Portfolio Asset definition

Portfolio Asset means an asset of an investment 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.

Portfolio Asset means an asset of a mutual fund;

Examples of Portfolio Asset in a sentence

• For the purposes of the Portfolio Management Agreement, the purchase price of any Portfolio Asset that is a Synthetic Security shall include the principal amount of any Synthetic Collateral required to be posted.

• For the purposes of the Portfolio Management Agreement, the purchase price of any Portfolio Asset that is Synthetic Collateral shall include the principal amount of any Synthetic Collateral required to be posted.

• The Bank further agrees that a Borrower may elect at any time to change between the two types of Excess Credit arrangements during the currency of the Portfolio Asset and/or Subsidised Advance.

• Such prepayments are to be applied by the Bank at the direction of the Borrower to reducing the principal and interest outstanding under the Borrower’s Specified Portfolio Asset and/or Subsidised Advance without penalty to the Borrower.

• If prior to the completion of that one month period the Bank gives the Commonwealth notice that it intends to take action to enforce its security with respect to that Specified Portfolio Asset then the Commonwealth shall continue to pay Subsidy until the Bank has discharged its loan, or for three (3) months, whichever is the earlier.

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 any “Asset” as defined in the Indenture.

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 is defined in Section 1.4.

Portfolio Asset. Any loan or bond owned or serviced by the Company (including each Loan).

Portfolio Asset. Any Loan (or a Participation Interest therein) held by the Issuer.

Portfolio Asset means each Asset acquired (or committed to be acquired) (but excluding Assets that have been (i) sold or (ii) transferred in connection with an Approved CLO Takeout) by a Borrower Party hereunder, in each case which shall satisfy the Eligibility Requirements as of the related Acquisition Date.