Protected Assets bears the meaning ascribed thereto in Section 19.5(a)(i);
Protected Assets means assets that are designated as excluded or not taken into account upon determination of long-term care medicaid eligibility described in WAC ((388- 513-1315)) 182-513-1315. The protected or excluded amount is up to the dollar amount of benefits that have been paid for long-term care services by the qualifying long-term care part- nership policy on the medicaid applicant's or client's behalf. The assets are also protected or excluded for the purposes of estate recovery described in chapter ((388-527)) 182-527 WAC, in up to the amount of benefits paid by the qualifying policy for medical and long-term care services.
Protected Assets bears the meaning ascribed thereto in Section 15.7(a);
Examples of Protected Assets in a sentence
Protected Assets shall be immune from any enforcement, attachment, execution or other legal process in any jurisdiction and the Project Company hereby agrees not to commence any enforcement, attachment, execution or other legal process in respect of any of the Protected Assets in any jurisdiction regardless of whether the Protected Assets are entitled to immunity in such jurisdiction.
It would be expected that such "Protected Assets" (excluded from the waiver of immunity provisions) would include (i) military property and (ii) consular and diplomatic property.
More Definitions of Protected Assets
Protected Assets has the meaning set forth in Section 7.2(a).
Protected Assets means (1) any real property held in trust in the name of the United States or subject to restrictions against alienation by the United States for the benefit of Company or Tribe and all improvements, fixtures and accessions to such property, (2) real property and all improvements, fixtures and accessions to such real property used for tribal housing, health or general governmental services, (3) any Permitted Tax Payments, (4) any accounts (including money, securities or assets credited thereto) held in escrow or pursuant to a fiduciary obligation on behalf of, or for the benefit of, one or more Persons other than a Tribal Party and (5) any asset against which it would be a violation of federal law, state law or the Compact to enforce remedies.
Protected Assets means (i) any assets of the Tribe, or any instrumentality or subsidiary of the Tribe against which it would be a violation of federal law, applicable state law or the Compact to encumber or to enforce remedies hereunder; (ii) any real property held in trust in the name of the United States or subject to restrictions against alienation by the United States for the benefit of Authority or Tribe and all improvements, fixtures and accessions to such property; (iii) any deposit or securities account of the Tribe or any instrumentality or subsidiary of the Tribe, and any money, securities or other assets credited thereto, in each case (a) held for the purpose of collecting and disbursing funds for payroll, medical insurance, worker’s compensation claims and other purposes related thereto, (b) held in escrow or pursuant to a fiduciary obligation on behalf of, or for the benefit of, one or more Persons other than the Authority or a Guarantor, (c) held for contract health or social services under federal laws or contracts, or (d) held pursuant to, or pursuant to the lien of, any indenture or loan agreement of the Tribe, or such instrumentality or subsidiary evidencing or securing indebtedness of the Tribe or the instrumentality or subsidiary; (iv) any assets of the Tribe employed in the provision of governmental services (including real property and related improvements, fixtures and accessions used for tribal housing, health care, education, museum or general governmental services) or containing or constituting materials of cultural significance; (v) any ownership interest in Tribal Gaming; and (vi) any account receivable in respect of or other entitlement to Government Services Payments (but not, for the avoidance of doubt, any receipts or proceeds of such account receivable or entitlement to the extent otherwise constituting an Eligible Asset).
Protected Assets means the Grid System, Heat Network, the electric generation assets and equipment owned by any Public Sector Entity (excluding the Plant), the electric distribution assets and such other assets agreed by the Parties;
Protected Assets means, collectively, (i) any interests in real property held in trust by the United States of America or the Commonwealth for the benefit of the Tribe, and any improvements, fixtures or accessions to such property, (ii) any assets against which it would be a violation of federal law or state law for the City to enforce remedies, (iii) any assets belonging to or held in trust for individual members of the Tribe, including assets credited to trust accounts for minors or legally incompetent persons, (iv) assets credited to any special revenue funds which are subject to restrictions in connection with the administration of any state or federal grants or programs by the Tribe, (v) any assets used in connection with the provision of customary governmental services by the Tribe, such as those related to health, safety and welfare, (vi) any assets that can only be legally owned by an Indian tribe, and (vii) Permitted Distributions made in accordance with this Agreement.
Protected Assets means the assets specified in the Key Information Table.