Outstanding Portfolio definition

Outstanding Portfolio means the outstanding principal balance of all of the Company’s outstanding Client Loans including current, delinquent and restructured Client Loans, but not Client Loans that have been charged off. It does not include interest receivables and accrued interest.
View Source
Outstanding Portfolio means all Finance Contracts purchased from an Affiliate of Snap-on or the Company by Newcourt or any of Newcourt's Affiliates; provided, however, that such term shall not include * . As the Annual Operating Plan provides for new financing programs, such programs may have different risk and loss parameters and different yield expectations and will be managed to take into account such parameters and to meet these expectations. If, for any reason, an Annual Operating Plan has not been adopted and approved by the Board of Directors for any particular Fiscal Year by the beginning of that Fiscal Year, then, until so adopted and approved, the business activities of the Company during such Fiscal Year shall be conducted pursuant to the prior Fiscal Year's Annual Operating Plan. In addition to the Annual Operating Plan, the Board of Directors shall adopt, approve and amend, as appropriate, a Credit, Collections and Operations Manual, and such other operating policies for the Company as it deems necessary. The Board of Directors may from time to time amend the then current Annual Operating Plan or Credit, Collections and Operations Manual. ----------------- * Indicates that material has been omitted and confidential treatment has been requested therefor. All such omitted material has been filed separately with the SEC pursuant to Rule 24b-2.
View Source

Examples of Outstanding Portfolio in a sentence

  • The Collateral Manager Fee, if any, will be calculated based on the Net Outstanding Portfolio Balance for such Payment Date to the extent funds are available as of the first day of the applicable Interest Accrual Period.

  • The Collateral Management Fee will be calculated based on the Net Outstanding Portfolio Balance as of the first day of the applicable Interest Accrual Period.

  • With respect to any Collateralized Debt Offering for which a Subsidiary Guarantor is collateral manager pursuant to a Management Agreement, the Net Outstanding Portfolio Balance (or some similarly defined term) of such Collateralized Debt Offering, as determined pursuant to the trustee report issued on a quarterly basis, or if not yet produced, as determined pursuant to the indenture or other governing document applicable to the Collateralized Debt Offering.

  • The Collateral Management Fee shall be calculated based on the Net Outstanding Portfolio Balance as of the first day of the applicable Interest Accrual Period.

  • The Class G-XS Subcomponent shall have a reference balance from time to time equal to the Aggregate Outstanding Portfolio Balance minus the Aggregate Outstanding Amount of all Classes of Notes (other than the Class G Notes) (the “Class G-XS Reference Amount”).

  • The Collateral Manager Fee, if any, will be calculated based on the Net Outstanding Portfolio Balance for such Payment Date to the extent funds are available as of the first day of the applicable Interest Accrual Period and shall be payable only in accordance with the Priority of Payments.

  • The Company shall set in accordance with GAAP a credit loss reserve which is intended to provide for future expected or estimated credit losses on the Outstanding Portfolio (the "Credit Loss Reserve").

  • Net Outstanding Portfolio Balance - With respect to any Collateralized Debt Offering for which Borrower or a Subsidiary Guarantor is collateral manager pursuant to a Management Agreement, the Net Outstanding Portfolio Balance (or some similarly defined term) of such Collateralized Debt Offering, as determined pursuant to the trustee report issued on a quarterly basis, or if not yet produced, as determined pursuant to the indenture applicable to the Collateralized Debt Offering.

  • The Collateral Management Fee will be calculated based on the Net Outstanding Portfolio Balance and the Aggregate Class A-1R Undrawn Amount (without duplication) as of the first day of the applicable Interest Accrual Period.

  • The Collateral Manager Fee, if any, will be calculated based on the Net Outstanding Portfolio Balance for such Payment Date to the extent funds are available as of the first day of the applicable Interest Accrual Period and shall be payable only to the extent funds are available in accordance with the Priority of Payments.