Third Party Assets definition
Examples of Third Party Assets in a sentence
Any SRAS Third Party Assets (as defined in the SRAS Guideline) must be individually listed and the asset owner/operator identified.
For the avoidance of doubt, in the case of the Retained Business, the Minimum Funding Requirement of each Investor shall be determined based on the Funding position of each Investor and that Investor’s share (based on Consortium Proportions) of the Third Party Assets of the Retained Business.
The cumulative effect of this change in accounting principle as of January 1, 2004, is a charge of approximately $3.1 million, representing a reduction in Inventory of approximately $1.7 million, a reduction in Pipeline Linefill of approximately $30.3 million and an increase in Inventory in Third Party Assets of $28.9 million.
To Seller's knowledge, no third party has interfered with, infringed upon, misappropriated, or otherwise come into conflict with any of the Intellectual Property Rights in and to the Business Assets (other than Third Party Assets).
In addition, the Bank may take immediate possession of and/or appoint a receiver of the Secured Assets and/or Secured Third Party Assets and all the documents relating thereto without demand or other notice and without legal process and/or Security Provider.