SFC Assets definition

SFC Assets means all of SFC’s right, title and interest in and to all of SFC’s properties, assets and rights of every kind and description (including all restricted and unrestricted cash, contracts, real property, receivables or other debts owed to SFC, Intellectual Property, SFC’s corporate name and all related marks, all of SFC’s ownership interests in the Subsidiaries (including all of the shares of the Direct Subsidiaries and any other Subsidiaries that are directly owned by SFC immediately prior to the Effective Time), all of SFC’s ownership interest in Greenheart and its subsidiaries, all SFC Intercompany Claims, any entitlement of SFC to any insurance proceeds and a right to the Remaining Post-Implementation Reserve Amount), other than the Excluded SFC Assets.
SFC Assets is defined in the definition of Acquired Assets.

Examples of SFC Assets in a sentence

  • The obligation of such Persons to repay the remaining amounts of any monetary retainers (including the unused portions of any Permitted Continuing Retainers) and all cash received therefrom shall constitute SFC Assets.

  • Any Encumbrances or claims affecting, attaching to or relating to the SFC Assets in respect of the foregoing shall be deemed to be irrevocably expunged and discharged as against the SFC Assets, and no such Encumbrances or claims shall be pursued or enforceable as against Newco or Newco II.

  • Newco shall be deemed to assign, transfer and convey to Newco II all of Newco’s right, title and interest in and to all of its properties, assets and rights of every kind and description (namely the SFC Assets acquired by Newco pursuant to the Plan) for a purchase price equal to the fair market value thereof and, in consideration therefor, Newco II shall be deemed to pay to Newco consideration equal to the fair market value of such properties, assets and rights (the “ Newco II Consideration”).

  • In accordance with the Plan, any remaining unused Permitted Continuing Retainer amounts (these amounts were originally paid to certain professionals for ongoing work after Plan implementation) are SFC Assets.

  • Also no reference had been made to the logical framework which had been part of the original document.

  • There is no litigation or proceeding pending, or to SFC's knowledge threatened, against or relating to SFC, its properties or businesses which could or does affect the ownership of the SFC Assets, the ability of SFC to transfer the SFC Assets free and clear of all claims, liens and encumbrances (with the consent of MCC) or the operation of the business of SFC.

  • Professor Tim Woo, Professor Albert Wong (Electronic and Computer Engineering) and their research teams collaborated with the Hong Kong Society for the Deaf (through support from the Hong Kong Government’s OGCIO) to develop mobile applications for linguistic training.

  • SFC will use its best efforts to maintain and preserve the business, organization, employee relationships, and goodwill of SFC intact, will pay all debts as they come due, will maintain the SFC Assets free and clear of all liens, claims and encumbrances other than the secured position of MCC, and SFC will not enter into any material commitment except in the ordinary course of its business on prior notice to CGI and Precom.

  • If the election of Precom provided for herein is exercised by Precom, then all of the shares of Precom issued pursuant to this Agreement, including but not limited to the Precom Stock and the Preferred Stock transferred to SFC by CGI or issued to SFC by Precom, shall be cancelled in exchange for the SFC Assets acquired by Precom from SFC, as provided herein, resulting in a transfer of the SFC Assets back to SFC.

  • However, this methodological philosophy has been challenged (e.g., Sen (1972) and (1986)); perhaps economists should not be too critical of using survey data in this instance, as self-reported data from unemployment and census surveys are typically used for mainstream economic analysis.

Related to SFC Assets

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

  • 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;

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

  • 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.

  • 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.

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

  • 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.

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

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

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

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • 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.

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

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

  • Fixed Assets means the Equipment and Real Estate of the Borrower.

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

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • Assets includes present and future properties, revenues and rights of every description;

  • IT Assets means Software, systems, servers, computers, hardware, firmware, middleware, networks, data communications lines, routers, hubs, switches and all other information technology equipment, and all associated documentation, in each case, used or held for use in the operation of the Business.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Program Assets means any assets, goods or property (real, tangible or intangible) purchased or financed in whole or in part (directly or indirectly) by MCC Funding.