Commingled Assets definition
Commingled Assets means funds credited to a deposit account or money mixed with other money so that they ceased to be identifiable;
Commingled Assets means any assets or properties in which the Grantor has any right, title or interest that are not exclusively associated with its Membership, including receipts in which the Grantor has any right, title or interest (including in respect of sponsorship and signage, suite and premium club fees, food and beverage, and merchandise, and that are held in any account which contains receipts of the same nature and in which any Affiliate of the Grantor (other than a Subsidiary of the Grantor) has any right, title or interest), together with any proceeds of the foregoing; provided that Core Collateral shall not constitute Commingled Assets.
Commingled Assets has the meaning set forth in Section 4.12(a).
Examples of Commingled Assets in a sentence
The Commingled Assets, (x) to the extent related to the RemainCo Business, shall constitute Confidential Information of the Company and (y) to the extent related to the SpinCo Business, shall constitute Confidential Information of SpinCo.
More Definitions of Commingled Assets
Commingled Assets means all assets and rights of Schering-Plough and its Affiliates of whatever kind and nature, tangible or intangible, owned, leased, licensed, used or held for use or license by or on behalf of Schering-Plough and its Affiliates that are not included within the Transferred Assets but are nevertheless used by Schering-Plough in connection with Commercialization of the Products in a Relinquished Territory. For the avoidance of doubt, cold storage equipment owned or controlled by Schering-Plough or any of its Affiliates shall not be a Commingled Asset or a Transferred Asset but shall be an Elected Transition Service if so requested by Centocor pursuant to the provisions of Section 2.2(a).