TAS Assets definition

TAS Assets. TAS Assets for any period means the daily average over the period of the total assets of funds advised by TIFF Advisory Services, Inc., or its affiliates managed by the Manager or its affiliates, whether through a separate account or an interest in a pooled investment fund. For assets invested in pooled investment funds, the average will be approximated using the value of the assets in such pooled investment fund at the opening of the period, adjusted by any contributions or withdrawals during the period.
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TAS Assets as defined in Section 1.1(b).
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Examples of TAS Assets in a sentence

  • TAS shall have delivered to Neptune releases or terminations under the Uniform Commercial Code and any other applicable federal, state or local statutes or regulations of any financing statements or similar filings filed against any of the TAS Assets (including, without limitation, any Liens asserted by any governmental authority with respect to Taxes).

  • Notwithstanding anything to the contrary set forth herein, the TAS Assets shall not include any property, asset or right not set forth on Schedule 1.1(b) (collectively, the "EXCLUDED TAS ASSETS").

  • Neptune wishes to purchase or acquire from TAS, and TAS wishes to sell, assign and transfer to Neptune, the TAS Assets (as defined in Section 1.1(b)), and Neptune has agreed to assume the Assumed TAS Liabilities (as defined in Section 2.5(b)), upon the terms and subject to the conditions hereinafter set forth.

  • To TAS' Knowledge, there are no proposed laws which would be applicable to the TAS Business or the TAS Assets and which might adversely affect the properties, assets, liabilities, operations or prospects of the TAS Business, either before or after the Closing.

  • All such tangible TAS Assets are fully adequate and suitable for the purposes for which they are presently being used.

  • Nothing in this Section 2.7 shall be deemed a waiver by the transferee of its right to have received on or before the Closing an effective assignment of all of the Neptune Assets or the TAS Assets, as the case may be, to the extent provided for in this Agreement, nor shall this Section 2.7 be deemed to constitute an agreement to exclude from the Neptune Assets or the TAS Assets, as the case may be, any assets described under Schedules 1.1(a) or 1.1(b).

  • All insurance policies maintained by TAS for the benefit of or in connection with the TAS Assets or the TAS Business are in full force and effect, and all premiums due thereon have been paid.

  • The parties agree to treat any indemnity payment made pursuant to Section 13.2(a) or 13.2(b) as an adjustment to the Initial Purchase Price with respect to the Neptune Assets or TAS Assets, as applicable, for all Tax purposes unless otherwise required by law.

  • TAS owns, or otherwise has sufficient and legally enforceable rights to use, the TAS Assets.

  • TAS has maintained all tangible TAS Assets that are material to the TAS Business in good repair, working order and operating condition subject only to ordinary wear and tear.

Related to TAS Assets

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Gross Assets means the total of fixed assets and current assets;

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Specified Assets the following property and assets of such Grantor:

  • Subject Assets is defined in Section 2.2(c).

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.