Retained Part definition

Retained Part means, in respect of each Split Transferred Contract, each part of such Contract which either:
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Retained Part means part of a building which will be—
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Retained Part means each of those parts of (i) the Parent Owned Properties and the Parent Leased Properties which, following transfer or assignment to SpinCo, are intended to be leased or subleased to Parent, (ii) the SpinCo Owned Properties and the SpinCo Leased Properties which, following the transfer or assignment to Parent, are intended to be leased or subleased to SpinCo, (iii) those parts of the Sublease Properties and the Parent New Lease Properties which will not, and which are not intended to, be leased or subleased to SpinCo in accordance with this Agreement and (iv) those parts of the Sublease Properties and the SpinCo New Lease Properties which will not, and which are not intended to, be leased or subleased to Parent in accordance with this Agreement.
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Examples of Retained Part in a sentence

  • The Retained Part is part of a car park for users of the recreation ground.

  • It must, I think, either have been a reference to past approaches concerning the 32VRL Part, or as meaning that funding of the possible future development of the Retained Part had not been progressed because Handelsbanken had not provided an encouraging response to Mr Crawford (who was the main point of contact with it).

  • Retained Part : the part which we left unchanged from the original, from 4 (highest pitch) to 1 (lowest); Particle Filter: the sampling result; Beam Search: the beam search result.

  • It would appear that the decision that SMD, as opposed to PADS, should develop the Retained Part was driven by tax considerations.

  • The only difference is that PADS leased the 32VRL Part to 32VRL, and that PADS leased the Retained Part to SMD.

  • SMD then carried out the development of the Retained Part, yielding £2,375,000 (or £1,830,000 net of corporation tax).

  • If PADS had embarked on a development of both Parts at a time when those monies had not been received (because the 32VRL Part had not been sold) it would have been in a very different position financially than applied when SMD developed the Retained Part, and the costs of financing might well have been substantially different and higher than SMD’s costs of financing (whatever they were).

  • In fact, it seems to me that the decision to sell the 32VRL Part and develop the Retained Part provided PADS with the most financially advantageous outcome which was prudently available to it, and one for which, viewed objectively, Mr Ross ought to be grateful, notwithstanding that he may sincerely believe that his perception of matters up to May 2011 was more accurate than that of the Defendants, and that they could all have made more money.

  • There is no dispute that SMD was a special purpose vehicle (“SPV”), that the share ownership in SMD matched that in PADS, and that the Retained Part was separately developed between about May 2014 and March 2016 by SMD.

  • The decision to proceed with the sale of the 32VRL Part warded off those problems, and allowed PADS to manage its borrowings, and to deal with the Retained Part to the benefit of all the RP Shareholders.


More Definitions of Retained Part

Retained Part means part of a building which will be on the relevant land on completion of the chargeable development (excluding new build), part of the chargeable development on completion and chargeable at rate R.
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Retained Part means the relevant part of the Mixed Contract which relates exclusively to the Seller’s Group Retained Business;
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Related to Retained Part

  • Retained Assets has the meaning set forth in Section 2.2.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Taxable Public Property means all Assessor’s Parcels of Public Property that are not exempt pursuant to Section E below.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Retained Liabilities has the meaning set forth in Section 2.4.

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Transferred Entities means the entities set forth on Schedule 1.9.

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

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Public Property means any and all property owned by the City or held in the name of the City by any of the departments, commissions or agencies within the City government.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • 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.

  • Ancillary Assets means sovereign debt in the currency of denomination of the ETP Securities with an original maturity of less than one month which is rated at least A-1 by Standard & Poor's Ratings Services, and/or P-1 by Moody's Investors Service Ltd. and/or F1 by Fitch Ratings Limited.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • 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.