Asset Package definition

Asset Package means, in respect of an Asset Package Credit Event, all of the Assets in the proportion received or retained by a Relevant Holder in connection with such relevant Asset Package Credit Event (which may include the Prior Deliverable Obligation or Package Observable Bond, as the case may be). If the Relevant Holder is offered a choice of Assets or a choice of combinations of Assets, the Asset Package will be the Largest Asset Package. If the Relevant Holder is offered, receives and retains nothing, the Asset Package shall be deemed to be zero.
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Asset Package means any Assets (which may include the Reference Asset) that a Reference Holder received, retained or becomes entitled to receive for all or parts of the Reference Asset (including accrued but unpaid interest) [for whatever reason][following a Risk Event].]
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Asset Package means, in respect of an Asset Package Credit Event, all of the Assets in the proportion received or retained by a Relevant Holder in connection with such relevant Asset Package Credit Event (which may include the Prior Deliverable Obligation or Package Observable Bond, as the case may be). If the Relevant Holder is offered, receives and retains nothing, the Asset Package shall be deemed to be zero. An Asset package shall be treated as having the same currency and Outstanding Principal Balance as that of the Prior Deliverable Obligation or Package Observable Bond (as applicable) to which it corresponds immediately prior to the Asset Package Credit Event.
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Examples of Asset Package in a sentence

  • Each Trial or Subscription License shall consist of a limited number of User Licenses and DT Asset Package Licenses, as indicated either in the Purchase Order or during the Registration Process, as the case may be.

  • The number of User Licenses or DT Asset Package Licenses purchased cannot be decreased during the relevant Subscription Term.

  • With respect to maturity Quality Assurance can be defined at three levels: • Basic level We only assure, that the Asset Package is valid against the Asset packaging and Asset metadata models.

  • The Operating Advisor shall conclusively rely (without further investigation, inquiry, verification, or otherwise) on any information, reports, memorandum, documents, statements, or other materials provided to the Operating Advisor, including any Credit Risk Mortgage Asset Package, in connection with any Credit Risk Mortgage Asset Consultation.

  • When Cango has received the Deficiency in full, Cango shall deliver the remaining undisposed assets in the Cash Asset Package to NT or a third party designated by NT free of charge in the same manner as described in Article 4 of Exhibit A of the Cash Sale and Purchase Agreement, as if Cango is the delivering party and NT is the receiving party under this same provision.

  • The Collateral Manager shall provide KBRA written notice of any such consultation with the Operating Advisor, including the Operating Advisor’s recommendation, the Credit Risk Mortgage Asset Package and any written analysis provided by the Operating Advisor, within 10 Business Days of receipt of any such recommendation from the Operating Advisor.

  • If the Operating Advisor recommends, based on its review of the Credit Risk Mortgage Asset Package, that the related Mortgage Asset not be considered a Credit Risk Mortgage Asset, the Operating Advisor shall notify the Collateral Manager of such recommendation within 10 Business Days of receipt of the Credit Risk Mortgage Asset Package, and the Collateral Manager may treat such Mortgage Asset as a Credit Risk Mortgage Asset.

  • The amount of such deposit shall be the product of (i) the total computing power (calculated in T) of the relevant machines (“Problematic Machines”) in the Cash Asset Package that cause the Insufficient Computing Power Event and (ii) US$[Redacted] per T of computing power (“Deposit”).

  • Coiled Tubing Asset Package Lease Agreement dated December 21, 2013 by and between Impact Engineering, AS and Tango Rock S.A. Schedule 5.3 Contingent Obligations of E▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇ None.

  • Customer shall pay to Waylay recurring Charges depending on the number and type of User Licenses, and the number and size of DT Asset Package Licenses.


More Definitions of Asset Package

Asset Package means, in respect of an Asset Package Credit Event, all of the Assets in the proportion received or retained by a Relevant Holder in connection with such relevant Asset Package Credit Event (which may include the Prior Deliverable Obligation or Package Observable Bond, as the case may be). If the Relevant Holder is offered a choice of Assets or a choice of combinations of Assets, the
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Related to Asset Package