Spinout Assets definition

Spinout Assets means all direct and indirect right, title and interest of CME in and to the La Chesnaye Lake exploration project, and all business, corporate, legal and accounting books, records and documents used in the conduct of the foregoing properties and related undertakings;

Spinout Assets means the Transferred Assets (as defined in the Spinout Preparation Agreement).

Spinout Assets means those oil and gas interests in the Mackenzie Delta and Mackenzie Valley areas in northern Canada currently held by Paramount as more particularly described in Appendix D hereto;

Examples of Spinout Assets in a sentence

• Asset Subsidiary any Subsidiary which forms part of the Spinout Assets.

• Effective April 5, 2023, Nextech, the Issuer and FinanceCo entered into the Arrangement Agreement pursuant to which they are proposing to effect the Arrangement whereby Nextech and its shareholders will be issued Spinco Shares in connection with the transfer to the Issuer of: (a) the Spinout Assets; and (b) the Spinout Liabilities.

• The asset purchase and assumption of liabilities agreement to effect the transfer of Spinout Assets and Spinout Liabilities to Spinco hereunder will become effective as of the Effective Date.

• To that end, Origen entered into various agreements with Explorex for the acquisition of the Spinout Assets, including the Arrangement Agreement (see in this Listing Statement, “Introduction– Structure of Transaction” and “Narrative Description of Origen’s Business– General – Business of Exploration”).

• The transfer of the Spin-out Assets and Liabilities will not give rise to tax under the United States Foreign Investment in Real Property Tax Act or to any obligation to withhold and remit any such tax under Section 1445 of the United States Internal Revenue Code.

More Definitions of Spinout Assets

Spinout Assets means the assets purchased by Fission Spinco pursuant to the Asset Purchase Agreement.

Spinout Assets means all right, title and interest in and to all direct and indirect assets of Nextech utilized in connection with the creation of the AR enhanced standalone web application Toggle3D which enables the creation, customization and publishing of high-quality 3D models and experiences, and all business, corporate, legal and accounting books, records and documents used in connection with the foregoing and related undertakings;

Spinout Assets means the oil and gas properties and assets which will become indirectly owned by the Trust pursuant to the Trust Spinout, as more particularly described in Appendix F hereto;

Spinout Assets means all right, title and interest in and to all direct and indirect assets of Nextech utilized in connection with the creation of the AR enhanced standalone web application Toggle3D which enables the creation, customization and publishing of high-quality 3D models and experiences, and all business, corporate, legal and accounting books, records and documents used in connection with the foregoing and related undertakings.

Spinout Assets means the Lac La Chesnaye Property and all business, corporate, legal and accounting books, records and documents related to the Lac La Chesnaye Property.

Spinout Assets means the Peruvian Subsidiaries, Auryn’s Adjusted Closing Date Cash and any other Peruvian Property rights or assets that may be held by Auryn.

Spinout Assets means all of the equity interests of Inpixon Ltd, a United Kingdom limited company.