Qualifying Assets definition

Qualifying Assets means a loan which satisfies the following criteria:-

Qualifying Assets means assets that generate “qualifying income” within the meaning of Section 7704(d) of the Code.

Qualifying Assets means any assets, including but not limited to Preferred Equity Interests and Excluded Real Estate Investments acquired by the Borrower or BRC or other subsidiaries in order for the exchange of Acceptable Securities for shares of the Borrower to be non-taxable.

Examples of Qualifying Assets in a sentence

• Qualifying assets are assets that necessarily take a substantial period of time to get ready for their intended use or sale.

• Qualifying assets are assets that necessarily take a substantial period of time to get ready for their intended use or sale.Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation.Other borrowing costs are expensed in the period in which they are incurred.

• Qualifying assets are assets which take more than 12 months to get ready for their intended use or sale.

• Qualifying assets are assets that necessarily take a substantial period of time to get ready for their intended use or sale.Other borrowing costs are expensed in the period in which they are incurred.

• Qualifying assets are assets that necessarily take a substantial period of time to get ready for their intended use or sale.Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation.

More Definitions of Qualifying Assets

Qualifying Assets means any and all assets directly owned by the Consolidated Subsidiaries that are Domestic Subsidiaries or Canadian Subsidiaries, other than (a) real property, including improvements thereto and fixtures, (b) aircraft and (c) investments in the Company or any of its Subsidiaries. The amount or value of any Qualifying Assets at any time shall be the book value thereof at such time determined in accordance with GAAP.

Qualifying Assets means and include any security that conforms with the criteria set forth in the Investment Guidelines.

Qualifying Assets means assets that are acquired by the Fund, BRC, BIC or other Subsidiaries in order for the exchange of contributed securities for Shares of the Fund to be non-taxable.

Qualifying Assets means (i) equity interests owned one hundred percent (100%) by the Borrower in entities engaged primarily in one or more of the Borrower’s lines of business described in Section 7.15 (singly, a “Qualified Entity,” collectively, “Qualified Entities”), or productive assets used in one or more of such lines of business; and (ii) equity interests of less than one hundred percent (100%) owned by the Borrower in one or more Qualifying Entities, provided that at any time the aggregate amount of the Borrower’s investment in Qualifying Assets described in clause (ii) that are then held by the Borrower as of the applicable determination date (measured by the aggregate purchase price paid therefor, including the aggregate amount of Debt assumed or deemed incurred by Borrower in connection with such acquisitions) does not exceed twenty percent (20%) of the Consolidated Net Worth of the Borrower and its Subsidiaries as of the applicable determination date.

Qualifying Assets means assets that are qualifying assets within the meaning of OTA 1983;

Qualifying Assets has the definition set forth in Article 10, Section 4(ii).

Qualifying Assets means and include any security listed by the Securities Valuation Office of the National Association of Insurance Commissioners and qualifying as an admitted asset under applicable Maryland law.