Affected Asset definition

Affected Asset means [— 50

Affected Asset means any machinery, plant, implement, utensil, article, aircraft or ship which has been let and in respect of which the lessor is or was entitled to an allowance under section 11(e), 12B, 12BA, 12C, 12DA or 37B(2)(a), whether in the current or a previous year of 10 assessment, but excluding any such asset let by the lessor under an operating lease or any such asset which was during the year of assessment mainly used by [him] the taxpayer in the course of any trade carried on by [him] the taxpayer, other than the letting of any such asset;’’; 15

Affected Asset shall have the meaning set forth in Section 4.2.B.3.

Examples of Affected Asset in a sentence

• The SPV shall deliver to the Servicer and the Servicer shall hold in trust for the SPV and the Agent, on behalf of the Investors, in accordance with their respective interests, all Records which evidence or relate to any Affected Asset.

• The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by the Agent, the Managing Agents or any Investor, of any obligation of the SPV, any Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and/or the Originators, as applicable.

• Notwithstanding anything to the contrary contained herein, at any time when a Termination Event is continuing, the Agent shall have the right to direct the Servicer to commence or settle any legal action to enforce collection of any Receivable or to foreclose upon or repossess any Affected Asset.

• The SPV shall deliver to the Master Servicer and the Master Servicer shall hold in trust for the SPV and the Administrative Agent, for the benefit of the Funding Agents on behalf of the Investors, in accordance with their respective interests, all Records which evidence or relate to any Affected Asset.

• The foregoing sale, assignment and transfer does not constitute and is not intended to result in the creation, or an assumption by any Funding Agent, the Administrative Agent or any Investor, of any obligation of the SPV, any Originator, or any other Person under or in connection with the Receivables or any other Affected Asset, all of which shall remain the obligations and liabilities of the SPV and the applicable Originator.

More Definitions of Affected Asset

Affected Asset means an Asset in which prior to Closing Seller (i) fails to obtain a Required Consent; or (ii) is notified that a Third Party intends to exercise its Preferential Right.

Affected Asset has the meaning set forth in Section 4.5(d) of the Transfer Agreement. “Affidavit and Assignment of Claim” means an Affidavit and Assignment of Claim in the form of Attachment D to the Transfer Agreement.

Affected Asset has the meaning set forth for such term in (i) the Atlantis Contribution Agreement for Produced Water assets to be conveyed to Gatherer pursuant to such agreement, and (ii) the Poseidon Contribution Agreement for Produced Water assets to be conveyed to Gatherer pursuant to such agreement.

Affected Asset has the meaning set forth in Section 4.5(d)(i) of the Contribution Agreement.

Affected Asset has the meaning given that term in Section 4.5(d)(i).

Affected Asset has the meaning set forth in Section 2.6.

Affected Asset means an affected asset as defined in section 23A(1) (see