Participated Asset definition

Participated Asset means the “Participated Assets” and the “BACCHC Assets,” as such terms are defined in the Contribution Agreement.
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Participated Asset has the meaning set forth in Section 2.2(a).
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Participated Asset means the “Participated Assets” and the “BACCHC Assets”, as such terms are defined in the Contribution Agreement.
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Examples of Participated Asset in a sentence

  • Such elevation is referred to herein as the “Elevation” with respect to any Participated Asset, and the date of any Elevation of such Participated Asset is referred to herein as the related “Elevation Date”.

  • Until Elevation occurs for each Participated Asset, the Seller shall hold title to each of the Participated Assets for the benefit of the Purchaser to the extent of the Participation Interests.

  • For the avoidance of doubt, the Seller and the Purchaser agree that the tenor, interest rate, fees and other terms of a Participated Asset shall be coextensive with those of the underlying Loan or Available Unfunded Commitment, as applicable.

  • With respect to any Participated Asset, the Seller and Purchaser will use commercially reasonable efforts to cause the relevant participation to be elevated to an assignment as soon as reasonably practicable, pursuant to the provisions of Section 2.2(c), after the Trade Date.

  • Grantor shall not exercise voting authority or take any action or exercise any rights or remedies with respect to a Participated Asset without the prior written consent of, or at the direction of, Participant (or the Loan Manager, on its behalf).

  • For the avoidance of doubt, the Seller and the Purchaser agree that the tenor, interest rate and other terms of a Participated Asset shall be coextensive with those of the underlying Collateral Asset.

  • With respect to any Participated Asset, the Seller and Purchaser will use commercially reasonable efforts to cause the relevant participation to be elevated to an assignment as soon as reasonably practicable, pursuant to the provisions of Section 2.2(c), after the Purchase Date.

  • Seller shall not, and shall not attempt to, sell, pledge, or grant a charge or security interest in the whole or any part of any Contract or other Participated Asset, to any Person other than Purchaser without the prior written consent of Purchaser.

  • Each Participated Asset is, immediately prior to the sale (or, in the case of Participated Assets subject to the Contributed Participation Portion, immediately prior to the contribution) hereunder to Participant, owned by Grantor free and clear of any Lien, and upon the sale, contribution, transfer or assignment hereunder, Participant shall acquire 100% of the equitable title to and ownership of each such Participated Asset, free and clear of any Lien.

Related to Participated Asset

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Index and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 9 March 2018 is 200% (in any case, it will not be below 170%).

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Participating Interest is defined in Section 1.2(d) hereof.

  • Participating Property means Development.

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

  • Portfolio Asset means an asset of an investment fund;

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Subject Vehicle means the vehicle being tested.

  • Purchaser Interest means, at any time, an undivided percentage ownership interest (computed as set forth below) associated with a designated amount of Capital, selected pursuant to the terms and conditions hereof in (i) each Receivable arising prior to the time of the most recent computation or recomputation of such undivided interest, (ii) all Related Security with respect to each such Receivable, and (iii) all Collections with respect to, and other proceeds of, each such Receivable. Each such undivided percentage interest shall equal: C / (NRB - AR) where: C = the Capital of such Purchaser Interest. NRB = the Net Receivables Balance. AR = the Aggregate Reserves. Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the business day immediately preceding the Amortization Date shall remain constant at all times thereafter.

  • Separately invested asset means an account or fund of a district that is not invested in a pooled fund group.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Eligible Vehicle means a Vehicle (which includes, for the avoidance of doubt, a Service Vehicle) in Spain, Germany, The Netherlands, Italy or France (as applicable):

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Restricted Asset has the meaning specified in Section 2.4(1).

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Receivable Interest means, at any date of determination, an undivided percentage ownership interest in (a) all then outstanding Pool Receivables arising prior to the time of the most recent computation or recomputation of such undivided percentage interest pursuant to Section 1.03, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Each undivided percentage interest shall be computed as C + YR + LR + CAFR +DR NRPB where:

  • Participation Amount as defined in Section 3.4(b).