Restricted Assets definition

Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.
Restricted Assets means those assets the uses of which are restricted, wholly or partially, by regulations or other externally imposed requirements”, e.g. reserves set aside for specific purposes.
Restricted Assets has the meaning set forth in Section 5.5(b)(i).

Examples of Restricted Assets in a sentence

  • Restricted Assets Restricted assets include cash and investments of the proprietary fund that are legally restricted as to their use.

  • The composition of this equates to Current Assets minus Current Liabilities less Cash Assets that have restrictions on their use placed on them, in this case Reserves and Restricted Assets.

  • Restricted AssetsRestricted assets include assets that are legally restricted as to their use.

  • Restricted Assets - Restricted assets include assets that are legally restricted as to their use.

  • The composition of this equates to Current Assets minus Current Liabilities less Cash Assets that have restrictions on their use placed on them, in this case Reserves, Restricted Assets and Trust.


More Definitions of Restricted Assets

Restricted Assets has the meaning specified in Section 2.01(b).
Restricted Assets means assets typically involving a penalty for early withdrawal, such as IRA accounts, KEOGH accounts, 401(k) accounts, employee retirement accounts, and other deferred tax protected assets involving a penalty for early withdrawal.
Restricted Assets shall have the meaning set forth in Section 2.3(a).
Restricted Assets shall have the meaning ascribed to such term in Section 3.3 hereof.
Restricted Assets means an asset the use of which is restricted wholly or partly by a law made or a requirement imposed outside of the control of the local government. Where the restriction is relevant to assessing the performance, financial position or financing and investment of the local government.
Restricted Assets means (a) the Collateral and (b) the Restricted Real Properties.
Restricted Assets has the meaning set forth in the New Omnibus Agreement.