Alternative Assets definition
Alternative Assets means derivatives, real estate, commodities, private placements, loans, infrastructure holdings, private equity holdings, hedge fund holdings or such other assets (i) not typically held in book-entry form and (ii) not typically held in accounts registered in the name of the Custodian or a Subcustodian, in each case as determined by the Custodian.
Alternative Assets means investments that are not included in the traditional asset classes of cash, fixed income, and shares. Depending on the alternative assets’ characteristics and suitability they may substitute in the Fund for either income or growth assets. Alternative assets may include (but are not limited to) private equity, forestry, infrastructure, carbon offset credits, social bonds, social or environmental impact and other developing asset types with a sustainable investment focus.
Alternative Assets means, in connection with any proposed Asset Disposition pursuant to the terms of Section 8.4(b)(v), fixed assets (whether new, additional or replacement assets but exclusive of assets acquired in the course of regular upkeep and maintenance) which are similar in nature or purpose to other assets owned or leased by the Borrower and/or its Subsidiaries prior to or at the time of the acquisition of such fixed assets and useful in the conduct of the business of the Borrower and its Subsidiaries as permitted to be conducted pursuant to Section 8.3.
Examples of Alternative Assets in a sentence
The Custodian will hold Assets of the Client delivered or credited to its account under this Agreement directly or through accounts at Subcustodians or CSDs. In turn, Subcustodians will hold Assets directly or through accounts at CSDs. For purposes of this Agreement, the term “Assets” shall include Securities, Alternative Assets, monies, and other property held by the Custodian for the benefit of the Client.
Unless otherwise agreed in writing, the Custodian will not perform any other services or assume any obligations in relation to Alternative Assets.
The Custodian may, in limited cases, agree to register the Client’s interests in Alternative Assets in the name of the Custodian, subject to additional documentation and other requirements as the Custodian may specify from time to time.
The Custodian may agree to reflect the Client’s Alternative Assets on its books, records or statements.
More Definitions of Alternative Assets
Alternative Assets means interests in limited partnerships, limited liability companies, companies or other vehicles and any other unrated assets generally filed on Schedule BA of a life insurance company’s annual financial statement.
Alternative Assets means limited partnerships, hedge funds, real estate equity, private equity, and equity-linked investments generally filed on Schedule BA of a U.S. insurance company’s statutory financial statement.
Alternative Assets set forth in Section 1.1 of the Existing Credit Agreement is hereby amended in its entirety to read as follows:
Alternative Assets means investments that are not publicly traded, many of which are also generally considered illiquid and may include, without limitation, real estate, promissory notes, mortgages, precious metals, and interests in certain entities, including but not limited to limited liability companies, limited partnerships, private equity funds and hedge funds. For purposes of this Agreement, the term “Alternative Assets” also includes a brokerage account (including an account that is used to trade in futures) that is held as an asset of the Account. The Account Owner agrees that:
Alternative Assets has the meaning set forth in Section 5.21(f)(i).
Alternative Assets means, in connection with any proposed Asset Sale pursuant to the terms of Section 8.4(b)(iv)(B), assets (including stock or other equity interests acquired in a transaction contemplated by and permitted under Section 8.4(c) and whether new, additional or replacement assets but exclusive of assets acquired in the course of regular upkeep and maintenance) which are similar in nature, purpose or business line to other assets owned or leased by ▇▇▇▇ and/or its Subsidiaries prior to or at the time of the acquisition of such assets and useful in the conduct of the business of ▇▇▇▇ and its Subsidiaries as permitted to be conducted pursuant to Section 8.3.
Alternative Assets means limited partnership interests or other interests in partnerships, other pooled investment vehicles, or other assets (or any indirect or direct economic or non-economic rights to such interests), including interests in private equity funds and hedge funds.