Major Assets definition

Major Assets means assets of which the book entry exceeds 300,000 CNY, or assets which might have great influence to business operation of any party herein.
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Major Assets means any tangible and intangible assets owned by TX China or TX China subsidiaries worth RMB 1,000,000 or more.
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Major Assets means any tangible and intangible assets owned by TX China or TX China subsidiaries worth RMB 1,000,000 or more. "Memorandum and Articles" shall mean the Memorandum and Articles of Association of TX International mutually agreed by AAAC and TX China. <PAGE> "Permits" shall mean all governmental registrations, licenses, permits, authorizations and approvals. "Person" shall mean an individual, partnership, corporation, joint venture, unincorporated organization, cooperative or a governmental entity or agency thereof. "PRC" shall mean the People's Republic of China, for the purposes of this Agreement, excluding the Hong Kong Special Administrative Region and the Macao Special Administrative Region and Taiwan. "Representatives" of either Party shall mean such Party's employees, accountants, auditors, actuaries, counsel, financial advisors, bankers, investment bankers and consultants. "RMB" shall mean the official currency of the PRC. "Securities Act" shall mean the US Securities Act of 1933, as amended. "Security Interest" shall mean any mortgage, pledge, assessment, security interest, lease, lien, adverse claim, levy, charge or other encumbrance of any kind, or any condition sale Contract, title retention Contract or other Contract to give any of the foregoing. "Tax" or "Taxes" shall mean all income, gross receipts, sales, stock transfer, excise, bulk transfer, use, employment, social security, franchise, profits, property or other taxes, <PAGE> tariffs, imposts, fees, stamp taxes and duties, assessments, levies or other charges of any kind whatsoever (whether payable directly or by withholding), together with any interest and any penalties, additions to tax or additional amounts imposed by any government or taxing authority with respect thereto. "TX International" shall mean TX International Ltd., the successor of AAAC after TX China Acquisition. "TX China's Auditors" shall mean Xxxxxx Xxxxx CPA Limited. "US" or "United States" shall mean the United States of America. "US$" shall mean the official currency of the United States. "US GAAP" shall mean generally accepted accounting principles, consistently applied in the United States. ARTICLE 11
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Examples of Major Assets in a sentence

  • Where the cost of purchasing or improving the Fixed Assets and Major Assets is less than £10,000 authorisation is not required, but the Asset should be recorded on the fixed asset register.

  • The Grant Recipient shall agree in advance with the Authority any plans to purchase or improve any Fixed Assets at a cumulative cost exceeding £10,000 and must keep a register of all Fixed Assets and Major Assets acquired or improved at a cost exceeding £10,000, wholly or partly using the Grant provided under the Grant Funding Agreement.

  • Reference is made to the circular of the Company dated 27 October 2014 in relation to the Major Assets Reorganisation of the Group.

  • The Grant Recipient [shall agree in advance with the Authority any plans to purchase or improve any Fixed Assets at a cumulative cost exceeding £10,000and must keep a register of all Fixed Assets and/or Major Assets acquired or improved at a cost exceeding £250,000, wholly or partly using the Grant provided under the Grant Funding Agreement.

  • Where the cost of purchasing or improving the Fixed Assets and/or Major Assets is less than £10,000 authorisation is not required, but the Asset should be recorded on the fixed asset register.

  • Inventory of the Assets The Grant Recipient [shall agree in advance with the Authority any plans to purchase or improve any Fixed Assets at a cumulative cost exceeding [ £x please insert [and] must keep a register of all Fixed Assets [and/or Major Assets] acquired or improved at a cost exceeding [£ please insert], wholly or partly using the Grant provided under the Grant Funding Agreement.

  • Where the cost of purchasing or improving the Fixed Assets and/or Major Assets is less than [£x] authorisation is not required, but the Asset should be recorded on the fixed asset register.

  • Where the cost of purchasing or improving the Fixed Assets and/or Major Assets is less than £ 1,000 authorisation is not required, but the Asset should be recorded on the fixed asset register.

  • The Grant Recipient shall agree in advance with the Authority any plans to purchase or improve any Fixed Assets at a cumulative cost exceeding [£x] and must keep a register of all Fixed Assets and/or Major Assets acquired or improved at a cost exceeding [£x], wholly or partly using the Grant provided under the Grant Funding Agreement.

  • Except as set forth in Section 3.09 of the Disclosure Schedule, none of their Major Assets is subject to any Security Interest, option to purchase or lease, restriction, or imperfection of title or material adverse claim.


More Definitions of Major Assets

Major Assets means the following Regency Companies' facilities: (a) the Hugoton Lakin gathering and processing facilities, (b) the Mocane-Laverne gaxxxxxng and processing facilities, (c) the Greenwood gathexxxx xxcility, (d) the Waha gathering and processing facilities, (e) the Dubach and Lisbon gathering and processing facilities, (f) the Regency Intrastate transportation facility and (g) the Gulf States transmission facilities.
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Major Assets refers to the assets whose book value reaches or exceeds XXX 0 million or which have a material impact on the business operation of one Party.
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Related to Major Assets

  • Major Asset Disposition means the sale or other disposition in one transaction or a series of related transactions of 50% or more of the assets of the Company and its subsidiaries on a consolidated basis; and any specified percentage or portion of the assets of the Company shall be based on fair market value, as determined by a majority of the members of the Incumbent Board;

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • 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.

  • Subject Assets is defined in Section 2.2(c).

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Total Assets as of any date means the sum of (i) the Undepreciated Real Estate Assets and (ii) all other assets of the Company and its Subsidiaries determined in accordance with GAAP (but excluding accounts receivable and intangibles).

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Specified Assets the following property and assets of such Grantor:

  • Capital Assets means, with respect to any person, all equipment, fixed assets and Real Property or improvements of such person, or replacements or substitutions therefor or additions thereto, that, in accordance with GAAP, have been or should be reflected as additions to property, plant or equipment on the balance sheet of such person.

  • Initial Assets The Assets identified on Schedule I hereto.

  • Invested Assets means the sum of the market value of the securities held in the Portfolios, and shall not include cash or cash equivalents.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Transfer Assets means the assets of the Company which the WFOE or its designated entity or individual is entitled to purchase from the Company at the request of the WFOE upon its exercise of the Assets Call Option in accordance with Section 3 hereof, the amount of which may be all or part of the assets of the Company and shall be determined by the WFOE at its sole discretion in accordance with the then effective PRC Law and its commercial needs.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Additional Assets means (i) any property or assets (other than Indebtedness and Capital Stock) in a Related Business; (ii) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary or (iii) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clauses (ii) or (iii) above is primarily engaged in a Related Business.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • 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”).

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.