Description of Asset Sample Clauses

Description of Asset. Any/all intellectual property and published information provided to Licensee either in transmitted form or as described in Item 7, pg. 9, Format of Asset. Item 7 – Format of Asset – Zsystems of NJ LLC website xxx.xxxxxxxx.xxxxxxxxx and any information contained therein to in- clude proprietary logos, proprietary information, proprietary photos, published documents, the web- site URL, any/all social media site advertising information, or other locations/references to Zsys- tems; and any other proprietary information or proprietary training videos, modules, tests/quizzes, proprietary specialized logos, proprietary photos, written information, published documents, xxxxx- cial model programs, etc. CleanSpace Technology website xxx.xxxxxxxxxxxxxxxxxxxx.xx and any information contained therein to include proprietary logos, proprietary information, proprietary photos, published docu- ments, the website URL, any/all social media site advertising information, or other locations/ references to CleanSpace Technology™; and any other proprietary information or proprietary train- ing videos, modules, tests/quizzes, proprietary specialized logos, proprietary photos, written infor- mation, published documents, financial model programs, etc.

Description of Asset. The TrueSinse™ technique of inducing infertility to any cultivar adds value and piece of mind for any producer. There is no possibility of pollination (accidental or otherwise) of the plants which have undergone this proprietary treatment. Additionally, these cultivars will display the additional advantage of accelerated rooting, usually three times faster than untreated cannabis. The right of the Licensee to use of the TrueSinse™ brand and logo will be reinforced with the Licensors validation on it’s own website directory.

Description of Asset. The trademark “Bong City”. This is approved in Canada and the United States. Item 7. Format of Asset. 1. Approval and description of the trademark attached. Item 8. Approved Purpose 1. Sale of the products listed in the trademark application Attached. Item 9. License Fee. 1. 4% royalty on all sales of products under the trademark “Bong City” in California by Chuma Holdings Inc.

Description of Asset. The asset is the knowhow of how to transform carbon biodegradable molecules into lipids. This knowledge is the asset and is unique, will be transcribed into a manual that will not be published as patent but as an intellectual passport once both parties agree on its timing. The manual and/or digital manual will be produced by the licensor on the 7th day of September 2017.

Description of Asset. The scope of Intellectual Property of Xxxxx Xxxxxxxxx included in this License Agreement. I. Journals Book 2 – Leaves Journal (2005) Book 3 – Brown Leather Journal (2009-2012) Book 4 – Small Black Journal (2012) Book 5 – Purple Journal (2012) Book 6 – Thick Pages Journal I (2012) Book 8 – Purple Plaid Journal (2012-2014) Book 9 – Thick Pages Journal II (2012-2013) Book 10 – Pink Journal (2013-2015) Book 11 – Queer Xxxxx (2014) Book 12 – Black Journal I (2014-2015) Book 13 – Tree Journal (2015-2016) Book 14 – Brown Journal (2015) Book 15 – White Journal (2015) Book 16 – Red Journal I (2015) Book 17 – Red Journal II (2015) Book 18 – Red Journal III (2015) Book 19 – Dark Blue Journal (2015-2016) Book 20 – Light Blue Journal (2016) Book 21 – Light Tan Journal I (2016) Book 22 – Burnt Journal (2016) Book 23 – Light Tan Journal II (2016) Book 24 – Light Tan Journal III (2016) Book 25 – Tan Journal I (2016-2017) Book 26 – A Little Black Book of Poetry (2016) Book 27 – Café Journal (2016) Book 28 – Black Journal II (2016-2017) Book 29 – Little Black Journal (2017) Book 30 – Thin Gray Journal I (2017) Book 31 – Thin Gray Journal II (2017) Book 32 – Hardcover Black Journal I (2017) Book 33 – Soft Black Journal I (2017) Book 34 – Soft Black Journal II (2017) Book 35 – Soft Black Journal III (2017) Book 36 – Tan Journal II (2017) Book 37 – Thin Gray Journal III (2017) Book 38 – Thin Tan Journal I (2017) Book 39 – Thin Tan Journal II (2017) Book 40 – Squiqqle (2017) Book 41 – Thin Tan Journal III (2017) Book 42 – Tan Journal III (2017) Book 43 – Brown Journal II (2017) Book 44 – Brown Journal III (2017) Book 45 – Brown Journal IV (2017) Book 46 – Brown Journal V (2017-2018) Book 47 – Hardcover Black Journal II (2018) Book 48 – Gray Journal (2018-2019) Book 49 – Brown Journal VI (2019) Book 50 – Brown Journal VII (2019) Book 51 – Brown Journal VIII (2019) Book 52 – Brown Journal IX (2019) Book 53 – Small Red Journal (2019) Book 54 – Light Tan Journal IV (2019) Book 55 – Another Light Tan Journal (2019-2020) Book 56 (2020) II. Books 1. Peace to War (2009) 2. Signs C Wonders (2009) 3. A French 9 (2016) 4. A Little Black Book of Poetry (2016) 5. Three More (2016) 6. Queer Xxxxx (2019) 7. Mots (2019)

Description of Asset. In the Municipality of Buccinasco (MI), Xxx xxxxx Xxxxxx, 3, portion of property equipped with area in exclusive usage composed of: - factory building located on the ground floor of approx. 4900 m2. - building containing changing rooms, canteen and offices located on the ground floor measuring a total of approx. 580 m2 - offices on first floor measuring approx. 470 m2 - arcade of about 247 m2 The whole building is illustrated in the Nuovo Catasto Edilizio Xxxxxx (New Cadastral Building Register) of said Municipality under lot 1006362, sheet 15, map 175, subsection 0, Xxx xxxxx Xxxxxx, Category D/1, yield 80,680,000. Supplier: VARIOUS SUPPLIERS DESCRIPTION OF THE ASSET Re-modernization works ING. Lease (Italia) S.p.A. THE USER Schedule "B" to the Financial property lease contract no. 21136 INDEX-LINKING OF PAYMENTS AT "EURIBOR" - EURO INTERBANKING 3-MONTH LETTER The amount of the periodic payment envisaged by the contract will be modified according to the trend in the cost of money during the period of the contract. The EURO INTERBANKING - 3-MONTHS LETTER, EURIBOR quotation, referred to at a specific date, as quoted, with value date on the date of recording, and published in "IL Sole 24 Ore" will be taken as the parameter for calculating the cost of money. Should there be no publication, or if such a publication should be clearly wrong, the first available quotation prior to this date will be used as long as it is not earlier than 7 days. In the event of total non-availability of a quotation of the parameter, the last available quotation will be used. If this non-availability should last for more than one quarter, ING Lease (Italia) S.p.A. will ask a "super partes" authority to index-link an alternative parameter and will also ask for the rules for using such a parameter in order to safeguard the spirit and economic validity of that provided by this schedule. The User shall, now as then, accept anything that may be established in compliance with the procedure defined above. The extent of the adjustment made to the periodic payment will be established as follows: - the "EURIBOR" - Euro Interbanking 3-months letter rate, equal to 3.80% (three point eighty per cent) established on common accord is assumed as the base index. This base index is agreed between the parties irrespective of today's quotation of such a type of pre-selected rate since it is the reference parameter used for formulating the financial schedule of the contract; - for the sole purposes of ...

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Description of Assets Upon the terms and subject to the conditions set forth in this Agreement, Seller does hereby grant, convey, sell, transfer and assign to Buyer the following assets, properties and contractual rights of Seller, wherever located, subject to the exclusions hereinafter set forth: (a) all equipment used or for use in the operation of the Business, including, without limitation, the equipment listed on Schedule 1.1(a) attached hereto and made a part hereof (the "Equipment"); (b) all of the motor vehicles used or for use in the Business, and all radios, attachments, accessories and materials handling equipment now located in or on such motor vehicles (the "Rolling Stock"), as the same are listed and more completely described by manufacturer, model number and model year on Schedule 1.1(b), attached hereto and made a part hereof; (c) all manual and automated routing and billing information and components thereof; (d) all contractual rights of Seller with Seller's customers (whether oral or in writing) relating to the conduct of the Business (the "Customer Accounts"), and all commitments, lists, leases, permits, licenses, consents, approvals, franchises and other instruments relating to the Customer Accounts (the "Related Approvals"); a complete and accurate list of the Customer Accounts and the Related Approvals is set forth on Schedule 1.1(d), attached hereto and made a part hereof, and true and complete copies of all Customer Accounts and Related Approvals shall be delivered to Buyer simultaneously with the execution and delivery of this Agreement; (e) all of Seller's inventory of parts, tires and accessories of every kind, nature and description used or for use in connection with the Business (the "Inventory"); (f) all right, title and interest of Seller in and to all trade secrets, proprietary rights, symbols, trademarks, service marks, logos and trade names used in the Business; (g) all permits, licenses, franchises, consents and other approvals relating to the Business set forth on Schedule 1.1(g), attached hereto and made a part hereof (the "Permits"), true and complete copies of which are attached to Schedule 1.1(g); (h) Seller's leasehold interest in the Land; (i) all of Seller's right, title and interest in and to the name "Suburban Wastewater Services Inc." and the right to use such name (the "Business Name"); (j) all of Seller's existing documents, files and other material related to all current or past customers of the Business; (k) all of Seller's shop tools, nuts and bolts relating to the Business; and (l) all of the goodwill of the Business. All of the foregoing assets, properties and contractual rights are hereinafter sometimes collectively called the "Assets."
Location of Assets To keep any property belonging to the Trust at any place in theUnited States.
Application of Assets Upon dissolution of the Company, the Company shall cease carrying on its business and affairs and shall commence winding up of the Company’s business and affairs and complete the winding up as soon as practicable. The Company’s affairs shall be concluded by the Managers. The assets of the Company may be liquidated or distributed in kind, as determined by the Managers, and the same shall first be applied to the satisfaction (whether by payment or the making of reasonable provision for payment) of the Company’s liabilities and then to the Members. If the assets of the Company shall not be sufficient to pay all of the liabilities of the Company, to the fullest extent permitted by law, no assets of the Company may be sold or disposed of without the written consent of all of the holders of outstanding Securities. To the extent that Company assets cannot either be sold without undue loss or readily divided for distribution in kind to the Members, then the Company may, as determined by the Managers, convey those assets to a suitable holding entity established for the benefit of the Members in order to permit the assets to be sold without undue loss and the proceeds thereof, subject to the Act, distributed to the Member at a future date. The legal form of the holding entity, the identity of the trustee or other fiduciary and the terms of its governing instrument shall be determined by the Managers.
VALUATION OF ASSETS For all purposes of this Agreement, including, without limitation, the determination of the Net Asset Value per Unit of each Class, the assets of this FuturesAccess Fund shall be valued according to the following principles: (a) The Net Assets of this FuturesAccess Fund are its assets less its liabilities determined in accordance with generally accepted accounting principles and as described below. Accrued Performance Fees (as described in the Disclosure Document) shall reduce Net Asset Value, even though such Performance Fees may never, in fact, be paid. (b) For the avoidance of doubt, the Sponsor shall, in general, apply the following principles in valuing this FuturesAccess Fund’s assets: (i) commodity interests and currency interests which are traded on a United States exchange shall be valued at their settlement on the date as of which the values are being determined; (ii) commodity interests and currency interests not traded on a United States exchange shall be valued based upon policies established by the Sponsor, generally based on prices as reported by any reliable source selected by the Sponsor, consistently applied for each variety of interest; (iii) swap agreements shall be valued in the good faith discretion of the Sponsor based on quotations received from dealers deemed appropriate by the Sponsor; (iv) bank and other interest-bearing accounts, Treasury bills and other short-term, interest-bearing instruments shall be valued at cost plus accrued interest; (v) securities which are traded on a national securities exchange shall be valued at their closing price on the date as of which their value is being determined on the national securities exchange on which such securities are principally traded or on a consolidated tape which includes such exchange, whichever shall be selected by the Sponsor, or, if there is no closing price on such date on such exchange or consolidated tape, at the prior day’s closing price; (vi) securities not traded on a national securities exchange but traded over-the-counter shall be valued based on prices as reported by any reliable source selected by the Sponsor; (vii) money-market funds shall be valued at their net asset value on the date as of which their value is being determined; (viii) if on the date as of which any valuation is being made, the exchange or market herein designated for the valuation of any given assets is not open for business, the basis for valuing such assets shall be such value as the Sponsor may deem fair and reasonable; Aspect FuturesAccess LLC
Condition of Assets 4 2.10 TITLE TO AND ENCUMBRANCES ON PROPERTY . . . . . . . . . . . . . . . . . . 4 2.11 INVENTORIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.12 INTELLECTUAL PROPERTY RIGHTS; NAMES . . . . . . . . . . . . . . . . . . .
Acquisition of Assets In the event the Company or any Subsidiary acquires any assets or other properties, such assets or properties shall constitute a part of the Collateral (as defined in the Security Agreement) and the Company shall take all action necessary to perfect the Purchasers’ security interest in such assets or properties pursuant to the Security Agreement.
Distribution of Assets In case the Company shall declare or make any distribution of its assets (including cash) to holders of Common Stock as a partial liquidating dividend, by way of return of capital or otherwise, then, after the date of record for determining shareholders entitled to such distribution, but prior to the date of distribution, the holder of this Warrant shall be entitled upon exercise of this Warrant for the purchase of any or all of the shares of Common Stock subject hereto, to receive the amount of such assets which would have been payable to the holder had such holder been the holder of such shares of Common Stock on the record date for the determination of shareholders entitled to such distribution.
Protection of Assets (a) Except for transactions and activities entered into in connection with the securitization that is the subject of this Agreement, the trust created by this Agreement is not authorized and has no power to: (1) borrow money or issue debt; (2) merge with another entity, reorganize, liquidate or sell assets; (3) engage in any business or activities. (b) Each party to this Agreement agrees that it will not file an involuntary bankruptcy petition against the Trustee or the Trust Fund or initiate any other form of insolvency proceeding until after the Certificates have been paid in full.
REVERSION OF ASSETS (a) Upon expiration of the term of this Agreement, or upon any prior termination, Subrecipient shall transfer to City any funds provided hereunder which are on hand at the time of expiration or termination. (b) In the event City incurs any costs or expenses in enforcing the requirements of this paragraph 15 or in bringing any action to recover the property or amount of any repayment obligation, City shall be entitled to recover its costs and expenses, including reasonable attorney’s fees.
Disposition of Assets No Loan Party shall, and no Loan Party shall suffer or permit any of its Subsidiaries to, directly or indirectly, sell, assign, lease, convey, transfer or otherwise dispose of (whether in one or a series of transactions) any Property (including the Stock of any Subsidiary of any Loan Party, whether in a public or a private offering or otherwise, and accounts and notes receivable, with or without recourse) or enter into any agreement to do any of the foregoing (except subject to compliance with, or termination of, this Agreement), except: (a) dispositions of inventory, or used, worn-out or surplus equipment or defaulted receivables for collection, all in the Ordinary Course of Business; (b) dispositions not otherwise permitted hereunder which are made for fair market value (excluding Accounts, Inventory and notes receivable); provided, that (i) at the time of any disposition, no Event of Default shall exist or shall result from such disposition, (ii) not less than 75% of the aggregate sales price from such disposition shall be paid in cash, (iii) such dispositions are made for fair market value, (iv) the requirements of Section 2.05(b)(ii), to the extent applicable, are complied with in connection therewith, provided that, all Net Cash Proceeds received from dispositions in any Fiscal Year under this clause (b) in an aggregate amount in excess of $7,500,000 per annum shall be paid in accordance with Section 2.03(b) of the Term Credit Agreement or, if applicable, Second Lien Credit Agreement, and (v) after giving effect to such disposition, the Loan Parties are in compliance on a pro forma basis with the covenant set forth in Section 7.19, recomputed for the most recent Fiscal Quarter for which financial statements have been delivered; (c) dispositions of Cash Equivalents; (d) licenses, sublicenses, leases or subleases granted to third parties in the Ordinary Course of Business not interfering with the business of the Loan Parties or any of their Subsidiaries; (e) dispositions constituting an Investment or Restricted Payment permitted under this Agreement; (f) dispositions in connection with an Event of Loss; provided that the requirements of Section 2.05(b) and Section 2.03(b) of the Term Credit Agreement are complied with in connection therewith; (g) dispositions of the assets of any Non-Material Subsidiary; (h) sale-leasebacks of real estate, machinery and equipment with a value not to exceed $10,000,000 in the aggregate; (i) termination of a lease that is not reasonably likely to result in a Material Adverse Effect and does not result from a default by a Loan Party; and (j) any disposition described in the Structure Memorandum.

Description of Asset Sample Clauses

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