Subject Asset definition

Subject Asset has the meaning set forth in Section 2.1.

Subject Asset means any of the Subject Assets.

Subject Asset means each (i) Asset, the assignment, transfer, conveyance or delivery of which to the Buyer without Consent would constitute a breach or other contravention of Law or any Contract and (ii) other Asset related to or necessary for the operation of, or performance of obligations with respect to any of the foregoing and which the Parties have determined is inadvisable or impractical to assign, transfer, convey or deliver prior to such other Subject Asset.

Examples of Subject Asset in a sentence

The Asset Representations Reviewer will ensure that these systems allow for each Subject Asset and the related Review Materials to be individually tracked and stored as contemplated by this Agreement.
Following the delivery of the list of the Subject Assets and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the Asset Representations Reviewer if a Subject Asset has been paid in full by the Dealer or reassigned to, or purchased by, the Depositor or NMAC according to the Transaction Documents.
For an Asset Review, the Asset Representations Reviewer will perform for each Subject Asset the procedures listed under “Tests” in Schedule A for each representation and warranty (each, a “Test”), using the Review Materials listed for each such Test in Schedule A.
The Asset Representations Reviewer will only be required to perform the testing procedures listed under “Tests” in Schedule A, and will have no obligation to perform additional procedures on any Subject Asset or to provide any information other than a Review Report indicating for each Subject Asset whether there was a Test Pass or a Test Fail for each Test, or whether the Subject Asset was a Test Complete and the related reason.
However, the Asset Representations Reviewer may provide additional information about any Subject Asset that it determines in good faith to be material to the Review.

Subject Asset shall have the meaning set forth in Section 8.2(a).

Subject Asset means, in respect of any Subject Disposition, the Asset disposed in such Subject Disposition.

Subject Asset means the 49% interest as is currently lawfully owned by Party B in New Culture

Subject Asset and "Subject Assets" have the respective meanings ascribed to such terms in Section 2(b) hereof.

Subject Asset. The meaning specified in the definition of “Drop Down Asset.”

Subject Asset means, in respect of a Specified Securitization Program, the ownership and other proprietary interests in vehicles, equipment, vehicle leases, equipment leases, financial and other assets acquired by the Securitization Counterparty from a Pride Entity pursuant to the Specified Securitization Program and which are identified by reference to a vehicle or other equipment listed in the applicable Subject Asset Schedule for the Specified Securitization Program, in each case as such asset exists and in respect of which the relevant Pride Entity has possession and control as of the date of this Order, together with all proceeds thereof, including related insurance proceeds and buyout proceeds, and “Subject Assets” in respect of the Specified Securitization Program means and includes each such Subject Asset.

Subject Asset means, in respect of any Subject Disposition, the Asset disposed in such Subject Disposition. [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request. Confidential Treatment Requested: Information for which confidential treatment has been requested is omitted and is noted with asterisks. An unredacted version of this document has been filed separately with the Securities and Exchange Commission.