Portfolio Assets definition

Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

Portfolio Assets means the portion of the net assets of the Portfolio managed by the relevant sub-adviser.

Examples of Portfolio Assets in a sentence

• In the six months prior to, as applicable, the Final Maturity Date or Extended Due for Payment Date, the Guarantor is obliged to sell Portfolio Assets for the best price reasonably available notwithstanding that such price may be less than the Adjusted Required Redemption Amount.

• There is no guarantee that a buyer will be found to acquire such Portfolio Assets at the times required and there can be no guarantee or assurance as to the price which may be able to be obtained, which may affect payments under the Covered Bond Guarantee.

• However, prior to the service of a Guarantor Acceleration Notice, the Portfolio Assets may not be sold by the Guarantor for less than an amount equal to the Adjusted Required Redemption Amount for the relevant Series of Covered Bonds until six months prior to: (i) the Final Maturity Date in respect of such Covered Bonds; or (ii) (if the same is specified as applicable in the applicable Final Terms) the Extended Due for Payment Date under the Covered Bond Guarantee in respect of such Covered Bonds.

• The Seller that assigned the relevant Portfolio Assets to the Guarantor will have a right of pre-emption to purchase such Portfolio Assets in the event the Guarantor wishes to or is required to sell such Portfolio Assets (see “Summary of the Principal Documents—Mortgage Sale Agreement—Right of pre-emption”).

• Risks related to the maintenance of the Covered Bond Portfolio The Asset Coverage Test and the Amortization Test are intended to ensure that the assets and cashflows of the Guarantor, including the Portfolio Assets and cashflows in respect thereof, will be adequate to enable the Guarantor to meet its obligations under the Covered Bond Guarantee following the occurrence of a Covered Bond Guarantee Activation Event.

More Definitions of Portfolio Assets

Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Large Cap Core (a “Strategy”).

Portfolio Assets shall have the meaning defined in Section 6.2(a) hereof.

Portfolio Assets means those financial or other investments or instruments that the Issuer purchases or originates from time to time (which will always constitute “financial assets” as described in s.110 of the Irish Taxes Consolidation Act 1997 (as amended)). 4. Periodic Return Payments The return on the Security (the “Periodic Return”) in respect of any Accrual Period will be an amount equal to all income and gains (including deemed gains) earned by the Issuer in respect of the assets and liabilities and related arrangements of the Issuer, less

Portfolio Assets means, at any time, as to any Borrower or the Guarantor, the following assets owned by such Person: (i) equity securities or interests (or options or warrants thereon) of any kind, (ii) debt securities or obligations (including loans or advances) of any kind, and (iii) any other Portfolio Investments.

Portfolio Assets means Loans and their Related Security;

Portfolio Assets means any assets or rights acquired, funded, held, managed, financed, syndicated or otherwise generated or disposed of in the Ordinary Course of Business, including, without limitation, loans, leases, inventory, equipment, intellectual property rights, securities and investment property (equity or otherwise), mortgages and instruments (negotiable or otherwise), receivables, trade payables or trade account receivables, and any other financial assets and the proceeds and products of the foregoing.

Portfolio Assets means all (a) Underlying Portfolio Assets (in each case, that are purchased by, acquired by or otherwise transferred from a third party to, the Parent Guarantor or any of its Restricted Subsidiaries pursuant to a purchase agreement or any other sale or investment agreement) in which the Parent Guarantor or any of its Restricted Subsidiaries has either a beneficial ownership interest or legal ownership (whether such ownership is in whole or in part) and (b) Right to Collect Accounts.