California Assets definition

California Assets means all assets of the Debtors, wherever located, relating to the Debtors’ operations in the State of California, including the “Mortgaged Properties” as such term is defined in the California Mortgage.
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California Assets means all assets of the Debtors, wherever located, relating to the Debtors’ operations in the State of California, including, without limitation, the “Mortgaged Properties” as such term is defined in that certain Mortgage, Deed of Trust, Assignment, Security Agreement, Fixture Filing and Financing Statement from ERG to Lawrence C. Adams, Trustee for the benefit of the Administrative Agent dated January 24, 2013.
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California Assets has the meaning assigned to it in Section 3.3.
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Examples of California Assets in a sentence

  • Within a month of this proposal, oil prices collapsed, the value of the California Assets decreased and the buyer elected to walk away from the proposed transaction.

  • In September 2014, Longview circulated to stockholders a fully-negotiated, but yet unsigned, purchase and sale agreement for the California Assets at a proposed price of $43.1 million.

  • It is appropriate that these officers and the statutory Monitoring Officer role remain outside the partnership and play a key role in directing, commissioning and overseeing work from the single service.

  • On May 14, 2015, management circulated a new proposed transaction with White Knight Production, LLC (“White Knight”) for the same California Assets at a sale price of $28 million.

  • Notwithstanding the low oil prices, Longview management continued to seek a buyer for the California Assets.

  • At the risk of repeating what has already been repeated, Huff Energy is not challenging the sale of the California Assets.

  • Assuming that lawful physical possession of the tangible assets trumped any possible divestment argument that PITA never gained title to the 250 photos and the California Assets, the Court held that PITA owned those items but not the associated intellectual property rights.

  • The Board determined to maintain that deal structure when it agreed to sell the California Assets in 2015.

  • In early October 2014, prior to the scheduled Board meeting to vote on the proposed sale, oil prices collapsed and the value of the California Assets tumbled.

  • The Reorganized Debtors shall be managed in accordance with the Reorganized Debtor Operating Agreements which shall, among other things, provide that the Reorganized Debtors shall engage for the purposes of operating the California Assets one or more contract operators acceptable to the Exit Facility Lenders and the Prepetition Lenders.


More Definitions of California Assets

California Assets means the Telecommunications Assets, consisting of two communication systems, owned by the Borrowers and the Restricted Subsidiaries that are, on the Fourth Amendment Effective Date, physically located in California and utilized to provide telecommunications services to customers of the Borrowers or the Restricted Subsidiaries in California plus (i) such additional Telecommunications Assets as are, after the Fourth Amendment Effective Date, acquired for such cable systems and located in California pursuant to Capital Expenditures made in accordance with Section 6.12(m), (ii) related net working capital and (iii) Equity Interests in Persons that own no assets other than such assets; provided that California Assets shall not in any event include any cash, cash equivalents, Permitted Investments or accounts receivable (other than trade and customer receivables). On the Fourth Amendment Effective Date, the book value of the California Assets is approximately $325,000,000.
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California Assets means all interests of the Company in Pt. Pedernales and the Unocal Assets.
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California Assets has the meaning set forth in Section 8.19 hereof.
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California Assets is defined in Section 2.12(b) of this Agreement.
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California Assets has the meaning set forth in Section 7.20.
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California Assets means (a) the Contra Costa/San Jxxx Assets and the St. Pxxx/Monterey Assets (other than the St. Pxxx Pioneer Press), (b) up to $470 million in cash to be used to pay the purchase price thereof under the Hearst Purchase Agreement, the Hearst Investment Agreement and the McClatchy Purchase Agreement (and associated expenses) or (c) a combination of such assets and cash with aggregate value not to exceed $470 million.
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Related to California Assets

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

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

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • College property means any property owned, leased, or controlled by a member college of the Virginia Community College System and the administrative office of the Virginia Community College System.

  • Cemetery means 1 or a combination of more than 1 of the following:

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • State property means any building, land, or other real property owned, leased, or occupied by any department, agency, or instrumentality wholly owned by the State, unless, with respect to any building, land, or other real property leased or rented by the State, the lease or rental agreement shall prohibit the establishment of such vending facilities.

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

  • Timberlands means all the timberlands from time to time owned by the Loan Parties.

  • 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.

  • Subject Assets is defined in Section 2.2(c).

  • New Mexico CANCELLATION section is amended as follows: If You are the original purchaser of this Agreement, You may return this Agreement and receive a refund if: (i) You have not made a claim under the Agreement; and (ii) You return this Agreement within twenty days after the date We mail You a copy of the Agreement or within ten days after You receive a copy of the Agreement if We furnish You with the copy at the time the Agreement is purchased. We may not cancel this Agreement without providing You with written notice at least fifteen (15) days prior to the effective date of cancellation. Such notice shall include the effective date of cancellation and the reason for cancellation. If this Agreement has been in force for a period of seventy (70) days, We may not cancel it before the expiration of the Agreement term or one (1) year, whichever occurs first, unless: 1) You fail to pay any amount due; 2) You are convicted of a crime which results in an increase in the service required under the Agreement; 3) You engage in fraud or material misrepresentation in obtaining this Agreement; or 4) You commit any act, omission, or violation of any terms of this Agreement after the effective date of this Agreement which substantially and materially increases the service required under this Agreement. A ten percent (10%) penalty per month (or each portion thereof) shall be applied to refunds not paid or credited within sixty (60) days of receipt of a returned Agreement.

  • Connection Assets means that portion of the distribution system used to connect a customer to the existing main distribution system, and consists of the assets between the point of connection on a distributor’s main distribution system and the ownership demarcation point with that customer;

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Assets has the meaning set forth in Section 2.1.

  • Community property means that property of a husband and wife

  • Affordable Housing Units – means the Affordable Housing to be provided as part of the development in accordance with the application and/or any subsequent reserved matters approval.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • 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.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • 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;

  • Company IT Assets means any and all computers, computer software, source code, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines and all other information technology systems and equipment, and all associated documentation owned by the Company or any of its Subsidiaries or licensed or leased to the Company or any of its Subsidiaries (excluding any public networks).

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

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

  • Gaming Equipment means any and all gaming devices, gaming device parts inventory and other related gaming equipment and supplies used in connection with the operation of a casino, including (without limitation), slot machines, gaming tables, cards, dice, chips, tokens, player tracking systems, cashless wagering systems, electronic betting systems, mobile gaming systems and associated equipment which are located at the Casino Components, owned or leased by Operating Company or Mortgage Borrower and used or useable exclusively in the present or future operation of slot machines and live games at the Casino Component, together with all improvements and/or additions thereto.