Specified Assets definition

Specified Assets the following property and assets of such Grantor:
Specified Assets has the meaning set forth in Section 1.1.
Specified Assets means non-core assets having an aggregate fair market value (as determined in good faith by the Parent Borrower) that is not in excess of $150,000,000.

Examples of Specified Assets in a sentence

  • Subject to the provisions of this Article 4 and the other terms and conditions of this Agreement and the exceptions and matters set forth on the Disclosure Schedules, each Seller Entity jointly and severally represents and warrants to Purchaser on the Execution Date the matters set out in this Article 4; provided, however, that Seller makes no representations or warranties as to the Specified Assets or any Specified Acquisition.


More Definitions of Specified Assets

Specified Assets as defined in subsection 4.2.2(b).
Specified Assets means assets used in the operation of the NCR Stations.
Specified Assets has the meaning specified in Section 4.1(a).
Specified Assets means (a) the Ground Transportation Assets, (b) the real property of AvtechTyee, Inc. in Seattle, Washington and the real property of Xxxxxxxxx LLC in Pinellas Park, Florida and (c) in connection with any Permitted Acquisition, a portion of the assets so acquired that may be identified in an Officers’ Certificate delivered to the Agent at the time of such Permitted Acquisition or promptly thereafter as “Specified Assets”; provided that the Borrower will not so identify any such assets unless, at the time thereof, the Borrower intends to dispose of such assets reasonably promptly following such Permitted Acquisition.
Specified Assets means, collectively, (a) letter of credit rights (other than to the extent the security interest in such letter of credit rights may be perfected by the filing of UCC financing statements) with a value of less than $2,500,000, (b) commercial tort claims with a value of less than $2,500,000 and (c) such assets as to which the Administrative Agent and the Borrower reasonably agree that the cost of obtaining such a security interest therein or perfection thereof are excessive in relation to the benefit to the Secured Parties of the security to be afforded thereby.
Specified Assets means the Purchased Receivables, the Contributed Receivables and the Related Assets.
Specified Assets means the following assets of the Borrower and its Subsidiaries, whether tangible or intangible, or real, personal or mixed: