Specified Asset definition

Specified Asset as defined in subsection 4.2.2 hereof.

Specified Asset means certain securities, real estate held for

Specified Asset means certain securities, real estate held for rental or investment, interests in partnerships, commodities, or options or derivatives contracts, except if at least 80 percent of the average fair market value of the specified assets of the partnership, S corporation, or other entity during the taxable year consists of real estate.

Examples of Specified Asset in a sentence

• The value calculated by multiplying the Principal Balance of each S&P CLO Specified Asset by the S&P Default Rate, then summing the total for the portfolio, and then dividing this result by the Aggregate Principal Balance of all of the S&P CLO Specified Assets.

• The value calculated by determining the number of years between the current date and the maturity date of each S&P CLO Specified Asset, then multiplying each S&P CLO Specified Asset’s Principal Balance by its number of years, summing the results of all S&P CLO Specified Assets, and dividing this amount by the Aggregate Principal Balance of all S&P CLO Specified Assets.

• The value calculated by multiplying the Principal Balance for each S&P CLO Specified Asset by the absolute value of the difference between the S&P Default Rate and the S&P Expected Portfolio Default Rate, then summing the total for the portfolio, then dividing this result by the Aggregate Principal Balance of the S&P CLO Specified Assets.

• For each S&P CLO Specified Asset, the assumed default rate contained within Standard & Poor’s default rate table (see “CDO Evaluator 6.3 Parameters Required To Calculate S&P Portfolio Benchmarks,” published Feb.

• The value calculated by determining the number of years between the current date and the maturity date of each S&P CLO Specified Asset, then multiplying each S&P CLO Specified Asset's Principal Balance by its number of years, summing the results of all S&P CLO Specified Assets, and dividing this amount by the Aggregate Principal Balance of all S&P CLO Specified Assets.

More Definitions of Specified Asset

Specified Asset means an asset of the Issuer or any Subsidiary over which security is given in connection with any limited recourse securitisation or other asset-backed financing; and

Specified Asset means Old Trafford Stadium and grounds and any real property related thereto.

Specified Asset means each asset, other than an IPO Date Intangible Asset, that is held by Holdings, or by any of its direct or indirect subsidiaries treated as a partnership or disregarded entity for purposes of the applicable Tax, at the time of an Exchange.

Specified Asset has the meaning set forth in the Private Placement Transfer Agreement.

Specified Asset means owned real property and patents, trademarks, trade names, copyrights and other intellectual property.

Specified Asset has the meaning specified therefor in the Side Letter.

Specified Asset means (a) any Equity Interest in any of the Borrowers (other than the Company), (b) any material intellectual property (including brandnames) owned by any of the foregoing Borrowers or (c) any other material business properties of any of the foregoing Persons (other than plants which have been determined by the applicable Person to be not needed in its business); provided, however, that notwithstanding the foregoing, any asset (including Equity Interests) of HDM which, together with all other assets of HDM or its subsidiaries previously sold, transferred or disposed of in the applicable fiscal year of the Company, comprises as of the date of such disposition less than 50% (in book value without regard to write-downs, other than with respect to write-downs of Inventory in the ordinary course of business) of the consolidated assets of HDM and its subsidiaries as of December 31 of the previous year shall not constitute a Specified Asset as of such date.