Examples of Qualifying Asset in a sentence

Qualifying Asset is one that necessarily takes substantial period of time to get ready for intended use.
A Qualifying Asset is an Asset that necessarily requires a substantial period of time to get ready for its intended use or sale.
These comments are being considered during completion of the Final EIS.
At such time as the aggregate Net Sale Proceeds from all Qualifying Asset Sales pursuant to Section 8.02(f)(ii) or Section 8.02(g) exceed $15,000,000 during the period from and after the Closing Date through and including the date of determination, then any Net Sale Proceeds from Qualifying Asset Sales in excess of such amount shall be used 50% to repay the outstanding Loans and 50% to repay outstanding Indebtedness under the Revolving Credit Loan Agreement.
The monies in the Islamic Trust Account may only be released by the Custodian upon acquisition of a Qualifying Asset or termination of the Islamic Trust Account.

More Definitions of Qualifying Asset

Qualifying Asset in relation to any project means:

Qualifying Asset means an asset other than—

Qualifying Asset means a loan disbursed by MFI, which satisfies the following criteria:

Qualifying Asset means an asset that is registered in accordance with a scheme made under article 39 of the Exchange Control Act or article 11 of the External Transactions Act;

Qualifying Asset means a qualifying asset within the meaning of Section 110 of the Taxes Act;

Qualifying Asset means any asset shown on the qualifying tax- payer’s books and records on December 31, 2000, in accordance with generally accepted accounting principles, including the cost of, or any portion of the cost of, any asset acquired after December 31, 2000, where such asset was acquired as a result of a tax-free or tax-deferred exchange of a qualifying asset. See R.C. section 5733.0510(A)(3).

Qualifying Asset has the meaning given to that term in clause 16.2.1;