Examples of Protected Asset in a sentence
The right of Securitiesholders and other Secured Creditors of any Compartment to participate in the assets of the Issuer is limited to the Underlying Assets of such Compartment as further described on page 12 in the paragraph entitled 'Securitisation Law and Limited Recourse' in the section 'Information Relating to Purple Protected Asset'.
In the event that the Company restructures the terms of a Protected Asset during the Protection Period for such Protected Asset and the Stated Maturity Date of such Protected Asset is not extended pursuant to such restructuring, the Borrower under such Protected Asset shall nevertheless be deemed to have defaulted when it fails to pay any scheduled principal payment due with respect to such Protected Asset pursuant to the terms of the Existing Loan Documents for such Protected Asset.
In 1986 he was the first Delaware Torch Run Director to benefit Special Olympics where he interacted with police departments all over the state coordinating the Run.
The Partnership (and any other partnership(s) through which the Partnership holds any Protected Asset) shall maintain an election under Section 754 of the Code (i.e., optional adjustment to basis of partnership property) for each Partnership taxable year through the end of the Partnership taxable year which includes the first date as of which all Protection Periods have terminated.
The gross sales proceeds realized by the Company from the sale of any Protected Asset during such calendar month where the Seller consented to such sale pursuant to Section 5.2.2 hereof and the amount, if any, that Seller is required to pay pursuant to Section 5.2.2 hereof with respect to such sale(s), which information shall be provided on an asset-by-asset basis.
The parties hereto recognize and agree that it is in their mutual interest that the Acquiror and the Company be permitted to use, and the Acquiror and the Company hereby agree that they intend to use, commercially reasonable efforts to minimize the occurrence of any Protected Asset Payment Defaults, minimize the amount of any Defaulted Payment Amounts and maximize Recoveries with respect to the Protected Assets.
The Company and the Acquiror hereby agree to cooperate with the Seller and its appraiser with respect to any such appraisal, including by providing the Seller and its appraiser with access to the property or properties being appraised to the extent permitted under the Loan Documents for the relevant Protected Asset and by requesting the Obligors under the Loan Documents for the relevant Protected Asset to provide the Seller and its appraiser with access to the property or properties being appraised.
For the avoidance of doubt, the sum of the Cash Purchase Price and the Protected Asset Amount cannot exceed $350,000,000.
As of the date of this Agreement, complete and correct copies (including all material amendments, modifications, extensions or renewals with respect thereto) of all material Entergy Guarantees and/or related Contracts have been provided to ITC.
So long as the Unrecovered Amount exceeds the Deductible, in the event any Interest Payment Default occurs in respect of any Protected Asset during the Protection Period with respect to such Protected Asset, the Seller shall pay to the Company, in accordance with Section 2.6.1 below, an amount equal to fifty percent (50%) of the amount of the Defaulted Interest Amount related to such Interest Payment Default.