NLOP Assets definition

NLOP Assets means, except as set forth in Sections 2.5 and 2.6, all of the equity of the NLOP Subsidiaries and all of the other assets owned or to be owned by the NLOP Subsidiaries immediately following the transactions described in Section 2.1, including the assets set forth in Section 1.1(a) of the Disclosure Schedule, and all of the other Assets held or to be held by NLOP set forth on Section 1.1(b) of the Disclosure Schedule. For the avoidance of doubt, the NLOP Assets shall include, but not be limited to, all Assets recorded on the NLOP Balance Sheet; provided, that the amounts set forth on the NLOP Balance Sheet with respect to any Assets shall not be treated as minimum or maximum amounts or limitations on the amount of such Assets that are included in the definition of NLOP Assets.
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NLOP Assets has the meaning set forth in the Separation and Distribution Agreement.
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Examples of NLOP Assets in a sentence

  • The Parties further agree that no later than 60 days following the Distribution Date, WPC shall be reimbursed an aggregate of $366,395.83 for certain estimated rent payable with respect to the NLOP Assets that relates to uncollected rent for the period between October 1, 2023 and the Effective Time, which shall be paid by wire transfer to an account designated by WPC in immediately available funds.

  • The Parties further agree that no later than 60 days following the Distribution Date, WPC shall be reimbursed an aggregate of $ for certain estimated rent payable with respect to the NLOP Assets that relates to uncollected rent for the period between , 2023 and the Effective Time, which shall be paid by wire transfer to an account designated by WPC in immediately available funds.

Related to NLOP Assets

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

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

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Fixed Assets means Equipment and Real Estate.

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

  • Assets has the meaning set forth in Section 2.1.