russian Assets and Liabilities.
In case the Russian Assets are not transferred by the Russian Asset Seller to the Russian Asset Purchaser, the Seller Parent shall, upon written request by the Purchaser, cause the Russian Asset Seller to take all action and measures required to transfer such assets and, if such transfer cannot be effected within four weeks after the request, the Seller Parent shall pay in cash the value (based on the amounts shown in Exhibit 1) of such assets which have not transferred to the Purchaser.
GT New Equipment does hereby assume, all rights and obligations relating to the Russian Assets and Liabilities.