Assumed Assets definition

Assumed Assets means the Assumed Contracts and the Assumed Leases.

Assumed Assets means the assets of HCS and its Estate that shall vest in Reorganized HCS under Section 6.2.

Assumed Assets has the meaning ascribed thereto in Section 3.5(a).

Examples of Assumed Assets in a sentence

• In accordance with and subject to the terms of the Asset Purchase Agreement, Seller hereby sells, assigns, transfers and conveys to Purchaser, to the extent that such are legally assignable and any necessary consents to assignment have been obtained, all of Seller’s right, title and interest in, under and to the Assumed Assets, free and clear of any Liens or Liabilities other than the Permitted Exceptions and Assumed Liabilities, from and after the Closing.

• On and after the Effective Date, Reorganized HCS and Reorganized SCC may operate their business and may use, acquire and dispose of property and compromise or settle any Disputed Claims that constitute Assumed Liabilities or Assumed Assets as provided in Section 5.5 without supervision or approval by the Bankruptcy Court and free of any restrictions of the Bankruptcy Code or Bankruptcy Rules, other than restrictions expressly imposed by the Plan or the Confirmation Order.

• Purchaser and Seller shall apportion pro rata all real property and personal property Taxes paid or payable in connection with the Assumed Assets.

• Effective immediately prior to the Closing, Assignor hereby absolutely, unconditionally and irrevocably sells, conveys, transfers, assigns and delivers to Assignee all of Assignor's right, title, benefit, privilege and interest in and to the Assumed Assets; provided that, with respect to the Assumed Contracts, such assignment is made solely with respect to the period following the Closing.

• Subject to the Contribution Agreement, the Purchase Agreement and the Letter Agreement, the Qualified Assumed Assets shall be acquired by the Partnership, from time to time, prior to March 1, 2008.

More Definitions of Assumed Assets

Assumed Assets means all of the assets of Parent Corporation, specifically excluding any assets of Media Sciences; provided, that Assumed Assets shall not include the Retained Assets. Assumed Assets include:

Assumed Assets shall have the meaning set forth in Section 2.01.

Assumed Assets means all assets of NCS and NCL assumed by the New Securities Company in the Demergers, but for the avoidance of doubt does not include the Excluded Assets.

Assumed Assets means the current assets of the Company as of the Closing Date, calculated on a marked to market basis, and determined in accordance with GAAP and consistent with the Company Financials, and shall include the proceeds attributable to the exercise of Company Options pursuant to Section 2.6(b) hereof; and FOIA confidential treatment requested: [***] indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to such omitted portions.

Assumed Assets has the meaning specified in the Contribution Agreement.

Assumed Assets shall have the meaning set forth in Section 4.1(l).

Assumed Assets means any and all of Assignor’s right, title and interest in, to or under the assets and properties set forth on Schedule I attached hereto.