Residual Assets definition

Residual Assets means only the following assets of Old CNC: the Residual Subsidiaries and to the extent not included in the assets of the Residual Subsidiaries, an amount of Cash required to satisfy (a) all Administrative Claims, (b) the reasonable costs and expenses associated with the liquidation of Old CNC (including, without limitation, the payment of any taxes, assessments, insurance premiums, repairs, legal fees, Residual Trustee's fees and costs, rent, storage and sales commissions), and (c) if applicable, the reasonable costs and expenses associated with the Residual Trust.
Residual Assets means any equipment declared surplus by the Authority, which may include, but not be limited to, those identified at Annex E. Should the Authority identify any other surplus equipment that is not covered by the foregoing, it may at its discretion request the Contractor to dispose of that equipment in accordance with the Contract. The Contractor’s agreement to dispose of equipment shall not be unreasonably withheld. As set out in Condition 3.6, such requests shall in no way imply that the Authority is bound to dispose of that, or like equipment in such a way in the future. Refer to Condition 3.6 of Scope of Contract..
Residual Assets means, in relation to any Series:

Examples of Residual Assets in a sentence

  • The Authority is required to maximise the return to the Defence Vote through the disposal of the Residual Assets, but is unable to store, or carry out any repair or refurbishment, or to give any warranty to the Contractor or to any Customer.

  • For the delivery of the residual assets upon the completion of the Trust, please refer to III "Outline of Securities Business", 1 "Procedures for Registration of Transfer", (5) "Delivery of Residual Assets upon Completion of Trust".

  • But such use must be supported by a solid security architecture, which is currently lacking.More specifically, the Internet offers:• World-wide e-mail: It is doubtful whether any other communication medium provides access to as many defence-related people and organizations while also buffering messages so that participants need not be simultaneously accessible in order to communicate.

  • Management of all Residual Assets and investments of the Post-Effective Date Estate’s Cash shall be administered, subject to the limitations and provisions set forth herein, in view of the manner in which individuals of ordinary prudence, discretion and judgment would act in the management of their own affairs.

  • The Authority has selected the Contractor to collect, store, market and sell Residual Assets as defined at Annex E.


More Definitions of Residual Assets

Residual Assets means the assets, whether tangible or intangible, of the Borrower that are not subject to the Fixed Charge.
Residual Assets. ’ means the interest of the financing corporation
Residual Assets means the Lincosamide Asset and the Pleuromutilin Asset.
Residual Assets means, in relation to the dissolution or winding up of a body, the assets of the body which remain after satisfaction of the body’s liabilities.
Residual Assets means the remaining assets constituting the Wakala Portfolio following the occurrence of a Total Loss Termination Event;
Residual Assets means all Assets, if any, belonging to the Debtor, the Estate or MMA Canada and not sold in the Asset Sale, including, without limitation, real estate, Cash, personal property, intangibles, rights to payment, Post-Confirmation Causes of Action, and any other Causes of Action of the Debtor or the Estate not previously released or released pursuant to the Plan or included in the Initial WD Trust Assets, all of which Causes of Action are preserved under the Plan.
Residual Assets means all assets of the Finance Company Debtors and their subsidiaries that are not Divested Assets, including, but not limited to, Causes of Actions and the Net Litigation Proceeds therefrom (other than Third Party Action Reserve Account Net Litigation Proceeds).