Portfolio Quality definition
Examples of Portfolio Quality in a sentence
Profit and loss reports will be included in the monthly Portfolio Quality Review, substantially in the format attached as Schedule I to this Exhibit D.
In addition, the Issuer shall use its commercially reasonable efforts to acquire such Collateral Obligations that shall satisfy, as of the end of the Ramp-Up Period, the Concentration Limitations, Portfolio Quality Test and the Par Value Ratio Tests.
The Balanced Portfolio combines an Equity Portfolio (Quality Growth or Quality 250™) with a Fixed Income Portfolio, incorporating the philosophy of each objective.
The following tables reconcile the managed portfolio measures presented in "- Managed Portfolio Quality" and "Selected Consolidated Financial Data" (dollars in thousands): September 30, 2003: Delinquencies ------------------------------------------------------------------------------------------------------------------------- Amount % ----------------- On-balance sheet loan and lease receivables...........................................
Minimum Average Portfolio Quality: AA- Rating Minimum Issue Quality: Baa3; max 5% below A- Minimum Commercial Paper Quality: A2/P2 Should an issue be downgraded below these minimums, the Manager will determine the appropriate action (sell or hold) based on the perceived risk and expected return.
See "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Managed Portfolio Quality -- Deferment and Forbearance Arrangements" for information regarding the impact of these arrangements on our operations.
Portfolio Quality Standards Risk can change after a loan is originated, however, the overall level of higher risk, adversely classified loans are kept within the following standards established by the Board.
See "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Securitizations -- Trigger Management," "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Managed Portfolio Quality" and "Business -- Lending Activities." For the three months ended September 30, 2003, we repurchased delinquent loans with an aggregate unpaid principal balance of $16.3 million from securitization trusts primarily for trigger management.
Profit and loss reports will be included in the monthly Portfolio Quality Review, substantially in the format attached as Schedule F.
Investment Portfolio Quality as discussed in Section 5.16 of the Restated Revolving Credit Agreement is COVENANT REQUIREMENT - Must maintain an average fixed income portfolio rating of A.