Adjusted Portfolio Value definition
Adjusted Portfolio Value means, in respect of any Payment Date, the sum of the products of (a) the Adjusted Base Value of each Aircraft in the Portfolio on the Calculation Date preceding such Payment Date and (b) the quotient obtained by dividing the applicable Depreciation Factor for such Aircraft on such Calculation Date by the applicable Depreciation Factor for such Aircraft as of the date of the Relevant Appraisal with respect to such Calculation Date.
Adjusted Portfolio Value means the sum of the Fair Market Value of the Investment Portfolio, plus any cash owned by or held by or to the order of the Fund plus the aggregate amount of payments made to Shareholders by way of dividend in the quarterly period ending on the relevant Valuation Day, less any other liabilities (excluding any borrowings) and any Uninvested Cash (each to the extent that it has not already been deducted). Uninvested Cash refers to the net proceeds of any equity or debt capital raising by the Company that is held in cash or near cash instruments until such time as such net proceeds are invested by the Fund in Investment Interests.
Adjusted Portfolio Value means, in respect of any date, the sum of the Adjusted Base Value of each Asset on such date. For purposes of calculating the Adjusted Portfolio Value, an Asset to be delivered during the period prior to the Delivery Expiry Date pursuant to the Asset Purchase Agreement shall be deemed to be an Asset from the Initial Closing Date, adjusted from time to time in respect of any Substitute Assets therefor.
Examples of Adjusted Portfolio Value in a sentence
If Adjusted Portfolio Value, on any Valuation Date, is equal to or greater than zero, then Exposure on such Valuation Date shall equal zero.
If, prior to January 1, 2011, operational events at the Sabine Pass Terminal occur that would require CMI to change the schedule of vaporization of quantities of LNG that would result in a reduction of the Adjusted Portfolio Value associated with the Inventory Quantity, then CMI will reimburse LNGCo for any such reductions in value resulting from such change in schedule within three (3) Business Days of the occurrence of each such operational event.
More Definitions of Adjusted Portfolio Value
Adjusted Portfolio Value has the meaning assigned to such term in Section 1.01 of the Indenture. "ADMINISTRATIVE AGENCY AGREEMENT" means the Administrative Agency Agreement dated as of June 26, 2001, between Phoenix American Financial Services, Inc., as Administrative Agent, LIFT, the issuer subsidiaries defined therein and Bankers Trust Company, as Trustee and the Security Trustee.
Adjusted Portfolio Value means, on any Valuation Date, (i) the Adjusted Gross Margin as of such Valuation Date, plus or minus (ii) the ▇▇▇▇-to-market value of all transactions entered into pursuant to this Agreement as of such Valuation Date, to the extent not already included in item (i) of this definition.
Adjusted Portfolio Value means, on any Valuation Date, (i) the Adjusted Gross Margin as of such Valuation Date, plus or minus (ii) the mark-to-market value of all transactions entered into pursuant to this Agreement as of such Valuation Date, to the extent not already included in item (i) of this definition.
Adjusted Portfolio Value has the meaning assigned to such term in Section 1.01 of the Indenture.
Adjusted Portfolio Value means, in respect of any Payment Date, the aggregate sum of the “adjusted values” for all of the Aircraft in the Portfolio on the Calculation Date preceding such Payment Date, where the “adjusted value” for each such Aircraft is the product of (a) the Adjusted Base Value of such Aircraft on such Calculation Date and (b) the quotient obtained by dividing the Depreciation Factor applicable to such Aircraft on such Calculation Date by the Depreciation Factor applicable to such Aircraft as of the date of the Relevant Appraisal with respect to such Calculation Date.