Rights and Other Property definition

Rights and Other Property means all of the Company’s and any of its Subsidiaries’ assets not included in the Accounts Receivable, Cash, Equipment, inventory, Leasehold Improvements and Fixtures and Prepaid Items, including, without limitation, all of the following: rights of offset, bank and mutual fund accounts, safe deposit boxes, credits, Claims against Third Parties for refunds, causes of action, judgments, proceeds of insurance in respect of damage to or destruction or loss of assets, going concern value, goodwill, rights in the name “Summit Global Partners, Inc.” or any variation thereof, contract rights, warranties and licenses received from manufacturers and sellers of Equipment and inventory, vendor and customer records, franchises, licenses, permits, consents, approvals, certificates of public convenience, waivers and authorizations for the operation of the Business, including, without limitation, those, if any, relating to the importation and exportation of products and materials, technical information, telephone numbers, Internet websites, e-mail addresses and other electronic communication systems.
Sample 1
Rights and Other Property means all of Seller's assets arising ------------------------- from or used in connection with the Business, other than the Excluded Assets, not included in the Accounts Receivable, Cash, Equipment, Intellectual Property and Information, Inventory, Leasehold Improvements and Fixtures, Prepaid Items and Real Property which are used in the Business, including, without limitation, all of the following which relate to the Business: Seller's rights under the agreements identified in Section 2.3 hereof, executed originals of such agreements (if available in the files of or otherwise reasonably available to Seller), rights of offset, credits, claims against third parties for refunds in respect of the Business or the Purchased Assets, causes of action, judgments, proceeds of insurance in respect of damage to or destruction of loss of assets included within the Business or the Purchased Assets, going concern value, goodwill, rights in the name "Pacific Title and Art Studio," "Pacific Title and Arts" or any variation thereof (subject to Section 13.7 hereof), contract rights, purchase orders, sales orders, warranties and licenses received from manufacturers and sellers of Equipment and Inventory, vendor and customer records, shipping records, franchises, licenses, permits, consents, approvals, certificates of public convenience, waivers and authorizations for the operation of the Business, (to the extent assignable), technical information, telephone numbers, rights, files, books and records (whether in hard copy or magnetic form), sales and product brochures and catalogs and other sales literature and materials, in each case to the extent on hand or obtainable with reasonable commercial effort.
Sample 1
Rights and Other Property means, collectively, all of Seller's assets not included in the Accounts Receivable, Cash, Equipment, Intellectual Property and Information, Leasehold Improvements and Fixtures, and Prepaid Items (used or useful in carrying out the Business).
Sample 1

Examples of Rights and Other Property in a sentence

  • Copyrights, Patent Rights and Other Property Rights(1) The Customer shall, to the extent of due diligence usual in his industry, be obliged to ensure that the services ordered by him may be executed without infringing copyrights, patent rights or other property rights (hereinafter the "Property Rights") of any third persons.

  • The Borrower shall maintain good, legal and valid title to (or, in the case of any leased premises, easement properties or licensed property, valid leasehold, easement or license interests in) all real and personal property (including Project Property) and all rights, tangible or intangible (including Intellectual Property Rights and Other Property Rights) necessary for the construction, development and operation of the Project, subject to Permitted Liens.


More Definitions of Rights and Other Property

Rights and Other Property means all of the Company's and Omni-Tech's assets (other than Cash) not included in the Accounts Receivable, Equipment, Intellectual Property and Information, Inventory, Leasehold Improvements and Fixtures and Prepaid Items, including, without limitation, all of the following: rights of offset, bank and mutual fund accounts, safe deposit boxes, credits, claims against third parties for refunds, causes of action, judgments, proceeds of insurance in respect of damage to or destruction or loss of assets, going concern value, goodwill, contract rights, warranties and licenses received from manufacturers and sellers of Equipment, vendor and customer records, franchises, licenses, permits, consents, approvals, certificates of public convenience, waivers and authorizations for the operation of the Business.
Sample 1

Related to Rights and Other Property

  • Permitted Other Indebtedness means subordinated or senior Indebtedness (which Indebtedness may (x) be unsecured, (y) have the same lien priority as the Obligations or (z) be secured by a Lien ranking junior to the Lien securing the Obligations), in each case issued or incurred by the Borrower or a Guarantor, (a) the terms of which do not provide for any scheduled repayment, mandatory repayment or redemption or sinking fund obligations prior to, at the time of incurrence, the Final Maturity Date (or to the extent such Permitted Other Indebtedness is being utilized to refinance Indebtedness, the latest maturity date of the Indebtedness being so refinanced) (other than, in each case, customary offers to repurchase upon a change of control, asset sale or casualty or condemnation event and customary acceleration rights after an event of default), (b) the covenants, events of default, guarantees, collateral and other terms of which (other than fees, pricing and redemption or prepayment premiums), taken as a whole, are not more restrictive to the Borrower and the Restricted Subsidiaries than those herein (or to the extent such Permitted Other Indebtedness is being utilized to refinance Indebtedness, those set forth in the Indebtedness being so refinanced); provided that a certificate of an Authorized Officer of the Borrower delivered to the Administrative Agent at least five Business Days (or such shorter period as the Administrative Agent may reasonably agree) prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Borrower within two Business Days after receipt of such certificate that it disagrees with such determination (including a reasonable description of the basis upon which it disagrees), (c) of which no Subsidiary of the Borrower (other than a Guarantor) is an obligor and (d) that, if secured, are not secured by any assets other than the Collateral.

  • Permitted Other Debt Conditions means that such applicable debt (i) does not mature or have scheduled amortization payments of principal or payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligations (except customary asset sale or change of control provisions that provide for the prior repayment in full of the Loans and all other Obligations), in each case on or prior to the Latest Maturity Date at the time such Indebtedness is incurred, (ii) is not at any time guaranteed by any Subsidiaries other than Subsidiaries that are Guarantors, and (iii) to the extent secured, the security agreements relating to such Indebtedness are substantially the same as or more favorable to the Loan Parties than the Collateral Documents (with such differences as are reasonably satisfactory to the Administrative Agent).

  • Privileges means exclusive privileges as set out in the E-Privilege which may be, from time to time, updated or amended by the Company;

  • Right of Others means, as to any Property in which a Person has an interest, any legal or equitable right, title or other interest (other than a Lien) held by any other Person in that Property, and any option or right held by any other Person to acquire any such right, title or other interest in that Property, including any option or right to acquire a Lien; provided, however, that (a) no covenant restricting the use or disposition of Property of such Person contained in any Contractual Obligation of such Person and (b) no provision contained in a contract creating a right of payment or performance in favor of a Person that conditions, limits, restricts, diminishes, transfers or terminates such right shall be deemed to constitute a Right of Others.

  • Rights means, with respect to any Person, warrants, options, rights, convertible securities and other arrangements or commitments which obligate the Person to issue or dispose of any of its capital stock or other ownership interests.

  • Security Interests means the security interests in the Collateral granted hereunder securing the Secured Obligations.

  • Other Property shall have the meaning set forth in Section 4.4.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Self-sufficiency means, in relation to any Year, that the volume of Crude Oil and Crude Oil equivalent of Petroleum products exported from India during that Year either equals or exceeds the volume of Crude Oil and Crude Oil equivalent of Petroleum products imported into India during the same Year, as determined by Government.

  • Access Rights means licences and user rights to foreground or background;

  • Liens means a lien, charge, pledge, security interest, encumbrance, right of first refusal, preemptive right or other restriction.

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Permitted Security Interests means (i) any Security Interest for taxes, assessments or governmental charges or levies which relate to obligations not yet due and delinquent, (ii) easements, servitudes, encroachments and other minor imperfections of title which do not, individually or in the aggregate, detract from the value of or impair the use or marketability of any real property, and (iii) undetermined or inchoate Security Interests arising or potentially arising under statutory provisions which have not at the relevant time been filed or registered in accordance with applicable laws or of which written notice has not been given in accordance with applicable laws;

  • Other Common means any other Capital Stock of the Issuer of any class which shall be authorized at any time after the date of this Warrant (other than Common Stock) and which shall have the right to participate in the distribution of earnings and assets of the Issuer without limitation as to amount.

  • Other Collateral means any additional collateral that Lender customarily would require as security for loan facilities on its own account and risk where the permitted borrowing level is based principally on a borrowing base derived from a borrower’s inventory and accounts receivable, but where such additional collateral does not enter into the borrowing base calculation.

  • Permitted Right of Others means a Right of Others consisting of (a) an interest (other than a legal or equitable co-ownership interest, an option or right to acquire a legal or equitable co-ownership interest and any interest of a ground lessor under a ground lease), that does not materially impair the fair market value or use of Property for the purposes for which it is or may reasonably be expected to be held, (b) an option or right to acquire a Lien that would be a Permitted Encumbrance, (c) the subordination of a lease or sublease in favor of a financing entity and (d) a license, or similar right, of or to Intangible Assets granted in the ordinary course of business.

  • the other party means, with respect to the Company, Parent and means, with respect to Parent, the Company.

  • Security Interest means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money.

  • hereunder and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision.

  • Prior Liens means Liens which, pursuant to the provisions of any Security Document, are or may be superior to the Lien of such Security Document.

  • Collateral has the meaning set forth in Section 2.

  • Facilities means any and all real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Company or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Related Property means a parcel of real property, together with improvements thereon and personal property related thereto, that is “related” within the meaning of the definition of Significant Obligor, to the Property.

  • Permitted Liens means, with respect to any Person:

  • Other Agents means, collectively, the Co-Syndication Agents and the Co-Documentation Agents.