Brazil Assets definition

Brazil Assets means assets located in Brazil or the Equity Interests of any subsidiary organized under the Laws of Brazil, so long as such assets or Equity Interests are either (a) owned by the Borrower or any subsidiary thereof as of the Closing Date, or (b) acquired by the Borrower or any subsidiary thereof after the Closing Date in the ordinary course of business.
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Brazil Assets means those Purchased Assets held physically in, possessed by the Sellers organized in, or otherwise related to the operations of the Business in, Brazil.
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Brazil Assets means the Business Assets of ARM Brazil as of the Closing.
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Examples of Brazil Assets in a sentence

  • We introduce a variance constraint parameter that imposes the number of prototypes per class instead of the other way around.

  • The Brazil Assets acquired must consist of all Brazil Assets existing on the Closing Date plus any properties, licenses, rights and other assets acquired or received by IMPSAT Brazil after the Closing Date.

  • For the purposes of this Section 3.03, the China Interests and the Brazil Assets shall be deemed to have been transferred and sold to, and the Brazil Liabilities shall be deemed to have been assumed by, the Purchasers as of the Closing and shall be taken into account in calculating Working Capital.

  • Buyer hereby agrees to use its commercially reasonable best efforts to establish WatchMark (Brazil) and to effect the assignment and assumption of the Brazil Assets and Brazil Liabilities from ADC (Brazil) to WatchMark (Brazil) as soon as possible after the Closing.

  • The Brazil Assets shall be acquired by the Issuer free and clear of any Indebtedness, liabilities (contingent or otherwise), liens, claims, charges or encumbrances.

  • The parties hereto hereby acknowledge and agree that the portion of the Purchase Price allocated to the Brazil Assets and the Brazil Liabilities shall, as adjusted to reflect the purchase price adjustment described in Section 3.05, be allocated to the Brazil Interim Assets and the Brazil Interim Liabilities as well.

  • The Issuer shall cause 99.925% of the properties, licenses, rights and other assets (collectively, the "Brazil Assets") of IMPSAT Comunicacoes Ltda.

  • Notwithstanding the foregoing, the provisions of this Section 8.06 shall not apply, if at all, to any of the China Subsidiaries or the Brazil Assets and the Brazil Liabilities until after the applicable China Closing or the Brazil Closing, as applicable.

  • Except as otherwise provided in Article XII, from and after the Brazil Closing, the Brazil Assets shall be considered to have been transferred, and the Brazil Liabilities shall be considered to have been assumed, at the Closing for all purposes of this Agreement, including for the purposes of the assumption of the Brazil Assumed Liabilities and the provisions of Articles IX, XII and XIV.

Related to Brazil Assets

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • Excluded Assets has the meaning set forth in Section 2.2.

  • 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.

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

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Additional Assets means (1) any property, plant or equipment used in a Related Business; (2) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary; or (3) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clause (2) or (3) above is primarily engaged in a Related Business.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • 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.

  • 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.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • 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;

  • surplus assets means any assets of the Company that remain after paying all debts and other liabilities of the Company, including the costs of winding up.

  • Fixed Assets means Equipment and Real Estate.

  • Gross Assets means the total of fixed assets and current assets;

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • 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.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • 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.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.