Translation of "Sole asset" in German

Instead of disposing of its holdings in Société Méditerranéenne d’Investissements et de Participations, SNCM may sell this company’s sole asset, the Southern Trader, and close down this subsidiary.

They are forced to rebuild their lives with their sole remaining asset: a small town named Schitt's Creek, which they had bought their son as a joke birthday gift back in 1991.

In order to acquire the Cobalt Lake Copper /Cobalt Property, X-Terra entered into a share purchase agreement for all of the issued and outstanding shares of a private corporation whose sole asset is the Cobalt Lake Copper /Cobalt Property.

Since then, business tax has been based solely on fixed assets.

The herds are often the sole assets of the dislodged settlers.

For Italy, this flexibility would be highly valuable for the beneficiary companies as these could have opted to realign the sole assets being depreciable and not those whose sale gave rise to non-exempt gains.

According to the Finanzamt and the German Government, under that provision the Federal Republic of Germany is entitled to reserve the benefit of assessment under the special procedure solely to assets situated within its territory.

Companies whose sole or main assets are controlling shareholdings should in principle not be admitted to trading

Need for rules on groups' bankruptcies The EU should require national authorities, responsible for the admission to trading on regulated markets, not to admit holding companies whose sole or main assets are their shareholding in another listed company, unless the economic value of such admission is clearly demonstrated.

In the two fiscal years after the transformation the successor generates income or sales revenue in at least one of the activities pursued by the predecessor company, except if it is terminated without succession within two fiscal years, or if the predecessor’s activity related solely to asset management.

We therefore recommend that the EU require the authorities in Member States, responsible for the admission to trading on regulated markets, not to admit to trading holding companies whose sole or main assets are their shareholding in another listed company.

In the two fiscal years after the transformation the successor generates income or sales revenue in at least one of the activities pursued by the predecessor company, except if it is terminated without succession within two fiscal years, or if the predecessor's activity related solely to asset management.

For the purposes of paragraph 1, secure, low-risk assets are asset items falling into one of the categories set out in Table 1 of point 14 of Annex I to Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions [10] for which the specific risk capital charge is no higher than 1,6 %, but excluding other qualifying items as defined in point 15 of that Annex.For the purposes of paragraph 1, secure, low-risk assets are also units in an undertaking for collective investment in transferable securities (UCITS) which invests solely in assets as specified in the first subparagraph.

The private company owns all of the outstanding shares of Idaho Cobalt Company whose sole assets are 58 unpatented lode mining claims, totalling 1,160 acres, that are contiguous with STM's Iron Creek Project (the " Property ").

As such, an entity's risk management objectives do not focus solely on existing assets, but also on what will happen to interest income when new assets are originated and when assets mature and the proceeds are reinvested.Whether or not future transactions arising from reinvestment can be designated as part of the asset profile (assuming they meet the qualifying criteria) depends in part on the time horizon set by the entity in its risk management objective.For example, assume an entity's target is to reprice after five years.