Underlying Assets definition
Underlying Assets. With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.
Underlying Assets means the assets securing the Reference Obligation for the benefit of the holders of the Reference Obligation and which are expected to generate the cashflows required for the servicing and repayment (in whole or in part) of the Reference Obligation, or the assets to which a holder of such Reference Obligation is economically exposed where such exposure is created synthetically.
Underlying Assets means (i) initially on the Issue Date, the cash issue proceeds of the Notes and (ii) following the Issue Date, either the Underlying Assets specified in (i) above or such assets as may be purchased by or on behalf of the Issuer in accordance with the Conditions in order to hedge its obligations under the Trade Documents.
Examples of Underlying Assets in a sentence
Without limiting the generality of Section 32 hereof, Buyer and Repo Agent shall have completed, to their satisfaction, in their sole and absolute discretion, their due diligence review of the related Purchased Assets, Underlying Assets and each Relevant Party.
More Definitions of Underlying Assets
Underlying Assets means those bonds, notes, shares, securities, loans, contractual rights, derivative instruments and/or other assets described in the Issue Memorandum.
Underlying Assets means, with respect to a Collateral Asset, any property or other assets designated and pledged as collateral to secure repayment of such Collateral Asset, including to the extent provided for in the relevant Related Documents, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.
Underlying Assets has the meaning set forth in Section 2.4(a).
Underlying Assets shall have the meaning assigned to such term in Section 2.04(a).
Underlying Assets means the Initial Underlying Assets and any Eligible Investments substituted therefor.
Underlying Assets means ordinary shares of US$0.0001 each in AGL, which shall take into account any alteration of, or accretions to, those shares as a result of a consolidation, subdivision or reclassification and includes without limitation any share splits and bonus shares, or the number or fraction of American Depository Shares representing such ordinary shares.”; and
Underlying Assets means the assets, including any Securities (including margin securities), that are the subject of the this Agreement;