Initial Purchased Assets has the meaning specified in Section 2.1.
Initial Purchased Assets has the meaning provided in the Receivables Sale Agreement.
Initial Purchased Assets means, in respect of each Originator, that portion of the Initial Transferred Assets of such Originator that has an aggregate Outstanding Balance as of 11:59 pm on the Business Day immediately preceding the Commencement Date equal to the amount designated in the Transfer Notice or, in the case of the Canadian Originator, the relevant notice described in the definition of “Commencement Date”, as the amount of Initial Purchased Assets for such Originator, which portion of the Initial Transferred Assets shall be identified more particularly on the first Settlement Date following such Commencement Date in accordance with Section 1.1(d).
Examples of Initial Purchased Assets in a sentence
The Purchase Price for the Initial Purchased Assets shall be as set forth on Schedule I attached hereto, and shall be due and payable in cash on the date of this Agreement.
More Definitions of Initial Purchased Assets
Initial Purchased Assets means the Purchased Assets other than the Non-Conforming Sites and the Construction Sites, provided, however, that the Initial Purchased Assets shall consist of no less than the Threshold Number of Tower Sites.
Initial Purchased Assets means all of the assets, properties and rights (whether tangible or intangible, real, personal or mixed, fixed, contingent or otherwise, and wherever located) of Sellers and their Subsidiaries, including Sellers' Network, wherever they may be located, as of the date hereof (other than the Excluded Assets and the Licensed-Related Purchased Assets), including the following:
Initial Purchased Assets is defined in Section 2.1 of the Purchase Agreement.
Initial Purchased Assets means, in respect of each Originator, that portion of the Initial Transferred Assets of such Originator that has an aggregate Outstanding Balance as of 11:59 pm on the Business Day immediately preceding the Commencement Date equal to the amount designated in the Transfer Notice as the amount of Initial Purchased Assets for such Originator, which portion of the Initial Transferred Assets shall be identified more particularly on the first Settlement Date following the Commencement Date in accordance with Section 1.1(d).
Initial Purchased Assets. Purchased Assets acquired prior to satisfaction of the Ramp-Up Threshold, excluding the first $15,000,000 of Purchased Assets (by Market Value).
Initial Purchased Assets shall have the meaning ascribed to the term in Section 2(a) of this Agreement.
Initial Purchased Assets means those certain assets Seller sold, transferred, assigned and conveyed to Purchaser pursuant to the 2022 Royalty Purchase Agreement and the 2022 Bill of Sale and Assignment.