Equivalent Assets definition

Equivalent Assets means securities, financial instruments or currency of an identical type, nominal value, description and amount as the Collateral and shall include any certificates of or evidencing title and transfer thereto.

Equivalent Assets means in respect of (i) any Station, any television station or television stations; and (ii) any Non-Core Business, any Core Business

Equivalent Assets of (i) any television station (other than a Top 25 TV Station): any other television station or television stations; or (ii) any Non-Core Business: any Core Business.

Examples of Equivalent Assets in a sentence

• But we don’t feel strong upward winds because vertical gradient is balanced by gravitational force.

• In the event of our insolvency, you (or where applicable, your underlying customer(s)) will be an unsecured general creditor and will have only a contractual claim to the delivery of Equivalent Assets.

• You agree that we may return Equivalent Assets to you (or where applicable, your underlying customer(s)) at any time prior to satisfaction of all Liabilities.

• Replacement cost estimates are based on estimated costs of building Modern Equivalent Assets (MEA) and estimating the residual asset value from the MEA cost, useful life and age of existing assets and depletion ratio (Depreciated Replacement Cost methodology).

• Without prejudice to clause 9.6 below, any instruction to deal in Collateralised Assets prior to satisfaction of all Liabilities will constitute a call for the delivery of Equivalent Assets, which BCS will execute on condition that the Client will have delivered or procured the delivery to an account in the name of BCS or a person acting on its behalf of securities or cash recognised by BCS to be eligible to secure Liabilities.

• Such Equivalent Assets will upon such transfer or designation become subject to all of the provisions of this Agreement, including without limitation, this Clause 10 and Clause 11.

• Without prejudice to clause 8.5 below, any instruction to deal in Collateralised Assets prior to satisfaction of all Liabilities will constitute a call for the delivery of Equivalent Assets, which we will execute on condition that you (or where applicable, your underlying customer(s)) will deliver or procure the delivery to an account in our name or in the name of a person acting on our behalf of securities or cash recognised by us to be eligible to secure Liabilities.

• The financial status of the student, pursuant to Decree of the President of the Council of Ministers no.159/2013, as modified by subsequent ministerial and directorial decrees, is determined based on the Equivalent Financial Status Indicator (ISEE) and the Equivalent Assets Status Indicator (ISPE) of the student’s household.

• The asset valuation provided an independently determined cost to replicate the existing network assets with Modern Equivalent Assets (MEAs) of the same current and intended function and service delivery capability.

• A technical deficit is a deficit arising due to:a) impairments including those attributable to the transition to MEA (Modern Equivalent Assets) valuation, orb) incurring additional non-cash revenue charges associated with bringing PFI assets on the balance sheet due to the introduction of IFRS accounting in 2009/10.

More Definitions of Equivalent Assets

Equivalent Assets means, as of any date of determination,

Equivalent Assets means assets and liabilities held by the Company onthe relevant Redemption Date which at the Relevant NAV Date have a net aggregate value equal to the NAV at the relevant NAV Date divided by the total number of Redeemable Shares in issue at the Relevant NAV Date provided that the identity of such assets and liabilities shall be at the absolute discretion of the Directors;

Equivalent Assets means, with respect to any particular Assets, the Assets that are determined by FINTAILOR to be equivalent to the such particular Assets, and for these purposes of such determination:

Equivalent Assets of (i) any radio station: any other radio station or radio stations; (ii) any radio network: any other radio network or radio networks; (iii) any network television station: any other network television station or network television stations; (iv) any long-form paid programming station: any other long-form paid programming station or long-form paid programming stations; (v) outdoor advertising property: any other outdoor advertising property or outdoor advertising properties; (vi) any Core Business (other than a radio station): any radio station or radio stations; or (vii) any Non-Core Business: any Core Business.