General Assets shall have the meaning given it in Section 3.6(a) hereof;
Physical Assets means equity securities, debt securities, fixed income securities and units in exchanged traded funds.
Initial Assets is defined in Section 2.1 of the Sale and Servicing Agreement.]
Additional Assets means (1) any property, plant or equipment used in a Related Business; (2) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary; or (3) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clause (2) or (3) above is primarily engaged in a Related Business.
financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;
Receivables and Related Assets means any account receivable (whether now existing or arising thereafter) of the Company or any Restricted Subsidiary of the Company, and any assets related thereto including all collateral securing such accounts receivable, all contracts and contract rights and all Guarantees or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other assets which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transaction involving accounts receivable.
Receivables Related Assets means: (1) any rights arising under the documentation governing or relating to Receivables (including rights in respect of Liens securing such Receivables and other credit support in respect of such Receivables); (2) any proceeds of such Receivables and any lockboxes or accounts in which such proceeds are deposited; (3) spread accounts and other similar accounts (and any amounts on deposit therein) established in connection with a Qualified Receivables Transaction; (4) any warranty, indemnity, dilution and other intercompany claim arising out of Receivables Documents; and (5) other assets which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving accounts receivable.
Material Assets means with respect to any Person all Material interests in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.
Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.
Financial Asset means, as the context requires, either the asset itself or the means by which a person's claim to it is evidenced, including a Security, a security certificate, or a Securities Entitlement. "Financial Asset" includes any Global Assets but does not include cash.
Other Assets means any assets (or interests therein) (other than the Trust Estate) conveyed or purported to be conveyed by the Seller to another Person or Persons other than the Issuer, whether by way of a sale, capital contribution or by virtue of the granting of a lien.
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.
Security Assets means any asset which is the subject of a Security Interest created by a Security Document.
Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.
Capital Assets means, with respect to any person, all equipment, fixed assets and Real Property or improvements of such person, or replacements or substitutions therefor or additions thereto, that, in accordance with GAAP, have been or should be reflected as additions to property, plant or equipment on the balance sheet of such person.
Material Asset means any asset which has a book value of RMB100,000 or more or has a material effect on the business operations of any Party.
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:
REO means a Mortgaged Property that is acquired by the Trust in foreclosure or by deed in lieu of foreclosure.
Pool Assets has the meaning set forth in Section 1.2(d) of the Agreement.
Regional asset limit means the maximum housing value in each housing region affordable to a four-person household with an income at 80 percent of the regional median as defined by duly adopted Regional Income Limits published annually by COAH or a successor entity.
Capital Asset means, with respect to the Borrower and its Subsidiaries, any asset that should, in accordance with GAAP, be classified and accounted for as a capital asset on a Consolidated balance sheet of the Borrower and its Subsidiaries.
Uninsured motor vehicle means a land motor vehicle or trailer of any type:
Total Assets as of any date means the sum of (i) the Undepreciated Real Estate Assets and (ii) all other assets of the Company and its Subsidiaries determined in accordance with GAAP (but excluding accounts receivable and intangibles).
Fixed Assets means any Asset which consists of land, buildings, plant and equipment acquired, developed, enhanced, constructed in connection with the Funded Activities; FOIA means the Freedom of Information Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning the legislation;
REO Property A Mortgaged Property acquired by the Trust Fund through foreclosure or deed-in-lieu of foreclosure in connection with a defaulted Mortgage Loan.
Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).
Certainly! It seems you're delving into legal and financial documentation, which involves a myriad of asset classifications and definitions. Let's break down each term and concept mentioned in the article:
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General Assets: These are assets referred to in Section 3.6(a) of the document, likely encompassing a broad range of assets without specific categorization.
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Physical Assets: These encompass various types of securities like equity, debt, fixed income securities, and units in exchanged traded funds.
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Initial Assets: Defined in Section 2.1 of the Sale and Servicing Agreement, but not explicitly mentioned in the provided text.
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Additional Assets: Includes property, capital stock of acquired entities or minority interests in subsidiaries primarily engaged in a Related Business.
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Financial Assets: Encompasses cash, securities, contracts of insurance, deposits, or evidence of deposits not considered securities under securities legislation.
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Receivables and Related Assets: Includes account receivables, associated collateral, contracts, guarantees, and assets involved in securitization transactions with receivables.
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Receivables Related Assets: Rights, proceeds, accounts, warranties, indemnities, and other assets commonly involved in asset securitization related to receivables.
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Material Assets: Signifies significant interests in any property or asset, tangible or intangible, having substantial value or impact on a business.
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Permitted Receivables Related Assets: Assets commonly transferred or used as security in asset securitization transactions related to receivables, akin to Receivables and their collections.
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Financial Asset: A term used to describe both the asset itself and the documentation evidencing a person's claim to it, including securities.
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Other Assets: Refers to assets (or interests therein) transferred by the Seller to another entity apart from the Issuer, excluding the Trust Estate.
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Related Assets: Assets linked to one or more Underlying Securities within a Trust, as detailed in the related Supplement or schedule.
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Security Assets: Assets subjected to a Security Interest created by a Security Document.
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Digital Assets: Paid electronic files downloaded and stored on personal devices, excluding files related to business.
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Capital Assets: Includes equipment, fixed assets, real property, or improvements reflected on a balance sheet and classified as property, plant, or equipment in accordance with GAAP.
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Material Asset: An asset with a book value of RMB100,000 or more or one significantly impacting business operations.
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Portfolio Assets: All Loan Assets owned by the Borrower, along with associated proceeds and related property rights.
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REO: Refers to Mortgaged Properties acquired by the Trust through foreclosure or deed-in-lieu of foreclosure.
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Pool Assets: As defined in Section 1.2(d) of the Agreement, not explicitly detailed in the provided text.
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Regional Asset Limit: The maximum housing value affordable to a four-person household at 80 percent of the regional median income, as defined by COAH or a successor entity.
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Capital Asset: An asset classified under GAAP as a capital asset on a consolidated balance sheet.
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Uninsured Motor Vehicle: A land motor vehicle or trailer not covered by insurance.
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Total Assets: The sum of Undepreciated Real Estate Assets and all other assets of the Company and its Subsidiaries, as per GAAP (excluding accounts receivable and intangibles).
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Fixed Assets: Assets comprising land, buildings, plant, and equipment acquired, developed, or constructed in connection with Funded Activities.
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REO Property: A Mortgaged Property acquired by the Trust Fund through foreclosure or deed-in-lieu of foreclosure.
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Permitted Assets: Properties or assets utilized in a Permitted Business, including Capital Stock in Restricted Subsidiaries and entities whose primary business is a Permitted Business (excluding other securities).
These definitions and classifications serve to delineate various types of assets, their characteristics, and their relevance within financial and legal contexts.
