Excepted Assets. (i) The U.S.$250 proceeds of share capital contributed by ARMS Equity as the holder of the ordinary shares of the Issuer, the U.S.$250 representing a profit fee to the Issuer, and, in each case, any interest earned thereon and the bank account in which such amounts are held and (ii) the Preferred Share Distribution Account and all of the funds and other property from time to time deposited in or credited to the Preferred Share Distribution Account.
Excepted Assets means the grid system, electric distribution assets necessary for the Purchaser to fulfil its duties under the Xxxxxxxxxxx Xxx, 0000, and assets protected by diplomatic and consular privileges under 1978 Immunity Act of the United Kingdom and the 0000 Xxxxxxxxx Xxxxxxxx Xxx xx xxx Xxxxxx Xxxxxx and Government Proceedings Act or any successor or analogous legislation.
Excepted Assets. (i) The U.S. $250 of capital contributed by the holder of the ordinary shares of the Issuer, the U.S. $250 transaction fee paid to the Issuer, together with, in each case, any interest earned thereon and the bank account in which such monies are held and (ii) the Preferred Shares Distribution Account and all of the funds and other property from time to time deposited in or credited to the Preferred Shares Distribution Account.
Examples of Excepted Assets in a sentence
Corporate Applicants may also be able to strengthen the trading position of their group for the purposes of accessing the Substantial Shareholdings Exemption on the sale of a subsidiary so that a gain arising on such a qualifying disposal of a member of the group is not subject to Corporation Tax.Please refer to Appendix I for more information on Excepted Assets and the Substantial Shareholdings Exemption.For Individual Applicants, TIME:CTC provides the following key benefits:1.
If the student and/or parent disagree with the decision of the Principal, he/she may appeal to the Superintendent of Schools who will render a decision within two days.
The Investment Adviser will undertake regular due diligence, as far as practical, on the Investee Companies to consider whether they hold or have acquired assets that might be considered to be Excepted Assets by HM Revenue & Customs.
More Definitions of Excepted Assets
Excepted Assets means all bills, notes and other instruments, accounts receivable, claims, credits, judgments, demands, general intangibles, licenses and privileges (except franchises and permits), emissions allowances, choses in action, patents, patent applications, patent licenses and other patent rights, trade names, trademarks and all contracts, leases and agreements of whatsoever kind and nature, other than any of the foregoing which are by the express provisions of the Mortgage subjected or required to be subjected to the Lien of the Mortgage.
Excepted Assets has the meaning assigned to such term in Section 10.11.
Excepted Assets means all bills, notes and other instruments, accounts receivable, claims, credits, judgments, demands, general intangibles, licenses and privileges (except franchises and permits), emissions allowances, choses in action, patents, patent applications, patent licenses and other patent rights, trade names, trademarks and all contracts, leases and agreements of whatsoever kind and nature, other than any of the foregoing which are by the express provisions of the Mortgage Indenture subjected or required to be subjected to the lien of the Mortgage Indenture.
Excepted Assets means (i) Assets sold or otherwise disposed of in the ordinary course of business (including, without limitation, Assets distributed to shareholders) (ii) Assets the net proceeds of the sale of which are invested in Assets in similar or related lines of business of the Borrower or its Subsidiaries and/or applied to repay Debt of the Borrower or its Subsidiaries (including the purchase of debt securities for cancellation), in each case within 18 months of the receipt of such net proceeds, (iii) Assets the net proceeds of the sale of which are retained by the Borrower or its Subsidiaries as cash or marketable securities, and (iv) Assets being transferred from one wholly-owned Subsidiary of the Borrower to another wholly owned Subsidiary of the Borrower.
Excepted Assets means the Utility Grid System, electric generation assets and equipment, electric transmission or distribution assets, or other assets, necessary for the fulfillment by the Utility of its duties and responsibilities under the Laws of [COUNTRY].
Excepted Assets. The meaning ascribed thereto in Section 16.4.2.
Excepted Assets means the rights of any Chargor arising under any of the following to the extent that those rights are not subject to the relevant Security because of contractual terms or mandatory provisions of law prohibiting that Security:-