Relevant Term Assets definition

Relevant Term Assets means all the Relevant Assets purchased by the Investment Agent pursuant to any Supplemental Sale and Purchase Agreement (as such assets may be sub-divided or consolidated) and as the same may be reduced pursuant to any transfer to the Company pursuant to this Undertaking or the Purchase Undertaking, as applicable.
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Relevant Term Assets has the meaning given to it in the Service Agency Agreement.
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Relevant Term Assets means all the Relevant Assets purchased by the Investment Agent pursuant to any Supplemental Sale and Purchase Agreement (as such assets may be sub-divided or consolidated) as may be reduced pursuant to any transfer to the Company pursuant to the Purchase Undertaking or the Sale Undertaking, as applicable .
Sample 1

Examples of Relevant Term Assets in a sentence

  • This Undertaking shall continue in full force and effect with respect to the Relevant Term Assets that have not been acquired by the Company pursuant to the exercise of this Undertaking or the Sale Undertaking and no further action shall be required under clause 34 (Amendments, Waivers and Consents) of the Common Terms Agreement in order to effect any such change.

  • Upon execution of a Supplemental Sale and Purchase Agreement by the parties to it (or on the assignment or transfer to, or assumption by, it of any Participation in accordance with clause 19 (Changes to the Financiers) of the Common Terms Agreement, each Participant will acquire ownership rights and benefit in and to the Relevant Term Assets equal to its Pro Rata Share (expressed as a percentage).

  • This Exercise Notice is given pursuant to paragraphs [(a), (b), (c), (d), (e), (f)]1 of Clause 4.1 (Exercise) of the Undertaking in respect of [all]/[insert relevant proportion]** of the ownership rights and benefit in and to the Relevant Term Assets held by the Investment Agent (on behalf of the Participants).

  • The Investment Agent shall hold the Relevant Term Assets as agent for the Participants and shall only dispose of them in accordance with the terms of the Islamic Financing Transaction Documents.

  • This Undertaking shall continue in full force and effect with respect to the Relevant Term Assets that have not been acquired by the Company pursuant to the exercise of this Undertaking or the Purchase Undertaking and no further action shall be required under clause 34 (Amendments, Waivers and Consents) of the Common Terms Agreement in order to effect any such change.

  • Imposing some form of short‐sale constraints is a common response of regulators facing stock market downturns.The latest example is the global restrictions on short‐selling in September/October 2008 due to the credit crunch.

  • From time to time the Investment Agent (on behalf of the Participants) shall purchase the Relevant Term Assets from the Company (acting on its own behalf) in accordance with the terms of the Master Sale and Purchase Agreement, subject to the terms and conditions of the Islamic Financing Transaction Documents.

  • The Company shall, if so requested, as soon as practicable provide the Investment Agent with any information or details in relation to the Accounts and the Relevant Term Assets that the Investment Agent may, by written notice, reasonably request.

  • We hereby exercise our right under Clause 4 (Exercise) of the Undertaking to oblige you to sell to us at the Exercise Price all of the ownership rights and benefit in and to [all of]/[insert the relevant proportion of] the Relevant Term Assets held by you (as agent of [the Participants]/[[ ]* as Participant).


More Definitions of Relevant Term Assets

Relevant Term Assets has the meaning given to that term in the Purchase Undertaking or the Sale Undertaking (as applicable).
Sample 1

Related to Relevant Term Assets

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.

  • Food service establishment means a fixed or mobile restaurant, coffee shop, cafeteria, short order cafe, luncheonette, grill, tearoom, sandwich shop, soda fountain, tavern, bar, cocktail lounge, nightclub, drive-in, industrial feeding establishment, private organization serving the public, rental hall, catering kitchen, delicatessen, theater, commissary, food concession, or similar place in which food or drink is prepared for direct consumption through service on the premises or elsewhere, and any other eating or drinking establishment or operation where food is served or provided for the public. Food service establishment does not include any of the following:

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • Program Assets means any assets, goods or property (real, tangible or intangible) purchased or financed in whole or in part (directly or indirectly) by MCC Funding.

  • Acquisition Period means the period ending five (5) business days prior to

  • catering establishment means a restaurant, canteen, club, public house, school, hospital or similar establishment (including a vehicle or a fixed or mobile stall) where, in the course of a business, food is prepared for delivery to the ultimate consumer and is ready for consumption without further preparation;

  • Controlled unaffiliated business means a company:

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Acquired EBITDA means, with respect to any Acquired Entity or Business or any Converted Restricted Subsidiary for any period, the amount for such period of Consolidated EBITDA of such Acquired Entity or Business or Converted Restricted Subsidiary, as applicable, all as determined on a consolidated basis for such Acquired Entity or Business or Converted Restricted Subsidiary, as applicable.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Student-Generated Content means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Adult entertainment establishment means any of the following:

  • Operational Period means the Certificate’s actual term of validity, beginning with the start of the Validity Period and ending on the earlier of: (i) the end of the Validity Period disclosed in the Certificate; or (ii) the revocation of the Certificate.

  • Retail food establishment means an operation that sells or offers to sell food directly to a consumer. Retail food establishment includes both a retail grocery and a food service establishment but does not include a food processing plant.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Separate Business means each of the activities of the Licensee connected

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Excluded Businesses has the meaning set forth in Schedule 1.