First Portfolio definition

First Portfolio means the portfolio of receivables purchased by the Issuer in the context of the First Securitisation.
First Portfolio means the first portfolio of Claims purchased on the Initial Execution Date by the Issuer pursuant to the terms and conditions of the Original Transfer Agreement.

Examples of First Portfolio in a sentence

  • PORTFOLIO MINIMUM FEES: The Portfolio Minimum Fees shall be as follows: First Portfolio: $125,000 Second Portfolio: $120,000 Each additional portfolio over two: $75,000 In addition, the Portfolio Minimum Fees shall be increased by $15,000 for each Class (not including the first Class) of any Portfolio established after the date hereof (beginning on the date such Class is initially funded.