Division of Assets. Property belonging to the parties on the date of marriage shall remain their separate property. The parties acknowledge that they have acquired or maintained various items of personal and intangible property during the course of their marriage which has been equitably distributed between them. Each party shall retain ownership and possession of the personal property items in their separate possession and shall assume the debt against those personal property items. Include all bank, retirement and stock accounts, as well as vehicles. The equitable division of the assets and liabilities is as follows: Description Value A.
Division of Assets. We divide our assets (everything we own and that is owed to us) as follows: Any personal item(s) not listed below is the property of the party currently in possession of the item(s).
1. Wife shall receive as her own and Husband shall have no further rights or responsibilities regarding these assets: ASSETS: DESCRIPTION OF ITEM(S) WIFE SHALL RECEIVE To avoid confusion at a later date, describe each item as clearly as possible. LIST ONLY THE LAST FOUR DIGITS OF ACCOUNT NUMBERS. Where applicable, include whether the name on any title/deed/account described below is wife’s, husband’s, or both. Current Fair Market Value Cash (on hand) $ Cash (in banks/credit unions) Stocks/Bonds Notes (money owed to you in writing) Money owed to you (not evidenced by a note) Real estate: (Home) (Other) Business interests Automobiles Boats Other vehicles Retirement plans (Profit Sharing, Pension, IRA, 401(k)s, etc.) Furniture & furnishings in home Furniture & furnishings elsewhere Collectibles Life insurance (cash surrender value) Sporting and entertainment (T.V., stereo, etc.) equipment Other assets
2. Husband shall receive as his own and Wife shall have no further rights or responsibilities regarding these assets: Cash (on hand) $ Cash (in banks/credit unions) Stocks/Bonds Notes (money owed to you in writing) Money owed to you (not evidenced by a note) Real estate: (Home) (Other) Business interests Automobiles Boats Other vehicles Retirement plans (Profit Sharing, Pension, IRA, 401(k)s, etc.) Furniture & furnishings in home Furniture & furnishings elsewhere Collectibles Life insurance (cash surrender value) Sporting and entertainment (T.V., stereo, etc.) equipment Other assets b
Division of Assets. Upon dissolution and after payment in full of all outstanding Bonds and other Commission obligations, the Governing Board shall equitably disburse the assets of the Commission to the then current Members. After deducting costs, any cash or other assets jointly shared shall be disbursed, or interests deeded, pro rata.
Division of Assets. Each party shall receive any and all, tangible and intangible, property in his/her possession including personal items and household goods, unless stated otherwise in this agreement.
Division of Assets. We divide our assets (everything we own and that is owed to us) as follows: Any personal item(s) not listed below is the property of the party currently in possession of the item(s).
1. Wife shall receive as her own and Husband shall have no further rights or responsibilities regarding these assets: Cash (on hand) $ Cash (in banks/credit unions) Stocks/Bonds Notes (money owed to you in writing) Money owed to you (not evidenced by a note) Real estate: (Home) (Other) Business interests Automobiles Boats Other vehicles Retirement plans (Profit Sharing, Pension, IRA, 401(k)s, etc.) Furniture & furnishings in home Furniture & furnishings elsewhere Collectibles Jewelry Life insurance (cash surrender value) Sporting and entertainment (T.V., stereo, etc.) equipment Other assets
2. Husband shall receive as his own and Wife shall have no further rights or responsibilities regarding these assets: Cash (on hand) $ Cash (in banks/credit unions) Stocks/Bonds Notes (money owed to you in writing) Real estate: (Home) (Other) Business interests Automobiles Boats Other vehicles Retirement plans (Profit Sharing, Pension, IRA, 401(k)s, etc.) Furniture & furnishings in home Furniture & furnishings elsewhere Collectibles Jewelry Life insurance (cash surrender value) Sporting and entertainment (T.V., stereo, etc.) equipment Other assets
Division of Assets. (1) If the RRC is to be wound up and there remains, after satisfaction of all its debts and liabilities, any property and assets of the RRC then the property and assets are to be realised and -
(a) firstly, to the extent that the proceeds, along with any surplus funds, are sufficient to do so the Participants are to be repaid their respective capital contributions as shown in the accounting records of the RRC; and
(b) secondly, the balance, if any, is to be divided among the Participants in the proportions set out in Schedule 4.
(2) For the avoidance of doubt, for the purposes of subclause (1), the capital contributions of the Participants do not accrue interest.
Division of Assets. Subject to necessary regulatory approvals and implementation, CRR's routes ("Routes"), assets in proximity to such Routes ("Assets Related to the Routes") and certain facilities (the "Facilities") will be divided and made available to CSX and NSC, and where indicated CSX and NSC will have Joint Use/Shared Access relating to "Shared Assets" (as defined below), all as specified in the map and the schedules thereto which are attached as part of Exhibit A (it being understood that the portion of Exhibit A entitled "Conrail Line Allocation" is not intended to represent the precise cutpoints of Routes, which will be determined in connection with the negotiation of the Definitive Documentation based on operational practicalities, but rather is intended to be descriptive of the line segments agreed to by the parties in Exhibit A). Pursuant to this division, except as provided more specifically hereafter or more fully explained herein, following the implementation date of this division, (i) NSC will acquire use of and responsibility for the management and costs (including lease costs, if any) of the Altoona and Hollidaysburg shops, and (ii) CSX will acquire use of and responsibility for the management and costs (including lease costs) of the CRR headquarters building and the CRR information technology facilities in Philadelphia; provided that to the extent that a Facility referred to in (i) or (ii) immediately prior to such implementation date was operated by CRR for the benefit of the CRR system as a whole, the party to which such Facility is allocated will accommodate the needs of the other party for a transition period following such implementation date, as will be provided in the Definitive Documentation. 6 Notwithstanding (i) and (ii) above, CSX and NSC will jointly use and have responsibility for the following ("System Support Operations"): the customer service center in Pittsburgh; the crew management facility in Dearborn; the system maintenance-of-way equipment center in Canton; the signal repair center in Columbus; and the management of a portion of CRR headquarters function and management at System Support Operations sufficient for the management of the Surviving Corporation ("Continuing Conrail Management"). The Continuing Conrail Management will be comprised of those employees of CRR selected by both CSX and NSC to operate the Surviving Corporation (including the System Support Operations). The costs of Continuing Conrail Management and of operating the...
Division of Assets. We divide our assets (everything we own and that is owed to us) as follows: Any personal item(s) not listed below is the property of the party currently in possession of the item(s).
A. Wife shall receive as her own and Husband shall have no further rights or responsibilities regarding these assets: [ ] Cash (on hand) $ [ ] Cash (in banks/credit unions) [ ] [ ] Stocks/Bonds [ ] [ ] Notes (money owed to you in writing) [ ] [ ] [ ] Money owed to you (not evidenced by a note) [ ] [ ] [ ] Real estate: (Home) [ ] (Other) [ ] [ ] Business interests [ ] [ ] [ ] [ ] Boats [ ] Other vehicles [ ] [ ] Retirement plans (Profit Sharing, Pension, IRA, 401(k)s, etc.) [ ] [ ] [ ] Furniture & furnishings in home [ ] [ ] Furniture & furnishings elsewhere [ ] [ ] Collectibles [ ] [ ] Jewelry [ ] [ ] Life insurance (cash surrender value) [ ] [ ] Sporting and entertainment (T.V., stereo, etc.) equipment [ ] [ ] [ ] Other assets [√ ] All personal belongings in the Wife’s possession. [ ] [ ] [ ] [ ]
B. Husband shall receive as his own and Wife shall have no further rights or responsibilities regarding these assets: [ ] Cash (on hand) $ [ ] Cash (in banks/credit unions) [ ] [ ] Stocks/Bonds [ ] [ ] Notes (money owed to you in writing) [ ] [ ] [ ] Money owed to you (not evidenced by a note) [ ] [ ] [ ] Real estate: (Home) [ ] (Other) [ ] [ ] Business interests [ ] [ ] [ ] [ ] Boats [ ] Other vehicles [ ] [ ] Retirement plans (Profit Sharing, Pension, IRA, 401(k)s, etc.) [ ] [ ] [ ] Furniture & furnishings in home [ ] [ ] Furniture & furnishings elsewhere [ ] [ ] Collectibles [ ] [ ] Jewelry [ ] [ ] Life insurance (cash surrender value) [ ] [ ] Sporting and entertainment (T.V., stereo, etc.) equipment [ ] [ ] [ ] [ ] Other assets [√ ] All personal belongings in Husband’s possession. [ ] [ ] [ ]
Division of Assets. Upon termination, the Parties shall immediately dissolve the Partnership and liquidate all assets of the Partnership. To the extent permitted by law, the proceeds from the liquidation of the assets and any remaining assets of the Partnership shall be distributed as follows:
Division of Assets a) Upon Termination of this Agreement. Upon termination or dissolution of this agreement, all real and personal property of the INFINITY joint powers board shall be utilized, as a first priority, to pay off any existing or contingent liabilities. Upon the payment of all existing and contingent liabilities, any and all surplus monies and property shall be returned to the remaining parties to this agreement in equal amounts, or as otherwise agreed upon by the parties.
