Impaired Assets definition

Impaired Assets means any security held in the Fund’s portfolio as of the date of this Agreement where the market price for such security is or becomes below the Amortized Cost Value for such security by 0.001%.
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Impaired Assets means those Net Assets: (i) as to which there exists as of the Closing Date a material breach of the representations and warranties of the Seller set forth in clauses 8 b), c), d), e), f), g), h), i), j), k) and l) herein and which have not been cured by Seller; or]
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Impaired Assets means any asset (on- or off-balance sheet) where there is evidence of weakness in the licensed financial institution’s ability to collect the full amount of cash flows contracted to be received, based upon evidence of deterioration in the borrower's ability or willingness to settle the amounts due as prescribed by the original contracted terms and conditions.
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Examples of Impaired Assets in a sentence

  • The Group is undertaking a review (“the Review") of customers that may have been affected by criminal activities linked to the former HBOS Impaired Assets Office based in Reading ("HBOS Reading").

  • As stated in the Impaired Assets Communication, the design of the asset relief measures is primarily the responsibility of the Member State concerned.

  • Impaired Assets and Forbearance The Bank uses an internal credit rating scorecard model to inform the decision-making process.

  • In its overall approach for the assessment of valuation methods put forward by the Member States for asset relief measures and their implementation in individual cases, the Impaired Assets Communication foresees at point 43 that the Commission would consult panels of experts.

  • HBOS Reading – customer reviewThe Group is undertaking a review into a number of customer cases from the former HBOS Impaired Assets Office based in Reading.

  • The Group has agreed to undertake a review to ascertain which customers may have been affected by criminal activities linked to the former HBOS Impaired Assets Office based in Reading (the "Review").

  • Therefore, the Banking, Recapitalisation and Impaired Assets Communications will remain in place beyond 31 December 2011.

  • The Group is undertaking a review ("the Review") of customers that may have been affected by criminal activities linked to the former HBOS Impaired Assets Office based in Reading (the "HBOS Reading").

  • HBOS Reading - FCA investigationThe FCA’s investigation into the events surrounding the discovery of misconduct within the Reading-based Impaired Assets team of HBOS has concluded.

  • In fact, the question could also be whether that part of the portfolio should be considered eligible under the Impaired Assets Communication at all.


More Definitions of Impaired Assets

Impaired Assets means those Net Assets: (i) as to which there exists as of the Closing Date a material breach of the representations and
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Impaired Assets means (i) the No. 9 power boiler at the Woodland Mill, --------------- (ii) the Centralia Dam in Wisconsin, (iii) the sulfite recovery furnace at Port Xxxxxxx, Wisconsin, (iv) the primary clarifier at the Woodland Mill, (v) the wastewater pipelines at the Woodland Mill and (vi) the two obsolete recovery boilers at the Woodland Mill.
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Impaired Assets means those Net Assets: (i) as to which there
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Impaired Assets means the assets of DCB set forth on Schedule A to this Agreement, subject to adjustment as set forth in Section 3(d) of this Agreement.
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Related to Impaired Assets

  • Impaired property means tangible property, other than "your product" or "your work", that cannot be used or is less useful because:

  • Impaired water means a water body or water body segment that does not meet its applicable water quality standards as set forth in Chapters 62-302 and 62-4, F.A.C., as determined by the methodology in Part IV of Chapter 62-303, F.A.C., due in whole or in part to discharges of pollutants from point or nonpoint sources.

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

  • Impaired waters means those surface waters of the state designated by the commissioner as impaired pursuant to Section 303(d) of the Clean Water Act and as identified in the most recent State of Connecticut Integrated Water Quality Report.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

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

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

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

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.

  • Secured Assets means (insert description of assets in respect of which charge/mortgage may be created) offered as security by the Client;

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Salvage vehicle means any vehicle which is within the last ten (10) model years and which has been damaged by collision or other occurrence to the extent that the cost of repairing the vehicle for safe operation on the highway exceeds sixty percent (60%) of its fair market value, as defined by Section 1111 of this title, immediately prior to the damage. For purposes of this section, actual repair costs shall only include labor and parts for actual damage to the suspension, motor, transmission, frame or unibody and designated structural components;

  • Seller Liens shall have the meaning set forth in Section 4.3.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Released Property shall have the meaning set forth in Section 2.5.2 hereof.

  • Title Defect Property has the meaning set forth in Section 6.2(a).