Examples of Distressed Asset in a sentence
The Committee recommends for the creation of a Distressed Asset Fund, with a corpus of ₹ 5000 crore, structured to assist units in clusters where a change in the external environment, e.g. a ban on plastics or ‘dumping’ has led to a large number of MSMEs becoming NPA.
Later, still on June 27, 2013, Morgan Smith, who also apparently serves as Vice President of Operations for Distressed Asset Portfolio IV, LLC, allegedly signed an assignment purportedly transferring some of DAP’s interest in Defendant’s debt to Unifund.
Distressed Asset PortfoliosThe market risk associated with distressed asset portfolios in FICC that cannot be properly measured in VaR (primarily due to inadequate historical data on the underlying assets in the aggregate) is measured based on a potential 10% decline in the asset value of such portfolios.
Smith, Vice President of Pilot Receivables Management, LLC, purportedly signed a Bill of Sale assigning “unencumbered title to the Accounts described onAttachment A and all of [its] rights thereto” to Distressed Asset Portfolio IV, LLC.
Distressed Asset Management is responsible for early warning system and portfolio monitoring, pre-workout, restruc- turing, collection and workout to all non-Retail customer segments i.e. SME, Corporate, Public Finance, Sovereigns and Sub sovereigns and Financial institutions.