Sale Assets definition

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

Sale Assets has the meaning given such term in Section 5.2(b).

Sale Assets shall have the meaning given such term in the Recitals of this Agreement.

Examples of Sale Assets in a sentence

• On termination of this PPP Agreement in accordance with this Clause 26, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Sale Assets and Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination but also pay the Private Party the depreciated value for any capital investments made.

• As soon as reasonably practical following the granting of the SISP Approval Order, the Petitioners shall set up and populate an electronic data room with all relevant material information in respect of the Petitioners and the Sale Assets.

• Good and marketable title to the Sale Assets shall be sold, assigned, transferred and conveyed to Purchaser by Seller at the Closing, free and clear of all claims, liabilities, taxes, liens, security interests, encumbrances, restrictions and adverse rights of use or ownership, of any kind.

• The Petitioners will conduct a SISP whereby prospective purchasers and investors will have the opportunity to submit a bid for some or all of the Sale Assets (a “Purchase Bid”) or make an investment in the Petitioners’ business or any part thereof (an “Investment Bid”).

• The obligations of Seller to sell and transfer the Sale Assets under this Agreement are subject to the satisfaction, at or before the Closing, of all the following conditions.

More Definitions of Sale Assets

Sale Assets has the meaning specified in Section 15.3(a).

Sale Assets is defined in Section 7.2(a).

Sale Assets is defined in Section 4.2(a).

Sale Assets means the Real Property Assets and any personal property assets of the PAALC incidental to the Real Property Assets which are not part of the Excluded Assets and the Ground Lease which is are being sold pursuant to the terms of the PSA.

Sale Assets has the meaning ascribed to such term in Section 3.4.

Sale Assets has the meaning set forth in Section 2.1.

Sale Assets means all Assets to be transferred, conveyed, sold, and assigned by the Debtors to the Purchasers under the Sale Agreements.