UK Purchased Assets definition

UK Purchased Assets means those Purchased Assets being sold by DSI Limited pursuant to this Agreement.
Sample 1Sample 2
UK Purchased Assets means all Assets of the U.K. Seller (including without limitation the Purchased Assets of the U.K. Seller) other than the Excluded Assets.
Sample 1Sample 2
UK Purchased Assets means those Purchased Assets being sold by DSI Limited pursuant to this Agreement. “VAT” means any value added Tax, goods and services Tax or similar Tax.
Sample 1

Examples of UK Purchased Assets in a sentence

  • The purchase and sale of the US Purchased Assets and the UK Purchased Assets and all other transactions provided in this Agreement shall be deemed to have occurred simultaneously and shall be effective at 11:59 p.m. (Eastern Time) on the Transfer Date, or at such other date or time as the Parties may mutually agree upon in writing.

  • UNOVA UK shall give Buyer UK a reasonable opportunity to comment on any relevant communication proposed to be sent to HM Revenue and Customs in this regard (making available any information and documents in its control required to establish to HM Revenue and Customs and any tribunal or court that no liability, or a reduced liability, arises on the Buyer UK or any other company under section 44 of VATA 1994 as a result of the sale of the UK Purchased Assets.

  • If such direction is refused by HM Revenue and Customs, then UNOVA UK shall within 10 business days after receipt of notification of such refusal (or, if later, Closing) deliver to Buyer UK the VAT business records relating to the UK Purchased Assets.

  • Notwithstanding the foregoing, DSI Limited will not be obligated to indemnify the Buyer Parties for any Losses that do not arise from the UK Business or the UK Purchased Assets.

  • If any UK VAT is payable on the sale of the UK Purchased Assets under this Agreement Buyer shall pay to Seller the amount of that UK VAT within 10 Business Days following delivery by Seller to Buyer of a UK VAT invoice in respect of it.

  • In furtherance of the foregoing; (i) Ceridian shall assume the Assumed Liabilities associated with the Company Purchased Assets; (ii) the Canadian Buyer shall assume the Assumed Liabilities associated with the Canadian Purchased Assets; and (iii) the U.K. Buyer shall assume the Assumed Liabilities associated with the U.K. Purchased Assets.

  • Any consideration in money or money’s worth due or which becomes due from Buyer to Seller under this Agreement in relation to the UK Purchased Assets is exclusive of any applicable UK value added tax (“UK VAT”).

  • Within six (6) months after the Transfer Date, Buyer US (on behalf of itself and the other Purchasing Entities) shall prepare and deliver to UNOVA an allocation of the Purchase Price and the Assumed Liabilities among the US Purchased Assets and the UK Purchased Assets sold to the Purchasing Entities in accordance with Section 1060 of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder (the “Section 1060 Allocation”).

  • Within six (6) months after the Transfer Date, Buyer US (on behalf of itself and the other Purchasing Entities) shall prepare and deliver to UNOVA an allocation of the Purchase Price and the Assumed Liabilities among the US Purchased Assets and the UK Purchased Assets sold to the Purchasing Entities in accordance with Section 1060 of the Internal Revenue Code of 1986, as amended (the “Code“), and the regulations thereunder (the “Section 1060 Allocation“).


More Definitions of UK Purchased Assets

UK Purchased Assets means any Purchased Assets, Assumed Liabilities or Transferred Employees purchased, assumed or hired from Sizmek UK by Purchaser or its designee which is a resident in the European Union for VAT purposes in the United Kingdom.
Sample 1
UK Purchased Assets means the Purchased Assets associated with the Business in the UK.
Sample 1

Related to UK Purchased Assets

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

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

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

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • 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.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Sold Assets has the meaning set forth in Section 2.01(b).

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

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

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

  • Purchased Interests has the meaning set forth in the Recitals.

  • Purchased Loan means each motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by the Originator from such Dealer and evidenced by a Purchased Loan Contract; provided, however, that the term “Purchased Loan” shall, for purposes of this Agreement, include only those Purchased Loans identified from time to time on Schedule A hereto.

  • Purchased Intellectual Property has the meaning set forth in Section 1.2(g).

  • Receivables Purchase Price means $1,375,000,017.71.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Purchased Student Loan means a Trust Student Loan which is, as of the close of business on the last, day of a Collection Period, purchased by the Servicer pursuant to Section 3.05 of the Servicing Agreement or repurchased by the Depositor pursuant to Section 6.01 of the Sale Agreement or purchased by the Sellers pursuant to Section 6.01 of the Purchase Agreements.

  • Subject Assets is defined in Section 2.2(c).

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as:

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

  • Excluded Assets has the meaning set forth in Section 2.02.