Other Asset definition

Other Asset means any asset that has a life of more than one year and has a cost of five thousand dollars or greater.

Other Asset means a Real Property (other than any Joint Venture Asset) that operates or is intended to operate as a technology manufacturing building or a technology office/corporate headquarter building.

Other Asset means a tangible and physical product that is owned by the Insured or is under the Insured’s trust or control and:

Examples of Other Asset in a sentence

• Quarterly perform reconciliation of remaining balance sheet accounts: Prepaid/Deposits, Accounts Receivable, Accounts Payable, Payroll Liability, Debt/Loans, and any Other Asset or Liability Item.

• If the aggregate principal amount of Notes surrendered by Holders thereof and Other Asset Disposition Indebtedness surrendered by Holders or lenders, collectively, exceeds the amount of Excess Proceeds, the Trustee shall select the Notes and Other Asset Disposition Indebtedness to be purchased on a pro rata basis on the basis of the aggregate principal amount of tendered Notes and Other Asset Disposition Indebtedness.

• If the aggregate principal amount of Notes surrendered by Holders thereof and Other Asset Disposition Indebtedness surrendered by holders or lenders, collectively, exceeds the amount of Excess Proceeds, the Trustee shall select the Notes and Other Asset Disposition Indebtedness to be purchased on a pro rata basis on the basis of the aggregate principal amount of tendered Notes and Other Asset Disposition Indebtedness.

• In addition, the Issuer will take any and all other actions required by the agreements governing the Other Asset Disposition Indebtedness.

• The Servicer shall perform the Services in good faith and to the extent such Asset and such Other Asset are substantially similar in terms of objectively identifiable characteristics relevant for purposes of the particular Services to be performed, the Servicer shall not discriminate between such Asset and such Other Asset on an unreasonable basis (the standard set forth in this Section 3.02(b) shall be referred to collectively as the “Servicer Conflicts Standard”).

More Definitions of Other Asset

Other Asset means any non Real Estate asset, including written management agreements, written management and fee receivables or other written agreements, in each case that (a) grant an interest in and to or the right to use property in the business of the Borrower and its Restricted Subsidiaries as permitted by Section 7.3(b), (b) are enforceable, and (c) have economics and terms that are functionally substantially similar to the economics and terms of an Easement.

Other Asset means a tangible and physical product that is owned by you or is under your trust or control and:

Other Asset has the meaning set forth in Recitals.

Other Asset means any asset, property or business of the Borrower or any Subsidiary, other than any Real Estate Investment or any other real property, if the aggregate amount of Net Proceeds in respect of any Disposition thereof shall exceed $25,000.

Other Asset. Any receivable or other right to payment other than a Receivable.

Other Asset means for any member of the Group, (i) any other asset (but without duplication of other assets included in Capitalization Value) which is included in the Consolidated balance sheet of the Group and is not a Construction Asset, a Redevelopment Asset, an Acquisition Asset, a Regional Mall Asset, or an income producing real estate asset and (ii) the Borrower’s pro-rata share (determined in accordance with GAAP) of any other assets that are not on the Consolidated balance sheet of the Group, such as those owned through Minority Holdings which are not Consolidated in accordance with GAAP and are not a Construction Asset, a Redevelopment Asset, an Acquisition Asset, a Regional Mall Asset, or an income producing real estate asset.

Other Asset means any asset to which a Chargor has legal and/or beneficial title and which is not a Mortgaged Property (or any part thereof);