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.

  • 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 Estate Representative may, but is not required to, sell, monetize or liquidate the Settlement Non-Cash Assets and the Residual Assets, including, without limitation, through the prosecution of Post- Confirmation Causes of Action.

  • 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".

  • 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 interest of the financing corporation
Residual Assets means the assets, whether tangible or intangible, of the Borrower that are not subject to the Fixed Charge.
Residual Assets means the Lincosamide Asset and the Pleuromutilin Asset.
Residual Assets means, without duplication of any other component of Distributable Cash, all tangible and intangible assets belonging to the Debtors and to the Liquidating Trust which, as of the Liquidation Date, are not a Purchase Note(s), Nevada Purchase Note(s) or operating assets (or stock) of any Operating Company that has not been sold.
Residual Assets means the assets of Paradyne remaining after the Asset Sales, related distributions by Paradyne to Lucent and the distribution of promissory notes contemplated by Section 1.4 of the Purchase Agreement.
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;