Distributed Assets definition

Distributed Assets has the meaning set forth in Section 12.3(d).

Distributed Assets shall have the meaning specified in Section 5.3(d).

Distributed Assets has the meaning set forth in Section 6.05(a)(iv).

Examples of Distributed Assets in a sentence

• Except as described in Schedule 6.6, since January 1, 1999, neither the Company nor any Company Subsidiaries has made any loans, contributions or advances to any Distributed Subsidiary or with respect to any Distributed Assets.

• Upon the terms and subject to the conditions contained herein, Idun hereby conveys, transfers, assigns and delivers to Conatus, as a distribution with respect to the Idun stock held by Conatus, and Conatus hereby acquires and accepts from Idun, of all of Idun’s right, title and interest, as of the Effective Date, in and to the Distributed Assets.

• Notwithstanding anything to the contrary herein, Conatus shall be responsible for any documentary and transfer taxes and any sales, use or other taxes imposed by reason of the transfer of the Distributed Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto, shall file in a timely manner all tax returns relating to such taxes and shall hold Idun harmless from same.

• SpinCo hereby waives compliance by each and every member of the SpinCo Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the SpinCo Distributed Assets to any member of the SpinCo Group.

• FAC will provide First Union with a blanket indemnity against any and all claims of whatever kind or nature including but not limited to environmental claims relating to the use, ownership, lease, operation or maintenance of the Distributed Assets and for any or all liabilities, obligations, claims, causes of action or any other liabilities arising or related to the Distributed Assets or the Proposed Transaction.

More Definitions of Distributed Assets

Distributed Assets has the meaning set forth in Section 9.8(c).

Distributed Assets means (i) approximately 1,600 acres of idle land located in Honduras with a Fair Market Value of approximately $12,000,000 and (ii) the Equity Interests of Westlake Wellbeing Company, in each case to be distributed by the U.S. Borrower as part of the IPO Transactions.

Distributed Assets has the meaning specified in ‎Section 10.05(d).

Distributed Assets has the meaning specified in Section 10.05(d).

Distributed Assets has the meaning set forth in Section 12.4(4).

Distributed Assets means, in relation to a company, assets of the company to which subsection (3) of section forty-six of this Act applies which were disposed of or distributed by the company as mentioned in that subsection, and " value of the distribution" means, in relation to any distributed assets, the value thereof or, if partial consideration (other than the extinguishment, or an alteration, of rights attaching to shares in or debentures of a company to which that section applies) was given for the distribution in money or money's worth received by the company for its own use and benefit, the value thereof less the value of the consideration given;

Distributed Assets means all of the assets, tangible and intangible, of Idun, wherever located, that are primarily used or primarily held for use by Idun in the conduct of the Business as of the Effective Date, including without limitation the following assets, which are listed on Schedule 1.1 hereto: