Protected Assets definition

Protected Assets bears the meaning ascribed thereto in Section 19.5(a)(i);
Protected Assets means assets that are designated as excluded or not taken into account upon determination of long-term care medicaid eligibility described in WAC ((388- 513-1315)) 182-513-1315. The protected or excluded amount is up to the dollar amount of benefits that have been paid for long-term care services by the qualifying long-term care part- nership policy on the medicaid applicant's or client's behalf. The assets are also protected or excluded for the purposes of estate recovery described in chapter ((388-527)) 182-527 WAC, in up to the amount of benefits paid by the qualifying policy for medical and long-term care services.
Protected Assets bears the meaning ascribed thereto in Section 15.7(a);

Examples of Protected Assets in a sentence

  • The Company irrevocably waives any and all rights it may have to enforce any judgement or claim against the Protected Assets in the courts of Bangladesh.

  • The Company irrevocably waives any and all rights it may have to enforce any judgment or claim against the Protected Assets in the courts of any jurisdiction.

  • Protected Assets: • Equity in primary residence up to an amount determined by the Ministry.

  • Protected Assets: • Equity in primary residence up to 50% of the equity up to $50,000; • Business use vehicles; • Tools or equipment used for business; reasonable equipment required to remain in business; • Personal use property (clothing, household items, furniture); • IRAs, 401K, cash value retirement plans; • Financial awards received from non-medical catastrophic emergencies; • Irrevocable trusts for burial purposes, prepaid funeral plans; and/or • Federal/State administered college savings plans.

  • The Protected Assets comprise the Investment Assets (principally property held for investment purposes) and the Protected Operational Assets as defined in the Agreement.


More Definitions of Protected Assets

Protected Assets means, collectively, (i) any interests in real property held in trust by the United States of America or the Commonwealth for the benefit of the Tribe, and any improvements, fixtures or accessions to such property, (ii) any assets against which it would be a violation of federal law or state law for the City to enforce remedies, (iii) any assets belonging to or held in trust for individual members of the Tribe, including assets credited to trust accounts for minors or legally incompetent persons, (iv) assets credited to any special revenue funds which are subject to restrictions in connection with the administration of any state or federal grants or programs by the Tribe, (v) any assets used in connection with the provision of customary governmental services by the Tribe, such as those related to health, safety and welfare, (vi) any assets that can only be legally owned by an Indian tribe, and (vii) Permitted Distributions made in accordance with this Agreement.
Protected Assets means the Grid System, Heat Network, the electric generation assets and equipment owned by any Public Sector Entity (excluding the Plant), the electric distribution assets and such other assets agreed by the Parties;
Protected Assets means (i) any assets of the Tribe, or any instrumentality or subsidiary of the Tribe against which it would be a violation of federal law, applicable state law or the Compact to encumber or to enforce remedies hereunder; (ii) any real property held in trust in the name of the United States or subject to restrictions against alienation by the United States for the benefit of Authority or Tribe and all improvements, fixtures and accessions to such property; (iii) any deposit or securities account of the Tribe or any instrumentality or subsidiary of the Tribe, and any money, securities or other assets credited thereto, in each case (a) held for the purpose of collecting and disbursing funds for payroll, medical insurance, worker’s compensation claims and other purposes related thereto, (b) held in escrow or pursuant to a fiduciary obligation on behalf of, or for the benefit of, one or more Persons other than the Authority or a Guarantor, (c) held for contract health or social services under federal laws or contracts, or (d) held pursuant to, or pursuant to the lien of, any indenture or loan agreement of the Tribe, or such instrumentality or subsidiary evidencing or securing indebtedness of the Tribe or the instrumentality or subsidiary; (iv) any assets of the Tribe employed in the provision of governmental services (including real property and related improvements, fixtures and accessions used for tribal housing, health care, education, museum or general governmental services) or containing or constituting materials of cultural significance; (v) any ownership interest in Tribal Gaming; and (vi) any account receivable in respect of or other entitlement to Government Services Payments (but not, for the avoidance of doubt, any receipts or proceeds of such account receivable or entitlement to the extent otherwise constituting an Eligible Asset).
Protected Assets means (1) any real property held in trust in the name of the United States or subject to restrictions against alienation by the United States for the benefit of Company or Tribe and all improvements, fixtures and accessions to such property, (2) real property and all improvements, fixtures and accessions to such real property used for tribal housing, health or general governmental services, (3) any Permitted Tax Payments, (4) any accounts (including money, securities or assets credited thereto) held in escrow or pursuant to a fiduciary obligation on behalf of, or for the benefit of, one or more Persons other than a Tribal Party and (5) any asset against which it would be a violation of federal law, state law or the Compact to enforce remedies.
Protected Assets means the Tier 1 Protected Assets and the Tier 2 Protected Assets.
Protected Assets shall have the meaning set forth in Section 10.6(a).
Protected Assets means the Grid System (as such term is defined in the Power Purchase Agreement), electric distribution assets, any other assets necessary for TANESCO to fulfil its duties under the Electricity Ordinance, 1957, and assets protected by diplomatic and consular privileges under the 1978 Immunity Act of the United Kingdom or the 1976 Sovereign Immunities Act of the United States, or any successor or analogous legislation.