Delayed Asset definition

Delayed Asset has the meaning set forth in Section 2.01(d).

Delayed Asset shall have the meaning set forth in Section 2.4(c).

Delayed Asset shall have the meaning set forth in the Separation Agreement.

Examples of Delayed Asset in a sentence

• Any transfer or assignment to Purchaser by Sellers of any such Asset or interest therein (a “Delayed Asset”), shall be made subject to all such Required Consents in respect of such Delayed Asset being obtained.

• If there are any Delayed Assets, each Seller whose Seller’s Assets include a Delayed Asset shall use its best efforts to obtain all Required Consents in respect thereof as promptly as practicable following the Closing, all without any cost or detriment to Purchaser or any of its Affiliates.

• Each Seller whose Seller’s Assets include a Delayed Asset shall comply with its obligations under this Agreement and to maintain its corporate or other existence until all obligations pursuant to this Section and otherwise herein are performed in full and all Delayed Assets are transferred and assigned hereunder.

• At such time and on each occasion after the Closing Date as all Required Consents with respect to a Delayed Asset have been obtained, such Delayed Asset shall automatically be transferred and assigned by the applicable Seller to Purchaser (or, at Purchaser’s direction) for no additional consideration without any further act on the part of any Party.

More Definitions of Delayed Asset

Delayed Asset has the meaning set forth in Section 6.7(a).

Delayed Asset means those assets, which are used by the Recipient and its Subsidiaries to conduct the Business as at the Closing, but which have not been sold, conveyed, assigned, transferred or delivered to, or assumed by, Recipient or any applicable Recipient Affiliate on the Closing Date (i) pursuant to mutual agreement of the Parties; or (ii) in accordance with the NEBA, Brazil AFTA or Argentina NEBA.

Delayed Asset means each Consent Delayed Asset or U.S. Plan Delayed Asset.

Delayed Asset has the meaning set forth in Section 1.4(a).

Delayed Asset has the meaning given in clause 6.3;

Delayed Asset as defined in Section 3.5 of this Agreement.

Delayed Asset means, from time to time, a Consent Required Asset or a No Regulatory Clearance Asset that becomes Capable of Being Transferred;