Schedule A Assets definition
Examples of Schedule A Assets in a sentence
For the purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires, the following shall represent the Schedules which are attached to this Agreement and which form a material part hereof: Schedule Description Schedule "A": Assets; and Schedule "B": Letter of Intent.
Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, on or before the Closing Date (defined below), all of the Seller's right, title, and interest in and to the assets listed on Schedule "A" ("Assets") (attached to this Agreement and incorporated into its terms by reference).
Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller, on the terms and conditions set forth in this Agreement, the assets described in Schedule "A" ("Assets") attached hereto and made a part hereof.
In connection with the winding up of the Partnership and the liquidation of its assets, the Schedule A Assets may be sold for their Appraised Value as determined in accordance with Section 10.8(b)(i) hereof.
The primary purposes of the Partnership are to acquire, manage, protect, and conserve the Schedule A Assets and to perform its obligations under the Transaction Documents.
In connection with the winding up of the Partnership and the liquidation of its assets, the Schedule A Assets may be sold for their fair market value, whether or not such fair market value equals the projected value thereof on Schedule A.
The Partners agree that-the Aircraft included in the Schedule A Assets are recovery property under Section 168 of the Code and that the recovery period of such Aircraft for which the adjusted basis for United States federal income tax purposes is zero on the Effective Date will be determined by reference to asset class 45.0 set forth in Revenue Procedure 87-56, 1987-2 C.B. 674 using the straight line method with daily proration in the initial month.