Future Assets definition
Examples of Future Assets in a sentence
Plains or such other member of the Plains Group will assign and transfer to Spinco or such other member of the Spinco Group as designated by Spinco all of Plains' right, title and interest in and to the Spinco Future Assets.
The Present and Future Assets are collectively referred to as “Assets”.
Spinco hereby agrees to reimburse Plains promptly upon request, for any out-of-pocket cost, including any of the foregoing costs (including any applicable taxes, fees and penalties assessed in connection with any of the foregoing), incurred by Plains in connection with the transfer of Spinco Assets and Spinco Future Assets from Plains to Spinco or the assumption by Spinco of any Spinco Liabilities or Spinco Future Liabilities.
Subject to DCT LLC’s obligation to offer TRT LLC the opportunity to invest in the Seed Assets and Future Assets, DCT LLC at its election, may rotate additional investment opportunities to TRT LLC and up to three (3) other institutional real estate acquisition funds.
Future Assets to Be Added to Collateral and Further Assurances 80 Section 5.10.
In addition to those transfers and assumptions that the Parties are unable to effect prior to the Distribution Date, there may exist (i) assets (including Spinco Assets and Spinco Future Assets) that the Parties discover were, contrary to the agreements between them, by mistake or omission retained by Plains or (ii) Liabilities (including Spinco Liabilities and Spinco Future Liabilities) that the Parties discover were, contrary to the agreements between them, by mistake or omission not assumed by Spinco.
Future Assets to Be Added to Collateral and Further Assurances 76 Section 5.10.
Subject to DCT LLC’s obligation to offer TRT LLC the opportunity to invest in the Future Assets, DCT LLC at its election, may rotate additional investment opportunities to TRT LLC and up to three (3) other institutional real estate acquisition funds.
Future Assets to Be Added to Collateral and Further Assurances 64 Section 5.10.
Future Assets to Be Added to Collateral and Further Assurances 78 Section 5.10.