Definition of Portfolio Investments

  1. Portfolio Investments means the loans, other financial accommodations and all other Investments (including, for the avoidance of doubt, royalty and net profit interests), in each case, made in and/or to an Obligor and/or any group of related Obligors by the applicable Loan Party, including indirectly through a Tax Blocker Subsidiary (or a predecessor or assignor to the applicable Loan Party or Tax Blocker Subsidiary, as applicable), pursuant to and in accordance with the applicable Portfolio Investment Documents. All determinations of whether an investment or asset is to be included as a Portfolio Investment shall be determined on a trade date basis.

Examples of Portfolio Investments in a sentence

  1. The Borrower will not, nor will it permit any of its Subsidiaries (other than Financing Subsidiaries) to, acquire any business or property from, or capital stock of, or be a party to any acquisition of, any Person, except for purchases or acquisitions of Portfolio Investments and other assets in the normal course of the day-to-day business activities of the Borrower and its Subsidiaries and not in violation of the terms and conditions of this Agreement or any other Loan Document.
  2. Profit Sharing Percentage Applicable to Unfunded Portfolio Investments.

Definition of Portfolio Investments in Amended and Restated Credit Agreement

Portfolio Investments means Investments made by the Borrower in the ordinary course of business and consistently with practices existing on December 31, 2005 (as the same may be updated from time to time) in a Person that is accounted for under GAAP as a portfolio investment of the Borrower.


Definition of Portfolio Investments in Credit Agreement

Portfolio Investments means Investments made by the Borrower in the ordinary course of business and consistently with practices existing on December 31, 2006 (as the same may be updated from time to time) in a Person that is accounted for under GAAP as a portfolio investment of the Borrower.


Definition of Portfolio Investments in Term Loan and Security Agreement

Portfolio Investments means the loans, other financial accommodations and all other Investments (including, for the avoidance of doubt, royalty and net profit interests), in each case, made in and/or to an Obligor and/or any group of related Obligors by the applicable Loan Party, including indirectly through a Tax Blocker Subsidiary (or a predecessor or assignor to the applicable Loan Party or Tax Blocker Subsidiary, as applicable), pursuant to and in accordance with the applicable Portfolio Investment Documents. All determinations of whether an investment or asset is to be included as a Portfolio Investment shall be determined on a trade date basis.