Examples of Single Asset in a sentence
Applicable, for the purpose of Payout Condition 1.2(c)(i)(A), Single Asset is applicable.
Check one:🞏 Health Care Business (as defined in 11 U.S.C. § 101(27A))🞏 Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))🞏 Railroad (as defined in 11 U.S.C. § 101(44))🞏 Stockbroker (as defined in 11 U.S.C. § 101(53A))🞏 Commodity Broker (as defined in 11 U.S.C. § 101(6))🞏 Clearing Bank (as defined in 11 U.S.C. § 781(3))◼ None of the aboveB.
Check one:Health Care Business (as defined in 11 U.S.C. § 101(27A)) Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B)) Railroad (as defined in 11 U.S.C. § 101(44))Stockbroker (as defined in 11 U.S.C. § 101(53A)) Commodity Broker (as defined in 11 U.S.C. § 101(6)) Clearing Bank (as defined in 11 U.S.C. § 781(3))None of the aboveB.
Check one:Health Care Business (as defined in 11 U.S.C. § 101(27A)) Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B)) Railroad (as defined in 11 U.S.C. § 101(44))Stockbroker (as defined in 11 U.S.C. § 101(53A)) Commodity Broker (as defined in 11 U.S.C. § 101(6)) Clearing Bank (as defined in 11 U.S.C. § 781(3)) None of the aboveB.
Check one:□ Health Care Business (as defined in 11 U.S.C. § 101(27A))□ Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))□ Railroad (as defined in 11 U.S.C. § 101(44))□ Stockbroker (as defined in 11 U.S.C. § 101(53A))□ Commodity Broker (as defined in 11 U.S.C. § 101(6))□ Clearing Bank (as defined in 11 U.S.C. § 781(3))■ None of the aboveB.
Check One:☐ Health Care Business (as defined in 11 U.S.C. § 101(27A))☐ Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))☐ Railroad (as defined in 11 U.S.C. § 101(44))☐ Stockbroker (as defined in 11 U.S.C. § 101(53A))☐ Commodity Broker (as defined in 11 U.S.C. § 101(6))☐ Clearing Bank (as defined in 11 U.S.C. § 781(3))☒ None of the above B.
A loan secured by multiple properties owned by Single Asset Entities shall be considered Non-Recourse Indebtedness of such Single Asset Entities even if such Indebtedness is cross-defaulted and cross-collateralized with the loans to such other Single Asset Entities.
With respect to a Person, (a) Indebtedness in respect of which recourse for payment (except for Non-Recourse Exclusions until a claim is made with respect thereto, and then such Indebtedness shall not constitute Non-Recourse Indebtedness only to the extent of the amount of such claim) is contractually limited to specific assets of such Person encumbered by a Lien securing such Indebtedness or (b) if such Person is a Single Asset Entity, any Indebtedness of such Person.
Check one: Health Care Business (as defined in 11 U.S.C. § 101(27A)) Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B)) Railroad (as defined in 11 U.S.C. § 101(44)) Stockbroker (as defined in 11 U.S.C. § 101(53A)) Commodity Broker (as defined in 11 U.S.C. § 101(6)) Clearing Bank (as defined in 11 U.S.C. § 781(3)) None of the above B.
Describe debtor’s business☐ Health Care Business (as defined in 11 U.S.C. § 101(27A))☐ Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))☐ Railroad (as defined in 11 U.S.C. § 101(44))☐ Stockbroker (as defined in 11 U.S.C. § 101(53A))☐ Commodity Broker (as defined in 11 U.S.C. § 101(6))☐ Clearing Bank (as defined in 11 U.S.C. § 781(3))☒ None of the aboveB.