Asset Lot definition

Asset Lot means Asset Lot 1 (defined on Page 11) or ASSET lot 2 (defined on Page 13), as the case may be.
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Asset Lot means Asset Lot 1 (defined on Page 12);
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Asset Lot means assets specified at page 12 of this Sale Process Memorandum;
Sample 1Sample 2Sample 3

Examples of Asset Lot in a sentence

  • If the latter is unwilling to match the bid submitted by the earlier Successful Bidder, the Liquidator, at his sole discretion, may decide to carry out a fresh auction, withdraw the Asset Lot(s) from the auction or sell the Asset Lot to the next highest Qualified Bidder at its bid amount.

  • In case of disqualification of a Successful Bidder with respect to an Asset Lot, the Qualified Bidder who had submitted the next highest bid, may be asked to match the Successful Bidder's bid and be considered the new Successful Bidder.

  • It is pertinent to mention that if a Qualified Bidder places multiple bids with respect to an Asset Lot, the last bid shall be considered to be the final bid of the Qualified Bidder.

  • The Bidders shall observe the highest standard of ethics prior to and during the E-Auction process and subsequently during the closure of the E-Auction process and declaration of Successful Bidder with respect to an Asset Lot.

  • Determination of the Successful Bidder(s) shall be done on the basis of the highest bid received for each Asset Lot via the E-Auction, unless the Liquidator determines at his sole discretion that the highest bidder shall not be identified as the Successful Bidder.

  • With respect to an Asset Lot, no Qualified Bidder shall quote below the Reserve Price during the e-Auction process.

  • All expenses incurred towards movement/shifting of plant & machinery or any Asset Lot (wherever applicable) post the E-Auction process should be borne by the Successful Bidder.

  • Default in payment of the balance sale consideration towards the purchase of an Asset Lot and any applicable GST, if any, by the Successful Bidder will result in disqualification of the Successful Bidder, including forfeiture of Earnest Money Deposit.

  • The Liquidator shall not be held responsible/liable to pay any expenses towards such movement of plant & machinery or any Asset Lot sold in the E-Auction process.

  • This LoI per se does not confirm the sale of the Asset Lot in favor of the Successful Bidder.


More Definitions of Asset Lot

Asset Lot means Asset Lots (defined on Page 12);
Sample 1Sample 2Sample 3
Asset Lot means Asset Lot 1 (defined on Page 12) or Asset Lot 2 (defined on Page 12), as the case may be.
Sample 1
Asset Lot means assets specified at page 13 of this Sale Process Memorandum;
Sample 1
Asset Lot means Asset Lot 1 (defined on Page 11) ;
Sample 1

Related to Asset Lot

  • Asset Pool means a pool of cash-flow generating assets in which an issuer of a securitized product has a direct or indirect ownership or security interest;

  • Regional asset limit means the maximum housing value in each housing region affordable to a four-person household with an income at 80 percent of the regional median as defined by duly adopted Regional Income Limits published annually by COAH or a successor entity.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Pool means a voluntary arrangement, established on an ongoing basis, pursuant to which two or more insurers participate in the sharing of risks on a predetermined basis. The pool may operate through an association, syndicate, or other pooling agreement.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Securitization Assets means any accounts receivable or other revenue streams subject to a Qualified Securitization Financing.

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.

  • Securitization Asset means (a) any accounts receivable, mortgage receivables, loan receivables, royalty, franchise fee, license fee, patent or other revenue streams and other rights to payment or related assets and the proceeds thereof and (b) all collateral securing such receivable or asset, all contracts and contract rights, guarantees or other obligations in respect of such receivable or asset, lockbox accounts and records with respect to such account or asset and any other assets customarily transferred (or in respect of which security interests are customarily granted) together with accounts or assets in connection with a securitization, factoring or receivable sale transaction.