Significant Assets definition
Examples of Significant Assets in a sentence
Notwithstanding that a successor to Significant Assets becomes bound to this Agreement, the Company shall continue to be liable for the obligations hereunder as a guarantor.
In any agreement providing for succession to Significant Assets, the Company shall cause each and every successor expressly and unconditionally to assume and agree to perform the Company's obligations under this Agreement.
Accounting Principles (1) Basis and Method of Valuation of Significant Assets ① Securities Held-to-maturity debt securities Stated at cost amortized on a straight-line basis.
With respect to a "Sale of Significant Assets", the acceleration of this option under this paragraph would be triggered by a sale or sales of portions of the Company's business in any six-month period for cash in an aggregate amount of $100 million or more.
Each of the Issuers and the Guarantors shall use, operate and maintain the Significant Assets in the same manner and with the same care as shall be the case with similar assets owned by such Issuer or Guarantor without discrimination.