UCRI Assets definition

UCRI Assets means all of the assets and properties, tangible and intangible, of any kind, nature and scope, used or held by any member of either Group immediately prior to the Offer Closing Time, except for the Foodservice Assets. "UCRI Business" means all businesses and activities conducted by any member of either Group immediately prior to the Offer Closing Time, except for the Foodservice Business. "UCRI Documents" has the meaning set forth in Section 4.1(b) of this Agreement. "UCRI Employee" means any individual who at any time is or was an officer or employee of any member of either Group, other than an Foodservice Employee. "UCRI Group" means UCRI and all other Subsidiaries of UCRI. "UCRI Liabilities" means (i) all Liabilities of either Group as of the Offer Closing Time except the Foodservice Liabilities, (ii) all Liabilities relating to or arising from the UCRI Business, (iii) all Liabilities relating to the employment of all employees of either Group prior to the Offer Closing Time, and (iv) all Assumed Daka Liabilities. "Welfare Plan" means any Benefit Plan, which is not a Qualified Plan and which provides medical, health, dental, disability, accident, life insurance, death, dependent care or other welfare benefits, including any post-employment non-cash benefits or retiree medical benefits. SECTION 1.2

Examples of UCRI Assets in a sentence

  • Attached as Schedule 9 is a list of certain rebates that were classified as UCRI Assets, which rebates have been assigned by UCRI to Compass (the "Assigned Rebates") pursuant to the Conveyance and Assignment Agreement.

  • B.1.2 The Products shall be delivered by CD-DataHouse to the delivery address(es) indicated by Customer in the Order (provided such address is in the United Kingdom) (the “Delivery Address(es)”).

Related to UCRI Assets

  • Purchased 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.

  • 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;

  • 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.

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

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

  • 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.

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

  • 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:

  • REMIC I Assets All of the Mortgage Pool Assets.

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

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

  • 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.

  • 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).

  • 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.

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

  • 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.

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

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

  • 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.

  • IT Assets means computers, software, servers, networks, workstations, routers, hubs, circuits, switches, data communications lines, and all other information technology equipment, and all associated documentation.

  • 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.

  • REMIC II Assets The REMIC I Regular Interests.

  • 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.

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