Original Assets definition

Original Assets is defined in the Recitals of this Agreement.
Original Assets is defined in the recitals.
Original Assets means the assets owned by Desert Newco, or any of its direct or indirect Subsidiaries treated as a partnership or disregarded entity (but only if such indirect Subsidiaries are held only through Subsidiaries treated as partnerships or disregarded entities) for purposes of the applicable Tax, at the time of the IPO. Original Assets also include any asset that is “substituted basis property” under Section 7701(a)(42) of the Code with respect to any Original Asset.

Examples of Original Assets in a sentence

  • The Ltd Exchanging Subsidiaries delivered to LMDC a schedule (the “Redemption Basis Schedule”) approved by the Audit Committee that showed, in reasonable detail, for purposes of Covered Taxes, (i) the actual tax basis as of the Redemption Date of the Original Assets, (ii) the Basis Adjustment with respect to the Original Assets as a result of the Sale and the Distribution and (iii) the period or periods, if any, over which the Original Assets are amortizable or depreciable for purposes of Covered Taxes.

  • Except for the obligations of AFG pursuant to Section 4.3, the sale of the Original Assets will be without recourse to AFG.

  • It is the intention of the parties for Vantiv to pay Fifth Third 85% of the additional Covered Taxes that Vantiv would have been required to pay on Tax Returns that have actually been filed but for (i) the difference between the tax basis in the Original Assets and the Hypothetical Tax Basis and (ii) any deduction attributable to the Imputed Interest, and this Agreement shall be interpreted in accordance with such intention.

  • The number of complaints not including these cases is 279.15 Among the 537 complaints and suggestions, 84 complaints (about the standard of service) were received from one complainant.

  • AFG -------------------------------------------- Credit makes the following representations and warranties on which AFG relies in selling the Original Assets, contributing and selling any Additional Assets and purchasing Property and acting as agent on behalf of AFG Credit in connection with the purchase of Property and the origination of the AFG Credit Leases by AFG Credit.


More Definitions of Original Assets

Original Assets is defined in the preamble of this Agreement.
Original Assets means the assets owned by IBG LLC as of the date of the Original Sale and any asset whose tax basis is determined, in whole or in part, by reference to the adjusted basis of any such asset.
Original Assets. Has the meaning set forth in Section 2.01 of the related Transfer Agreement.
Original Assets means the assets of NCM LLC as of the date hereof (and any asset whose tax basis is determined, in whole or in part, by reference to the adjusted basis of any such asset).
Original Assets means the assets owned by the Corporate Taxpayer and its Subsidiaries (including, for the avoidance of doubt, SkinnyPop) at the time of the IPO. An Original Asset also includes any asset that is “substituted basis property” under Section 7701(a)(42) of the Code with respect to an Original Asset.
Original Assets means the assets owned by the Limited Partnership as of the date of the Original Sale and any asset whose tax basis is determined, in whole or in part, by reference to the adjusted basis of any such asset.
Original Assets has the meaning set forth in Section 1.1(b).