Principal Asset definition

Principal Asset means each of the ▇▇▇▇ Massachusetts Project and, from and after the ▇▇▇▇ Las Vegas Reorganization, the ▇▇▇▇ Las Vegas Resort and the Encore at ▇▇▇▇ Las Vegas.
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Principal Asset means any asset which is necessary to enable the licensee to undertake its licensed Electricity Activities in accordance with the Law, the Implementing Regulations and/or this licence.
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Principal Asset means each of the Wynn Massachusetts Resort and the ▇▇▇▇ Las Vegas Resort and the Encore at ▇▇▇▇ Las Vegas.
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Examples of Principal Asset in a sentence

  • The foregoing provisions of this Article 5 shall not apply to any Principal Asset Sale or Principal Asset Sales.

  • During the period ending on the first anniversary of the date of this Indenture, the Issuer shall deliver, or cause to be delivered, within 30 days after its receipt thereof from time to time, Net Proceeds of any Asset Sale that is not a Principal Asset Sale to the disbursing agent of the Issuer pursuant to the Plan, for distribution to Class 3 claimants in accordance with the provisions of the Plan.

  • The Issuer shall use commercially reasonably efforts to direct the seller pursuant to each Principal Asset Sale to transfer or cause to be transferred the Net Proceeds of such Principal Asset Sale to the Issuer.

  • The Banks and the Bank Agent acknowledge and agree that upon a Principal Asset Sale any Liens of the Banks on any assets or equity interests being sold in such Principal Asset Sale shall be released, provided that Net Proceeds of such Principal Asset Sale are applied to the Bank Credit Facility Obligations in accordance with the provisions of Section 3.09 of the Indentures.

  • Mandatory Redemption Out of Net Proceeds of Principal Asset Sales................29 Section 3.10.

  • Mandatory Redemption Out of Net Proceeds of Principal Asset Sales............................................28 Section 3.10.

  • Notwithstanding the foregoing, the Issuer shall not be required to redeem Notes pursuant to this paragraph 8 out of Net Proceeds of any Principal Asset Sale (except following the final distribution of such Net Proceeds) that are received subsequent to the initial receipt of Net Proceeds from such Asset Sale unless such subsequently received Net Proceeds, together with all other Net Proceeds not theretofore applied pursuant to this paragraph 8, exceed $1,000,000.

  • Mandatory Redemption Out of Net Proceeds of Principal Asset Sales................28 Section 3.10.

  • SF 324 DATA PAGE Asset Allocation 0% Invested in Principal Asset Allocation Fund, Inc.

  • Mandatory Redemption Out of Net Proceeds of Principal Asset Sales .......................................28 Section 3.10.


More Definitions of Principal Asset

Principal Asset means principal asset in which REIT is able to invest under rules as prescribed in the Notification of the Capital Market Supervisory Board concerning the Issuance and Offer for Sale regarding Units of Real Estate Investment Trust.
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Principal Asset means principal asset in which REIT is able to invest under rules as prescribed in Notification of the Office of the Securities and Exchange Commission concerning the Issuance and Offer for Sale of Units regarding Real Estate Investment Trusts.
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Principal Asset means the value of the accommodation relative to the entity’s other holdings.
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Principal Asset means: (a) any asset of the Borrower or any Subsidiary of the Borrower, other than an asset that the Board of Directors of the Borrower reasonably determines (such determination being made prior to the incurrence of any Lien thereon or any sale and lease-back transaction with respect thereto) is not of material importance to the business conducted by the Borrower and its Subsidiaries, taken as a whole; and
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