Asset Exchange definition

Asset Exchange means the acquisition of property, plant and equipment or intangible assets in exchange for the delivery of other non-monetary assets or of a combination of monetary and non-monetary assets.
Asset Exchange means the exchange or other transfer of telecommunications assets between or among the Borrower and another Person or other Persons in connection with which the Borrower would transfer telecommunications assets and/or other property in consideration of the receipt of telecommunications assets and/or other property having a fair market value substantially equivalent to those transferred by the Borrower (as determined in good faith by the Borrower’s Board of Directors); provided that the principal value of the assets being transferred to the Borrower shall be represented by telecommunications assets.
Asset Exchange means the exchange or other transfer of telecommunications assets between or among the Borrower and another Person or other Persons in connection with which the Borrower would transfer telecommunications assets and/or other property in consideration of the receipt of telecommunications assets and/or other property having a fair market value substantially equivalent to those transferred by the Borrower (as determined in good faith by the board of directors of the Borrower); provided that the principal value of the assets being transferred to the Borrower shall be represented by telecommunications assets.

Examples of Asset Exchange in a sentence

  • If there are fewer than three such Digital Asset Exchanges, then the Digital Asset Benchmark Exchanges will include such Digital Asset Exchange or Digital Asset Exchanges that meet the above-described requirements, as well as one or more additional Digital Asset Exchanges, selected by the Sponsor, that have had monthly trading volume requirement.

  • The Adelaide and Tuscarora properties were originally optioned as part of the December 2006 Asset Exchange Agreement with Newmont Capital Limited and Newmont Mining Corporation.

  • If no such appropriate Scheduled Valuation Day can be determined, the Futures Rolling shall occur at the last known price from the Underlying Asset Exchange prior to such event.

  • Valuation Time the time when the Current Contract Level is scheduled to be published by the Underlying Asset Exchange.

  • In September 2003, C&S and SuperValu entered into an Asset Exchange Agreement (the “AEA”), in which C&S agreed to designate SuperValu to receive Fleming’s Midwestern assets and SuperValu agreed to transfer its New England assets to C&S.


More Definitions of Asset Exchange

Asset Exchange means any transfer of operating properties or assets by the Company or any of its Restricted Subsidiaries to any Person in which at least 75% of the consideration received by the transferor consists of operating properties or assets to be used by Company or any of its Restricted Subsidiaries in its business; provided that a transfer of Collateral the consideration of which consists of assets that are not Collateral shall not constitute an Asset Exchange.
Asset Exchange as defined in subsection 13.6.
Asset Exchange means, in connection with any Asset Disposition by a Consolidated Party, any substantially contemporaneous exchange of Property of such Consolidated Party for Property (that would otherwise constitute an Eligible Reinvestment) of the other party to such Asset Disposition.
Asset Exchange the acquisition by a Citigroup Ring-Fence Entity of an Exchange Asset to the extent permitted by the Governance and Asset Management Guidelines.
Asset Exchange means a transaction in which, as of the calculation date, the counterparties have previously ex- changed non-cash assets, and have each agreed to return such assets to each other at a future date. Asset exchanges do not include secured funding and se- cured lending transactions. Average weighted short-term wholesale funding means the average of the na- tional bank’s or Federal savings asso- ciation’s weighted short-term whole- sale funding for each of the four most recent calendar quarters as reported quarterly on the FR Y–15 or, if the na- tional bank or Federal savings associa- tion has not filed the FR Y–15 for each of the four most recent calendar quar- ters, for the most recent quarter or averaged over the most recent quar- ters, as applicable.
Asset Exchange as defined in subsection 8.6(h).