We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Acquired Asset definition

Acquired Asset means any product, technology or business to which Immunomedics acquired the rights from any third party (other than a wholly-owned subsidiary of Immunomedics), or affiliated group of such third parties, for an aggregate consideration in excess of Five Million Dollars ($5,000,000), provided that Immunomedics did not materially contribute to the invention or development of such asset prior to such acquisition. For purposes of this definition, Immunomedics will be deemed to have materially contributed to any product, technology or business which is covered by any Immunomedics’ patent.
Acquired Asset means a Qualifying Unencumbered Property which has been acquired by Borrower (directly or indirectly) after June 27, 1997.
Acquired Asset has the meaning set forth in Section 1.1.

Examples of Acquired Asset in a sentence

  • Each tangible Acquired Asset is free from material defects, has been maintained in accordance with normal industry practice, is in good operating condition and repair (subject to normal wear and tear) and is suitable for the purposes for which it presently is used.

  • The Assuming Institution shall administer and manage any Acquired Asset subject to purchase by the Receiver in accordance with usual and prudent banking standards and business practices until the Receiver purchases such Acquired Asset.

  • The Assuming Institution agrees to administer and manage each such Acquired Asset or asset in accordance with usual and prudent banking standards and business practices until each such Acquired Asset or asset is purchased by the Receiver.

  • If the Receiver purchases an Acquired Asset (and assumes the Related Liability) that it is not required to purchase pursuant to this Section 3.4, the Assuming Institution shall repurchase such Acquired Asset (and assume such Related Liability) from the Receiver at a price computed so as to achieve the same economic result as would apply if the Receiver had never purchased such Acquired Asset pursuant to this Section 3.4.

  • Any Acquired Asset purchased by the Assuming Institution or any asset of an Acquired Subsidiary purchased by the Assuming Institution pursuant to Section 3.1 which was partially or wholly charged off during the period beginning the day after the Bid Valuation Date to the date of the Bank Closing Date shall be deemed not to be charged off for the purposes of the Pro Forma statement, and the purchase price shall be determined pursuant to Section 3.2.


More Definitions of Acquired Asset

Acquired Asset means solely the Transferred Assets.
Acquired Asset means the entirety of Exhibit “A”.
Acquired Asset means the Capital Stock, assets, control of a Physician Group, or management rights with respect to a Physician Group acquired or to be acquired by the Borrower or any Subsidiary pursuant to a Permitted Physician Transaction or a Permitted Ancillary Acquisition.
Acquired Asset. Any Mortgage Asset acquired from any Person other than Winston or its Affiliates.
Acquired Asset means that portion of any Asset that was acquired with the Funding.
Acquired Asset means a tangible or intangible asset, or rights therein, acquired by the Corporation in exchange for a number of shares of Preferred Stock.
Acquired Asset shall have the meaning stated in Section 2.6(a).