Sterling Assets definition

Sterling Assets means assets of the Borrower or any Restricted Subsidiary subject to the Sterling Terminaling Agreement.
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Sterling Assets has the meaning set forth in Section 3.01(a).
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Sterling Assets means the loans and securities held by the Issuer from time to time which are denominated in Sterling;
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Examples of Sterling Assets in a sentence

  • The Closing Date Balance Sheet shall be prepared in a manner that is consistent with the balance sheets included in the Financial Statements described in Section 4.04(a) hereof; provided, however, that the parties acknowledge and agree that the Closing Date Balance Sheet shall reflect on a pro forma basis the inclusion of the Sterling Assets which are to be transferred to ESII in accordance with the provisions of Section 3.01.

  • Schedule 4.08 contains a complete list of all material Permits held by or issued in favor of the Company as of the Agreement Date, and a list of all material Permits, including, for this purpose, any Permits relating to the use and operation of the Sterling Assets which are to be transferred to the Company on or before the Closing Date.

  • On or before the Closing Date, Seller covenants and agrees to cause to be contributed to the Company certain assets and liabilities (including, without limitation, that certain Contract, effective as of January 1, 1999, between Conversion Systems, Inc., Seller's affiliate ("CSI"), and Northwestern Steel and Wire Company (the "Sterling Contract")), relating to the on-site waste processing facility constructed by CSI at Northwestern Steel and Wire's Sterling, Illinois steel plant (the "Sterling Assets").

  • Set forth on Schedule 3.01(a) is a list of the Sterling Assets, all of which shall be transferred to and shall be the sole and exclusive property of ESII on the Closing Date.

  • The parties acknowledge and agree that Purchaser is assuming no liabilities associated with the Sterling Assets arising prior to the Closing Date other than those specifically set forth on Schedule 3.01(a).


More Definitions of Sterling Assets

Sterling Assets means assets of the Borrower or any Restricted Subsidiary subject to the Sterling Terminaling Agreement. “Sterling Terminaling Agreement” means that certain Crude Oil Terminaling Agreement dated effective as of March 24, 2011
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Sterling Assets means assets of the Borrower or any Restricted Subsidiary subject to theSterling Terminaling Agreement.
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Sterling Assets has the meaning assigned to such term in the Second Amendment.
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Related to Sterling Assets

  • 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.

  • Aggregated Assets for a particular Strategy shall mean the assets of all registered investment companies managed by the Adviser that are managed by the Sub-Adviser pursuant to that Strategy, including Portfolio Assets.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Specified Assets the following property and assets of such Grantor:

  • Risk Weighted Assets means the risk weighted assets or total risk exposure amount, as calculated by the Company in accordance with the Capital Regulations applicable to the Regulatory Group as at that point in time.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Total Consolidated Assets means, at any time, the total assets appearing on the most recently prepared consolidated balance sheet of the Company and its Consolidated Subsidiaries as of the end of the most recent fiscal quarter of the Company and its Consolidated Subsidiaries for which such balance sheet is available, prepared in accordance with GAAP.

  • Reference Assets means the underlying interest contained in the Reference Portfolio, and “Reference Asset” means each of the Reference Assets.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Gross Assets means the total of fixed assets and current assets;

  • Average Invested Assets means, for a specified period, the average of the aggregate book value of the assets of the Company invested, directly or indirectly, in Properties, Loans and other Permitted Investments secured by real estate before reserves for depreciation or bad debts or other similar non-cash reserves, computed by taking the average of such values at the end of each month during such period.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Aggregate Assets means the value of the Sub-Advised Assets and the Other Accounts on the Valuation Date during the applicable calendar month. The values for the Sub-Advised Assets and Other Accounts shall be as reported by the applicable custodian and fund administrator.

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Invested Assets means cash, Cash Equivalents, short term investments, investments held for sale and any other assets which are treated as investments under GAAP.

  • Current Assets means, as of any applicable date, all amounts that should, in accordance with GAAP, be included as current assets on the consolidated balance sheet of Borrower and its Subsidiaries as at such date.

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Total Tangible Assets means, as of any date, (a) the aggregate amount of the assets (other than intangible assets, goodwill and deferred tax assets) of the Group, as disclosed on the consolidated statement of financial position in the most recent Accounts of the Group, minus (b) the lesser of (i) the aggregate value of all Project Assets subject to any Lien securing any Limited Recourse Indebtedness and (ii) the aggregate principal amount of Limited Recourse Indebtedness, in each case, as reflected in (or derived from) the most recent Accounts of the Group, plus (c) the net cash proceeds received by the Parent Guarantor from any share capital issuance by the Parent Guarantor consummated after the date of the most recent balance sheet included in such Accounts and on or prior to such date.