Examples of Assumed Capital Leases in a sentence
The Assigned Security Deposits are the only Security Deposits of Seller in relation to the Assumed Real Estate Leases and the Assumed Capital Leases.
TheEvaluation Committee may be assisted by other persons as the Evaluation Committee, in its sole discretion, may determine, including technical, financial, legal and other advisors to, or employees of the City.
The Purchased Assets shall be sold and conveyed to Purchaser free and clear of all Encumbrances, except (i) those Encumbrances identified on Schedule 2.3, (ii) with respect to the Real Property, easements, rights of way, restrictions, encroachments, and other minor defects or irregularities in title which do not interfere with the ordinary conduct of the Business, and (iii) rights of the lessors under the Lease Agreements, the Assumed Capital Leases and the Assumed Operating Leases.
The Buyer and the Seller shall use reasonable commercial efforts to agree on a reasonable and fair allocation of the Purchase Price among the Purchased Assets, which shall value Inventory, the Other Tangible Assets, the Assumed Capital Leases and the Purchased Contracts at their estimated fair market values as of the Closing Date, and shall allocate the remainder of the Purchase Price to the Intangible Assets.
Security/Registrations in favour of Element Financial Corporation solely in respect of the Assumed Capital Leases.