Definition of Portfolio Investment

  1. Portfolio Investment means any Investment held by the Borrower and its Subsidiaries in their asset portfolio.

Examples of Portfolio Investment in a sentence

  1. For purposes of this Agreement, the Borrower shall assign each Portfolio Investment to an Industry Classification Group.

Definition of Portfolio Investment in Agreement

Portfolio Investment means any Investment held by the Borrower and its Subsidiaries in their asset portfolio.


Definition of Portfolio Investment in Revolving Credit Agreement

Portfolio Investment means any Investment held by the Obligors in their asset portfolio (and solely for purposes of determining the Borrowing Base, Cash).


Definition of Portfolio Investment in Senior Secured Revolving Credit Agreement

Portfolio Investment means any Investment held by the Obligors in their asset portfolio (and solely for purposes of determining the Borrowing Base, Cash). Without limiting the generality of the foregoing, the following Investments shall not be considered Portfolio Investments under this Agreement or any other Loan Document: (a) any Investment by an Obligor in any Subsidiary, Affiliate or joint venture of such Obligor or any Financing Subsidiary (including, for the avoidance of doubt, any Investment by an Obligor in an entity constituting a portfolio investment of such Obligor or an Affiliate of such Obligor); (b) any Investment that provides in favor of the obligor in respect of such Portfolio Investment an express right of rescission, set-off, counterclaim or any other defenses; (c) any Investment, which if debt, is an obligation (other than a revolving loan or delayed draw term loan) pursuant to which any future advances or payments to the Obligor may be required to be made by the Borrower; (d) any Investment which is made to a bankrupt entity (other than a debtor-in-possession financing and current pay obligations); and (e) any Investment, Cash or account in which a Financing Subsidiary has an interest or the lenders under a Capital Call Facility have a Lien.