Charged Asset definition

Charged Asset means any asset subject to the Trustee’s Security.
Charged Asset means an asset which is subject to a charge under which a third party has a right of retention or sale of the asset upon default of the holder;
Charged Asset means any asset which is subjected to a charge under which a third party has a right of retention or sale of the asset upon default of the insurer;

Examples of Charged Asset in a sentence

  • The Trust Deed provides that the Trustee shall not be bound or concerned to make any investigation into the creditworthiness of any Swap Counterparty or of any obligor under any Charged Assets or the validity or enforceability of any of the obligations of any Swap Counterparty, under any Charged Agreement or of any obligor under the terms of any Charged Asset (including, without limitation, whether the cashflows from any Charged Assets, the Charged Agreement and the Notes are matched).

  • The Trust Deed provides that the Trustee shall not be bound or concerned to make any investigation into the creditworthiness of any Counterparty or of any obligor under any Charged Assets or the validity or enforceability of any of the obligations of any Counterparty, under any Charged Agreement or of any obligor under the terms of any Charged Asset (including, without limitation, whether the cashflows from any Charged Assets, the Charged Agreement and the Notes are matched).

  • Those matters include a claim by any person to an interest in a Charged Asset.

  • Neither the Portfolio Manager nor any of its affiliates makes any representation as to the credit quality of any of the Portfolio CDS Counterparty, Swap Guarantor, any credit support provider or obligor of a Charged Asset or Reference Obligation.

  • A Receiver may give a valid receipt for any moneys and execute any assurance or thing which may be proper or desirable for realising any Charged Asset.


More Definitions of Charged Asset

Charged Asset means any asset subject to an Encumbrance created pursuant to a Security Document;
Charged Asset means any of them.
Charged Asset means any asset which is subjected to a charge under which a third party
Charged Asset has the meaning given to the term “担保财产(Charged Asset)” in the Account Charge Agreement.
Charged Asset means any asset which is subjected to a charge under which a third party has a right of retention or sale of the asset upon default of the insurer and the deposit made by the insurer under section 14 of the Act;
Charged Asset. - means any asset included in categories (i) to (vi) of clause 1.
Charged Asset as defined in the Singapore Deed, (i) the “Charged Account” as defined in the Singapore Charge over Account, (j) each Local Payment Account and (k) all other Property of any Security Party, whether real, personal or mixed, with respect to which a Lien is granted as security for the Secured Obligations;