Review of Portfolio Investments Sample Clauses

Review of Portfolio Investments. (a) Two (2) Business Days prior to each Interest Payment Date, or on such other date as the Administrative Agent may reasonably request, the Company shall provide information related to the Portfolio Investments, including financials and such other information as the Administrative Agent shall reasonably request, to the Administrative Agent. In addition, on the 15th day of each calendar month, or the preceding Business Day if such 15th day is not a Business Day, commencing in June 2015, and upon request by the Administrative Agent, the Company shall cause the Investment Manager to provide reports relating to the Portfolio Investments by such means as mutually agreed upon by the Administrative Agent and the Investment Manager. Upon receipt by the Company of any information related to the Portfolio Investments, the Company shall make reasonable efforts to provide such information to the Administrative Agent on the 25th of each calendar month or, if such day is not a Business Day, the next Business Day.
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Review of Portfolio Investments. (a) Two (2) Business Days prior to each Interest Payment Date, or on such other date as the Administrative Agent may reasonably request, the Company shall provide information related to the Portfolio Investments, including financials and such other information as the Administrative Agent shall reasonably request, to the Administrative Agent. If the Company receives any other information related to a Portfolio Investment (whether during a month in which an Interest Payment Date falls or otherwise), the Company shall make reasonable efforts to promptly provide such information to the Administrative Agent. In addition, on the 20th day of each calendar month, commencing in November 2016, and upon request by the Administrative Agent, the Company shall cause the Investment Manager to provide reports relating to the Portfolio Investments by such means as mutually agreed upon by the Administrative Agent and the Investment Manager.
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Review of Portfolio Investments. The Company (or the Investment Manager on its behalf), acting in good faith and in a commercially reasonable manner, may dispute the Market Value of some or all of the Portfolio Investments. By no later than 10:00 a.m., New York City time, on the Business Day immediately following the related date of determination, the Company may (x) obtain an Independent Bid from at least two Independent Broker-Dealers or (y) with respect to up to three Portfolio Investments per calendar quarter, engage a Nationally Recognized Valuation Provider, at the expense of the Company, to provide a valuation of the applicable Portfolio Investment and submit evidence of such valuation to the Administrative Agent; provided that the Company may not dispute the Market Value of the same Portfolio Investment under both clause (x) and clause (y)
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Review of Portfolio Investments. The Company (or the Investment Manager on its behalf), acting in good faith and in a commercially reasonable manner, may dispute the Market Value of some or all of the Portfolio Investments subject to the conditions set forth in this Section 1.05. By no later than 10:00 a.m., New York City time, on the Business Day immediately following the related date of determination, the Company may (x) with respect to any Broadly Syndicated Portfolio Investment, obtain an Independent Bid from at least two Independent Broker-Dealers or (y) with respect to up to three Portfolio Investments per calendar quarter that are not Broadly Syndicated Portfolio Investments, (I) engage a Nationally Recognized Valuation Provider, at the expense of the Company, to provide a valuation of the applicable Portfolio Investment and submit evidence of such valuation to the Administrative Agent or (II) obtain an Independent Bid from at least two Independent Broker-Dealers. Upon satisfaction of clause (x) or clause (y) above (subject, in the case of clause (x), to the terms of the immediately succeeding paragraph), the value established will be the Market Value for the applicable Portfolio Investment from and after (but not earlier than) delivery of notice of such value to the Administrative Agent; provided that, on any date other than the date on which a Market Value was established under clause (x) or clause (y) above, the Administrative Agent may determine in good faith and in a commercially reasonable manner that the Market Value for the applicable Portfolio Investment has changed, in which case the Administrative Agent may determine another Market Value (in accordance with this definition of Market Value). Each Independent Bid must be maintained by the applicable Independent Broker-Dealer and actionable for the Administrative Agent before 12:00 noon, New York City time, on such next Business Day. If the Company obtains Independent Bids and submits to the Administrative Agent evidence of two such Independent Bids no later than 10:00 a.m., New York City time, on such next Business Day, then the average of such Independent Bids shall be used to determine the Market Value of the applicable Broadly Syndicated Portfolio Investment. Notwithstanding the foregoing, the Administrative Agent shall be entitled to disregard as invalid any Independent Bid submitted by any Independent Broker-Dealer if, in the Administrative Agent's good faith judgment: (i) such Independent Broker-Dealer is ineligible ...
Sample 1

Related to Review of Portfolio Investments

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing:

  • Eligible Investments The following are Eligible Investments:

  • Portfolio Valuation and Diversification Etc Risk Factor Ratings;

  • Permissible Investments The assets of the Plan shall be invested only in those investments which are available through the Custodian in the ordinary course of business which the Custodian may legally hold in a qualified plan and which the Custodian chooses to make available to Employers for qualified plan investments. Notwithstanding the preceding sentence, the Prototype Sponsor may, as a condition of making the Plan available to the Employer, limit the types of property in which the assets of the Plan may be invested.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Investment Portfolio All investment securities held by Seller or its Subsidiaries, as reflected in the consolidated balance sheets of Seller included in the Seller Financial Statements, are carried in accordance with GAAP, specifically including but not limited to, FAS 115.

  • Delivery of Portfolio Assets (a) Each Fund, on behalf of its Portfolio(s), shall deliver to the Custodian all securities and cash of such Portfolio(s), and from time to time all payments of income, payments of principal or capital distributions received by it with respect to Portfolio securities, and the cash consideration received by it for such new or treasury Shares representing interests in its Portfolio(s) as may be issued or sold from time to time.

  • PAYMENT OF PORTFOLIO MONIES Upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, the Custodian shall pay out, or direct the respective Foreign Sub-Custodian or the respective Foreign Securities System to pay out, monies of a Portfolio in the following cases only:

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