Transferred Fixed Assets definition

Transferred Fixed Assets shall have the meaning set forth in Section 1.1(e).
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Transferred Fixed Assets means the fixed assets set out in the Asset List.
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Transferred Fixed Assets means the fixed assets transferred by the Manager to the Successor Operator which have not been funded by the Secretary of State during the Management Period or under the Enhancement Facility;
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Examples of Transferred Fixed Assets in a sentence

  • No Contributing Party has received notice or has any knowledge of any pending or threatened proceeding affecting any of the Transferred Fixed Assets (or any portion thereof) or of any sale or other disposition of any of the Transferred Fixed Assets (or any portion thereof) in any material aspects.

  • The Transferred Fixed Assets are in good condition and good working order (subject to normal wear and tear) and are suitable for the uses for which they are intended.

  • As of the Closing Date, Party B has the ownership of the Transferred Fixed Assets and has the right to dispose of them at its own discretion.

  • During the transition period, Party A shall assist Party B in maintaining the normal operation of the businesses related to the Transferred Fixed Assets.

  • In view of the large amount of the Transferred Fixed Assets, both Parties need to carry out assets docking, system online implementing / commissioning and other works several times, so both Parties agree to form a special project team for unified deployment and implementation.

  • All of the Transferred Fixed Assets: (a) are structurally sound, free of material defects and deficiencies and in good condition and repair (ordinary wear and tear excepted); and (b) are adequate for the uses to which they are being put in the ordinary operation of the Business.

  • Any and all Transferred Inventory, Transferred Equipment, Transferred Fixed Assets and Transferred Books to the Purchaser (the “Tangible Transferred Assets”) shall remain where it is physically located as of the Closing Date (defined below).

  • Specifically, for the business adjustment, Party A will transfer to Party B the Transferred Fixed Assets such as relevant businesses operated based on Kuaidian App and other online applications (collectively, “Kuaidian Platforms”) and data (including the Users’ personal information collected and held based on the Kuaidian Platforms and charging pile data that may be considered as important data).

  • After conducting due diligence on Party A's Transferred Fixed Assets, Party B agrees to acquire such Transferred Fixed Assets so transferred by Party A within the scope agreed herein.

  • The Seller owns and has good and valid title to all of the Transferred Fixed Assets, free and clear of liens and encumbrances, except for: (a) any lien for current taxes not yet due and payable; (b) liens and encumbrances specifically referred to in the Transferred Contracts; and (c) minor liens and encumbrances that have arisen in the ordinary course of business and that do not materially detract from the value of the Transferred Fixed Assets subject thereto.


More Definitions of Transferred Fixed Assets

Transferred Fixed Assets means the assets listed in Schedule E-4.
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Related to Transferred Fixed Assets

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

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

  • 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.

  • Fixed Assets means Equipment and Real Estate.

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

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

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

  • Transferred Inventory shall have the meaning set forth in Section 1.1(c).

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

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

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • 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.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • 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.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • 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;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Transferred Intellectual Property has the meaning set forth in Section 2.1(k).

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

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

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

  • Fixed Asset Supplies means items included within “Property and Equipment” under the Uniform System of Accounts including, but not limited to, linen, china, glassware, tableware, uniforms, and similar items, whether used in connection with public space or Guest Rooms.

  • Transferred Interests has the meaning set forth in the Recitals.

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