Future asset definition

Future asset means a movable asset, which does not exist or which the grantor does not have rights in or the power to encumber at the time the security agreement is concluded;
Future asset means an apartment, house or shop house which is under construction or already constructed but not yet been issued an Ownership Certificate, or as otherwise defined by the laws of Vietnam from time to time.
Future asset means a movable asset which does riot exist or which the debtor does not have rights in

Examples of Future asset in a sentence

  • Future asset retirement obligations are not recorded where timing or amount of the remediation costs cannot be reasonably estimated.

  • The absence of a coherent development plan coupled with heavy dependence on bid funding means that it is difficult to adopt a consistent and effective approach to developing and maintaining the community buildings estate Future asset demands identified through the service and financial planning process including associated planned delivery will be utilised in the preparation of future capital programme bids and the financial projections included in the Asset Management Plan due for review in 2010/11.

  • Future asset returns are projected stochastically using a recognised actuarial model, i.e. the TSM Real World model.

  • Future asset retirement obligations are estimated based on the company’s net ownership interest in all the wells and facilities, the estimated costs to reclaim and abandon the wells and facilities and the estimated timing of the costs to be incurred in future periods.

  • Future asset returns are projected stochastically using the TSM Real World model.

  • Future asset returns and costs arising from each guarantee are projected stochastically.

  • Future asset growth is needed to reduce the drag on earnings created by the building.

  • Future asset investment decisions require a detailed assessment of the age and condition profile of the assets in question, decisions to be made about the desired condition (defining levels of service) and importantly assessment of the most economically efficient ways of delivering the chosen levels of service (i.e. whole life cost/value assessment).

  • Any change in the Credit Rating of the Borrower shall be effective to adjust the Commitment Fee as of the date such change is announced.

  • Future asset retirement obligations are only recorded when the timing or amount of remediation costs can be reasonable estimated.


More Definitions of Future asset

Future asset means an Asset acquired by Borrower after November 30, 2002.