Proposed Asset definition

Proposed Asset has the meaning ascribed thereto in Section 9.1.1 of this Agreement.
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Proposed Asset means any asset identified by the Borrower (or the Collateral Manager on the Borrower’s behalf) that the Borrower proposes to purchase, including any Purchased Accrued Interest and any interest rate or other hedging arrangement with respect to any such asset.
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Proposed Asset shall have the meaning specified in Article 3(a).
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Examples of Proposed Asset in a sentence

  • If Parent objects to any item in the Proposed Asset Allocation, Parent and Buyer shall cooperate in good faith to resolve the dispute within thirty (30) days.

  • If the Purchaser and the Seller reach written agreement amending the Proposed Asset Allocation, the Proposed Asset Allocation, as so amended, shall become binding upon Purchaser and Seller and shall be the Asset Allocation.

  • Parent will have the right to object to any item in the Proposed Asset Allocation within thirty (30) days of the delivery of the Proposed Asset Allocation.

  • Except as provided in subparagraphs (j) and (k) of this Section 5.05, at the close of business on the 30th day after delivery of the Proposed Asset Allocation, the Proposed Asset Allocation shall become binding upon the Purchaser and the Seller and shall be the Asset Allocation.

  • In addition, Borrowers shall, no later than 360 days after receipt of such Proposed Asset Sale Reinvestment Proceeds that have not theretofore been applied to the Obligations, make an additional prepayment of the Loans (and/or the Revolving Loan Commitments shall be reduced) in the full amount of all such Proposed Asset Sale Reinvestment Proceeds that have not theretofore been so reinvested in Eligible Assets.

  • If Parent does not object to the Proposed Asset Allocation, then the Proposed Asset Allocation will become the final allocation for purposes of Sections 338 and 1060 of the Code (the “Final Asset Allocation”).

  • The applicable Borrower shall elect (i) on a quarterly basis and (ii) in connection with any Proposed Asset Transfer pursuant to Section 9.20 (in each case, unless otherwise consented to by Administrative Agent in its sole discretion) the Minimum Uncalled Capital Coverage Level, provided, however, in the absence of an election by the applicable Borrower, the Minimum Uncalled Capital Coverage Level shall be the Uncalled Capital Borrowing Base.

  • The Asset LOI only represents a mutual indication of interest regarding the Proposed Asset Transaction and the terms of the Proposed Asset Transaction are subject to a number of contingencies, including the completion of customary due diligence and the negotiation and execution of definitive agreements.

  • There can be no assurance that the Proposed Asset Transaction will be completed on the terms contemplated in the Asset LOI or otherwise.

  • None of the Directors or the substantial shareholders of the Company has any interest, direct or indirect, in the Proposed Investment and Proposed Asset Sales.