Specific Assets definition

Specific Assets means any tangible or intangible assets, such as, inter alia, customer and supplier contracts, equipment, drawings or intellectual property.

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Specific Assets has the meaning set forth in Section 2(a)(xi) above.

Specific Assets means those assets described in Section 3, to which one Surety has superior or priority rights over other Sureties.

Examples of Specific Assets in a sentence

• The purpose of this Deed is to consolidate the Specific Assets within T20 so as to allow T20 to list on the NASDAQ stock exchange.

• In connection with the New Financing and upon receipt by Lender of the sums described in Section 6(b) above and the New Financing Intercreditor Agreement, Lender will release its lien only against the Specific Assets.

• All Specific Assets shall be solely used for the purpose of this Agreement to manufacture the Product for the Client.

• The purpose of this Deed is to consolidate the Specific Assets within T20 or its assignees so as to allow T20 to list on the NASDAQ stock exchange.

• However, if Kemwell would like to use the Specific Assets for any other use, Kemwell will take prior approval of the Client and both Parties will mutually discuss and agree on the terms of use and payment terms.

• Upon termination or expiration of this Agreement, Kemwell shall at the expense of [***], disassemble, pack and, transfer such Specific Assets to Client within timelines as reasonably required by Client.

• Any equipment or facilities or machines or supporting infrastructure procured pursuant to such additional Product Capital Expenditure as per Section 3.4(b) shall also be construed as integral part of the Specific Assets along with equipment for manufacturing, supporting infrastructure [***] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.

• In addition, ▇▇▇▇▇▇▇ shall, as practicable, but in any event within thirty (30) Business Days (or such extended period mutually agreed to between the Parties in writing) of the expiration or effective date of termination, as the case may be, return to the Client or its nominee designated by the Client or, at the discretion of the Client, destroy, all the Client Material and Specific Assets in Kemwell’s possession.

• Intangible Assets ---------------------------------------------------- Local and Toll Free Phone Numbers Domain Names and Web Sites All Data Bases and Customer Lists Company Name, Nick Names, Logos, Trademarks Marketing Materials & Supplies Specific Assets of Internet Business Consulting, Inc.

• The Client shall be responsible for securing and maintaining insurance for the Specific Assets against theft, fire, flood and similar causes that are likely to damage or cause a loss of Specific Assets.

More Definitions of Specific Assets

Specific Assets of any Selling Party means the Assets which such Selling Party directly or indirectly owns or to which it is directly or indirectly entitled.

Specific Assets means the specific assets provided by Purchaser to Seller in the form of consideration payment, as more particularly described in Schedule A (List of Specific Assets) attached hereto.