Examples of Permitted Assets in a sentence
Except as otherwise provided in Article XII, Cash Available for Distribution shall be distributed on the last Business Day of each Fiscal Quarter, or if such day is not a Business Day on the next succeeding Business Day (each such date, a "Distribution Date") to the Members in proportion to their Percentage Interests.The Manager shall cause any remaining Cash Available for Distribution to be invested in Permitted Assets.
The Company may enter into any agreement and perform any action necessary or useful for the purposes of securitising Permitted Assets, including, without limitation, disposing of its assets in accordance with the relevant agreements.
On 21 November 2018, Compartment VCL 27 acquired from VCL Master S.A. - Compartment 1 a portfolio of Permitted Assets valued at EUR 957,449,751 following a discount on its nominal value of 5.7016 per cent per annum on the basis of a 360/360 day year.
The other receivables becoming due and payable within one year consist predominantly of the receivable due from Volkswagen Leasing GmbH for the December 2018 collection of the Permitted Assets, which is due in January 2019.
The Trustee invests in a portfolio (“the Portfolio”) of liability hedging instruments with Insight Investment Management (Global) Limited (“Insight”):• The Portfolio shall be constructed to match portions of the Scheme’s interest rate and inflation exposure using the Permitted Assets (as set out in Guidelines - Schedule 3 Part B of the Investment Management Agreement (IMA) between the Scheme and Insight).