Credit asset definition

Credit asset means a capital asset acquired by an angel investor taxpayer who was eligible to claim the tax credit allowed pursuant to this chapter with respect to the acquisition.
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Credit asset means a commercial loan or bonds (including any Debtor-in-Possession Loan) owned by a Borrowing Base Loan Party.
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Credit asset means any debt obligation or debt security (including for the avoidance of doubt, any Senior Loans, High Yield Bonds, Second Lien Loans, Structured Finance Securities, Synthetic Securities and Mezzanine Obligations) purchased or acquired by or on behalf of the Issuer from time to time and any warrant or option relating thereto (or, if the context so requires, to be purchased by or on behalf of the Issuer) and designated as such by the Investment Manager subject to the limitations set out in the Investment Management Agreement provided that references to Credit Assets shall not include (a) Cash and Cash Equivalents, (b) any interest rate hedge transaction(s) and any currency hedge agreements (including any receivables pertaining thereto) and (c) any other assets not designated as "Credit Assets" by the Investment Manager from time to time.
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Examples of Credit asset in a sentence

  • Such asset is reviewed at each Balance Sheet date and the carrying amount of the MAT Credit asset is written down to the extent there is no longer convincing evidence to the effect that the Company will pay normal income tax during the specified period.

  • Hedge funds: Hedge funds may be used within the Opportunistic, Global Equity, Real Assets and Diversified Credit asset classes.

  • Such asset is reviewed at each Balance Sheet date and the carrying amount of the MAT Credit asset is written down to the extent there is no longer a convincing evidence to the effect that the Company will pay normal income tax during the specified period.

  • Credit: The Credit asset class is intended to provide broad exposure to global fixed income credit markets.

  • Such assets is reviewed at each balance sheet date and the carrying amount of the MAT Credit asset is written down to the extent there is no longer a convincing evidence to the effect that the Company will pay normal income tax during the specified period.l) LeasesAssets acquired under lease where the Company has substantially all the risks and rewards incidental to ownership are classified as finance lease.

  • In January 2015, Onex acquired control of the Onex Credit asset management platform, as described in note 2(c).

  • Credit asset securitization business draws on the concept of trust asset independence to create according to law a special purpose trust whose objective is the securitization of assets as a special purpose vehicle in order to realize the requirement of bankruptcy remoteness in credit asset securitization deals.

  • It is DOI’s intention to award up to five contracts to Investment Consultants based on unique expertise within the Hedge Fund and Private Credit asset classes.

  • Onex has the contractual right to control the Onex Credit asset management platform.

  • EFFECTIVITY This Order shall take effect ten (10) days following its publication in two (2) newspapers of general circulation.

Related to Credit asset

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Agent maintained at the office of the Agent at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Tower Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Bank Credit Agreement means the Amended and Restated Credit Agreement dated as of July 23, 2007 by and among the Company, Xxxxx Fargo Bank, National Association, as administrative agent, and the other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility or facilities of the Company and its Subsidiaries.