Charged Asset definition

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

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

• Charged Asset Structure:Charged Asset Structure 5 is applicable.1. General On the Issue Date, the Issuer will enter into the Swap Agreement with the Swap Counterparty.

• Charged Asset Structure: Charged Asset Structure 1 is applicable.

• Charged Asset Structure:Charged Asset Structure 1 is applicable.1. General On the Issue Date, the Issuer will enter into the Swap Agreement with the Swap Counterparty and the Deposit Agreement with the Deposit Counterparty.

• The Trust Deed provides that the Trustee shall not be bound or concerned to make any investigation into the creditworthiness of any Swap Counterparty or of any obligor under any Charged Assets or the validity or enforceability of any of the obligations of any Swap Counterparty, under any Charged Agreement or of any obligor under the terms of any Charged Asset (including, without limitation, whether the cashflows from any Charged Assets, the Charged Agreement and the Notes are matched).

• For the purposes of Charged Asset Structure 1: the counterparty to the Swap Agreement is BNP Paribas (the "Swap Counterparty") which is a société anonyme incorporated in France and its registered office is at 16 boulevard des Italiens - 75009 Paris.

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 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 has the meaning given to the term Charged Asset in the Account Charge Agreement.

Charged Asset means the property, assets and income mortgaged, assigned or charged to the Administrative Agent (whether by way of legal mortgage, assignment, fixed or floating charge) by or pursuant to this Debenture and each and every part of such property, assets and income.

Charged Asset. - means any asset included in categories (i) to (vi) of clause 1.1.23(a) above (other than the cash deposit in the amount of US $8,300,000 (eight million three hundred thousand United States Dollars) pledged in favour of Bank Hapoalim to secure the Ji-Tong Transaction) which is charged by any fixed Encumbrance and/or is subject to a specific right of set-off in favour of or by the Approved Financial Institution or other entity holding the asset, it being agreed that: (i) the existence and freedom from Encumbrance of any such asset shall be supported by copies of statements and other appropriate documents of the relevant Approved Financial Institution or other entity certified by it as correct and (ii) the freedom of all such assets from any specific right of set-off as aforesaid shall be supported by the certificate last issued pursuant to clause 15.4.3(b) or clause 15.28 below by the Chief Financial Officer of the Borrower, except that if a certificate should have been provided pursuant to the provisions of clause 15.4.3(b) or clause 15.28 below and has not been provided, the assets in question shall be deemed subject to a specific right of set-off;