Transferred Asset definition

Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

Transferred Asset means an asset transferred to ABAL under this Act;

Transferred Asset means an asset transferred to BSAL (and not re-transferred to SBSA or an SBSA subsidiary) under this Act or a corresponding law;

Examples of Transferred Asset in a sentence

• The obligors or agents on the Transferred Asset were or will be notified of the transfer of the Transferred Asset to the Purchaser to the extent required under the applicable underlying instruments.

• Except with respect to the representations, warranties and covenants expressly stated in this Agreement, the Seller assigns each Transferred Asset “as is,” and makes no covenants, representations or warranties regarding the Transferred Assets.

• Upon the occurrence of the Closing, any condition set forth in this Article V that was not satisfied as of the Closing shall be deemed to have been waived as of the Closing for the applicable Transferred Asset.

• If a required consent is not obtained prior to the Closing with respect to any such Transferred Asset, the Sellers (assisted by the Buyer upon reasonable request) will (and will cause their applicable Affiliates to) continue (for a period not to exceed six (6) months) to use commercially reasonable efforts to obtain such consent as promptly as practicable after the Closing.

• Notwithstanding anything in this Agreement to the contrary, at any time prior to the Closing, any Seller may transfer any Transferred Asset to a single purpose entity that is directly or indirectly wholly owned by such Seller or one of its Affiliates, and such single purpose entity shall be deemed a “Seller” for all purposes under this Agreement and the Closing Documents, as applicable.

More Definitions of Transferred Asset

Transferred Asset means each Eligible Asset transferred to and received by Insurer by the Cut-Off Time on the Closing Date. Until valid title to an Eligible Asset has transferred to Insurer, such asset is not a Transferred Asset.

Transferred Asset means an asset transferred by a transfer order, sale/lease agreement or special order;

Transferred Asset means an asset transferred under this schedule; "transferred liability" means a liability transferred under this schedule.Ministerial directions relating to transfers2. The Minister may give directions to an electricity corporation requiring it to carry out work directed towards the transfer of assets and liabilities between the corporation and another electricity corporation or proposed electricity corporation. Territorial application of schedule3. (1) This schedule applies both within and outside the State. (2) This schedule applies outside the State to the full extent of the extra-territorial legislative power of the State. PART B—TRANSFER OF ASSETS AND LIABILITIES Transfer of assets and liabilities to electricity corporation4. (1) The Minister may, by order in writing, transfer assets or liabilities (or both) between electricity corporations. (2) An order under this clause may be varied or revoked by the Minister by further order in writing made before the order takes effect. (3) An order may not be made under this clause transferring assets or liabilities (or both) to or from an electricity generation corporation or an electricity transmission corporation established under Part 3 or 4 more than 12 months after the establishment of the corporation (other than an order effecting a transfer between such a corporation and a subsidiary of the corporation). (4) A transfer of an asset or liability under this clause operates by force of this schedule and despite the provisions of any other law or instrument. (5) A transfer of a liability under this clause operates to discharge the transferor from the liability. Conditions of transfer5. (1) The Minister may, by order in writing, fix the conditions on which assets or liabilities are transferred to an electricity corporation under this schedule. (2) An order under this clause may be varied or revoked by the Minister by further order in writing. (3) The conditions of transfer may, for example, do one or more of the following:

Transferred Asset means the assets of Bakery which Xinjiang United Family has the right to require Operator to transfer to it or its designated entity or individual when Xinjiang United Family exercises its Transferred Asset Option in accordance with Article 3 herein, the amount of which may be all or part of Bakery’s assets and liabilities and the details of which shall be determined by Xinjiang United Family at its sole discretion in accordance with the then valid PRC Law and from its commercial consideration.

Transferred Asset means any Receivable Asset which is Purchased or purported to be Purchased by the Purchaser pursuant to Article II.

Transferred Asset means an interest of the person in an asset (whether a cash asset or a relevant asset) which has been transferred at any time in the period of 5 years prior to the date on which an application for State support is first made by or on behalf of that person which transfer is made—

Transferred Asset means the balance of a dormant asset which has been transferred to the Fund under this Act.(2) In this Act, and without limiting the definition in the Bankruptcy Code 1892, references to bankruptcy include —