Consolidated Assets definition
Examples of Consolidated Assets in a sentence
The Company will not at any time permit Priority Debt to exceed an amount equal to 20% of Consolidated Assets.
Consolidated Assets and Liabilities of Financial Institutions 42 5.
The Issuer and the Guarantors shall not (and each of the Issuer, HoldCo and PropCo shall ensure that no other member of the Group (excluding the REIT Trustee) will) incur any Financial Indebtedness if Borrowings would exceed 50% of Total Consolidated Assets (or any such higher percentage which the REIT Code may permit) as a result of such incurrence.
Margin stock does not constitute more than 5% of the value of the Consolidated Assets of the Company and its Subsidiaries and the Company does not have any present intention that margin stock will constitute more than 5% of the value of such assets.
The Plan is intended to be unfunded and to provide supplemental pension benefits to certain highly paid employees of TBC and its subsidiaries.