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.
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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.
Sample 1
Description of Asset. The scope of Intellectual Property of Xxxxx Xxxxxxxxx included in this License Agreement.
Sample 1
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 ...
Sample 1
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.
Sample 1
Description of Asset. 1. 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.
Sample 1

Related to Description of Asset

  • 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 all of its right, title and interest in and to all of the assets, properties and contractual rights owned by Seller or used by Seller in connection with the Business, wherever located, except for the Excluded Assets (as hereinafter defined), including, but not limited to, the following:

  • Location of Assets To keep any property belonging to the Trust at any place in the United 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 (a) Except as may be required by the 1940 Act, the Board of Managers shall value or have valued any Securities or other assets and liabilities of the Fund as of the close of business on the last day of each Fiscal Period in accordance with such valuation procedures as shall be established from time to time by the Board of Managers and which conform to the requirements of the 1940 Act. In determining the value of the assets of the Fund, no value shall be placed on the goodwill or name of the Fund, or the office records, files, statistical data or any similar intangible assets of the Fund not normally reflected in the Fund's accounting records, but there shall be taken into consideration any items of income earned but not received, expenses incurred but not yet paid, liabilities, fixed or contingent, and any other prepaid expenses to the extent not otherwise reflected in the books of account, and the value of options or commitments to purchase or sell Securities or commodities pursuant to agreements entered into prior to such valuation date.

  • Condition of Assets 4 2.10 TITLE TO AND ENCUMBRANCES ON PROPERTY . . . . . . . . . . . . . . . . . . 4 2.11 INVENTORIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2.12 INTELLECTUAL PROPERTY RIGHTS; NAMES . . . . . . . . . . . . . . . . . . . 4 2.13

  • 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 Fund created by this Agreement is not authorized and has no power to:

  • Disposition of Assets; Etc The Borrower will not, and will not permit any of its Subsidiaries to, sell, lease, license, transfer, assign or otherwise dispose of any of its business, assets, rights, revenues or property, real, personal or mixed, tangible or intangible, whether in one or a series of transactions, other than inventory sold in the ordinary course of business upon customary credit terms, sales of scrap or obsolete material or equipment, the lapse of intellectual property of the Borrower or any of its Subsidiaries that is no longer useful or material to their business and sales of fixed assets the proceeds of which are used to purchase other property of a similar nature of at least equivalent value within 180 days of such sale, provided, however, that this Section 6.09 shall not (a) prohibit any sale or other transfer of an interest in accounts or notes receivable to a Securitization Entity pursuant to Permitted Securitization Transactions if the aggregate outstanding principal amount of the Indebtedness under all Permitted Securitization Transactions does not exceed $250,000,000, (b) prohibit any sale or other transfer of any asset of the Borrower or any Subsidiary to the Borrower or any Subsidiary that is a Guarantor and (c) prohibit any such sale, lease, license, transfer, assignment or other disposition if the aggregate book value (disregarding any write-downs of such book value other than ordinary depreciation and amortization) of all of the business, assets, rights, revenues and property sold, leased, licensed, transferred, assigned or otherwise disposed of after the Effective Date and on or prior to such transaction date shall be less than 40% of the aggregate book value of the Consolidated Total Assets as of the end of the fiscal year immediately preceding such transaction and the aggregate amount of businesses, assets, rights, revenues and property sold, leased, licensed, transferred, assigned or otherwise disposed of after the Effective date and on or prior to such transaction date shall be responsible for less than 40% of the consolidated net sales or net income of the Borrower and its Subsidiaries for the fiscal year immediately preceding the date of such transaction, and if immediately after any such transaction, no Default shall exist or shall have occurred and be continuing.

  • Disposition of Assets To sell, exchange, lend, pledge, mortgage, hypothecate, write options on and lease any or all of the assets of the Trust;

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