Leased Assets. The term "Leased Assets" shall have the meaning ascribed thereto in Section 3.6.
Leased Assets. Part 2.7(b) of the Disclosure Schedule identifies all assets that are material to the business of any of the Acquired Companies and that are being leased to any of the Acquired Companies for which the annual rental payment for each such asset exceeds US $50,000.
Leased Assets. Part 2.7(b) of the Disclosure Schedule identifies all assets that are being leased to Company.
Leased Assets. At the Closing, the Buyer, at its expense, shall pay off or refinance the leases on the vehicles listed on Schedule 4.6 attached hereto, and in connection therewith shall obtain the release of Parent and the Company for all liability under such vehicle leases. As soon as practicable (but in any event within 90 days) after the Closing Date, the Buyer, at its expense, shall pay off or refinance the leases on the other assets listed on Schedule 4.6 attached hereto, and in connection therewith shall obtain the release of Parent and the Company for all liability under such leases.
Leased Assets. To the extent any of the items of office equipment ------------- listed in Section 2.4(a) above are leased and not owned, Seller, Reserves LLC and the Partnership shall use their best efforts to cause such leases to be assigned to Buyer at Closing.
Leased Assets. At the Closing, the Buyer, at its sole option and expense, shall have the option to (i) pay off, refinance or take an assignment of the leases (as legally permitted) on the vehicles and equipment of the Business, and in connection therewith shall obtain the release of the Seller for all liability under such leases or (ii) execute a sublease with the Seller on all of the leases on the vehicles and equipment of the Business consistent with the terms of Seller’s lease. As soon as practicable (but in any event within sixty (60) days) after the Closing Date, the Buyer, at its sole option and expense, shall (i) pay off, refinance or take an assignment of the leases on the other leased assets of the Business, and in connection therewith shall obtain the release of the Seller for all liability under such leases or (ii) execute a sublease with the Seller on all of the other leased assets of the Business consistent with the terms of Seller’s lease.
Leased Assets. Schedule 3.14 contains a description of all of ------------- the real and personal property leased pursuant to the Contracts, which are the only assets used in the conduct of the Business which are not owned by the Seller. The Seller is not in default of any such lease.
Leased Assets. Any of the following items of personal property owned by the Company Subsidiary and leased to (A) IMS Health or (B) any Affiliate of IMS Health, guaranteed by IMS Health (to the extent permitted pursuant to Section 5.04(h) hereof) pursuant to the Master Lease executed in accordance with Section 5.04(h) hereof (“Leased Assets”):
Leased Assets. The Leased Assets II are unmanned intelligent containers, with an estimated fair value of RMB9,884,336. The Leased Assets III are unmanned intelligent containers, with an estimated fair value of RMB6,667,000. The Leased Assets IV are unmanned intelligent containers, with an estimated fair value of RMB10,000,500. The Leased Assets V are unmanned intelligent containers, with an estimated fair value of RMB10,333,850. The Lessee does not separately account for the pre tax and post tax profits of the Leased Assets. The transfer price for the acquisition of Leased Assets under the Finance Lease Agreements shall be allocated by the internal resources of the Company. If the Lessee has properly and fully performed all of its obligations under the Finance Lease Agreements, the Lessee is entitled to acquire the Leased Assets at the consideration of RMB100 in nominal value pursuant to the terms and conditions of the Finance Lease Agreements, upon the expiry of the Finance Lease Agreements.
Leased Assets. The Leased Assets are held under valid and subsisting Leases, each of which is listed in Schedule D. Each Lease is in full force and effect and without amendment thereto, and the Leases and the Leased Assets are free and clear of all Encumbrances. Except for the Leases, there are no leases, agreements to lease, tenancy arrangements or licences to which the Vendor is a party which have a capitalized value in excess of $1,000. The Vendor has not previously assigned the Leases nor sublet their interest in any of the Leased Assets under the Leases. The Vendor has not released any of the other parties to such leases from the performance of any of their obligations thereunder. The Vendor is not in breach of any of the terms of any Leases, and the Vendor is not aware of any of the other parties to the Leases being in breach of any of the terms of the Leases, and, to the best of the knowledge of the Vendor and Xxxxx, no event or condition has occurred which, either immediately or after notice or lapse of time or both, could give rise to the cancellation or termination of any of the Leases. There are no prepaid rents, rent-free periods or outstanding lessor's contributions or obligations for lessee incentives under any of the Leases which consist of subleases under which the Vendor is a sublessor. The Vendor has no knowledge of anything or matter which does or shall give any of the sublessees under any of the subleases any right of abatement, set-off or deduction in respect of the rent payable by the sublessees;
