Automotive Assets definition

Automotive Assets means, collectively, all of the rights and assets owned by Tenneco or any of its Subsidiaries as of the close of business on the Distribution Date, including:
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Automotive Assets means any Assets (other than the Excluded Assets and the Equity Interests) held by TRW or any of its Subsidiaries which are used or held primarily in the Automotive Business and any Company Intellectual Property.
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Automotive Assets has the meaning set forth in Section 1.5(a).
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Examples of Automotive Assets in a sentence

  • The Automotive Purchase Price shall be allocated among the various Automotive Assets by mutual agreement of the parties prior to the Closing Date.

  • KNN determines the optimal window function automatically in each case providing a narrow window when the density of points is high, and a wider window otherwise.

  • Automotive will remove any Automotive Assets that remain at any such facilities in connection with the performance of services under the TSA as promptly as practicable after the termination of such service pursuant to the same terms and conditions stated in the immediately preceding sentence.

  • BCP acknowledges that none of Northrop Grumman, TRW, TRW Automotive, the Company or any of the Company’s Subsidiaries or any other Person has made any representation or warranty, express or implied, as to the accuracy or completeness of any information regarding the Automotive Business or the Automotive Assets, the Equity Interests or other matters that are not included in this Agreement or theschedules hereto or in the Ancillary Agreements.

  • Tilden and TFB will cooperate in communications with suppliers and cxxxxxxrs to accomplish the transfer of the Automotive Assets to TFB.

  • Accordingly, Holders of Allowed Claims in those categories are not entitled to vote to accept or reject the Plan and instead are conclusively presumed to have accepted the Plan.• Class 3 (Alleged Deficiency Claim of Fifth Third Bank), Class 4 (General Unsecured Trade Claims), Class 5 (Deficiency Claims Relating to Automotive Assets), and Class 6 (Deficiency Claims Relating to Nautical Assets) are Impaired under the Plan.

  • The entire beneficial interest in any Automotive Assets subject to a restriction as described above, and any other interest in such Automotive Assets which are transferable notwithstanding such restriction, shall be transferred from Xxxxxx to TFB as provided in Section 3.1(a).

  • Baxxxxx xill make a contribution of capital to Newco by paying on its behalf the British Columbia social service tax exigible pursuant to the British Columbia SOCIAL SERVICE TAX ACT in respect of the transfer of the Ballard Automotive Assets to Newco described in Section 2.2 xxxxx on the agreed fair market value of the exigible tangible personal property specified in Section 2.

  • The entire beneficial interest in any Automotive Assets subject to a restriction as described above, and any other interest in such Automotive Assets which are transferable notwithstanding such restriction, shall be transferred from Tilden to TFB as provided in Section 3.1(a).

  • Notwithstanding anything to the contrary contained in the Transaction Agreements, all bank accounts set forth on Schedule 3.4 will constitute Automotive Assets and all other bank accounts of Rockwell and its Subsidiaries (including members of the Automotive Group) will not constitute Automotive Assets.


More Definitions of Automotive Assets

Automotive Assets means, collectively, all Assets (other than Rockwell Retained Assets) which immediately prior to the Time of Distribution are owned by Rockwell or any of its Subsidiaries (including, without limitation, members of the Automotive Group) and which are used primarily in or relate primarily to the Automotive Business, as the same shall exist as of such time, including, without limitation, all assets reflected in the Automotive Balance Sheet, as such assets may have been added to or sold or otherwise changed since the date thereof. Anything contained herein to the contrary notwithstanding, Rockwell Retained Assets shall not be included in Automotive Assets.
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Automotive Assets has the meaning set forth in Section 2.05(b).
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Automotive Assets means, as of the date of determination, all Assets of Automotive or the members of the Automotive Group, including without limitation:
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Automotive Assets means, collectively, all Assets (other than Rockwell Retained Assets) which immediately prior to the Time of Distribution are owned by Rockwell or any of its Subsidiaries (including, without limitation, members of the Automotive Group) and which are used primarily in or relate primarily to the Automotive Business, as the same shall exist as of such time, including, without limitation (i) all assets reflected in the Automotive Balance Sheet, as such assets may have been added to or sold or otherwise changed since the date thereof and (ii) interests in the joint ventures set forth on Schedule 1.1(a) (in which Rockwell or one of its Subsidiaries has an ownership interest of not more than 50%). Anything contained herein to the contrary notwithstanding, Rockwell Retained Assets shall not be included in Automotive Assets.
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Related to Automotive Assets

  • Motorboat means the same as that term is defined in Section 73-18-2.

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • Stores means the goods specified in the Supply Order or schedule which the supplier / contractor has agreed to supply under contract.

  • Antique motor vehicle means every motor vehicle, as defined in this section, which was actually

  • Farmland means land actively devoted to agricultural or

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which –

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • Receivables and Related Assets means (a) accounts receivable, instruments, chattel paper, obligations, general intangibles, equipment and other similar assets, including interests in merchandise or goods, the sale or Lease of which gives rise to the foregoing, related contractual rights, guarantees, insurance proceeds, collections and other related assets, (b) equipment, (c) inventory and (d) proceeds of all of the foregoing.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Micro Business means a company which either:

  • Timberland means land, other than land owned by the federal government and land designated by the board as experimental forest land, which is available for, and capable of, growing a crop of trees of a commercial species used to produce lumber and other forest products, including Christmas trees. Commercial species shall be determined by the board on a district basis.

  • Specialty coating means a coating that, even though the coating meets the definition of a primer, topcoat, or self-priming topcoat, has additional performance criteria beyond those of primers, topcoats, and self-priming topcoats for specific applications. These performance criteria may include, but are not limited to, temperature or fire resistance, substrate compatibility, antireflection, temporary protection or marking, sealing, adhesively joining substrates, or enhanced corrosion protection. A listing of specialty coatings is found in paragraph (D)(1)(b) of rule 3745-21-19 of the Administrative Code.

  • Off-highway vehicle means the same as that term is defined in Section 41-22-2.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Regulated motor vehicle surface means any of the following, alone or in combination: