Restricted Assets definition

Restricted Assets means those assets the uses of which are restricted, wholly or partially, by regulations or other externally imposed requirements”, e.g. reserves set aside for specific purposes.
Restricted Assets has the meaning set forth in Section 5.5(b)(i).
Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company or any Subsidiary Guarantor to the extent the same constitute “Excluded Property” under (and as defined in) the First Lien Guarantee and Collateral Agreement and the Second Lien Security Documents.

Examples of Restricted Assets in a sentence

  • Restricted assets in the general fund represent cash and cash equivalents whose use is limited by legal requirements.

  • Restricted assets represent resources required by statute to be set-aside by the School District to create a reserve for budget stabilization.

  • Restricted assets in the General Fund include amounts required by statute to be set-aside by the District to create a reserve for textbooks, capital improvements and budget stabilization.

  • Restricted assets are financial resources generated for a specific purpose such as construction of capital assets and financing of debt obligations.

  • Restricted assets also include certain deposits that have been limited as to usage pursuant to escrow and similar agreements.


More Definitions of Restricted Assets

Restricted Assets in this subparagraph refers only to assets invested in the territory of the restricting Party by an investor of a Party that are restricted from being transferred out of the territory of the restricting Party.
Restricted Assets has the meaning specified in Section 2.01(b).
Restricted Assets means assets typically involving a penalty for early withdrawal, such as IRA accounts, KEOGH accounts, 401(k) accounts, employee retirement accounts, and other deferred tax protected assets involving a penalty for early withdrawal.
Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.
Restricted Assets shall have the meaning ascribed to such term in Section 3.3 hereof.
Restricted Assets shall have the meaning set forth in Section 2.3(a).
Restricted Assets means (a) the Collateral and (b) the Restricted Real Properties.