Added Assets definition

Added Assets means any properties, fixed equipment, moveable equipment, Replacement Equipment, real property and improvements and renovations, Capital Expenditures, inventories and other assets developed, contributed, constructed, purchased, owned, operated or leased by Company or any other Affiliate of Company, or any interest held by Company, any other Affiliate of Company in any other entity, business, assets or property developed, purchased, contributed, owned, operated or leased, in and for the exclusive use by Company, in service of, in support of and/or in connection with the operations of the Hospital, other than the assets owned by County prior to the Commencement Date of the Initial Lease or thereafter purchased or acquired by County and used in the operation of the Hospital, including County Equipment. However, Added Assets shall include only those assets dedicated to use solely in the operation of Hospital, and shall exclude any assets owned or acquired by Company that are shared or utilized by Company or its Affiliates in the operation of other hospitals or health care facilities; including, but not limited to, computers, software, billing, records, etc., in support of multiple business operations.
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Examples of Added Assets in a sentence

  • In addition, Company will transfer to County the Added Assets, associated with Company's operation of the Leased Premises necessary for County to continue to operate the Leased Premises, upon County’s payment to Company for the purchase of the Added Assets.

  • With respect to Capital Expenditures subject to purchase by County from Company as Added Assets at Lease termination, Company shall notify County of the need for capital improvements in excess of Fifty Thousand Dollars ($250,000.00) including, but not limited to the need to build out additional bed and program space.

  • All Replacement Equipment shall become and be deemed a part of the Hospital, as Added Assets.

  • With respect to Capital Expenditures subject to purchase by County from Company as Added Assets at Lease termination, Company shall notify County of the need for capital improvements in excess of Fifty Thousand Dollars ($50,000.00) including, but not limited to the need to build out additional bed and program space.

Related to Added Assets

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Fixed Assets means the Equipment and Real Estate of the Borrower.

  • Specified Assets the following property and assets of such Grantor:

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Assumed Liabilities has the meaning set forth in Section 2.3.