Examples of New Assets in a sentence
Buyer has not made any independent inquiry of any aspect of the New Assets or Purchased Assets or the underlying collateral.
Seller is not transferring any New Assets with any intent to hinder, delay or defraud any of its creditors.
Within 5 London Business Days of receiving a BIE Request Notice the Calculation Agent will, on the Issuer’s behalf, determine (i) whether the BIE Proposed New Assets are BIE Eligible New Assets and, if so (ii) the BIE Transaction Cost applicable upon such substitution or exchange.
Buyer and its representatives shall have the right to review all New Assets proposed to be sold to Buyer in any Transaction and to conduct its own due diligence investigation of such New Assets as Buyer determines is necessary in Buyer’s sole discretion.
New Assets, Useful Life - Depreciation/Replacement Schedule, and B.