Unrestricted Assets definition

Unrestricted Assets means assets that can be converted to cash.

Unrestricted Assets means the aggregate amount of Cash and Cash Equivalents held in accounts on the consolidated balance sheet of Borrower and its Consolidated Subsidiaries, to the extent that (a) the application of such Cash and Cash Equivalents to payment of the applicable Debt is not prohibited by Applicable Law or other agreement and (b) such Cash and Cash Equivalents are free and clear of all Liens (other than Liens permitted under Sections 5.14(j) and 5.14(l)).

Unrestricted Assets means assets that can be converted to cash for financial support. Unrestricted assets shall be considered in the determination of a consumer’s financial liability for services in the sliding fee calculation.

Examples of Unrestricted Assets in a sentence

• Notwithstanding the terms of the Design Build Finance and Maintain Agreement and Security Documents, the Agent agrees that the Authority may exercise its rights to have transferred to it or its nominee any Unrestricted Assets following the Termination Date and the Agent will not exercise or seek to exercise any enforcement rights and shall on or before the date any Unrestricted Assets are transferred to the Authority or its nominee, as the case may be, release its security over them.

• On the Expiry Date the Facility Agent or Security Trustee (as relevant), acting on behalf of itself and the Secured Finance Parties, shall release any security granted in its favour over any Unrestricted Assets which have not previously been assigned or otherwise transferred to the Authority.

• On the Expiry Date the Facility Agent or Security Trustee (as relevant), acting on behalf of itself and the Secured Finance Parties, shall release any security granted in its favour over any Unrestricted Assets which have not previously been assigned to the Authority.

More Definitions of Unrestricted Assets

Unrestricted Assets means (i) the Revlon, Inc. Nonpledged Shares, (ii) Capital Stock of Unrestricted Subsidiaries and (iii) all dividends, cash and other property and proceeds (including proceeds of sale) from time to time received, receivable or otherwise distributed in respect of or in exchange for any of the foregoing.

Unrestricted Assets has the meaning given to it in Schedule E to the Equity Purchase Agreement.

Unrestricted Assets means the aggregate amount of Cash and Cash Equivalents held in accounts on the consolidated balance sheet of the Borrower and its Consolidated Subsidiaries.

Unrestricted Assets means those [Assets], excluding any revenues or cash balances or claims outstanding at the date of transfer under any Sub-Contract, which are required by the Authority or its nominee or any replacement of Sub-hubco for the purposes of the construction, operation or maintenance of the Facilities following termination, assuming such construction, operation or maintenance is carried out on terms substantially the same as the terms of the Design Build Finance and Maintain Agreement. “

Unrestricted Assets means (i) Withdrawn Shares, (ii) Capital Stock of Unrestricted Subsidiaries and (iii) all dividends, cash and other property and proceeds (including proceeds of sale) from time to time received, receivable or otherwise distributed in respect of or in exchange for any of the foregoing.

Unrestricted Assets means those assets as described in Schedule VI, ------------------- together with (i) any properties and assets acquired in consideration or exchange for, or with the proceeds of, the sale, lease, conveyance, disposition or other transfer of, or Recovery Event with respect to, any properties and assets described Schedule VI or the proceeds thereof, and (ii) the proceeds of the sale, lease, conveyance, disposition or other transfer of, or Recovery Event with respect to, any properties and assets described Schedule VI or described in clause (i) above.

Unrestricted Assets means those Assets, excluding any revenues or cash balances or rights accrued as at the Expiry Date (or, if earlier, the Termination Date as the case may be) under or pursuant to or in connection with any Services Contract or any Project Document (but not under or pursuant to or in connection with any of the Required Insurances) which are required by the Authority or its nominee or any replacement of the Service Provider for the purposes of the construction, operation or maintenance of the Apparatus following termination of the Contract assuming such construction, operation or maintenance is carried out on terms substantially the same as the terms of the Contract