Examples of Sale Assets in a sentence
The Applicant shall file an affidavit with the EOI (as mentioned above) that the Applicant is not an Ineligible Applicant nor does he have any contract or understanding with any such person in relation to the Sale Assets being acquired.
That I do hereby confirm and undertake that I am not ineligible as per Section 29A of the Insolvency and Bankruptcy Code, 2016, or any other applicable law, nor am I acting jointly or in concert with any ineligible person, in relation to the Sale Assets being acquired.
It is understood that each recipient of this Invitation will perform its own independent investigation and due diligence of the Sale Assets of the Company, based on such information as it deems relevant and without reliance on the Liquidator and this Invitation.
Values are based on the following principles:• instruments with quoted market prices – the market price• other instruments with fixed and determinable payments – discounted cash flow analysis.Changes in fair value are balanced by an entry in the Available-for-Sale Reserve and the gain/loss is recognised in the Surplus or Deficit on Revaluation of Available for Sale Assets.
The Liquidator gives no guarantee or warranty as to title of the Sale Assets or the conditions of the assets/material or/its quality for any specific purpose or use.