Replaced Assets definition

Replaced Assets has the meaning assigned such term in Section 2.04.
Replaced Assets shall have the meaning given such term in the definition of Borrowing Base Asset Substitution.
Replaced Assets has the meaning given to it in Clause 8.15.1;

Examples of Replaced Assets in a sentence

  • Upon consummation of such substitution, the Trust shall be deemed to have assigned to the Depositor all of the Trust's right, title and interest in and to the Replaced Assets, without recourse, representation or warranty.

  • Upon consummation of such substitution, the Trust shall be deemed to have assigned to the Depositor all of the Trust’s right, title and interest in and to the Replaced Assets, without recourse, representation or warranty.

  • A Purchase shall also be deemed to have occurred upon a substitution of Replaced Assets with Substitute Assets and in connection with an Upgrade; provided that no such substitution or Upgrade shall be deemed usage of the Note Purchase Limit.

  • As promptly as practicable following its receipt of such assets from the Retrocessionaire, the Retrocedant may direct such assets to be credited to the applicable Security Account and, at the cost of the Retrocessionaire, transfer to the Retrocessionaire, the Replaced Assets released by the Custodian to the Retrocedant therefrom.

  • Such assignment of the Replaced Assets to the Trust Depositor shall be without recourse to the Indenture Trustee and the Trust and free and clear of any Lien created pursuant to this Agreement, and neither the Indenture Trustee nor the Trust shall be deemed to make any representation or warranty, express or implied.


More Definitions of Replaced Assets

Replaced Assets means any equipment, fixed assets, real property or --------------- improvements that are sold or otherwise disposed of (including any trade- in) and replaced by assets that are identical or substantially similar to such replaced assets or that serve a substantially similar purpose as such replaced assets.

Related to Replaced Assets

  • Replacement Assets means (1) non-current assets (including any such assets acquired by capital expenditures) that shall be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or the Voting Stock of any Person engaged in a Permitted Business that is or shall become on the date of acquisition thereof a Restricted Subsidiary of the Company.

  • 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).

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.