Asset Contribution definition

Asset Contribution has the meaning set forth in the Recitals.

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Asset Contribution as defined in the recitals to this Agreement.

Asset Contribution means the contribution of certain asphalt terminals and/or any related logistics assets by the Company or one or more Guarantors to HEP or its Subsidiaries.

Examples of Asset Contribution in a sentence

• A true and complete list of (a) the Selling Entity’s direct and indirect Subsidiaries, together with the jurisdiction under which each such Subsidiary is incorporated or organized, as of the date hereof, and (b) the Company’s direct and indirect Subsidiaries, together with the jurisdiction under which each such Subsidiary is incorporated or organized, as of immediately prior to the Closing and after giving effect to the Asset Contribution, is set forth in Section 3.05 of the Company Disclosure Schedule.

• Immediately prior to the Closing, after giving effect to the Asset Contribution, all of the Company Trade Secrets shall be owned by the Company and its Subsidiaries.

• Any transfer, documentary, sales, use, stamp, registration, value added, real property transfer, goods and services, gross receipts, excise and conveyance Taxes and other similar Taxes (such Taxes, “Transfer Taxes”) payable by reason of transfer and conveyance of the Purchased Units or the Asset Contribution will be borne fifty percent (50%) by the Selling Entity, on the one hand, and fifty percent (50%) by the Purchaser, on the other hand.

More Definitions of Asset Contribution

Asset Contribution as defined in the recitals to the Original Credit Agreement.

Asset Contribution has the meaning assigned to such term in the recitals hereto.

Asset Contribution has the meaning ascribed thereto in Section 1.2.

Asset Contribution has the meaning set forth in Section 6.18(b).

Asset Contribution means the contribution by Holdings to the Borrower of all of Holdings' material assets (other than the capital stock of the Borrower) pursuant to the terms of the Asset Contribution Documents.

Asset Contribution has the meaning set forth under the definition “Transactions”.

Asset Contribution means the contribution by each Asset Contributor of its right, title and interest in and to the Contributed Assets set forth opposite such Asset Contributor’s name on Exhibit C pursuant to this Agreement.