Special Assets definition

Special Assets means (a) the Capital Stock or assets of RCN Corporation and Commonwealth Telephone Enterprises, Inc. (and any intermediate holding companies or other entities formed solely for the purpose of owning such Capital Stock or assets) owned, directly or indirectly, by Parent or any Restricted Subsidiary on the Measurement Date, and (b) any Property, other than cash, Cash Equivalents and Telecommunications/IS Assets, received as consideration for the disposition after the Measurement Date of Special Assets (as contemplated by the first proviso in Section 1016).
Special Assets means capital assets that constitute utility or non-utility plant and that: (1) taking into account any substantially contemporaneous or otherwise related sale, transfer, lease or other disposition, increase the generating capacity of the System or any generating plant of the Borrower by more than 5%; (2) are not subject to the lien of the Indenture and are not nuclear fuel; or (3) are not used or useful as a part of the System.
Special Assets means (a) the Capital Stock or assets of Cable Michigan, Inc., RCN Corporation, Commonwealth Telephone Enterprises, Inc., KCP, Inc. and California Private Transportation Company, L.P. (and any intermediate holding companies or other entities formed solely for the purpose of owning such Capital Stock or assets) owned, directly or indirectly, by the Company or any Restricted Subsidiary on the Measurement Date, and (b) any Property, other than cash, Cash Equivalents and Telecommunications/IS Assets, received as consideration for the disposition after the Measurement Date of Special Assets (as contemplated by the first proviso in Section 1016).

Examples of Special Assets in a sentence

  • Mr. Tahir Yaqoob Bhatti Mr. Tahir Yaqoob Bhatti has over 30 years of diverse experience in Retail, Commercial, Corporate, Operations, Special Assets Management and Digital Banking.

  • If you file bankruptcy you must send us notice, including your account number and all information related to the proceeding to the following address: First Commonwealth, Attn: Special Assets, P.O. Box 400, Indiana, PA 15701.

  • Any Net Available Proceeds from an Asset Disposition not applied in accordance with paragraph (b) within 330 days (or, in the case of a disposition of Special Assets identified in clause (a) of the definition thereof in which the Net Available Proceeds exceed $500,000,000, 510 days) from the date of the receipt of such Net Available Proceeds shall constitute “Excess Proceeds.” The Borrower shall apply such Excess Proceeds to the extent and in the manner required by Section 2.05.

  • Other portfolios display minimal non-linearity owing to their limited responsiveness to macroeconomic impacts for structural reasons such as significant collateralisation, as with the Retail Bankingmortgage portfolios.Credit-impaired assets managed by Group Special Assets Management (GSAM) incorporate forward-looking economic assumptions in respect of the recovery outcomes identified and are assigned individual probability weightings.

  • Once a borrower starts to exhibit credit deterioration, it will move along the credit grading scale in the performing book and when it is classified as CG12 the credit assessment and oversight of the loan will normally be performed by Group Special Assets Management (GSAM).


More Definitions of Special Assets

Special Assets means a capital asset, or series of related capital assets, with an aggregate purchase price in excess of $20.0 million that enhances the competitiveness or productivity of the business of the Company and its Subsidiaries or is required so that the Company and its Subsidiaries will be able to remain in compliance with all material requirements of applicable law."
Special Assets means a capital asset, or series of related capital assets, with an aggregate purchase price in excess of $20.0 million that enhances the competitiveness or productivity of the business of AK Steel and its Subsidiaries or is required so that AK Steel and its Subsidiaries will be able to remain in compliance with all material requirements of applicable law.
Special Assets means rights of every kind and nature in and to literary, trademark, service xxxx, literary property, personal property, photograph, name, likeness, character, motion picture, musical, dramatic or other literary material of any kind or nature upon which, in whole or in part, any item of Product is or may be based or from which it is or may be adapted or inspired, or which may be or have been used or included in such item of Product, including, without limitation, the screenplays therefor and all other scripts, scenarios, screenplays, bibles, scores, treatments, novels, outlines, books, play titles, characters, concepts, manuscripts, music, musical compositions, and sound and related rights and copyrights of every kind or nature in such literary or music property, in whatever state of completion, and all drafts, versions and variations thereof, and merchandising and licensing rights therefor, including, without limitation, in trademarks.
Special Assets means all property other than cash and publicly traded securities held in the Account.
Special Assets shall have the meaning assigned to such term in Section 2.1(c)(ii) hereof.
Special Assets means securities which are being held for the purpose contemplated in section 4.7.
Special Assets has the meaning given thereto in Section 2.4 hereof.