Passive Asset definition

Passive Asset means any asset that produces passive income or that is held for the production of passive income for purposes of the PFIC Provisions taking into account the facts and circumstances that will exist immediately after the Closing.
Sample 1

Examples of Passive Asset in a sentence

  • Furthermore, it was showed that Si supplementation ameliorated the adverse effects of NaCl on plants growth, biomass, and oxidative stress by increasing the content of proline and cytokinin (Zhu et al., 2020).

  • Passive Asset Transactions, LLC Provident Funding Associates, L.P. All Provident Warehouse Notes, including, without limitation, that certain Servicing Facility Promissory Note, dated as of June 14, 2007, and issued by Provident Funding Associates, L.P. in favor of RFC.

  • The Passive Asset Detection System (PADS) is used to collect banners on host services and uses Wireshark for GUI based packet analysis.The SGUIL tool is a system consisting of three components: a sensor, server, and client.

  • Heemskerk, and Jan Fichtner, The New Mandate Owners: Passive Asset Managers and the Decoupling of Corporate Ownership, CPI ANTITRUST CHRON.

  • Highlights included the following new projects: FCA9 ($2.064 million); Enhance Control Room Flat Panel Displays ($169,000); and Financial Assurance Business Intelligence Integration ($150,000); and Passive Asset Data Repository ($78,900).

  • RFC Asset Holdings II, LLC By: Name: Title: Passive Asset Transactions, LLC By: Name: Title: * Form to be amended from time to time by agreement of the parties.

  • Active and Passive Asset AllocationActive or passive strategies will be determined for all investment mandates.

  • Default: Passive Asset Management.• Replicate a market-weighted stock market index, i.e. buy the stocks in the index in the index propor- tions.Participate in the world economy like everybody else.

  • Securities Accounts Account Owner Financial Institution Account Number Account Name Passive Asset Transactions, LLC Citibank, N.A. Acc.

  • Trenching with a skid mounted jet xxxxxx will not penetrate the soil within 50 meters of the Passive Asset.

Related to Passive Asset

  • Passive NFFE means any NFFE that is not (i) an Active NFFE, or (ii) a withholding foreign partnership or withholding foreign trust pursuant to relevant U.S. Treasury Regulations.

  • Passive NFE Under the CRS a “Passive NFE” means any NFE that is not an Active NFE. An Investment Entity located in a Non-Participating Jurisdiction and managed by another Financial Institution is also treated as a Passive NFE for purposes of the CRS.

  • Passive RFID tag means a tag that reflects energy from the reader/interrogator or that receives and temporarily stores a small amount of energy from the reader/interrogator signal in order to generate the tag response. The only acceptable tags are EPC Class 1 passive RFID tags that meet the EPCglobal\TM\ Class 1 Generation 2 standard.

  • Passive investor means a person that:

  • Unladen vehicle means a vehicle without a driver, or passenger, and unladen, but with its fuel tank full and its normal complement of tools;

  • Multi-family dwelling means a structure that contains more than one separate dwelling unit, which is used, or occupied, or intended to be used or occupied, in whole, or in part as the home or residence of one or more persons.

  • Loose-fitting facepiece means a respiratory inlet covering that is designed to form a partial seal with the face.

  • All-terrain vehicle means either of the following:

  • Tight-fitting facepiece means a respiratory inlet covering that forms a complete seal with the face.

  • Nonresident student means every nonresident person who is enrolled as a full-time student in an

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • Laden vehicle means, except where otherwise stated, a vehicle so laden as to attain its "maximum mass".

  • Nonresident decedent means a decedent who was domiciled in another jurisdiction at the time of his or her death.

  • Through lot means a property bounded on two opposite sides by two or more streets;

  • Substantial U.S. Market Interest means “substantial U.S. market interest” as that term is defined in Regulation S;

  • Qualified incubator facility means a commercial building

  • Multi-family housing means a building or structure that is designed to house two (2) or more different households in separate housing Units which have full kitchen facilities including oven/range, refrigerator, kitchen sink with hot and cold water supply and food storage facilities and at least one (1) full bathroom facility(s), one (1) full bedroom and one (1) living area (including a combination thereof such as studio arrangements).

  • School vehicle means any school bus, school van, other school vehicle and private vehicle used to transport students or staff members to and from school or any school-sponsored activity or event.

  • All-terrain type I vehicle means the same as that term is defined in Section 41-22-2.

  • Participating Marriage and Family Therapist means a Marriage and Family Therapist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Public Vehicle means a Person whose securities are listed and traded on a national securities exchange and shall include a majority owned subsidiary of any such Person or any operating partnership through which such Person conducts all or substantially all of its business.

  • Non-Participating Marriage and Family Therapist means a Marriage and Family Therapist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Company IT Assets means any and all computers, computer software, source code, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines and all other information technology systems and equipment, and all associated documentation owned by the Company or any of its Subsidiaries or licensed or leased to the Company or any of its Subsidiaries (excluding any public networks).

  • All-terrain type II vehicle means the same as that term is defined in Section 41-22-2.

  • Zero-emission vehicle means a motor vehicle that is exclusively propelled by electricity or hydrogen from an external source.