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

• No Security will exist over, or in relation to, any Charged Asset other than Permitted Security.

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

• 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.

• Unless waived by the Pledgee, the representations and warranties set out in Clause 8.1 are deemed to be made by the Pledgor on each date the Pledgor acquires legal title to a Charged Asset.

• A Receiver may take immediate possession of, get in and collect any Charged Asset and without prejudice to the foregoing, cause to be registered all or any part of the Charged Assets in its own name or in the name of its nominee(s) or in the name of any purchaser(s) thereof.

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 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 has the meaning given to the term “担保财产(Charged Asset)” in the Account Charge Agreement.

Charged Asset means any:

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;