RTP Assets definition

RTP Assets means, collectively, all of RTP’s right, title and interest in and to the following, less and except the Excluded Assets:
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Examples of RTP Assets in a sentence

  • Neither Seller nor its Affiliates will retain any interest in the Hydrocarbon production with respect to the RTP Assets (e.g., through retention of a royalty, net profits, or similar interest).

  • All Property Taxes with respect to the ownership or operation of the RTP Assets or the EAOC Assets, as applicable, arising on or after the Effective Time (including all Straddle Period Property Taxes not apportioned to RTP or EAOC, as applicable) shall be allocated to and borne by Buyer.

  • While Buyer acknowledges that it desires to succeed RPC as operator of those RTP Assets or portions thereof that RPC may presently operate, Buyer acknowledges and agrees that Seller cannot and does not covenant or warrant that Buyer shall become successor operator of the same since the RTP Assets or portions thereof may be subject to operating or other agreements that control the appointment of a successor operator.

  • On or before the Closing Date, Buyer shall obtain replacements for the bonds, letters of credit and guarantees set forth on Schedule 4.24, to the extent such replacements are necessary for Buyer’s ownership of the RTP Assets as of the Closing Date, and provide Seller evidence of same.

  • Seller desires to sell and assign, and Buyer desires to purchase and pay for (a) the RTP Assets (as hereinafter defined) and (b) RONM Assets (as hereinafter defined).

  • On the Closing Date, to the Seller’s Knowledge, the Seller will have all licenses, orders, franchises, registrations and permits of all Governmental Authorities required to permit the operation of the RTP Assets as presently operated by the Seller (the “Permits”) and each will be in full force and effect and will have been duly and validly issued, except where the absence of which, singly or in the aggregate, would not have a Material Adverse Effect.

  • There shall be a single arbitrator, who shall be an environmental attorney with at least 10 years of experience in environmental matters involving oil and gas producing properties in the regional area in which the affected RTP Assets are located, as selected by mutual agreement of Buyer and Seller within 15 days after the end of the Environmental Cure Period (the “Environmental Arbitrator”).

  • It says nothing about the significance of the risk posed by each of the banned HFCs.Without analyzing the significance of the risk, EPA cannot know whether it is demanding more than Section 612 requires.

  • Seller and Buyer agree that the portion of the consideration attributable to the RTP Assets and the Assumed Obligations with respect to the RTP Assets and other amounts treated for Tax purposes as consideration (to the extent shown at such time) (collectively, the “Allocable Amount”) shall be allocated among the various RTP Assets for Tax purposes and such allocation shall be made among exchange groups and residual groups within the meaning of Treasury Regulation 1.1031(j)-1(b).

  • Subject to the foregoing, to the Seller’s Knowledge, no material expenses (including bills for labor, materials and supplies used or furnished for use in connection with the RTP Assets, royalties, overriding royalties and other burdens on production and amounts payable to co-owners of the RTP Assets) are owed and delinquent in payment by any Seller that relate to the ownership or operation of the RTP Assets.

Related to RTP Assets

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

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

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned or represented by any Partnership Interest.

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

  • Subject Assets is defined in Section 2.2(c).

  • REMIC I Assets All of the Mortgage Pool Assets.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

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

  • Gross Assets means the total of fixed assets and current assets;

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Fixed Assets means Equipment and Real Estate.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

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

  • REMIC II Assets The REMIC I Regular Interests.

  • 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.

  • 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.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Contributed Interests has the meaning set forth in the recitals to this Agreement.