Funded Assets definition

Funded Assets means any items whose purchase, construction or improvement are wholly or partly funded by the Facility, that cost or are valued at (whichever is higher) £[] or more, and have a useful economic life of three years or more (based on normal accounting practice);]
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Funded Assets means each Funded Receivable and all Related Security and Collections with respect thereto.
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Funded Assets means any items whose purchase, construction or improvement are wholly or partly funded by the Grant, that cost or are valued at (whichever is higher) £[] or more, and have a useful economic life of three years or more (based on normal accounting practice);]
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Examples of Funded Assets in a sentence

  • Except as permitted in the Academies Financial Handbook, the Academy Trust must not borrow against Publicly Funded Assets, or so as to put Publicly Funded Assets at risk, without the Secretary of State’s consent.

  • FINANCIAL AND ACCOUNTING REQUIREMENTS 28 General 28 Application of the Academies Financial Handbook 29 Budgeting for funds 30 Carrying forward of funds 31 Annual accounts and audit 31 Keeping financial records 32 Access to financial records 32 Acquiring and disposing of Publicly Funded Assets 33 Retention of proceeds from the disposal of capital assets 33 Transactions outside the usual planned range 34 Borrowing 34 5.

  • Third Party Funded Assets One key issue concerning capital maintenance is whether assets funded up front by third parties— customers or the government—should be included in the capital maintenance base.

  • The Scottish Ministers may, in accordance with Schedule 13, Paragraph 6 make advances by way of grant to the Operator towards the provision of Funded Assets.

  • Grant Funded Assets All assets acquired as part of a Federal or State grant shall be expensed to the respective grant in accordance with the specifications of the said grant.

  • The Operator shall keep and maintain a register of Funded Assets (“the Funded Assets Register”) which shall detail all Funded Assets acquired by the Operator (whether acquired from the Scottish Ministers on or after the Mobilisation Date or in accordance with Clause24) together with their acquisitions costs and current value, and a register detailing all subcontracts and other relevant agreements required for the performance of the Services (the Subcontracts Register).

  • Funded Assets Local Government Pension Scheme£000 2009/102010/11Opening Balance at 1 April342492Expected Rate of Return2399Actuarial gains and losses84825Employer contributions4460Contributions by scheme participants1820Benefits paid-19199Closing Balance at 31 March4921,695 The expected return on scheme assets is determined by considering the expected returns available on the assets underlying the current investment policy.

  • The Operator shall maintain the Funded Assets Register in such format as is required by Scottish Ministers and shall update the Funded Assets Register from time to time and in particular in the event that Funded Assets are added to or removed from the Services.

  • In this area, too, the Antall government broke with the previously employed ideological clichés, placing the focus on neighborhood policy as well, and on the opportuni- ty and the need to assert national interests.

  • The Operator shall ensure that all Funded Assets are clearly marked to identify that they are the property of Scottish Ministers, and shall ensure that they are exclusively used for the provision of the Services under this Contract.


More Definitions of Funded Assets

Funded Assets means, on any date, the sum of (i) the Current Book Values of the Partnership Non-program Vehicles (other than a Partnership Non- program Vehicle in respect of which a Partnership Vehicle Receivable is outstanding) less the aggregate amounts owing to Manufacturers by the Partnership in respect of such Partnership Non-program Vehicles on such date, (ii) the Current Book Values of the Partnership Program Vehicles and the Program Negotiation Vehicles (other than any Partnership Program Vehicles or Program Negotiation Vehicles in respect of which a Partnership Vehicle Receivable is outstanding) less the aggregate amounts owing to Manufacturers by the Partnership in respect of such Partnership Program Vehicles or Program Negotiation Vehicles on such date, (iii) the aggregate amount of Partnership Vehicle Receivables owing by a Manufacturer, Approved Dealer, auction house or other Person, (iv) the amount of any Non-restricted Cash, and (v) the balance in the Principal Funding Account, in each case, on such date;”;
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Funded Assets means any trust, insurance policy, or other assets set aside to fund a Foreign Benefit Plan.
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Funded Assets means all such assets collectively.
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Funded Assets means, on any date, the sum of (i) the Current Book Values of the Partnership Non-program Vehicles (other than a Partnership Non-program Vehicle in respect of which a Partnership Vehicle Receivable is outstanding) less the aggregate amounts owing to Manufacturers by the Partnership in respect of such Partnership Non-program Vehicles on such date, (ii) the Current Book Values of the Partnership Program Vehicles and the Program Negotiation Vehicles (other than any Partnership Program Vehicles or Program Negotiation Vehicles in respect of which a Partnership Vehicle Receivable is outstanding) less the aggregate amounts owing to Manufacturers by the Partnership in respect of such Partnership Program Vehicles or Program Negotiation Vehicles on such date, (iii) the aggregate amount of Partnership Vehicle Receivables owing by a Manufacturer, Approved Dealer, auction house or other Person, (iv) the amount of any Non-restricted Cash, and (v) the balance in the Principal Funding Account, in each case, on such date;”;
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Related to Funded Assets

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Retained Assets has the meaning set forth in Section 2.2.

  • Invested Assets means the sum of the market value of the securities held in the Portfolios, and shall not include cash or cash equivalents.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Gross Assets means the total of fixed assets and current assets;

  • Retained asset account means any mechanism whereby the settlement of proceeds payable under a policy or contract is accomplished by the insurer or an entity acting on behalf of the insurer depositing the proceeds into an account with check or draft writing privileges, where those proceeds are retained by the insurer or its agent, pursuant to a supplementary contract not involving annuity benefits other than death benefits.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person, including without limitation cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Fixed Assets means the Equipment and Real Estate of the Borrower.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Specified Assets the following property and assets of such Grantor:

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.

  • Aggregated Assets for a particular Strategy shall mean the assets of all registered investment companies managed by the Adviser that are managed by the Sub-Adviser pursuant to that Strategy, including Portfolio Assets.

  • Assets includes present and future properties, revenues and rights of every description;

  • Transferred Assets has the meaning set forth in Section 2.1.