CCP Assets definition
Examples of CCP Assets in a sentence
The CCP Master Fund shall own all right, title and interest in and to the CCP Assets, free and clear of all Encumbrances, except Permitted Encumbrances, as of the Closing Date.
Each of the Adviser and the CCP Master Fund shall certify that, as of the Closing Date, the CCP Master Fund owns all right, title and interests (legal and beneficial) in and to the interest in the CCP Assets, free and clear of all Encumbrances, except Permitted Encumbrances.
On or prior to October 29, 2021 the CCP Master Fund shall deliver to Buyers an investment schedule (“Investment Schedule”) setting forth, in reasonable detail, all cash and investment assets (including any Portfolio Funds transferred) (“CCP Assets”) held by the CCP Master Fund, as well as the Buyers’ indirect percentage ownership of such CCP Assets, in each case as of the most recent practicable date as if the Contemplated Transaction were consummated on such date.
The Investment Schedule shall be unaudited and shall set forth the “fair value” of the CCP Assets as of the Valuation Date.