Asset Classification definition

Asset Classification has the meaning assigned to such term in Section 4.1(U).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Asset Classification has the meaning assigned to such term in Section 3.2.1(i).

Asset Classification has the meaning assigned to such term in Section 3.1.16.

Examples of Asset Classification in a sentence

• It is clarified that only the Due Date shall be reckoned for the purpose of guidelines of RBI on Income Recognition, Asset Classification and Provisioning pertaining to Advances, irrespective of whether or not USFB has granted at its discretion, grace period (if any) for repayment of PI.

• To perform our analysis, we require the following information for each fixed asset acquisition, disposal, or transfer: • Property • Tag Number • Serial Number • Building • Asset Classification (Account) • Acquisition Date • Room • Description • Historical Cost • Floor • Manufacturer • Function Code • Asset Number • Model Upon your request, we can provide an Excel reporting template and related instructions to assist you in providing us your fixed asset activity data.

• Asset Classification: Mirion’s information assets are assigned a classification level based on its level of sensitivity and the impact to the organization in order to appropriately restrict access and ensure the appropriate minimum baseline standards (low, medium, high) are implemented in accordance with NIST 800.53 Rev 5.

• All data and information must be classified in accordance with the State’s Asset Classification and Control policy, 08-04-NJOIT (▇▇▇.▇▇.▇▇▇/▇▇/▇▇).

• It is clarified that only the Due Date shall be reckoned for the purpose of guidelines of RBI on Income Recognition, Asset Classification and Provisioning pertaining to Advances, irrespective of whether or not the Bank has granted at its discretion, grace period (if any) for repayment of PEPII and/or EPI.

More Definitions of Asset Classification

Asset Classification shall have the meaning set forth in Section 4.19.

Asset Classification has the meaning assigned in Section 5.1(5).

Asset Classification means, for any Asset, as of any date, the then effective designation of such Asset as a "Class A", "Class B" or "Class C" Asset as determined by the Majority Banks in their sole discretion. The Asset Classification as of the Closing Date for each Asset is set forth in SCHEDULE 1.1(A). Thereafter, the Majority Banks shall have the right, at any time, to change the Asset Classification of any Asset, which change shall be effective immediately.

Asset Classification has the meaning assigned in Section 4.l(T).

Asset Classification has the meaning assigned to such term in Section 3.1.13(a). "Bank" has the meaning assigned to it in the first paragraph, as supplemented by the first sentence of Recital A(4). "Bank Financial Statements" means the Bank's (a) unaudited balance sheets as of December 31, 2018, 2019, and 2020, and the related statements of income, cash flows and changes in shareholder's equity for each of the years then ended, and (b) unaudited balance sheet as of March 31, 2021, and the related unaudited statement of income, together with the Subsequent Bank Financial Statements. "Bank Merger" has the meaning assigned to such term in Recital B. "Bank Merger Agreement" means the bank merger agreement by and between Glacier Bank and the Bank to be entered into concurrently with this Agreement pursuant to which the Bank Merger will be effected. "BHC Act" has the meaning assigned to such term in Recital A(1).

Asset Classification is defined in Section 4.1(T).

Asset Classification has the meaning assigned to such term in Section 4.1(T). "Bank" has the meaning assigned to such term in the first paragraph of this Plan.