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.

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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

In addition to the remedies provided in Paragraph 10 of the Agreement, upon the occurrence and during the continuance of an Event of Default following notice to Seller, Buyer shall have the right to direct the Trustee to sell and liquidate the Underlying Assets.
Upon revocation of such license, Buyer shall not cast any vote or exercise any direction right or other action taken which would impair the Purchased Securities, the Underlying Assets or which would be inconsistent with or result in a violation of any provision of the Agreement or the Program Documents; provided, however, that Buyer may direct the sale and liquidation of the Underlying Assets only upon the occurrence and during the continuance of an Event of Default.
The location where Seller keeps its books and records, including all computer tapes and records relating to the Underlying Assets, is its chief executive office, the address of which is set forth in Schedule I to this Annex.
Upon the sale or disposition of any Underlying Assets for the purpose of entering into a reverse repurchase transaction with a party that is not an Affiliate of Buyer, Seller shall pay Buyer the Exit Fee on the date of such sale or disposition; provided, that the Exit Fee shall be payable only upon such sale or disposition of an Eligible Underlying Asset for purposes of entering into a reverse repurchase transaction with a party that is not an Affiliate of Buyer.

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;