Original Assets definition

Original Assets is defined in the Recitals of this Agreement.
Original Assets is defined in the recitals.
Original Assets means the assets owned by Desert Newco, or any of its direct or indirect Subsidiaries treated as a partnership or disregarded entity (but only if such indirect Subsidiaries are held only through Subsidiaries treated as partnerships or disregarded entities) for purposes of the applicable Tax, at the time of the IPO. Original Assets also include any asset that is “substituted basis property” under Section 7701(a)(42) of the Code with respect to any Original Asset.

Examples of Original Assets in a sentence

  • Under the SPA, the aggregate consideration payable by the Purchaser to the Vendor for the Original Assets was S$12,500,000 (the “Original Consideration”).

  • The Ltd Exchanging Subsidiaries delivered to LMDC a schedule (the “Redemption Basis Schedule”) approved by the Audit Committee that showed, in reasonable detail, for purposes of Covered Taxes, (i) the actual tax basis as of the Redemption Date of the Original Assets, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Sale and the Distribution and (iii) the period or periods, if any, over which the Original Assets are amortizable or depreciable for purposes of Covered Taxes.


More Definitions of Original Assets

Original Assets is defined in the preamble of this Agreement.
Original Assets means the assets owned by IBG LLC as of the date of the Original Sale and any asset whose tax basis is determined, in whole or in part, by reference to the adjusted basis of any such asset.
Original Assets. Has the meaning set forth in Section 2.01 of the related Transfer Agreement.
Original Assets means the assets of NCM LLC as of the date hereof (and any asset whose tax basis is determined, in whole or in part, by reference to the adjusted basis of any such asset).
Original Assets means the assets owned by the Corporate Taxpayer and its Subsidiaries (including, for the avoidance of doubt, SkinnyPop) at the time of the IPO. An Original Asset also includes any asset that is “substituted basis property” under Section 7701(a)(42) of the Code with respect to an Original Asset.
Original Assets means all right, title and interest of AFG in, to, and under (i) the Original Leases (including AFG's obligations under the Original Leases) and all monies due or to become due thereunder after the Cut-Off Date and all Collections in respect thereof, (ii) the related Equipment, (iii) the related Lease Files, (iv) the Insurance Policies and any Insurance Proceeds related to the Original Leases and (v) all income and proceeds of the foregoing or relating thereto.
Original Assets is defined in the Recitals of this Agreement. “Original Tax Receivable Agreement” is defined in the Recitals of this Agreement.