Illiquid Assets definition

Illiquid Assets means with respect to a Borrower at any date of determination, the fair market value of such Borrower’s investments (or any portion thereof) in hedge funds:

Illiquid Assets. As of any date of determination, collectively, the Borrower’s Eligible Investments (or any portion thereof) (i) in respect of which redemptions are suspended or subject to application of a fund-level gate (but only in respect of that portion of such Eligible Investments subject to such suspension or gate), (ii) that do not permit redemptions by the end of the twelfth (12th) month immediately following such date of determination, (iii) in the Borrower’s “Direct Credit (Co-Investments)” strategy and all sub-strategies thereunder and asset classes associated therewith or (iv) in private real estate investment trusts (REITs).

Illiquid Assets means any realproperty, security, obligation, or other asset that—

Examples of Illiquid Assets in a sentence

• Restrictions Concerning Illiquid Assets • After reviewing the comments received with respect to the proposed amendments to section 2.4 of NI 81-102, the CSA are deferring the implementation of these proposed amendments until such time as we have revisited the definition of “illiquid asset” in NI 81-102.

• If the Collateral Manager declines such offer, the Trustee will take such action as directed by the Collateral Manager (on behalf of the Issuer) to dispose of the Illiquid Assets, which may be by donation to a charity, abandonment or other means.

• To the extent that minimum denominations do not permit a pro rata distribution, the Trustee will distribute the Illiquid Assets on a pro rata basis to the extent possible and the Collateral Manager will select by lottery the Holder to whom the remaining amount will be delivered.

• Illiquid Assets Non-redeemable investment funds will now be subject to a limit on investing in illiquid assets under section 2.4 of NI 81-102.

• The proceeds of the sale of Illiquid Assets (after payment of fees and expenses of the Trustee (or other bank or agent retained by it) and the Collateral Manager incurred in connection with dispositions under the provisions described in this section), if any, shall be applied in accordance with the Priority of Payments.

More Definitions of Illiquid Assets

Illiquid Assets has the meaning set forth in Section 3.4 hereof.

Illiquid Assets means assets that cannot be readily converted into cash due to the nature of the asset or the condition of the market;

Illiquid Assets means any real property, security, obligation, or other asset that–

Illiquid Assets means any real prop- erty, security, obligation, or other asset that—

Illiquid Assets means, as of any date, the sum, without duplication, on a consolidated basis (excluding RJ Bank other than as provided in clause (vii) below) of (i) Intangible Assets, (ii) property and equipment, (iii) net equity Investments in real estate partnerships, (iv) private equity Investments and the funding commitments related thereto, (v) net deferred tax assets, (vi) prepaid expenses and “other” assets, (vii) shareholder equity in RJ Bank and receivables from RJ Bank, (viii) any assets of RJA, RJFS, Xxxxxxx Xxxxx Ltd. or any other broker-dealer Subsidiary that would be deducted from regulatory capital in determining net regulatory capital, (ix) auction rate securities owned by the Borrower or its Subsidiaries, (x) the applicable haircuts on securities owned by the Borrower or its Subsidiaries as specified on Schedule 6.20, and (xi) other Investments (but excluding investments in Canadian Treasury bills at Xxxxxxx Xxxxx Ltd. that are recorded under “other” assets).

Illiquid Assets means those Investments which are not Liquid Assets

Illiquid Assets means, as of any date, the sum, without duplication, of (i) memberships in exchanges, (ii) furniture, equipment and leasehold improvements, (iii) goodwill, (iv) intangible assets, (v) the applicable haircuts on securities owned by the Parent or its Subsidiaries, (vi) the applicable haircuts on trade receivables, (vii) any assets of a Broker-Dealer Subsidiary that would be deducted from Regulatory Capital in determining net regulatory capital, (viii) any asset for which a reserve has been established, and (ix) any other assets that in accordance with GAAP or pursuant to the guidelines provided by Moody’s as in effect as of the Closing Date, are to be treated as “illiquid”.