Assets to be Sold definition

Assets to be Sold shall have the meaning set forth in Section 2.1.
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Assets to be Sold means the properties or assets reflected on the Master Schedule under the heading "Assets to be Sold."
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Assets to be Sold. Subject to the terms and conditions set forth in this agreement, Seller will sell, convey, transfer, assign, and deliver to Buyer, and Buyer will purchase from Seller, all the assets listed in the Exhibit "A" (all of which are sometimes collectively referred to as the Assets). CONSIDERATION FROM THE BUYER AT EXECUTION OF THIS AGREEMENT: As partial payment of the total cash selling price of fifty thousand U.S. dollars ($50,000), Buyer agrees to pay by cashiers check the sum of ten thousand U.S. dollars ($10,000) at the time of execution of this agreement by all the parties.
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Examples of Assets to be Sold in a sentence

  • Assets to be Sold The Company owns 11 Stores that are currently operating.

  • The December 30, 2000 statement of net assets to be sold (the "December 30, 2000 Statement of Net Assets to be Sold") has been audited and was delivered together with a report of E&Y thereon.

  • EXHIBIT 23.5 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the use of our report on the Statements of Net Assets to be Sold and Net Revenues and Certain Expenses of C.R. Bard, Inc.

  • Assets to be Sold: The Company currently owns approximately 17 parcels of non-operating real estate including closed stores, undeveloped land and office buildings.

  • Purchaser will execute and deliver to Seller any documents reasonably necessary to reassign and transfer any other Assets to be Sold to Seller.

  • Purchaser also may terminate this Agreement and require Seller to repurchase from it all Assets to be Sold if forty-five (45) days after the Closing Date Seller shall have failed to provide to Purchaser all information required by Purchaser under this Agreement to determine the Preliminary Purchase Price, or if after the Closing Date and prior to payment of the Preliminary Purchase Price by Purchaser, Seller shall have breached any covenant to be performed by it under this Agreement.

  • Seller shall obtain all consent(s) required to be obtained by Seller in connection with the sale, transfer and assignment to Purchaser of the Assets to be Sold including, without limitation, the consents specified in Section 5.5 hereof.

  • Assets to be Sold as Part of Apparel Business.......................................

  • As of the Transfer Date Seller will remove the Assets to be Sold from the Securitization Agreements and cause the lien of all Securitization Agreements (and all UCC financing statements filed in connection therewith), to the extent they affect the Assets to be Sold, to be released and discharged, such that the Account Balances will be sold to Purchaser free of the Liens of any Securitization Agreements.

  • There are no leases, contracts or other agreements that are material to the Assets to be Sold that would affect the purchase or operation thereof by the Purchaser.


More Definitions of Assets to be Sold

Assets to be Sold means the commercial and vacant properties adjacent to the St. Clair Inn, the marina slips owned and operated by GH Resort or GH Yacht Club, and the residential properties and undeveloped land adjacent to the Thomxx Xxxxxx Xxx, all as more particularly described on the attached Exhibit "C."
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Assets to be Sold means the commercial properties adjacent to the St. Clair Inn, the marina slips adjacent to the Spring Lake Holiday Inn, and the residential properties and undeveloped land adjacent to the Xxxxxx Xxxxxx Inn, all as more particularly described on the attached Exhibit "C."
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Assets to be Sold means, collectively, the Account Assets and the Securitization Assets.
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Related to Assets to be Sold

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

  • Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Buyer Financial Statements has the meaning set forth in Section 4.7.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • Statutory Statements has the meaning set forth in Section 3.6(a).

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Authority charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.

  • Year-End Financial Statements has the meaning specified in Section 4.5.

  • Receivables Purchase Price means $1,652,997,849.97.

  • Receivables and Related Assets means any account receivable (whether now existing or arising thereafter) of the Company or any Restricted Subsidiary of the Company, and any assets related thereto including all collateral securing such accounts receivable, all contracts and contract rights and all Guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other assets which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transaction involving accounts receivable.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Purchaser Schedule means the Purchaser Schedule to this Agreement listing the Purchasers of the Notes and including their notice and payment information.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

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

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).

  • Sellers Disclosure Schedule means the disclosure schedule delivered by the Sellers to the Purchaser on the date hereof.

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

  • Locational UCAP Seller means a Member that sells Locational UCAP.