NQ Assets definition

NQ Assets means assets that generate income that is not Qualifying Income, as hereinafter defined.

Examples of NQ Assets in a sentence

  • Each of the Multi-State Cemetery LLCs distributed its NQ Assets to its parent NQ Sub (collectively, the “Multi-State NQ Subs”), as listed on Schedule H3.

  • Each VA Cemetery LLC distributed its NQ Assets to its respective parent VA NQ Sub or, in the case of Southern and Kiris, to the PMSI NQ Sub.

  • Each NQ Sub was formed to hold title to certain NQ Assets, as hereinafter defined, owned by a first or second tier subsidiary of CFSI directly owning a cemetery (each a "Cemetery Sub") in any State other than Pennsylvania.

  • Each PA Cemetery LLC conveyed its NQ Assets, including the capital stock of E▇▇▇▇▇ ▇.

  • Each MD Cemetery LLC distributed all of its NQ Assets to its respective parent MD NQ Sub, including the capital stock of Cedar Hill Funeral Home, Inc.

  • The DE Cemetery LLC distributed to the DE NQ Sub all of the NQ Assets owned by it.

Related to NQ Assets