Portfolio Company definition
Portfolio Company means the issuer or obligor under any Portfolio Investment held by any Obligor.
Portfolio Company means any Person in which any Fund owns or has made, directly or indirectly, an investment.
Portfolio Company. Any company that is controlled by the Collateral Manager, an Affiliate thereof, or an account, fund, client or portfolio established and controlled by the Collateral Manager or an Affiliate thereof.
Examples of Portfolio Company in a sentence
For all purposes of this Section 5.13, for purposes of calculating the debt to EBITDA ratio of any Portfolio Company that has a negative EBITDA at the time of determination, the debt to EBITDA ratio of such Portfolio Company shall be deemed to be 7.00:1.00.
For the avoidance of doubt, Letters of Credit may be issued to support obligations of any Portfolio Company; provided that the underlying obligations of such Portfolio Company to the applicable Obligors in respect of such Letters of Credit shall not be included in the Borrowing Base.
Base Contract Expenses 0.95%1,2 2.75%1,2 Portfolio Company fees and expenses 0.47%3 1.39%3 1 As a percentage of average Account Value.
More Definitions of Portfolio Company
Portfolio Company means an entity in which the investment fiduciary has invested or has considered investing system assets.
Portfolio Company means an entity in which an investment fiduciary has made or considered an investment on behalf of a public university or college.
Portfolio Company means an entity in which an investment fiduciary has made or considered an investment on behalf of the investment fund.
Portfolio Company with respect to any Investment, any Person that is the issuer of any equity securities, equity-related securities or obligations, debt instruments or debt-related securities or obligations (including senior debt instruments, including investments in senior loans, senior debt securities and any notes or other evidences of indebtedness, preferred equity, warrants, options, subordinated debt, mezzanine securities or similar securities or instruments) that are the subject of such Investment. Portfolio Companies do not include Subsidiaries.
Portfolio Company means a corporation or other issuer, any of whose securities are owned or held by an alternative investment vehicle or the Board and any subsidiary of such corporation or other issuer.
Portfolio Company means, with respect to any Person, a “portfolio company” (as such term is customarily used among institutional investors), or any entity controlled by any “portfolio company”, of such Person or one of its Affiliates.
Portfolio Company means any Person in which any Fund owns an Investment.