Source Asset definition
Examples of Source Asset in a sentence
The Company has entered into a license agreement, dated as of November 7, 2012, with Orchard First Source Asset Management, LLC, under which the Advisor is a third-party beneficiary (the “License Agreement” and, collectively with the Administration Agreement and Investment Advisory Agreement, the “Company Agreements”).
To the extent a consent to the transfer of a Source Asset or contract is required and is not obtained prior to the Closing, Wiki Sub shall take such actions as Source may request to obtain such request and, at its election, Source shall continue to hold such asset and such contract shall be performed by Wiki Sub as the agent of Source and, as between Source and Wiki Sub, the economic benefit or burden associated with such asset or contract shall be enjoyed by or borne by Wiki Sub.
In addition, in connection with the sales of the Firm Shares, the Advisor agrees to pay the Representative, for the account of the Underwriters, $0.90 per share (the “Advisor Sales Load Payment”) with respect to the Firm Shares, provided, that the Advisor shall not be required to make an Advisor Sales Load Payment with respect to 322,500 Firm Shares that are to be purchased by Orchard First Source Asset Management, LLC and certain affiliates of the Advisor.
The Company hereby confirms to the Underwriters that the Company has specifically directed the allocation of an aggregate of 322,500 Firm Shares to Orchard First Source Asset Management, LLC and certain affiliates of the Advisor, and that the Underwriters have had no involvement in or influence on, directly or indirectly, the Company’s allocation decisions with respect to such shares.
For a period of five (5) years commencing on the Effective Date, the licenses granted to Ixia under Section 2 above shall be exclusive even as to NetIQ for Assessment Products/Services, except for Assessment Products/Services that are limited to the assessment of VoIP issues or security issues, and that do not expose to users or allow users to modify or edit any of the Source Asset scripts.
Seller may, at its sole discretion and cost, conduct research regarding possible commercially feasible uses of water from the Source Asset for non-beverage uses (an "Alternative Use").
In the event that Buyer sells water from the Source Asset for an Alternative Use that is derived from the research conducted by Seller, Buyer shall pay to Seller a royalty equal to ten percent (10%) of Buyer's "Net Sales" of the water from the Source Asset sold for such Alternative Uses, which royalty shall be to the exclusion of the Water Royalty.
By: OFS Capital, LLC, its Designated Manager By: Orchard First Source Asset Management, LLC, its Manager By: Orchard First Source Capital, Inc., its Managing Member By: /s/ ▇▇▇▇▇ ▇.
As a disregarded entity for U.S. Federal income tax purposes, the Borrower does not have a Federal Employee Identification Number, but as of the Closing Date uses that of Orchard First Source Asset Management LLC, which is correctly set forth on the certificate required pursuant to Section 3.1(n) (provided that, upon the conversion of the OFS Parent to a corporation, the Borrower will use the Federal Employee Identification Number of the OFS Parent).
The Members hereby appoint Orchard First Source Asset Management, LLC as the manager of the LLC (the “Manager”), and the Manager hereby accepts such appointment and agrees to be bound by the provisions of this Agreement.