Article 10
Criteria for the assessment of the market for potential buyers
For the purposes of Article 21(2), point (a), of Regulation (EU) 2015/760, the manager of an ELTIF shall assess all of the following elements for each asset in which the ELTIF invests:
whether one or more potential buyers are present in the market;
whether the manager of the ELTIF, based on an assessment conducted with due skill, care and diligence at the time of the completion of the itemised schedule referred to in Article 21(1) of Regulation (EU) 2015/760, expects potential buyers to be dependent on external financing for buying the asset concerned;
where there are no immediate buyers for an asset, the length of time likely to be necessary to find one or more buyers for that asset;
the specific maturity profile of the asset;
whether the manager of the ELTIF, based on an assessment conducted with due skill, care and diligence at the time of the completion of the itemised schedule referred to in Article 21(1) of Regulation (EU) 2015/760, expects the following risks to materialise:
risks associated with legislative changes that could affect the market for potential buyers;
political risks that could affect the market for potential buyers;
whether the elements referred to in points (a) and (b) may be adversely impacted during the disposal period by overall economic conditions in the market or markets relevant to the asset.