Examples of Support Assets in a sentence

However, if the Notes become subject to mandatory redemption under Condition 7(c) (Redemption on termination of Charged Agreement) following an Event of Default under the Swap Agreement, there shall be no return of Credit Support Assets by the Issuer or Equivalent Credit Support by the Swap Counterparty.
Any such Credit Support Assets shall be held by the Custodian on behalf of the Issuer and the Issuer shall only be entitled to realise the value of such Credit Support Assets upon early redemption of the Notes in circumstances where an Event of Default has occurred pursuant to the Swap Agreement.
Credit Support Annex Under the terms of the Credit Support Annex any Charged Assets or Credit Support Assets held by the Issuer will be released and transferred to the Swap Counterparty in the event that a Delivery Amount or Return Amount is due to the Swap Counterparty.
Depositary Account:The account of the Custodian in which the Charged Assets and any securities forming part of the Credit Support Assets are held from time to time.
In the event that Eligible Credit Support is delivered to the Issuer pursuant to the Credit Support Annex,the Issuer's rights against the Custodian pursuant to the Custody Agreement will extend to and include the Credit Support Assets.

More Definitions of Support Assets

Support Assets has the meaning given in clause 3.6(b)(iv)(A).

Support Assets has the meaning given in clause 3.6(b)(iv)(A) of the Implementation Agreement.

Support Assets means immaterial, non-essential assets, such as paper pads, toner and ink cartridges for printers or photocopiers, writing instruments (such as pens, pencils, highlighters and erasers), binding or fastening devices (such as staplers and staples, velobinders and three-ring binders, paper clips and glue), cleaning supplies, bathroom supplies, kitchen supplies, kitchen utensils and kitchen small appliances and other tangible supplies, that are not significant to the running of the Company and the Company Subsidiaries in the ordinary course of business and (ii) “shrink wrap,” “commercially available off the shelf software package”, “click through” and other similar non-exclusive licenses (and maintenance and support services for the foregoing) with an aggregate cost less than $100,000 per year in the aggregate.

Support Assets means, with respect to any Party, any asset or assets that may be reasonably necessary for and related to the administration of such Party’s business, such as computer hardware, software, data back-up infrastructure, facilities and any other assets as may be reasonably determined by such Party.

Support Assets means all assets and rights of any nature of the Seller and its Affiliates (other than the Company), used or held for use in connection with the provision of (i) Support Services to the Company (including the right to receive such services) and (ii) the Services (as defined in the Transition Services Agreement) to the Purchaser and its Affiliates following the Closing.

Support Assets means assets (including computers and any software embodied in such computers) of the Seller not located at the Heath Headquarters, the Owned Real Property or the Leased Real Property used to provide support or administrative functions on behalf of the Heath Business and any communication or data network systems used in the Heath Business but not used solely in the Heath Business. An example of these functions are the support functions provided to the Heath Business and charged to the G&A allocation charged to the Heath Business;

Support Assets means those assets used by Seller in support of the Business, which assets are listed in Schedule 1.8 attached hereto.