Asset Summary definition

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Asset Summary means any summary of features of such Mortgage Loan and the related Mortgaged Property prepared by or on behalf of the Mortgage Loan Seller that were delivered to any investor of the Private Certificates; "Third Party Report" shall mean appraisals, market studies, environmental, accounting, engineering and other reports, studies or surveys concerning any of the Mortgage Loans or related Mortgaged Properties; "Updated Annex A" shall mean the free writing prospectus entitled "CMBS: GMAC 2006-C1 Updated Annex A" as filed with the Commission on January 26, 2006. "Time of Sale" shall mean the time when the first Contract of Sale was first made in accordance with Rule 133 under the Securities Act, which was 9:35 a.m. (New York City time) on the date hereof.

Asset Summary. With respect to each Mortgaged Property, the asset summary report prepared by the applicable Seller for use in the initial placement of the Privately Placed Certificates.

Examples of Asset Summary in a sentence

Client shall promptly review the Asset Summary and report any missing equipment or inaccuracies.
Client acknowledges that Marco will be delayed in, or unable to, effectively and efficiently provide the Products without a complete and accurate Asset Summary and agrees that Marco shall have no liability to Client or any third party arising out of such delay.
Client shall promptly review the Asset Summary and report any missing equipment, software or inaccuracies.
LT – New Computer Detected Continuous LT – New Device Detected Continuous Asset Summary Report As Needed Hardware Report As Needed IT Environment Assessment and Tracking Quarterly N/A Service Provider’s agent software is deployed to all covered workstations and servers.
Client acknowledges that ▇▇▇▇▇ will be delayed in, or unable to, effectively and efficiently provide the Products without a complete and accurate Asset Summary and agrees that ▇▇▇▇▇ shall have no liability to Client or any third party arising out of such delay.
Client acknowledges that Marco will be delayed in, or unable to effectively and efficiently provide the Products without a complete and accurate Asset Summary and agrees that Marco shall have no liability to Client or any third party arising out of such delay.
Client acknowledges that ▇▇▇▇▇ will be delayed in, or unable to effectively and efficiently provide the Products without a complete and accurate Asset Summary and agrees that ▇▇▇▇▇ shall have no liability to Client or any third party arising out of such delay.
On or before November 18, 1998, Seller shall deliver to Buyer a summary of net assets of the Product Line as of October 31, 1998, prepared on a basis consistent with the September 30, 1998 Net Asset Summary.
Pursuant to the terms of this agreement, Seller hereby sells, transfers, conveys and delivers to Buyer, and Buyer hereby purchases from Seller, on and as of the Effective Date, all property and assets of Seller, of every kind and description, wherever located, real or personal, tangible or intangible included, but not limited to, those assets on the Capital Asset Summary attached as Schedule 1.1 hereto (the “Assets”).
The following information must be available as a statement of accounts for an asset is stored:  Effective date  Financial period  Transaction name  Transaction amount  Transaction value for cost, depreciation, impairment and revaluation  Residual value  Depreciable value  Carrying value The Financial Reporting must include the following :  Asset Summary reports: Extent, Value (such as cost, accumulated depreciation and impairment, revaluation).