Owned Assets definition

Owned Assets as defined in Section 3.7(a).

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Owned Assets has the meaning set forth in Section 3.6.3.

Owned Assets means those components and other assets (including related ------------ construction and installation and the costs thereof) owned by Lessee or another subsidiary of Guarantor that are included in a Qualified MAN or FCL and that do not constitute Leased Assets.

Examples of Owned Assets in a sentence

• The Facility Owners will not, as of Closing, own or hold an interest in any property, real or personal, tangible or intangible, except for the Owned Assets.

• Maintain a minimum of twenty (20) Eligible Owned Assets that are included in the calculation of the Borrowing Base at all times (the “Minimum Property Condition”).

• Sunrise has not misrepresented any material fact which would prevent the Owned Assets from being operated after the date hereof in the manner in which the Owned Assets are currently being used and operated.

• The Owned Assets (except Excluded Assets) constitute all real, tangible and intangible assets and property used or useful in the operation of the applicable Facilities as they have been operated by the Facility Owners.

• There are no assets necessary or material to the operation of the Facilities as currently operated that are not Owned Assets, other than Excluded Assets.

More Definitions of Owned Assets

Owned Assets shall have such meaning as ascribed to the term in Paragraph 10.1 of Part A Schedule IV;

Owned Assets means all assets, interests and rights of any kind, whether tangible or intangible, real or personal, owned by the Company prior to the transfer of the Transferred Assets to the Company pursuant to this Agreement.

Owned Assets is defined in Section 2.01.

Owned Assets has the meaning ascribed thereto in the Recitals hereto;

Owned Assets as defined in Sec. 9.7.2

Owned Assets. 5.14(a) "Partnership Inteest" Recitals "Pershing Ltd." Recitals "Pershing Trading" Recitals "Plans" 3.19

Owned Assets means those Acquired Assets which are not Leased Assets.