TMI Assets definition

TMI Assets means all assets of TMI as of the Effective Date, including all Cash of the Estate, Causes of Action of TMI, if any, all Books and Records of TMI and Privileges of TMI, and which shall include any recovery on behalf of TMI on account of its Class 2.B Claims.
Sample 1
TMI Assets means all of the assets, properties, licenses, claims, contracts, goodwill and rights of every kind and description, real and personal, tangible and intangible, wherever situated, whether or not reflected in the most recent financial statements, that TMI has a right, title or interest to or in and whether or not used by TMI in the TMI Business.
Sample 1

Examples of TMI Assets in a sentence

  • TMI shall not, directly or indirectly, sell or encumber all or any part of the TMI Assets, other than sales in the ordinary course of business, or initiate or participate in any discussions or negotiations or enter into any agreement to do any of the foregoing.

  • The costs of pursuing objections to Claims against and Equity Interest in TMI shall be paid from the TMI Assets.

  • The TMI Assets shall have been transferred to PIC and the Related Acquisition involving PIC shall have closed.

  • Any Claim of the Indemnified Persons to be indemnified, held harmless, or reimbursed shall be satisfied solely from the TMI Assets or assets of TMFE (as applicable), except for the TMFE IP Assets, or any applicable insurance coverage.

  • TMI shall continue to maintain and service the TMI Assets consistent with past practice.

  • The TMI Responsible Person shall be appointed for the sole purpose of liquidating and distributing the TMI Assets and with no objective to continue or engage in the conduct of a trade or business.

  • There is no fact known to TMI that may materially adversely affect the TMI Assets or the TMI Business that has not been set forth in this Agreement or the other documents furnished to ECLE on or prior to the date hereof in connection with the Transactions.

  • TMI has good and marketable title to, or valid leasehold interests in, all of the TMI Assets, free from any Encumbrances.

  • The use of the TMI Assets is not subject to any Encumbrances (other than those specified in the preceding sentence), and such use does not materially encroach on the property or rights of anyone else.

  • The TMFE Plan Administrator and the TMI Responsible Person shall be responsible for payment, out of the TMI Assets or the assets of TMFE (as applicable) except for the TMFE IP Assets, of any taxes imposed on TMI or TMFE or their respective assets, including the applicable Disputed Claims Reserve.

Related to TMI Assets

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

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

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

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

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

  • REMIC I Assets All of the Mortgage Pool 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;

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

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

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

  • REMIC II Assets The REMIC I Regular Interests.

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

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • 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.

  • 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.

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

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

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

  • SUBI Assets means the Leases, the SUBI Equipment and any related assets allocated to the Series 2014-1 SUBI.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • 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.

  • 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.

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

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

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

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.