Protected cell assets definition

Protected cell assets means all assets, contract rights, and general intangibles, identified with and attributable to a specific protected cell of a protected cell company.
Sample 1Sample 2Sample 3
Protected cell assets means all assets, contract rights, and general intangibles, identified with and attributable to a specific protected cell of a sponsored captive insurance company.
Sample 1Sample 2Sample 3
Protected cell assets means all assets, contract rights, and general intangibles identified with and
Sample 1Sample 2Sample 3

Examples of Protected cell assets in a sentence

  • Protected cell assets must be held in the protected cell accounts for the purpose of satisfying the obligations of that protected cell.

  • Protected cell assets may be used to pay interest or other consideration on any outstanding debt or other obligation attributable to that protected cell, and nothing in this subsection may be construed or interpreted to prevent a protected cell company from entering into a swap agreement or other transaction for the account of the protected cell that has the effect of guaranteeing interest or other consideration.

  • Protected cell assets are only available to creditors of a protected cell company after all protected cell liabilities have been extinguished or otherwise provided for in accordance with the plan of operation relating to that protected cell.

  • Protected cell assets may not be pledged or otherwise encumbered except for the benefit of creditors of that protected cell in furtherance of the securitization in accordance with the approved plan of operation.

  • ItemPart #Description11800-0465Vance and Hines Header Kit (with O2 Sensor fitting) - installed22110-9494K and N Air Filter - installed329844-07Screamin’ Eagle 110 Cubic Inch Stage 1 Kit for EFI models-installed4LaborCase Boring for 110 Cubic Inch Stage 1 Kit5LaborECM Calibration for 110 Cubic Inch Stage 1 Kit6LaborECM recalibration for Vance and Hines Header Kit Motorcycles are to be certified Harley-Davidson FLHPI Road King motorcycles.

  • Protected cell assets are available only to the SPFC10 contract counterparty and other creditors of the SPFC that are creditors only with respect to that11 protected cell and, accordingly, are entitled in conformity with this Part, to have recourse to the12 protected cell assets attributable to that protected cell.

  • Protected cell assets only are available to creditors of a sponsored captive insurance company after all protected cell liabilities have been extinguished or otherwise provided for in accordance with the plan of operation relating to that protected cell.

  • Protected cell assets are absolutely protected from the creditors of the sponsored captive insurance company that are not creditors with respect to that protected cell and who, therefore, are not entitled to have recourse to the protected cell assets attributable to that protected cell.

  • Protected cell assets are available only to the SPFC contract counterparty and other creditors of the SPFC that are creditors only with respect to that protected cell and, accordingly, are entitled in conformity with this Part, to have recourse to the protected cell assets attributable to that protected cell.

  • Protected cell assets may not be pledged or otherwise encumbered except for the benefit of creditors of that protected cell in furtherance of the securitization in accordance with the approved plan of operation.[PL 2007, c.


More Definitions of Protected cell assets

Protected cell assets means all assets, contract rights
Sample 1Sample 2Sample 3
Protected cell assets means all assets, contract rights, and general intangibles
Sample 1Sample 2
Protected cell assets means all assets, contract rights, and general intangibles, identified with and attributable to a specific protected cell of a protected cell company. Thu Jan 09 12:23:10 2014 linc_system Iowa Code 2014, Chapter 521G (5, 0)
Sample 1
Protected cell assets means all assets, contract rights, and general intangibles, identified with and attributable to a specific protected cell of a protected cell company. Tue Dec 13 08:26:46 2016 Iowa Code 2017, Chapter 521G (8, 0)
Sample 1
Protected cell assets means the assets of the Fund held within or on behalf of any Protected Cell as defined in the DFSA Rulebook and the PCC Regulations.
Sample 1
Protected cell assets means all assets, contract rights, and general intangibles, identified with and attributable to a specific protected cell of a protected cell company. Thu Dec 05 12:19:47 2019 Iowa Code 2020, Chapter 521G (11, 0)
Sample 1

Related to Protected cell assets

  • Protected cell means an identified pool of assets and liabilities of a protected cell company segregated and insulated as provided under this chapter from the remainder of the protected cell company’s assets and liabilities.

  • protected variety means any variety that is the subject of a breeder’s right;

  • Protected Property means each property identified on Exhibit A hereto and each property acquired in Exchange for a Protected Property as set forth in Section 2.1(b).

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Company Intellectual Property means any Intellectual Property that is owned or purported to be owned by the Company or any of its Subsidiaries.

  • Protected wildlife means wildlife designated by the

  • Seller Intellectual Property means any Intellectual Property that is owned by either Seller and primarily used in connection with the Business.

  • Additional Assets means (1) any property, plant or equipment used in a Permitted Business; (2) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary; or (3) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clause (2) or (3) of this definition is primarily engaged in a Permitted Business.

  • Protected record means a record that is classified protected as provided by Section 63G-2-305.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Protected Account An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. Each Protected Account is required to be an Eligible Account.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Animal shelter means a facility operated by a humane society or any society organized under Chapter 1717. of the Revised Code or a dog pound operated pursuant to Chapter 955. of the Revised Code.

  • Principal Property means any manufacturing plant or manufacturing facility, located within the United States of America (other than its territories and possessions), owned or leased by the Company or any Restricted Subsidiary, unless, in the opinion of the Board of Directors, such plant, facility or property is not of material importance to the total business conducted by the Company and its Restricted Subsidiaries as an entirety.