Asset Passthrough means a series of transactions between a Bank Holdco, one or more members of the Bank Group and an Asset Transferring Party where:
Asset Passthrough means a series of transactions, commencing with a transaction between NTL UK and a member of the UK Group, which may be followed by one or more similar transactions between various members of the UK Group, and culminating with a similar transaction between a member of the UK Group and a Final Asset Transferee, the purpose of which is to enable NTL UK to indirectly transfer assets to that Final Asset Transferee by way of transfers of those assets to and from (and, if necessary, between) one or more members of the UK Group in such a manner as to be neutral to the UK Group taken as a whole PROVIDED THAT:
Asset Passthrough means a series of transactions, commencing with a transaction between the Parent and a member of the Covenant Group, which may be followed by one or more similar transactions between various members of the Covenant Group and culminating with a similar transaction between a member of the Covenant Group and a Final Asset Transferee, the purpose of which is to enable the Parent to indirectly transfer assets to that Final Asset Transferee by way of transfers of those assets to and from (and, if necessary, between) one or more members of the Covenant Group in such a matter as to be neutral to the Covenant Group taken as a whole, PROVIDED THAT:
More Definitions of Asset Passthrough
Asset Passthrough means a series of transactions between a Borrower Holdco, one or more members of the Group and an Asset Transferring Party where:
Asset Passthrough means a series of transactions (insofar as it affects the Covenant Group), commencing with a transaction between the Parent and a member of the Covenant Group, which may be followed by one or more similar transactions between various members of the Covenant Group and culminating with a similar transaction between a member of the Covenant Group and a Final Asset Transferee, the purpose of which is to enable the Parent to indirectly transfer assets (other than cash) to that Final Asset Transferee by way of transfers of those assets to and from (and, if necessary, between) one or more members of the Covenant Group in such a manner as to be neutral to the Covenant Group taken as a whole, provided that:
Asset Passthrough means a series of transactions, commencing (in so far as it affects the UK Group) with a transaction between NTL UK and a member of the UK Group, which may be followed by one or more similar transactions between various members of the UK Group, and culminating with a similar transaction between a member of the UK Group and a Final Asset Transferee, the purpose of which is to enable NTL UK to indirectly transfer assets (other than cash) to that Final Asset Transferee by way of transfers of those assets to and from (and, if necessary, between) one or more members of the UK Group in such a manner as to be neutral to the UK Group taken as a whole provided that: