Portfolio Asset definition
Portfolio Asset means an asset of an investment fund;
Portfolio Asset means an asset of a mutual fund;
Portfolio Asset. Any asset owned or serviced by the Originator (including each Asset). For the avoidance of doubt, the term Portfolio Asset shall not include any asset owned and/or serviced solely by one or more Affiliates of the Originator (but not by the Originator); provided that (i) such asset shall not have been originated or acquired by the Originator and (ii) such asset shall not be included in the consolidated financial statements of the Originator.
Examples of Portfolio Asset in a sentence
The indemnification and advancement obligations of the Company generally and the Series to an Indemnified Party with respect to any indemnifiable amounts shall be reduced by any indemnification payments actually received by such Indemnified Party from any of the Corporate Group Members or any potential, current or former Portfolio Asset with respect to the same indemnifiable amounts.
More Definitions of Portfolio Asset
Portfolio Asset means any “Portfolio Investment” (as defined in the Operating Agreement) directly held by the Borrower, including, without limitation, any equity interests of the Borrower in any Portfolio Company (as defined in the Operating Agreement).
Portfolio Asset means each Asset acquired (or committed to be acquired) by the Borrower hereunder, in each case, which shall satisfy the Eligibility Requirements as of the related Acquisition Date.
Portfolio Asset means any “Asset” as defined in the Indenture, including, for the avoidance of doubt, the Asset. “Related Documents” has the meaning specified in the Indenture. “Rent Payments” means all payments of basic rent under a Lease that are payable in respect of periods specified under such Lease. “Secured Obligations” means, inter alia, all obligations owed to the Secured Parties by each Issuer Group Member and by each Obligor, as more particularly defined and described in the Security Trust Agreement. “Secured Party” has the meaning specified in the Security Trust Agreement. “Security Deposits” means any cash deposits and other collateral provided by, or on behalf of, a Lessee to secure the obligations of such Lessee under a Lease. “Security Trust Agreement” has the meaning specified in the preliminary statements to this Agreement and is attached hereto as Schedule 2. “Security Trustee” has the meaning specified in the recital of parties to this Agreement. “Subsidiary” means, as to any Person, a corporation, partnership, limited liability company or other entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership, limited liability company or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly through one or more intermediaries, or both, by such Person. “Trust Agreement” means the Amended and Restated Trust Agreement No. [_], dated as of [__________], between the Grantor and [__] (as successor to _____________). “Trust Estate” has the meaning specified in the Trust Agreement. “Trustee” means USB, in its capacity as trustee under the Indenture. “Utilization Rent” means any payment (including any use payment) under a Lease that is based on the usage of the Portfolio Asset subject to such Lease or which is based on, or in respect of which, the Lessor under a Lease may be obligated to reimburse the Lessee under such Lease for specified maintenance activities with respect to such Portfolio Asset. 122 [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request. SCHEDULE 1 MORTGAGE AND SECURITY AGREEMENT MORTGAGE COLLATERAL [“Airframe” means one (1) [__________] model [__________] aircraft bearing manufacturer’s serial number [_____]...
Portfolio Asset means any “Asset” as defined in the Indenture, including, for the avoidance of doubt, the Asset.
Portfolio Asset means any asset acquired by the Company generally or a Series, including, for the avoidance of doubt, any Asset-Backed Instrument.
Portfolio Asset. Any Loan (or a Participation Interest therein) held by the Issuer.
Portfolio Asset means each of the investments or assets of the Company or its Subsidiaries identified on Schedule 1 attached hereto.