Interest in Assets definition

Interest in Assets. Except as set forth in Schedule 2.20, none of the officers, directors, or shareholders, or any affiliate thereof, own any Intellectual Property or other proprietary rights, tangible or intangible, used in or related, directly or indirectly, to the business of the Company. As used herein, "affiliate" means any person, corporation, or other entity (other than the Company) which directly or indirectly controls, is controlled by or is under common control with any officer, director or shareholder.

Examples of Interest in Assets in a sentence

  • No Right, Title, or Interest in Assets -------------------------------------- The Participant shall have no right, title, or interest whatsoever in or to any investments which Airborne Express may make to aid in meeting its obligations under the Plan.

  • Release of Security Interest in Assets Being Sold 45 Section 2.18.

  • Protection of Right, Title and Interest in Assets; Further Action Evidencing the Funding 119 Section 13.13.

  • Release of Security Interest in Assets Being Sold 60 Section 2.20.

  • Protection of Right, Title and Interest in Assets; Further Action Evidencing the Funding 98 Section 14.13.

  • Security Interest in Assets of Apex Telecommunications Manufacturing, Inc.......

  • Release of Security Interest in Assets being Sold 56 Section 2.20.

  • Other revenue increased $138 million year over year to $435 million, driven by an impairment on a nonmarketable equity investment in the prior year period as well as underlying momentum across insurance, SmartAuction, and the consumer banking businesses.

  • Release of Security Interest in Assets being Sold 59 Section 2.20.

  • Protection of Right, Title and Interest in Assets; Further Action Evidencing the Funding......................................................87 Section 14.13.

Related to Interest in Assets

  • Interest in the Property means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract, or escrow agreement, the intent of which is the transfer of title by Borrower to a purchaser at a future date. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Xxxxxx’s prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, Lender will not exercise this option if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender will give Borrower notice of acceleration. The notice will provide a period of not less than 30 days from the date the notice is given in accordance with Section 16 within which Borrower must pay all sums secured by this Security Instrument. If Xxxxxxxx fails to pay these sums prior to, or upon, the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower and will be entitled to collect all expenses incurred in pursuing such remedies, including, but not limited to: (a) reasonable attorneys’ fees and costs; (b) property inspection and valuation fees; and (c) other fees incurred to protect Xxxxxx’s Interest in the Property and/or rights under this Security Instrument.

  • Interest Incurred of any Person for any period means, without duplication, the aggregate amount of (a) Interest Expense and (b) all capitalized interest and amortized debt issuance costs.

  • REMIC I Assets All of the Mortgage Pool Assets.

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • Interest Income means interest earned on the Funding;

  • Securitization Assets means (a) the accounts receivable, royalty or other revenue streams and other rights to payment and other assets related thereto subject to a Qualified Securitization Facility and the proceeds thereof and (b) contract rights, lockbox accounts and records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in a securitization financing.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Portfolio Investments has the meaning set forth in the introductory section of this Agreement.

  • Loan Assets means, collectively and as applicable, the Initial Loan Assets, the Substitute Loan Assets and the Additional Loan Assets, as applicable.

  • Consolidated Interest Incurred for any period means the Interest Incurred of the Company, the Issuer and the Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Interest Income means, for any period, the interest income of the Consolidated Group for such period, determined on a consolidated basis in accordance with GAAP.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Interest Basis has the meaning given to it in the applicable Final Terms;

  • Consolidated Total Assets means, at any time, the total assets of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis, as set forth or reflected on the most recent consolidated balance sheet of the Borrower and its Consolidated Subsidiaries, prepared in accordance with GAAP.

  • Total Consolidated Assets means, as of any date, the total assets appearing on the most recently prepared consolidated balance sheet of the Borrower and its Restricted Subsidiaries as of the end of the most recent fiscal quarter of the Borrower and its Restricted Subsidiaries for which such balance sheet has been provided in accordance with Section 4.01(xvii) or Section 6.01(a) or (b) (as applicable), prepared in accordance with GAAP.

  • Interest Reserve Loan Each Actual/360 Mortgage Loan.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • REMIC II Assets The REMIC I Regular Interests.