Exempt Assets definition

Exempt Assets means assets which are not considered in the determination of financial eligibility for medical assistance.

Exempt Assets means bonds, debentures, stocks or other securities issued by the Commonwealth, and includes any securities issued by a State or by any authority constituted by a law of a State the interest on which is exempted by the law of that State from income tax.

Exempt Assets. Revenue sharing videos, motor vehicles, and Leasehold Interests.

Examples of Exempt Assets in a sentence

• Each holder of an Allowed Unsecured Claim shall receive, on the applicable Plan Distribution Date, its Pro Rata Share of the Exempt Assets Trust Beneficial Interests.

• The terms of the compensation of the Exempt Assets Trustee shall be disclosed in the Plan Supplement.

• Pursuant to section 1123(a)(5) of the Bankruptcy Code, on the Effective Date the Exempt Assets Trust shall be created pursuant to the Exempt Assets Trust Declaration.

• The Exempt Assets Trustee shall be deemed a Disbursing Agent under the Plan when making distributions to holders of Exempt Assets Trust Beneficial Interests pursuant to the Exempt Assets Trust Declaration.

• The Exempt Assets Trust Declaration shall constitute a Plan Document and shall only contain terms and conditions consistent with the Plan.

More Definitions of Exempt Assets

Exempt Assets means funds and property that defendant would be able to protect from levy and sale under execution under MCL 600.6023 if they were a judgment debtor or funds and property that defendant would be able to exempt under 11 USC 522 if they were a debtor in a bankruptcy case. Defendant must choose either the state or federal exemptions.

Exempt Assets means (a) the “Exempt Assets” as such term is defined in the Approved Settlement and Transaction Support Agreement; (b) the Membership Interests in ERG Holdings, LLC; and (c) the Class A ERG Plan Trust Beneficial Interests.

Exempt Assets means the following forms of assets, which will not be considered in determining a patient’s ability to pay or a financial need; the patients primary residence, personal property exempt from judgment under (Nebraska Revised Statute 77-202) and any amounts held in a pension or retirement plan (exclusive of distributions and payments from such plans.

Exempt Assets means assets listed under s. DWD 11.27

Exempt Assets means funds and property that defendant would be able to protect from levy and sale under execution under MCL 600.6023 if they were a judgment debtor. “Gross Income” means funds or compensation periodically received from any source during a 52-week period. Gross income includes, but is not limited to, wages, pensions, stock dividends, rents, insurance benefits, trust income, annuity payments, and public assistance.

Exempt Assets means the Debtor’s exempt assets set forth in Schedule C of the Debtor’s Schedules of Assets and Liabilities.

Exempt Assets means the assets described in Article VII of the Plan, if any.