Examples of Disposed Property in a sentence
For each full calendar month following any such Qualified Disposition, the Management Fee shall be reduced by the Applicable Disposition Discount with respect to such Disposed Property.
Until discharged all property will be kept in storage tubs at the inmate property store/reception room.If the inmate does not return recordable property to the inmate property store/reception room, the reason is to be recorded and the inmate must sign the Disposed Property Transaction Report.
The disposal agreement allows GPHC to continue to use the Disposed Property without paying any rent for a period of five years from June 2019 to June 2024.
The market value of the expected rent free use of the Disposed Property from June 2019 to June 2022, the intended removal date, is HK$36,592,000.
The Disposed Property was classified under assets classified as held for sale as at 31 March 2019.
Subject to satisfaction in full of the conditions set forth in Section 4 hereof, the Collateral Agent shall deliver to Monaco a fully executed release, in the form attached hereto as Exhibit C, releasing the Lien securing the Obligations granted to the Collateral Agent on the Disposed Property.
As such, the Group recognised right-of-use assets of HK$36,592,000 for the expected rent free use of the Disposed Property.
Provided, however, if the Company or any of its subsidiaries has sold, discontinued or otherwise disposed of any of its subsidiaries, divisions or businesses (a "Disposed Property" or "Disposed Properties") during any period for which EBIDTA is to be computed, or during the Term, EBIDTA shall be computed as if each of such Disposed Properties had not been owned by the Company or a subsidiary during any part of the Term or during the fiscal year ended December 31, 1996.
Based on the intended removal date estimated by the management, the Group recognised right- of-use assets of HK$36.6 million for the expected rent free use of the Disposed Property with reference to the market value of rent of the Disposal Property from June 2019 to June 2022.
When the Prepayment Amount has been transferred to the Deposit Account, the Agent shall, where applicable, release the security interest over the divested Property and, if relevant, the security interest over the relevant Group Company owning such Disposed Property and the Guarantee provided by such Group Company.