Examples of Qualified Assets in a sentence
The Borrower represents and warrants that as of the Effective Date, Schedule X is a correct and complete list of all Qualified Assets.
In connection therewith and without limiting the foregoing, the Partnership shall have the power to dispose of the Qualified Assets in accordance with the terms of this Agreement and to engage in any and all activities related or incidental thereto, all for the benefit of the Partners.
The Company hereby establishes the Trust with the Trustee, consisting of such Qualified Assets, as defined in Section 5.1.3, as may be contributed or delivered to the Trustee from time to time.
At all times there shall be at least ten (10) Qualified Assets with an aggregate asset value of at least $400,000,000 in the Unencumbered Asset Pool.
None of the Qualified Assets or the Capital Stock of any Subsidiary Guarantor or any Wholly-Owned, direct Foreign Subsidiary of a Subsidiary Guarantor that owns or leases a Qualified Asset is subject to any Lien except Permitted Encumbrances and Permitted Equity Encumbrances.