Qualifying Assets definition

Qualifying Assets means a loan which satisfies the following criteria:-

Qualifying Assets means assets that generate “qualifying income” within the meaning of Section 7704(d) of the Code.

Qualifying Assets means any assets, including but not limited to Preferred Equity Interests and Excluded Real Estate Investments acquired by the Borrower or BRC or other subsidiaries in order for the exchange of Acceptable Securities for shares of the Borrower to be non-taxable.

Examples of Qualifying Assets in a sentence

• Nothing herein shall prohibit the Company from increasing the Special Member’s Percentage Interest in consideration for a de minimis amount of assets that are not Qualifying Assets purchased in connection with Coal Assets.

• The Trustee shall have no responsibility whatsoever to determine the value of such substituted securities or that such substituted securities constitute Qualifying Assets.

• The Borrower will not, and will not permit any Subsidiary to: (a) change its principal line of business; or (b) enter into any business not within the scope of Section 7.15 and the definition of Qualifying Assets; or (c) permit any material overall change in the management of the Borrower.

• Attach a complete listing showing companies and amount.Attach an audited financial statement and a completed Non-Insurance Entity Qualifying Assets form (FIS 0082) ......................................................

• Borrowing Costs that are directly attributable to the acquisition or construction of Qualifying Assets are capitalized as part of cost of such assets.

More Definitions of Qualifying Assets

Qualifying Assets means any and all assets directly owned by the Consolidated Subsidiaries that are Domestic Subsidiaries or Canadian Subsidiaries, other than (a) real property, including improvements thereto and fixtures, (b) aircraft and (c) investments in the Company or any of its Subsidiaries. The amount or value of any Qualifying Assets at any time shall be the book value thereof at such time determined in accordance with GAAP.

Qualifying Assets means and include any security that conforms with the criteria set forth in the Investment Guidelines.

Qualifying Assets means assets that are acquired by the Fund, BRC, BIC or other Subsidiaries in order for the exchange of contributed securities for Shares of the Fund to be non-taxable.

Qualifying Assets has the definition set forth in Article 10, Section 4(ii).

Qualifying Assets means and include any security listed by the Securities Valuation Office of the National Association of Insurance Commissioners and qualifying as an admitted asset under applicable Maryland law.

Qualifying Assets means assets that are qualifying assets within the meaning of OTA 1983;

Qualifying Assets means assets which qualify as admissible assets of the Reinsurer under statutory accounting principles and the Laws of the State of Pennsylvania.