Sensitive Asset definition

Sensitive Asset means (i) a Loan Obligation, or a portion thereof, or (ii) a real property or other interest (including, without limitation, an interest in real property) resulting from the conversion, exchange, other modification or exercise of remedies with respect to a Loan Obligation or portion thereof, in either case, as to which the Loan Obligation Manager has determined, based on an Opinion of Counsel, could give rise to material liability of the Issuer (including liability for taxes) if held directly by the Issuer.
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Sensitive Asset. Means (i) a Collateral Interest, or a portion thereof, or (ii) a real property or other interest (including, without limitation, an interest in real property) resulting from the conversion, exchange, other modification or exercise of remedies with respect to a Collateral Interest or portion thereof, in either case, as to which the Collateral Manager has determined, based on an Opinion of Counsel, could give rise to material liability of the Issuer (including liability for taxes) if held directly by the Issuer.
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Sensitive Asset. (a) A Mortgage Asset, or a portion thereof, or (b) a real property or other interest (including, without limitation, an interest in real property) resulting from the conversion, exchange, other modification or exercise of remedies with respect to a Mortgage Asset or portion thereof, in either case, as to which the Holder of the Class B Notes has determined, based on written advice of counsel, could give rise to material liability of the Issuer or its direct or indirect beneficial owners (including liability for taxes) if held directly by the Issuer.
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Examples of Sensitive Asset in a sentence

  • Identify variables such as principal amount, maturity date/ re pricing date, coupon rate, yield, frequency and basis of interest calculation for each item/ category of Rate Sensitive Asset/ Rate Sensitive Liability (RSA/ RSL).

  • DBH measures the interest rate risk by calculating maturity gap between Risk Sensitive Asset (RSA) and Risk Sensitive Liabilities (RSL) i.e. a positive maturity gap affects company’s profitability positively with the increment of interest rate and a negative maturity gap affects company’s profitability adversely with the increment of interest rate.

  • These risks are quantified in the Rate Sensitive Asset and Liability Gap Analysis Report (the “Gap Analysis Report”).

  • In this concept, only HTM portfolio (Banking Book) should be considered under the Investment subhead of Rate Sensitive Asset (RSA), whereas the AFS & HFT portfolio (Trading Book) should be treated as Non sensitive.

  • Do nothing (perhaps interest rates will rise or be stable).Interest Sensitive Asset <the bank´s net interest margin willii.

  • Committee members agreed to compile a list of companies that could deal directly with Wall Street instead of having to go through another party to do so.

  • Reichenstein, Tax Efficient Saving and Investing, TIAA CREF Institute (February 2006).Tax Sensitive Asset Location After asset allocation has been completed, the investor needs to spread the assets across the taxable accounts, tax-deferred accounts (e.g., traditional IRAs and 401(k) plans) and tax-exempt accounts (e.g., Roth IRAs and Roth 401(k) accounts) to minimize total taxes.

  • In theory, the ALMA structure of Islamic banks, on the other way around, should produce a "duration and convexity" that is close to zero (risk neutral) as to create stability in net profit of the bank.The use of margin (rate of profit) in long-term fixed assets of Islamic banks in the Murabaha product massively, has create the negative gap of structure of the balance sheet (Rate Sensitive Asset / Liability Rate Sensitive < 0) or also called positive net refinancing.

  • Figure 5.1 Analyst Steenhausen also summarized how funding is allocated to community colleges.

  • An analysis of gap that occurs due to interest rate changes is done by calculating the difference between RSA and RSL, which is formulated as follows:Gap = RSA - RSL,Where:RSA = Rate Sensitive Asset (in Indonesian Rupiah, IDR) RSL = Rate Sensitive Liabilities (in IDR)This calculation is to classify between banks that have a positive gap with a negative gap.


More Definitions of Sensitive Asset

Sensitive Asset. Means (i) a Mortgage Asset, or a portion thereof, or (ii) a real property or other interest (including, without limitation, an interest in real property) resulting from the conversion, exchange, other modification or exercise of remedies with respect to a Mortgage Asset or portion thereof, in either case, as to which either (A) the Collateral Manager has determined, based on the advice of nationally recognized counsel (independent of the Collateral Manager), could give rise to a material liability of the Issuer (including liability for taxes) if held directly by the Issuer or (B) the Special Servicer has determined that the related Mortgaged Property is uninhabitable as a result of the circumstances contemplated by Section 3.10(g) of the Servicing Agreement.
Sample 1
Sensitive Asset means (i) a Mortgage Loan, or a portion thereof, or (ii) a real property or other interest (including, without limitation, an interest in real property) resulting from the conversion, exchange, other modification or exercise of remedies with respect to a Mortgage Loan or portion thereof, in either case, which the Servicer has determined pursuant to the Servicing Agreement, which may be based on an Opinion of Counsel, could give rise to material liability of the Issuer or the Intermediate Trust (including liability for taxes) if held directly by the Issuer or the Intermediate Trust.
Sample 1
Sensitive Asset. Means (i) a Collateral Interest, or a portion thereof, or (ii) a real property or other interest (including, without limitation, an interest in real property) resulting from the conversion, exchange, other modification or exercise of remedies with respect to a Collateral Interest or portion thereof, in either case, as to which the Servicer or the Special Servicer has determined, based on the advice of nationally recognized counsel (independent of the Servicer or Special Servicer, as applicable) that could give rise to a material liability of the Issuer (including liability for taxes) if held directly by the Issuer.
Sample 1
Sensitive Asset means (i) a Mortgage Loan, or a portion thereof, or (ii) a real property or other interest (including, without limitation, an interest in real property) resulting from the conversion, exchange, other modification or exercise of remedies with respect to a Mortgage Loan or portion thereof, in either case, as to which (1) the Collateral Manager has determined, based on an Opinion of Counsel, could give rise to material liability of the Issuer (including liability for taxes) if held directly by the Issuer or (2) the Collateral Manager is required by the Parent REIT to sell to a Permitted Subsidiary.
Sample 1

Related to Sensitive Asset

  • Sensitive property means property potentially dangerous to the public safety or security if stolen, lost, or misplaced, or that shall be subject to exceptional physical security, protection, control, and accountability. Examples include weapons, ammunition, explosives, controlled substances, radioactive materials, hazardous materials or wastes, or precious metals.

  • sensitive area means any of the following—

  • Competitively Sensitive Information means non-public information and data specific to a utility customer which the utility acquired or developed in the course of its provision of utility services. This includes, without limitation, information about which customers have or have not chosen to opt out of community choice aggregation service. (See D.97-12-088, App. A, Part I.D.)

  • Sensitive Information means controlled unclassified information of a commercial, financial, proprietary, or privileged nature. The term includes technical data and computer software, but does not include information that is lawfully, publicly available without restriction.

  • Environmentally sensitive area means any area in which plant or animal life or their habitats are either rare or especially valuable because of their special nature or role in an ecosystem and which could be easily disturbed or degraded by human activities and developments.

  • DXC Sensitive Information means DXC Confidential Information, Intellectual Property, PHI, DXC Customer data, and Personal Information.

  • Safety-sensitive position means a job, including any supervisory or management position, in which an impairment caused by drug or alcohol usage would threaten the health or safety of any person.

  • Contractor Sensitive Information means any information provided by the Contractor to the Authority (disregarding any protective marking or assertion of confidentiality) which: is specified as Contractor Sensitive Information in Schedule 7 and has not lost its sensitivity according to the justifications and durations set out in that Schedule; and is exempt information pursuant to sections 33(1) or 36, 38 or 39 of FOISA (having regard for that purpose to the public interest there might be in disclosing such information as referred to in section 2(1)(b) of FOISA).

  • Price Sensitive Information means any information which relates, directly or indirectly, to a company and which if published is likely to materially affect the price of securities of the company.

  • Environmentally Sensitive Material means oil, oil products and any other substance (including any chemical, gas or other hazardous or noxious substance) which is (or is capable of being or becoming) polluting, toxic or hazardous;

  • Commercially Sensitive Information means the Information (i) listed in the Commercially Sensitive Information Schedule; or (ii) notified to the Authority in writing (prior to the commencement of this Contract) which has been clearly marked as Commercially Sensitive Information comprised of information:

  • Sensitive Personal Information or “SPI” means the information categories listed at Tex. Bus. & Com. Code § 521.002(2).

  • Productive Assets means assets (including assets of a referent Person owned directly or indirectly through ownership of Capital Stock) of a kind used or useful in the Cable Related Business.

  • Contractor Commercially Sensitive Information means the information listed in the Contractor Commercial Sensitive Information Annex to the Contract being information notified by the Contractor to the Authority which is acknowledged by the Authority as being commercially sensitive information.

  • Receiving property means a lot or parcel within which

  • Sensitive Personal Data * means personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data, data concerning health, an individual’s sex life or sexual orientation and an individual’s criminal convictions.

  • Safety-sensitive function means a job function or duty where a Covered Employee either:

  • Sensitive Data means information that is protected against unwarranted disclosure, to include Personally Identifiable Information (PII), Protected Health Information (PHI) or other private/confidential data, as specifically determined by the State. Sensitive Data includes information about an individual that (1) can be used to distinguish or trace an individual‘s identity, such as name, social security number, date and place of birth, mother‘s maiden name, or biometric records; (2) is linked or linkable to an individual, such as medical, educational, financial, and employment information; (3) falls within the definition of “personal information” under Md. Code Ann., Com. Law § 14-3501(d); or (4) falls within the definition of “personal information" under Md. Code Ann., State Govt. § 10-1301(c).

  • Contaminated site means a site where there is a confirmed presence, caused by man, of hazardous substances of such a level that they pose a significant risk to human health or the environment taking into account current and approved future use of the land;

  • Sensitive Services means those services that (i) require access to Customer/Consumer Information, (ii) relate to the State’s computer networks, information systems, databases or secure facilities under circumstances that would permit modifications to such systems, or (iii) involve unsupervised access to secure facilities (“Sensitive Services”).

  • Commercially Sensitive Information Schedule means the Schedule containing a list of the Commercially Sensitive Information.

  • Unpublished price sensitive information or UPSI means any information, relating to a company or its securities, directly or indirectly, that is not generally available which upon becoming generally available, is likely to materially affect the price of the securities and shall, ordinarily including but not restricted to, information relating to the following: –

  • Unpublished Price Sensitive Information (UPSI means any information, relating to a Company or its Securities, directly or indirectly, that is not generally available which upon becoming generally available, is likely to materially affect the price of Securities of the Company and shall, ordinarily include but not be restricted to, information relating to the following:

  • Fugitive emission means those emissions that could not reasonably pass through a stack, chimney, vent, or other functionally-equivalent opening.

  • protected species means any of the following animals:

  • Unpublished Price Sensitive Information means any information, relating to a company or its securities, directly or indirectly, that is not generally available which upon becoming generally available, is likely to materially affect the price of the securities and shall, ordinarily including but not restricted to, information relating to the following: –