Financed Portfolio definition

Financed Portfolio means, collectively, the portfolio of all Eligible Loans which constitute Pledged Loans and, at the time of determination, comprise the Borrowing Base except to the extent that, so long as no Default of Event of Default has occurred and is continuing, Borrower elects, by written notice to Agent, to exclude certain Eligible Loans from the Borrowing Base to satisfy, or to cure or prevent any noncompliance with, the provisions of Section 6.18, Section 7.19 or any other provisions hereof.
Financed Portfolio means, on any date of determination, all Eligible Receivables included within the calculation of the Borrowing Base as set forth in the most recently-delivered Borrowing Base Certificate delivered to Agent by Borrower.
Financed Portfolio means all Pledged Notes Receivable that are included as Collateral or previously were included as Collateral.

Examples of Financed Portfolio in a sentence

  • The remaining Previously Financed Portfolio Loans were originated by Access Group with funds received under the Indenture with respect to principal of the Financed Student Loans.

  • The Issuer (or the Investment Manager on its behalf) may not, without the consent of the Noteholders (by Extraordinary Resolution), enter into a HIAX Financing relating to the acquisition of a HIAX Financed Portfolio Investment.

  • Acquisition of Student Loan Portfolios Access Funding A-2 transferred the majority of the Previously Financed Portfolio Loans to Access Group on the date of issuance of the Series 2002-1 Notes.

  • If a Guarantee Agency fails to meet such standards, that Guarantee Agency’s ability to realize the benefits of federal reinsurance payments may be adversely affected.‌‌ SERVICING OF FINANCED STUDENT LOANS General The Additional Portfolio Loans are currently and have been since their origination (and, prior to their acquisition by Access Group, the Previously Financed Portfolio Loans were) serviced on behalf of Access Funding A-2 by Kentucky Higher Education Student Loan Corporation (“KHESLC”).

Related to Financed Portfolio

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

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Reference Portfolio means, the notional portfolio made up of each Reference Asset, as described in this Information Statement under “Reference Portfolio”.

  • Portfolio Asset means an asset of an investment fund;

  • Whole Loan As defined in the Introductory Statement.

  • Loan Asset means each commercial loan identified on Schedule A hereto, and each commercial loan identified on any Purchase Notice.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Financed Vehicle means an automobile or light-duty truck van or minivan, together with all accessions thereto, securing an Obligor’s indebtedness under the respective Receivable.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.