Legacy Assets definition

Legacy Assets means the assets of LegacyCo, which shall be all assets of the Debtors and Reorganized Debtors (other than New Permian Corp. and New Permian LLC) other than the Permian Assets and which may include equity interests of a Debtor or Reorganized Debtor (other than New Permian Corp. and New Permian LLC), with such Debtor or Reorganized Debtor (other than New Permian Corp. and New Permian LLC) retaining its assets.
Legacy Assets means the Assets that are no longer used in the operation of the Business but that were used in the operation of the global online travel business operated under the Transferred Brand prior to January 29, 2014.
Legacy Assets means the Company’s rights, assets, technology and intellectual property in existence immediately prior to the execution of the Business Combination Agreement and relating to the Company’s drug discovery and drug development programs, including the Company’s bleeding disorder candidates and its protease therapeutic platform and programs including: SQ Marzeptacog alfa (FVIIa); SQ Dalcinonacog alfa (FIX); and CB 2679d-GT.

Examples of Legacy Assets in a sentence

  • To the extent permitted under the Mezzanine Loan Agreement and the agreements entered into in connection with the Repurchase Finance Assumption Transactions, CT Legacy REIT Mezz Borrower may finance or refinance Legacy Assets.

  • RESPONSE NOTIFICATION AND PROTOCOL‌ Page IV.A. Protocol 15IV.B. Notification of Natural Resource Trustees 15IV.C. Greater Chicago SACP Response Protocol 15 Just as a discharge of oil or a hazardous substances release can emanate from numerous sources, the discovery of a spill and initiation of notification procedures can proceed along a number of paths.

  • Except as expressly set forth herein, none of the Parent or any of its Subsidiaries shall have any obligation or liability whatsoever to any Holder relating to or in connection with any action, or failure to act, with respect to the sale of the Parent Legacy Assets.

  • Following the CVR Term, the Parent shall be permitted to take any action in respect of the Parent Legacy Assets in order to satisfy any wind-down Liabilities associated with the Parent Legacy Assets.

  • Under the CSRP, the NCUA created a re-securitization program (NCUA Guaranteed Notes (NGN) Program) to provide long-term funding for the Legacy Assets through the issuance of the NGNs by trusts established for this purpose (NGN Trusts).


More Definitions of Legacy Assets

Legacy Assets has the meaning given to such term in the definition of Legacy Asset Disposition.
Legacy Assets means the assets, rights and interests held by or on behalf of Homology or any of its Subsidiaries as of the execution date of the Merger Agreement relating to Homology’s HMI-103 (Adult/Pediatric PKU), HMI-204 (MLD), Capsids and AAVHSC Platform, including any equity interests held directly or indirectly by Homology in Oxford Biomedica Solutions, LLC or its affiliates (“OXB Solutions”) pursuant to that certain Equity Securities Purchase Agreement, dated as of January 28, 2022, by and between Homology and OXB Solutions, in which Homology owns twenty percent (20%) of the fully diluted equity interests in OXB Solutions and Homology is entitled to exercise a put option to sell or transfer Homology’s equity interests in OXB Solutions set forth therein on March 10, 2025 (such interests, the “Oxford Assets”); provided that Legacy Assets shall not include any Abandoned Homology Legacy IP Rights (as defined in the Merger Agreement).
Legacy Assets the retail properties and other assets (together with any related liabilities) distributed to Legacy pursuant to the Distribution Agreement.
Legacy Assets shall consist of the assets transferred to Legacy by Excel and EDV pursuant to this Section 2.1.
Legacy Assets means all Owned Sites and other assets that are or may be subject to Tort Claims, Environmental Claims or Indirect Environmental Claims, which will be transferred to the Environmental Response Trusts on the Effective Date; provided, however, that Tronox may, at its expense and in accordance with applicable health and safety requirements and under the supervision of the United States and the relevant state, remove certain equipment and other assets related to Tronox’s operations from each of the Savannah, GA, Soda Springs, ID and Mobile, AL sites and transfer such equipment and assets to alternate locations to be determined by Reorganized Tronox.
Legacy Assets has the meaning set forth in the Term Sheet.
Legacy Assets means the assets formerly belonging to the Predecessor Fund, and which are contributed by the Limited Partners to the Partnership.