Physical Assets definition
Examples of Physical Assets in a sentence
The proceeds of issuance will, at the discretion of the Portfolio Administrator, be invested in Ancillary Assets or maintained as cash balances and will be held in the Margin Account along with the proceeds of short selling the Physical Assets.
This Agreement is subject to the following HUD Required Language: This Agreement is expressly conditioned upon preliminary approval by HUD of the transactions as set forth in form HUD 92266, Application for Transfer of Physical Assets, and supporting documents submitted to HUD.
Such Physical Assets shall be borrowed from the Margin Loan Provider in order to replicate (to the degree practicable) the return of the Index or to pursue the Investment Strategy referenced by the Series taking into account the applicable Leverage Factor.
The Company has good and merchantable title to all of its tangible assets used in the operations of the Business ("Physical Assets") or has valid leasehold interests in all leased real property and Physical Assets listed thereon as leased by the Company, except such as shall have been disposed of as obsolete or in the ordinary course of business since the date of Part 4.5(a) of the Disclosure Schedule.
All of the Physical Assets are in good operating condition and repair, have been maintained consistent with the standards generally followed in the industry and applicable legal standards.