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 those bonds, notes, shares, securities, loans, contractual rights, derivative instruments and/or other assets described in the Issue Memorandum.

Examples of Underlying Assets in a sentence

• Estimated total expenses of the issue/offer:Not Applicable.6.PERFORMANCE AND VOLATILITY OF THE UNDERLYING ASSET(S)Details of the past and further performance and volatility of the Underlying Asset(s) may be obtained from Bloomberg and Reuters.

• The aggregate return on the Underlying Assets will depend in part upon the ability of the relevant investment manager to actively manage the related portfolio of the Underlying Assets.

• Underlying Assets are typically actively managed by an investment manager, and as a result, Underlying Assets will be traded, subject to rating agency and other constraints, by such investment managers.

• However, the concentration of the Underlying Assets in any one security type subjects the holders of CDOs/CLOs to a greater degree of risk with respect to defaults on the Underlying Assets.

• The Underlying Assets are subject to credit, liquidity, market value, interest rate and certain other risks.

More Definitions of Underlying Assets

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.

Underlying Assets means the Initial Underlying Assets and any Eligible Investments substituted therefor.

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 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.

Underlying Assets means the assets, including any Securities (including margin securities), that are the subject of the this Agreement;

Underlying Assets means, with respect to the corresponding Tracking Series, unless otherwise specified in the corresponding Certificate of Designation, the direct or indirect interest of the Corporation in the assets designated as Underlying Assets in the Certificate of Designation establishing such Tracking Series.