Underlying Portfolio definition

Underlying Portfolio means the portfolio Underlying Assets or Unsettled Purchase Assets, as applicable, owned by the Borrower or Committed to be owned by the Borrower from time to time.
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Underlying Portfolio means the aggregate of the Underlying Securities which correspond to an Instalment Receipt held by a Holder in his or her Facility.
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Underlying Portfolio means each of the five separate underlying portfolios initially comprising the Portfolio, namely the East Coast Performance Portfolio, the Marret High Yield Hedge Portfolio, the Marret Investment Grade Hedge Portfolio, the RCM Special Situations Portfolio and the WARATAH Income Portfolio.
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Examples of Underlying Portfolio in a sentence

  • The Custodian shall identify on its books as belonging to the Portfolios the foreign securities and other financial assets held by each Eligible Foreign Custodian or Foreign Securities System and shall provide such information, including a record of securities held by each Underlying Portfolio and such Underlying Portfolio’s respective interest therein, to a Portfolio and such other persons as a Portfolio may designate.

  • R.U.V.P. stands for “Reference Underlying Portfolio Value” which is updated at 15-second intervals during trading hours.

  • R.U.P.V stands for “Reference Underlying Portfolio Value” which is updated at 15-second intervals during trading hours.

  • Liquidity of the Underlying Portfolio of Investments The investments of private equity funds are generally in unlisted companies.

  • Each of the Multi- Manager has full discretion to acquire and dispose of and otherwise manage the assets of an Underlying Portfolio always in compliance with the Sub-Fund investment policy, the Prospectus and the Management Regulation.

  • If this happens, the interest costs incurred by you may exceed the returns available from your Underlying Portfolio.

  • The Underlying Portfolio was established in and carries out its operations in Canada.

  • The Underlying Portfolio is generally financed through the capital invested by the Fund, along with other investors, which entitles investors to a proportionate share of the Underlying Portfolio’s net assets.The Fund does not provide additional financial or other support to the Underlying Portfolio.

  • Underlying Portfolio ManagersThe Portfolio Manager will be responsible for: A.

  • Underlying Portfolio Characteristics of Senior Obligations, Second Lien Loans and Mezzanine ObligationsThe Portfolio Profile Tests provide that, as of the Effective Date, at least 90.0 per cent.


More Definitions of Underlying Portfolio

Underlying Portfolio means the portfolio of Collateral Obligations (including Unsettled Sale Assets) or Unsettled Purchase Assets, as applicable, owned by the Borrower Entities or Committed to be owned by the Borrower Entities f rom time to time. “Unfunded Exposure Amount” means on any date of determination, with respect to any Delayed Drawdown Collateral Obligations or Revolving Collateral Obligation, the aggregate amount (without duplication) of all unfunded commitments (the funding of which is subject only to the satisfaction of customary conditions to borrowing for delayed draw or revolving credit facilities (as applicable) including accuracy of representations and warranties made by the related obligor, satisfaction of certain f inancial covenants and the absence of any default or event of default under the Underlying Instruments) pursuant to such Collateral Obligations. “Unfunded Reserve Account” means the account maintained pursuant to Section 6.3(d). “Unfunded Reserve Account Shortfall” has the meaning specif ied in Section 6.3(d). “Unfunded Reserve Required Amount” means, with respect to each Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation included in the Collateral, the greater of : (I) the Dollar Equivalent of an amount equal to: (i) the aggregate sum of the Unfunded Exposure Amount in respect of all such Delayed Drawdown Collateral Obligations and Revolving Collateral Obligation, minus (ii) the Unfunded Exposure Amount in respect of each such Delayed Drawdown Collateral Obligation or Revolving Collateral Obligation included in the Collateral times the Asset Current Price of such Delayed Drawdown Collateral Obligation or Revolving Collateral Obligation (expressed as percentage of par) times the Advance Rate then in ef fect for such Delayed Drawdown Collateral Obligation or Revolving Collateral Obligation; and (II) the excess, if any, of (x) the sum of the Unfunded Exposure Amount and the Loan Amount (Revolver) over (y) the Adjusted Maximum Facility Amount (Revolver). provided that af ter the Availability Period (Revolver) or upon the occurrence of an Event of Default, the Unfunded Reserve Required Amount shall equal the Unfunded Exposure Amount. “Unrestricted Cash” means “Unrestricted Cash” or any comparable term in the Underlying Instruments for any Collateral Obligation, and in any case that “Unrestricted Cash” or such comparable term is not defined in such Underlying Instruments, all cash available for use for general corporate purposes...
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Underlying Portfolio means a management “investment company” (as defined in Section 3(a)(1) of the 1940 Act or series of an investment company (as so defined)) that is registered under the 1940 Act whether in the same “group of investment companies” (as defined in Section 12(d)(1)(G)(ii) of the 1000 Xxx) or otherwise (including investment pursuant to Section 12(d)(1)(F) of the 1940 Act), the shares of which are held by the Fund or by a Portfolio of the Fund.
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Underlying Portfolio means Managed Futures Portfolio when used in connection with Horizons HMF, and Broad Commodity Portfolio when used in connection with Horizons HBR;
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Underlying Portfolio means a portfolio which comprises both senior secured European loans (“CRE Loans”) and senior, second lien and mezzanine loans typically used to fund leveraged buyout transactions (“Leveraged Loans”) that comply with the investment parameters set out in Section I of the Listing Memorandum (each as defined below and together, the "Reference Loans") and any other assets permitted in accordance with the Investment Guidelines described in Section I of the Listing Memorandum. The weighted average life of the Underlying Portfolio is 3 years and 8 months from June 2015.
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Related to Underlying Portfolio

  • Selling Portfolio has the meaning specified in Section 2.10;

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Purchasing Portfolio has the meaning specified in Section 2.10;

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • Portfolio Asset means an asset of an investment fund;

  • underlying interest means, for a derivative, the security, commodity, financial instrument, currency, interest rate, foreign exchange rate, economic indicator, index, basket, agreement, benchmark or any other reference, interest or variable, and, if applicable, the relationship between any of the foregoing, from, to or on which the market price, value or any payment obligation of the derivative is derived, referenced or based; and

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Proposed Portfolio The portfolio of Collateral Obligations and Eligible Investments resulting from the proposed purchase, sale, maturity or other disposition of a Collateral Obligation or a proposed reinvestment in an additional Collateral Obligation, as the case may be.

  • Delinquent Loan Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Reference Portfolio Return means on any day, the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio.

  • Reference Portfolio means, the notional portfolio made up of each Reference Asset, as described in this Information Statement under “Reference Portfolio”.

  • Renewable Portfolio Standard or “RPS” means a state or federal law, rule or regulation that requires a stated amount or minimum proportion or quantity of electricity that is sold or used by specified persons to be generated from Renewable Energy Sources.

  • Mortgage Loan Group Either Group I or Group II.

  • CMSA Delinquent Loan Status Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Delinquent Loan Status Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.