Asset Contribution Agreements definition
Examples of Asset Contribution Agreements in a sentence
This Agreement, the Equity Contribution Agreement and the Asset Contribution Agreements constitute the entire agreement of the Parties relating to the matters contained herein, superseding all prior contracts or agreements, whether oral or written, relating to the matters contained herein.
The Members hereby acknowledge and agree that the Company and such Class A Non-Managing Members shall each have direct primary liability and responsibility, jointly and severally, for repayment of all sums due and payable under the Credit Facility both before and after the closing of the Asset Contribution Agreements.
As contemplated by the Asset Contribution Agreements, the Parties shall on the Closing Date make or cause to be made the contributions of assets contemplated thereby, subject to the assumption of liabilities contemplated thereby (including the Lyondell Assumed Debt and the Millennium Assumed Debt).
Such transfer and assignment of the Businesses shall be pursuant to Asset Contribution Agreements between the Company and each Class A Entity (each an "Asset Contribution Agreement").
The Managing Members shall take those actions reasonably necessary to facilitate the assignment of the FCC Licenses, each Univision Agreement and all other material contracts, leases and licenses relating to the "Businesses" (as defined below) to the Company or Entravision Holdings pursuant to the Asset Contribution Agreements.
The allocation of Class A Membership Units to the Class A Entities is derived from the relative net equity values of the Class A Entities set forth in revised Exhibit "D" to the Formation Agreement and upon closing of the Asset Contribution Agreements, such values as set forth on Exhibit "A" attached hereto shall be the initial amount reflected in the contributing Class A Entities capital accounts.
Routine Use Publication SSA’s routine use for disclosures to IRS for this match is published at 71 Fed.
From time to time, subject to the approval of Corporate Manager, the Company may enter into additional debt financings and, to the extent permitted by the terms and conditions of such debt financings secured by the assets contributed by Members, distribute the proceeds of such debt financings to such Members that have contributed such assets to the Company pursuant to the Asset Contribution Agreements in proportion to such contributions.
Appropriate Asset Contribution Agreements shall be entered into by the applicable parent or its Affiliates and Thistle BV.
To the extent permitted by the terms and conditions of such debt financing, the Company may distribute the proceeds of such debt financing to the Members who have entered into such Asset Contribution Agreements in an amount of up to fifty percent (50%) of the Net Book Value of the Transmission Assets with respect to which each such Member has entered into Asset Contribution Agreements.