Description of Assets definition

Description of Assets means list of assets to be disposed as described in Section VI of Standard Tendering Document.
Sample 1Sample 2
Description of Assets means list of assets to be leased as described in Section VI of Standard Bidding Document.
Sample 1

Examples of Description of Assets in a sentence

  • ASSETS TO BE AUCTIONED AND RESERVE PRICES Basic Description of Assets and Properties for sale: Asset/Location It is to be noted that the bidder(s) cannot place a bid for the block of assets at a value below the reserve price.

  • Please mark Applicant–related information with an “A.” If Section B was not completed, only give information about the Applicant in this Section.)ASSETS OWNED (use separate sheet if necessary.) Description of Assets OUTSTANDING DEBTS (Include charge accounts, installment contracts, credit cards, rent, mortgages, etc.

  • Except as otherwise noted on Schedule 1- Description of Assets or as required by the Transition Services Agreement, and except with respect to the Seller's/Affiliates' Insignia, Seller has until the expiration of ninety (90) days after the Closing Date within which to remove any of the Excluded Assets from the Real Property, and Buyer will grant Seller reasonable access to the Real Property for purposes of removing such Excluded Assets from the Real Property.

  • The Facilities, equipment, machinery, furnishings, vehicles, pipelines, storage tanks, appurtenances, materials, spare parts, and other personal property (excluding those assets which are Excluded Assets) which either are located on the Real Property on the Closing Date or are otherwise described in Schedule 1 - Description of Assets, together with the benefits of any manufacturer's or vendor's warranties or undertakings related thereto to the extent transferable by Seller (the “Fixed Assets”).

  • EXHIBIT A: Description of Assets that may not be transferred without the consent of MPC.

  • Net carrying amount (I-II)60.72154.0893.3382.51243.03633.67 Rs. In lakhs Plant and Description of Assets Equipment Leasehold Office Furniture and Vehicles Total(including Improvements Equipment Fixturescomputers)I.

  • Annexure VIII – Description of Assets under Sale For timelines regarding the submission of the documents, please refer to “Key Timelines” on Page 13 of this Sale Process Memorandum.7Special InstructionsThis bidding is a serious matter and last- minute bidding may lead to lapses.

  • Net carrying amount (I-II) 74.8674.86 Description of Assets Computer Software Rs. In lakhsTotalI.

  • Lots and Items: The assets are divided into lots, as listed in Part 2, Description of Assets.

  • Depreciation on fixed assets is provided under straight line method at the rates specified in Schedule XIV to the Act, except in respect of the following assets where such rates are higher than the prescribed Schedule XIV rates, so as to ensure that such assets are written off over their estimated useful lives: Description of Assets Individual assets costing upto Rs 5,000 are depreciated 100% on a pro-rata basis over one year from the date the asset is put to use.

Related to Description of Assets

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • the two businesses means the FNZ business and the GBST business;

  • Permitted Business means any business conducted by the Company, its Restricted Subsidiaries or CTSH and its Subsidiaries on the date hereof and any other business related, ancillary or complementary to any such business.

  • Pre-Existing Intellectual Property means intellectual property developed prior to or outside the scope of this Contract, and any derivatives of that intellectual property.

  • Separate Business means each of the activities of the Licensee connected

  • 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.

  • Related Business means any business in which the Company or any of the Restricted Subsidiaries was engaged on the Issue Date and any business related, ancillary or complementary to such business.

  • Assets has the meaning set forth in Section 2.1.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Company Intellectual Property Assets means all Intellectual Property Assets owned by the Company or used or held for use by the Company in the Business and all Products.

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Permitted Businesses means the business of owning, leasing and managing gasoline stations, convenience store properties and other retail real properties (including, for the avoidance of doubt, quick service or other casual restaurants and auto service and auto parts stores), and any other single-tenant net lease business, and business activities reasonably related to the foregoing (including the creation or acquisition of any interest in any Subsidiary (or entity that following such creation or acquisition would be a Subsidiary) for the purpose of conducting the foregoing activities), in each case that are permitted for real estate investment trusts under the Code.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Excluded Intellectual Property shall have the meaning set forth in Section 1.2(i).

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined on a consolidated basis in accordance with GAAP in good faith by a Responsible Officer.

  • Business Intellectual Property means the Owned Intellectual Property and the Licensed Intellectual Property.

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Dispositions has the meaning specified in Section 7.02(b).

  • Micro Business means a company which either:

  • Valid business purpose means one or more business purposes that alone or in combination

  • Owned Company Intellectual Property means that portion of the Company Intellectual Property and Company Intellectual Property Rights that is owned by the Company Entities.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

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