Charged Asset definition

Charged Asset means any asset subject to the Trustee’s Security.

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Charged Asset means an asset which is subject to a charge under which a third party has a right of retention or sale of the asset upon default of the holder;

Charged Asset means any asset which is subjected to a charge under which a third party has a right of retention or sale of the asset upon default of the insurer;

Examples of Charged Asset in a sentence

• Those matters include a claim by any person to an interest in a Charged Asset.

• No Security will exist over, or in relation to, any Charged Asset other than Permitted Security.

• A Receiver may give a valid receipt for any moneys and execute any assurance or thing which may be proper or desirable for realising any Charged Asset.

• A Receiver may take immediate possession of, get in and collect any Charged Asset and without prejudice to the foregoing, cause to be registered all or any part of the Charged Assets in its own name or in the name of its nominee(s) or in the name of any purchaser(s) thereof.

• The Collateral Agent is entitled, but not obliged, at any time following the occurrence of an Enforcement Event and while it is continuing to terminate such retention of title arrangements in respect of any Charged Asset by paying the purchase price therefore, or any part thereof, on behalf and at the expense of the Transferor.

More Definitions of Charged Asset

Charged Asset means any of them.

Charged Asset means any asset subject to an Encumbrance created pursuant to a Security Document;

Charged Asset has the meaning given to the term “担保财产(Charged Asset)” in the Account Charge Agreement.

Charged Asset means any asset which is subjected to a charge under which a third party

Charged Asset means any asset which is subjected to a charge under which a third party has a right of retention or sale of the asset upon default of the insurer and the deposit made by the insurer under section 14 of the Act;

Charged Asset means the Charge Asset (IQ HK) and/or the Charged Asset (WFOE), as the case may be.

Charged Asset means any: