Receivership Assets definition

Receivership Assets means the assets, monies, securities, properties, real and personal, tangible and intangible, of whatever kind and description, wherever located, and the legally recognized privileges (with regard to the entities), of the Defendants and all entities they own or control.
Receivership Assets means and includes any Asset of any Receivership
Receivership Assets shall have the meaning given in the Recitals.

Examples of Receivership Assets in a sentence

  • The MOU also recognizes that “[a]ll sales of Receivership Assets, including Forfeited Receivership Assets, must comply with the provisions set forth in the Receivership Orders.” Id. After the Receiver sells a property subject to forfeiture, the Receiver will transfer the net proceeds to the USMS for deposit in the Department of Justice Asset Forfeiture Fund.

  • According to the MOU, “[t]he Receiver has sole discretion to decide the logistics of the sale of the Forfeited Receivership Assets, on the terms and in the manner the Receiver deems most beneficial to the Receivership Estate and with due regard to the realization of the true and proper value of such property.” Doc.

  • C.), and to issue subpoenas, bring legal actions, and pursue, resist, and defend all suits and legal proceedings concerning the Receivership Assets (id., ¶ 5.

  • B.), to take necessary and appropriate actions for the preservation of Receivership Assets or to prevent the dissipation or concealment of those Assets (id., ¶ 5.

  • The Receiver believes that the Receivership Assets include causes of action against certain third parties.


More Definitions of Receivership Assets

Receivership Assets means all assetsin any form or of any kind whatsoever—owned, controlled, managed, or possessed by Faulkner and/or the Receivership Entities.
Receivership Assets has the meaning given to it in clause 16.1 (Appointment of Receiver);
Receivership Assets means all assets of the Receivership Defendants that have or
Receivership Assets also expressly means and includes any asset of the
Receivership Assets means all assets of the Receivership Defendants that have or will be collected by the Receiver.
Receivership Assets has the meaning given to it in clause 9.1 (Appointment).
Receivership Assets means the Assets identified in Section VI.C of this Order and all Assets of the Entity Defendants, including: (a) any Assets of the Entity Defendants currently in the possession of the Receiver; (b) all the funds, property, premises, accounts, documents, mail, and all other Assets of, or in the possession or under the control of, the Entity Defendants, wherever situated, the income and profits therefrom, all sums of money now or hereafter due or owing to the Entity Defendants, and any other Assets or property belonging or owed to the Entity Defendants; (c) any Assets of the Entity Defendants held in Asset protection trusts; (d) any reserve funds or other accounts associated with any payments processed on behalf of any Entity Defendant, including such reserve funds held by a payment processor, credit card processor, or bank; and (e) any proceeds from the sale of such Assets, except those Assets the sale of which the Receiver determines will not add appreciably to the value of the estate.