Deferred Asset definition

Deferred Asset has the meaning set forth in Section 2.1(b)(ii).

Deferred Asset shall have the meaning assigned to such term in the Pledge and Security Agreement.

Deferred Asset has the meaning set forth in Section 6.2(a).

Examples of Deferred Asset in a sentence

• If and when the Consents, Governmental Approvals and/or other conditions, the absence or non-satisfaction of which gave rise to the Deferred Asset or Deferred Liability, are obtained or satisfied, the transfer or assumption of the Deferred Asset or Deferred Liability will be effected in accordance with and subject to the terms of this Agreement or the applicable Ancillary Agreement, if any.

• The Party retaining the Deferred Asset or Deferred Liability will use its commercially reasonable efforts to notify the Party entitled to or intended to assume such Deferred Asset or Deferred Liability of the need for such expenditure.

• If and when the Consents, Governmental Approvals and/or other conditions, the absence or non-satisfaction of which gave rise to a Deferred Asset or Deferred Liability, are obtained or satisfied, the transfer or assumption of such Deferred Asset or Deferred Liability will be effected in accordance with and subject to the terms of this Agreement or the applicable Ancillary Agreement.

• The Party retaining such Deferred Asset or Deferred Liability will use its reasonable efforts to notify the Party entitled to or intended to assume, as applicable, such Deferred Asset or Deferred Liability of the need for such expenditure.

• If and when the Consents, Governmental Approvals and/or other conditions, the absence or non-satisfaction of which gave rise to a Deferred Asset or Liability, are obtained or satisfied, the transfer or assumption of such Deferred Asset or Liability will be effected in accordance with and subject to the terms of this Agreement or the applicable Ancillary Agreement.

More Definitions of Deferred Asset

Deferred Asset has the meaning set forth in Section 3.10(b).

Deferred Asset means any Transferred Asset that is not purchased and sold at the Initial Closing.

Deferred Asset has the meaning given in Section 16.

Deferred Asset has the meaning given to such term in the Separation Agreement.

Deferred Asset means a “Deferred Asset” as defined in the Pre-Closing Reorganization Assignment Agreement.

Deferred Asset means each Asset that it not an Initial Transfer Asset or that is designated as a Deferred Asset under Clause 8.4(a)(i).

Deferred Asset means any Asset set forth on Schedule 2.1.