Definition of Portfolio Securities

  1. Portfolio Securities means, collectively, portfolio securities (i) designated as "trading investments" on the Borrower's consolidated financial statements, (ii) designated as "available for sale investments" on the Borrower's consolidated financial statements or (iii) otherwise designated as investments on the Borrower's consolidated financial statements, in each case valued at fair value in accordance with GAAP.

Examples of Portfolio Securities in a sentence

  1. State Street warrants that it has and will maintain at least the minimum qualifications required by Section 17(f)(1) of the 1940 Act in connection with acting as custodian of the Portfolio Securities of each BTC Recipient.

Definition of Portfolio Securities in Amended and Restated Credit Agreement

Portfolio Securities means, collectively, portfolio securities (i) designated as "trading investments" on the Borrower's consolidated financial statements, (ii) designated as "available for sale investments" on the Borrower's consolidated financial statements or (iii) otherwise designated as investments on the Borrower's consolidated financial statements, in each case valued at fair value in accordance with GAAP.