Shared Use Assets definition

Shared Use Assets shall not include (i) any software or other asset that is readily available to Federated in the market (such as “off the shelf” or non-proprietary software) or (ii) any asset of Alliance used exclusively in connection with the operation of the Business.
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Shared Use Assets means any assets used in both the Purchased Business and any other business of Sellers and their Affiliates and listed or described on Schedule 2.3(j).
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Shared Use Assets means those tangible elements of equipment which are either owned or leased by the Contractor, element(s) of which form part of the BBC System and element(s) of which comprise other elements of the Service Environment.
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Examples of Shared Use Assets in a sentence

  • Except as set forth in Schedule 4.12, the Purchased Assets constitute in all material respects the assets necessary for the conduct of the Purchased Business as conducted by Sellers during the 12 months prior to the date hereof, subject to the understanding that the Purchased Assets do not include master service agreements with customers, the Shared Use Assets, or all of the personnel and assets that provide administrative and similar support services for the Purchased Business.

  • Except for the Seller Shared Use Assets and subject to the Transition Services Agreement, the Purchased Assets constitute (i) all of the property and assets used by Seller exclusively for the conduct of the Biotest Therapy BU and (ii) all assets, rights and properties necessary for the conduct of the Biotest Therapy BU as the same is conducted on the date hereof in all material respects, consistent with the past practice of Seller with respect to the Biotest Therapy BU.

  • Notwithstanding anything in this Agreement to the contrary, and except as provided in Section 1.3, Buyer is not assuming and is not becoming responsible for (a) any Liability with respect to the Excluded Assets or the Shared Use Assets or (b) any Liability of Seller other than the Assumed Liabilities (collectively, the “Excluded Liabilities”).

  • Notwithstanding anything in this Agreement to the contrary, and except as provided in Section 1.1, the Acquired Assets shall not include the Excluded Assets or the Shared Use Assets, and Buyer shall in no way be construed as having purchased or acquired (or be obligated to purchase or acquire) any interest whatsoever in any such Excluded Assets or Shared Use Assets.

  • As part of the Disentanglement, upon the expiration or termination of this Agreement, EDS shall identify and assist Kellwood in procuring suitable functionally equivalent replacements for any Shared Resources or Shared Use Assets, such as hardware, software, networks or platforms then used by EDS, to provide the Services.

  • Provider will offer all baseline technology upgrades without an increase in charges to Investors; provided, however, that Investors will purchase or lease any necessary upgrades to Investors-Owned Equipment (and equipment used by Provider exclusively to provide the Services specified in Schedule X to Investors, hereinafter “Web Hosting Equipment”) and Provider will purchase or lease any necessary upgrades to Shared Use Assets and Provider Assets (except for the Web Hosting Equipment).

  • Schedule L lists all Shared Use Assets that Provider will be using to provide the Services at the completion of the Transition period.

  • Subject to Section 9 (Proprietary Rights) and Section 12 (Disentanglement), upon the expiration or termination of this Agreement, Provider shall identify and assist Investors in procuring (at Investors’ expense, except as otherwise provided in Section 9) suitable functionally equivalent replacements for any Shared Use Assets, such as hardware, software, networks or platforms then used by Provider, to facilitate a smooth transition of the Services back to Investors.

  • Seller and Buyer shall each have used reasonable efforts to split or segregate the Shared Use Assets pursuant to Section 6.7(d), and to split or segregate any other Purchased Assets to the extent necessary to the Excluded Business, if agreed by the Parties.


More Definitions of Shared Use Assets

Shared Use Assets has the meaning set forth in Section 6.9(a).
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Related to Shared Use Assets

  • Shared-use path means a bikeway that is physically separated from motorized vehicular traffic by

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Transition Property means the property right created by a financing order, including without

  • Mixed-use project means a project comprising both a qualified

  • Mixed use means land, buildings or structures used, or designed or intended for use, for a combination of non-residential and residential uses;

  • 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;

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

  • Customer Assets means the Customer’s infrastructure, data, software, materials, assets, equipment or other property owned by and/or licensed or leased to the Customer and which is or may be used in connection with the provision of the Goods and/or Services;

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • Resort Site means those parts of Burswood Island as are-

  • Shared vehicle driver means an individual who has been authorized to drive the

  • Shared vehicle means a vehicle that is available for

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

  • Public works project means the erection, construction, alteration, repair, or improvement of any public structure, building, road, or other public improvement of any kind.

  • 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.

  • Host Site means the site at which the Site Host Load is consumed, including real property, facilities and equipment owned or operated by the Site Host or its Related Entities located at such site.

  • contained use means any operation, undertaken within a facility, installation or other physical structure, which involves living modified organisms that are controlled by specific measures that effectively limit their contact with, and their impact on, the external environment;

  • Functionally dependent use means a use which cannot perform its intended purpose unless it is located or carried out in close proximity to water. The term includes only docking facilities, port facilities that are necessary for the loading and unloading of cargo or passengers, and ship building and ship repair facilities, but does not include long-term storage or related manufacturing facilities.

  • Separate Business means each of the activities of the Licensee connected

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

  • Cell Site means a transmitter/receiver location, operated by a CMRS provider, through which radio links are established between a wireless system and a Wireless Phone Handset.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • 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.

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • Customer Site means the site owned or leased by the Customer or any other site used to provide the Service, which is directly connected to a PoP managed by Liquid Telecom, as set out in the COF;