Spinco Assigned Properties definition

Spinco Assigned Properties shall have the meaning set forth in the Real Estate Matters Agreement. “Spinco Backstop Credit Support Instrument” shall have the meaning set forth in in Section 1.10(c). “Spinco Business” means, as conducted and existed at any time prior to or as of the Distribution Effective Time, (a) the Global Gaming business of the Remainco Group, which entails (i) the design, development, assembly and provision of cabinets, games, systems and software in regulated land-based gaming markets (including amusement with prize (AWP), interactive video terminal (IVT) and video lottery terminal (VLT) cabinets, games, systems and software) by the Remainco Group, (ii) the provision of game content set forth in the foregoing clause (i) for the creation and distribution by the Remainco Group of social casino content to social casino operators and (iii) the design, development and provision of payment products and services and related functionality to customers of the businesses described in clauses (i) and (ii), which Global Gaming business is currently operated through Remainco’s Global Gaming segment and as of December 31, 2022 was as described in Remainco’s Form 20-F and (b) the PlayDigital business of Remainco, which entails (i) the design and distribution of products by the Remainco Group in certain digital gaming markets under the Remainco Group’s PlayCasino brand, (ii) the design, assembly and distribution of sports betting products and the provision of sports betting technology and management services by the Remainco Group in certain sports betting markets under Remainco Group’s PlaySports brands, and (iii) the provision of market-tested proprietary digital content, advanced game aggregation capabilities, scalable promotional tools, analytics and creative talent by the Remainco Group under the Remainco Group’s iSoftBet brands, which PlayDigital business
Sample 1Sample 2
Spinco Assigned Properties means each of the properties identified on Schedule 1 attached hereto. “Spinco Business” shall have the meaning set forth in the Separation Agreement. “Spinco Contribution” shall have the meaning set forth in the Separation Agreement. “Spinco Employee” shall have the meaning set forth in the Separation Agreement. “Spinco Group” shall have the meaning set forth in the Separation Agreement. “Spinco Properties” means each of the properties identified on Schedule 4 attached hereto. “Spinco Unit Transfer” shall have the meaning set forth in the Recitals. “Spinco Units” shall have the meaning set forth in the Merger Agreement. “Subleased Property” means each of the properties identified on Schedule 5 attached hereto. “Subsidiary” shall have the meaning set forth in the Separation Agreement. “Third Party” shall have the meaning set forth in the Merger Agreement. “Transaction Documents” shall have the meaning set forth in the Separation Agreement.
Sample 1Sample 2
Spinco Assigned Properties means each of the properties identified on Schedule 1 attached hereto.
Sample 1

Examples of Spinco Assigned Properties in a sentence

  • Remainco shall cause the applicable Asset Transferors to assign, and Spinco shall cause the applicable Spinco Asset Transferees to accept the assignment of and assume, the respective Asset Transferor’s interest in the Leases of the Spinco Assigned Properties, subject to the other provisions of this Agreement and the terms of the Separation Agreement.


More Definitions of Spinco Assigned Properties

Spinco Assigned Properties shall have the meaning set forth in the Real Estate Matters Agreement.
Sample 1

Related to Spinco Assigned Properties

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Assumed Obligations has the meaning specified in Section 2.2.

  • SpinCo Assets shall have the meaning set forth in Section 2.2(a).

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Shared Contracts has the meaning specified in Section 4.12(b).

  • Transferred Permits has the meaning set forth in Section 1.1(b).

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

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

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

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

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned, licensed or leased by such Person, including cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Transferred Subsidiaries shall have the meaning set forth in the Recitals.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Assumed Liabilities has the meaning set forth in Section 2.3.