Principal Asset definition

Principal Asset means each of the Xxxx Massachusetts Project and, from and after the Xxxx Las Vegas Reorganization, the Xxxx Las Vegas Resort and the Encore at Wynn Las Vegas.
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Principal Asset means any asset which is necessary to enable the licensee to undertake its licensed Electricity Activities in accordance with the Law, the Implementing Regulations and/or this licence.
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Principal Asset means principal asset in which REIT is able to invest under rules as prescribed in the Notification of the Capital Market Supervisory Board concerning the Issuance and Offer for Sale regarding Units of Real Estate Investment Trust.
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Examples of Principal Asset in a sentence

  • The information given in this article represents the views of Principal Asset Management Berhad (“Principal Malaysia”) or based on data obtained from sources believed to be reliable by Principal Malaysia.

  • Transaction Charges –In accordance with SEBI Circular No. Cir/ IMD/ DF/13/ 2011 dated August 22, 2011, Principal Asset Management Pvt.

  • The company manages regional investment activities for the Principal Asset Management group of companies.

  • The Issuer shall use commercially reasonably efforts to direct the seller pursuant to each Principal Asset Sale to transfer or cause to be transferred the Net Proceeds of such Principal Asset Sale to the Issuer.

  • During the period ending on the first anniversary of the date of this Indenture, the Issuer shall deliver, or cause to be delivered, within 30 days after its receipt thereof from time to time, Net Proceeds of any Asset Sale that is not a Principal Asset Sale to the disbursing agent of the Issuer pursuant to the Plan, for distribution to Class 3 claimants in accordance with the provisions of the Plan.

  • The foregoing provisions of this Article 5 shall not apply to any Principal Asset Sale or Principal Asset Sales.

  • In September 2005, he joined CCB Principal Asset Management Co., Ltd.

  • I/We further confirm that I/we have the express authority from the relevant constitution to invest in the units of the Scheme and the Principal Asset Management Private Limited (Formerly known as Principal Pnb Asset Management Company Private Limited), its Trustee and the Mutual Fund would not be responsible if the investment is ultra vires the relevant constitution.

  • The Banks and the Bank Agent acknowledge and agree that upon a Principal Asset Sale any Liens of the Banks on any assets or equity interests being sold in such Principal Asset Sale shall be released, provided that Net Proceeds of such Principal Asset Sale are applied to the Bank Credit Facility Obligations in accordance with the provisions of Section 3.09 of the Indentures.

  • Principal Asset Management Private Limited has been appointed as the Asset Management Company of the Principal Mutual Fund by the Trustee vide Investment Management Agreement (IMA) dated November 25, 1994 executed between Trustee and AMC.


More Definitions of Principal Asset

Principal Asset means each of the Wynn Massachusetts Project and, from and after the Xxxx Las Vegas Reorganization, the Xxxx Las Vegas Resort and the Encore at Xxxx Las Vegas.
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Principal Asset means principal asset in which REIT is able to invest under rules as prescribed in Notification of the Office of the Securities and Exchange Commission concerning the Issuance and Offer for Sale of Units regarding Real Estate Investment Trusts.
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Principal Asset means each of the Wynn Massachusetts Resort and the Xxxx Las Vegas Resort and the Encore at Xxxx Las Vegas.
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Principal Asset means: (a) any asset of the Borrower or any Subsidiary of the Borrower, other than an asset that the Board of Directors of the Borrower reasonably determines (such determination being made prior to the incurrence of any Lien thereon or any sale and lease-back transaction with respect thereto) is not of material importance to the business conducted by the Borrower and its Subsidiaries, taken as a whole; and (b) any other asset of the Borrower or any Subsidiary of the Borrower having an aggregate net book value of $50,000,000 or more; provided that in any event (x) all current assets of the Borrower and its Subsidiaries shall be Principal Assets and (y) all capital stock of the Borrower's Subsidiaries shall be Principal Assets.
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Related to Principal Asset

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.