Account Portfolio Assets definition

Account Portfolio Assets means all of the following: (i) the Current Accounts or Subsequent Accounts, as the case may be, and (ii) the Customer Structure; provided, however, that the Account Portfolio Assets shall not include the Bankers Trust Company account numbered 0000000, collection account no. 11873, and any payments contained in such collection account.
Sample 1
Account Portfolio Assets means all of the following: (i) the Accounts; (ii) the Indebtedness; (iii) any and all rights to process such Accounts; (iv) the Account Documentation; (v) all rights and privileges accruing under the Account Documentation on and after the Cut-Off Time; and (vi) all rights with respect to the Related Contracts.
Sample 1

Examples of Account Portfolio Assets in a sentence

  • Important progress has been made in recent years: Today, 84 million more children and adolescents attend school than in 2000.

  • On the Closing Date, effective as of the Cut-Off Time, and subject to the terms and conditions of this Agreement, Bon-Ton shall sell, assign, and transfer to Bank, and Bank shall purchase from Bon-Ton for the Purchase Price, all of Bon-Ton's right, title, and interest in the Account Portfolio Assets as of the Cut-Off Time.

  • Upon each such transfer, Buyer will be vested with all of Gottschalks' right, title, and interest in and to the Account Portfolio Assets that relate to such Accounts free and clear of any lien, pledge, claim, security interest, encumbrance, charge, or restriction of any kind existing on the Account Portfolio Assets.

  • Cancel this RFP, in whole or in part at any time before the execution of a contract by the City, without incurring any cost, obligations or liabilities.

  • On the fifteenth day and last day of each calendar month after the Initial Closing Date, Gottschalks shall deliver to Buyer a Subsequent Closing Statement that shall calculate the Subsequent Purchase Price for the Account Portfolio Assets being transferred on each Closing Date after the Initial Closing Date for the prior semi-monthly period, which Subsequent Closing Statement shall be based on the best information available to Gottschalks as of each Cut-Off Time during such semi-monthly period.

  • Buyer agrees that it will conduct the conversion of Account Portfolio Assets onto its systems.

  • On the second Business Day prior to the Closing Date, Bon-Ton shall deliver to Bank a Preliminary Closing Statement that shall calculate the estimated Purchase Price for the Account Portfolio Assets being transferred on the Closing Date, which Preliminary Closing Statement shall be based on the information available to Bon-Ton prior to the Closing Date.

  • In addition, with respect to all Account Portfolio Assets, Buyer assumes and agrees to pay, perform in accordance with the terms of, and be bound by Seller's obligations that are to be performed after each Closing Date with respect to, the Accounts and under the Account Documentation, including without limitation, any Cross-Marketing Merchandise, whether or not arising after such Closing Date.

  • On the Initial Closing Date, effective as of the Cut-Off Time, and subject to the terms and conditions of this Agreement, each Seller shall sell, assign, and transfer to Buyer, and Buyer shall purchase from each Seller for the Initial Purchase Price, each Seller's entire right, title, and interest in the Account Portfolio Assets as of the Cut-Off Time.

  • Prior to the Closing Date, without the prior written consent of Bank, Bon-Ton shall not sell, lease, assign, transfer, encumber, or otherwise dispose of any of the Account Portfolio Assets except pursuant to this Agreement and in the ordinary course of Bon-Ton's business pursuant to the Program.

Related to Account Portfolio Assets

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Portfolio Asset means an asset of an investment fund;

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Portfolio Investments has the meaning set forth in the introductory section of this Agreement.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Portfolio Investment means any Investment held by the Borrower and its Subsidiaries in their asset portfolio.

  • Eligible Portfolio Investment means any Portfolio Investment held by any Obligor (and solely for purposes of determining the Borrowing Base, Cash and Cash Equivalents held by any Obligor) that, in each case, meets all of the criteria set forth on Schedule 1.01(d) hereto; provided, that no Portfolio Investment, Cash or Cash Equivalent shall constitute an Eligible Portfolio Investment or be included in the Borrowing Base if the Collateral Agent does not at all times maintain a first priority, perfected Lien (subject to no other Liens other than Eligible Liens) on such Portfolio Investment, Cash or Cash Equivalent or if such Portfolio Investment, Cash or Cash Equivalent has not been or does not at all times continue to be Delivered (as defined in the Guarantee and Security Agreement). Without limiting the generality of the foregoing, it is understood and agreed that any Portfolio Investments that have been contributed or sold, purported to be contributed or sold or otherwise transferred to any Financing Subsidiary, or held by any Financing Subsidiary, or which secure obligations of any Financing Subsidiary, shall not be treated as Eligible Portfolio Investments until distributed, sold or otherwise transferred to the Borrower free and clear of all Liens (other than Eligible Liens). Notwithstanding the foregoing, nothing herein shall limit the provisions of Section 5.12(b)(i), which provide that, for purposes of this Agreement, all determinations of whether an Investment is to be included as an Eligible Portfolio Investment shall be determined on a settlement-date basis (meaning that any Investment that has been purchased will not be treated as an Eligible Portfolio Investment until such purchase has settled, and any Eligible Portfolio Investment which has been sold will not be excluded as an Eligible Portfolio Investment until such sale has settled), provided that no such Investment shall be included as an Eligible Portfolio Investment to the extent it has not been paid for in full.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Mortgage Pool Assets (i) The Mortgage Loans (including all Substitute Mortgage Loans) identified on the Mortgage Loan Schedule, and all rights pertaining thereto, including the related Mortgage Notes, Mortgages, Cooperative Stock Certificates, Cooperative Leases, Security Agreements, Assignments of Proprietary Lease, and Recognition Agreements, and all Monthly Payments due after the Cut-Off Date and all other payments and distributions collected with respect to the Mortgage Loans on or after the Cut-Off Date; (ii) the Certificate Account, the Investment Account, and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iii) the Custodial Accounts for P&I and any Buydown Fund Account (to the extent of the amounts on deposit or other property therein attributable to the Mortgage Loans), and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iv) all property that secured a Mortgage Loan and that has been acquired by foreclosure or deed in lieu of foreclosure or, in the case of a Cooperative Loan, a similar form of conversion, after the Cut-Off Date; and (v) each FHA insurance policy, Primary Insurance Policy, VA guaranty, and other insurance policy related to any Mortgage Loan, and all amounts paid or payable thereunder and all proceeds thereof.

  • Receivables Pool means, at any time of determination, all of the then outstanding Receivables transferred (or purported to be transferred) to the Borrower pursuant to the Purchase and Sale Agreement prior to the Termination Date.

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.