Existing Assets definition

Existing Assets. Each Asset purchased by the Seller under the Sale Agreement and owned by the Seller on the Closing Date.
Existing Assets means (i) the Transferor Interest (as defined in the Pooling and Servicing Agreement), (ii) the Receivables existing at the opening of business on the Effective Date and arising from the Accounts, (iii) all Related Assets with respect to such Receivables, (iv) all right, title and interest of RPA Seller (in its capacity as Transferor (as defined in the Pooling and Servicing Agreement) but not as Servicer (as defined in the Pooling and Servicing Agreement)) under the Existing PSA and the other Transaction Documents (as defined in the Pooling and Servicing Agreement), including any loan agreements and Supplements executed in connection with any Series of Investor Certificates and (v) all right, title and interest of RPA Seller, in its capacity as Transferor under (and as defined in) the Pooling and Servicing Agreement to any funds on deposit in any Series Account (as defined in the Pooling and Servicing Agreement) maintained for the benefit of any Series or Class of Investor Certificates.
Existing Assets means assets of the Company existing at the Issue Date (other than cash, Cash Equivalents or inventory held for resale in the ordinary course of business) and including proceeds of any sale of such assets and assets acquired in whole or in part with proceeds from the sale from any such assets.

Examples of Existing Assets in a sentence

  • SFPUC has previously advanced funds to acquire or construct Existing Assets used and useful in the delivery of water to both Wholesale Customers and Retail Customers.

  • The Wholesale Customers’ repayment of their share of Hetch Hetchy Existing Assets (Water-Only and the Water-Related portion [45 percent] of Joint assets) is shown on Attachment K-4 accompanying Section 5.03.

  • Depreciation Existing Assets is the depreciation expense related to the plant in service not associated with the proposed Maryland Broadband Infrastructure Grant project.

  • During the period of any Termination Notice issued under this Agreement, the Authority shall be entitled to carry out or procure the carrying out of the final survey of the Healthcare Facilities, the Site, the Existing Assets and the New Assets to assess whether they have been and are being maintained by the Service Provider in accordance with this Agreement and if they are in a condition that will meet the Divestment Requirements.

  • The Site and the Existing Assets shall be made available by the Authority to the Service Provider pursuant hereto free from all Encumbrances and occupations and without the Service Provider being required to make any payment to the Authority on account of any costs, compensation, expenses and charges for the acquisition and use of the Site or the Existing Assets for the duration of the Term, except insofar as otherwise expressly provided in this Agreement.


More Definitions of Existing Assets

Existing Assets means infrastructure components, plant, machinery, equipment and any other units existing at the site as on the Commencement Date in the Departments custody;
Existing Assets means Assets owned by the Borrower or a Subsidiary of the Borrower on June 30, 1999.
Existing Assets means property, plant and equipment and other tangible business assets existing as of the Issue Date used in a Telecommunications Business of the Company, but does not include cash or Cash Equivalents existing on the Issue Date, and the proceeds from the sale, disposition or other transfer of any Existing Assets outside the ordinary course of business.
Existing Assets means assets of the Company and its --------------- Subsidiaries existing at the Amendment Date (other than cash, Cash Equivalents or inventory held for resale in the ordinary course of business) and including proceeds of any sale, transfer or other disposition of such assets and assets acquired in whole or in part with proceeds from the sale, transfer or other disposition of any such assets.
Existing Assets means (i) the Transferor Interest (as defined in the Pooling and Servicing Agreement), (ii) the Receivables existing at the opening of business on the Effective Date and arising from the Accounts, (iii) all Related Assets with respect to such Receivables, (iv) all right, title and interest of RPA Seller (in its capacity as Transferor (as defined in the Existing PSA) but not as Servicer (as defined in the Pooling and Servicing Agreement)) under the Existing PSA and the other Transaction Documents (as defined in the Pooling and Servicing Agreement), including any loan agreements and Supplements executed in connection with any Series of Investor Certificates and (v) all right, title and interest of RPA Seller, in its capacity as Transferor under (and as defined in) the Existing PSA to any funds on deposit in any Series Account (as defined in the Existing PSA) maintained for the benefit of any Series or Class of Investor Certificates.
Existing Assets means all assets owned on the Effective Date by TWC or by any of its Subsidiaries (other than the MLP, the MLP’s Subsidiaries or the Non-Recourse Subsidiaries).
Existing Assets means collectively the movable and immovable assets that constitute the Works owned by the Council associated with or connected to the Supply of Water Services within the Concession Area as at the Effective Date or, if the context is appropriate any one of them. The Existing Assets as at the signature date are reflected in the asset schedules annexed hereto marked [ ];