Undepreciated Assets Sample Clauses

Undepreciated Assets. FRANCHISEE acknowledges that it has no right to recover an amount equal to the undepreciated value of assets it uses to provide franchise services that might remain at the expiration or termination of this Agreement, from COUNTY or customers.
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Undepreciated Assets. If any of FRANCHISEE'S assets remain undepreciated upon the expiration or earlier termination of this Franchise, FRANCHISEE has no right to recover amounts equal to the undepreciated asset value from COUNTY or Customers, and neither COUNTY nor Customers are obligated to compensate FRANCHISEE for any undepreciated asset value.
Sample 1
Undepreciated Assets. Contractor acknowledges that it has no right to recover an amount equal to the undepreciated value of assets it uses to provide contract services that might remain at the expiration or termination of this Master Contract, from either the County or customers, except for amounts that County must pay Contractor if County exercised any option to purchase assets under a Service Contract, such as operating equipment.
Sample 1
Undepreciated Assets. Franchisee acknowledges that it has no right to recover an amount equal to the undepreciated value of assets it uses to provide franchise services that might remain at the expiration or termination of this Master Franchise, from either the County or customers, except for amounts that County must pay Franchisee if County exercises its option to purchase carts under the Collection Franchise.
Sample 1

Related to Undepreciated Assets

  • Fixed Assets 9 2.10.Leases........................................................10 2.11.Change in Financial Condition and Assets......................10 0.00.

  • INCOME FROM IMMOVABLE PROPERTY 1. Income derived by a resident of a Contracting State from immovable property (including income from agriculture or forestry) situated in the other Contracting State may be taxed in that other State.

  • Added Value 22.1 The Contractor shall work with the Framework Public Bodies to implement a strategic approach to the management of costs within their own organisation.

  • Commingling Assets The assets of your IRA cannot be commingled with other property except in a common trust fund or common investment fund.

  • Property Loss The District shall reimburse employees for loss of personal property, excluding the employee’s automobile, which occurs while the employee is on duty under the following circumstances:

  • Depreciation The Company treats Memorabilia and Collectibles assets as collectible and therefore will not depreciate or amortize the SERIES #JordanMagicLeBronTripleAutoJersey going forward. ScheduleXXXVII to Eleventh Amendment to Collectable Sports Assets, LLC Amended and Restated Limited Liability Company Agreement Exhibit 240 Series Designation of #UNITASPSA8, a series of Collectable Sports Assets, LLC Capitalized terms used but not defined herein have the meanings assigned to such terms in the Limited Liability Company Agreement of Collectable Sports Assets, LLC, as in effect as of the effective date set forth below (the “Agreement”). References to Sections and Articles set forth herein are references to Sections and Articles of the Agreement. Name of Series #UNITASPSA8, a series of Collectable Sports Assets, LLC, a Delaware limited liability company Date of establishment May 7, 2021 Managing Member CS Asset Manager, LLC, a Delaware limited liability company, is appointed as the Managing Member of #UNITASPSA8 with effect from the effective date hereof and shall continue to act as the Managing Member of #UNITASPSA8 until dissolution of #UNITASPSA8 pursuant to Section 11.1(b) or its removal and replacement pursuant to Section 4.3 or ARTICLE X. Initial Member CS Asset Manager, LLC, a Delaware limited liability company Series Asset The Series Assets of #UNITASPSA8 shall comprise the asset as further described in Schedule 1 attached hereto, which will be acquired by #UNITASPSA8 through that certain Consignment Agreement dated as of May 7, 2021, as it may be amended from time to time, and any assets and liabilities associated with such asset and such other assets and liabilities acquired by #UNITASPSA8 from time to time, as determined by the Managing Member in its sole discretion. Asset Manager CS Asset Manager, LLC, a Delaware limited liability company. Management Fee As stated in Section 7.1 of the Agreement. Issuance Subject to Section 6.3(a)(i), the maximum number of #UNITASPSA8 Interests the Company can issue may not exceed the purchase price, in the aggregate, of $50,000. Number of #UNITASPSA8 Interests held by the Managing Member and its Affiliates The Managing Member must purchase a minimum of 0.5% and may purchase additional #UNITASPSA8 Interests (including in excess of 10%), in its sole discretion, through the Offering. Broker Dalmore Group, LLC, a New York limited liability company. Brokerage Fee Up to 1.00% of the gross proceeds of the Interests from #UNITASPSA8 sold at the Initial Offering of the #UNITASPSA8 Interests (excluding the #UNITASPSA8 Interests acquired by any Person other than Investor Members). Other rights Holders of #UNITASPSA8 Interests shall have no conversion, exchange, sinking fund, redemption or appraisal rights, no preemptive rights to subscribe for any securities of the Company and no preferential rights to distributions of #UNITASPSA8 Interests. Officers There shall initially be no specific officers associated with #UNITASPSA8, although, the Managing Member may appoint Officers of #UNITASPSA8 from time to time, in its sole discretion. Aggregate Ownership Limit As stated in Section 1.1. Minimum Interests One (1) Interest per Member. Schedule 1 DESCRIPTION OF SERIES # UnitasPSA8 Investment Overview #UnitasPSA8 · Upon completion of the SERIES #UnitasPSA8 Offering, SERIES #UnitasPSA8 will purchase a Jxxx Xxxxxx 1957 Topps PSA 8 (The “Underlying Asset” with respect to SERIES #UnitasPSA8, as applicable), the specifications of which are set forth below.

  • SIGNIFICANT LANDS INVENTORY FINDING Find that this activity is consistent with the use classification designated by the Commission for the land pursuant to Public Resources Code section 6370 et seq.

  • Market Value Market value shall be determined by the Lending Agent, where applicable, based upon the valuation policies adopted by the Client’s Board of Directors/Trustees.

  • Personal Property Loss An employee's personal property loss or damage by the action of a client shall be replaced or repaired at the expense of the Employer to a maximum of seven hundred and fifty ($750.00) dollars, subject to integration with one hundred (100%) per cent coverage by Workers' Compensation Board, provided that reasonable proof of the cause of such damage is submitted by the employee concerned within reasonable time of such loss or damage.

  • Title to Purchased Assets Seller has good and valid title to, or a valid leasehold interest in, all of the Purchased Assets. All such Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

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