Debt Portfolio definition
Examples of Debt Portfolio in a sentence
Unless the Adviser gives the Sub-adviser instructions to the contrary, the Sub-adviser shall, in good faith and in a manner which it reasonably believes best serves the interests of the Fund's shareholders, direct the Fund's custodian as to how to vote such proxies as may be necessary or advisable in connection with any matters submitted to a vote of shareholders of securities in which the Foreign Debt Portfolio may be invested.
Subject to and in pursuance of the foregoing, the Sub-adviser is authorized to make all determinations with respect to the purchase and sale of portfolio securities in respect of the Foreign Debt Portfolio and shall take such action necessary to implement the same.
Example 3: Assuming a quarter’s Incentive Fee on the Syndicated Debt Portfolio is $250,000 and the aggregate Incentive Fee payable to Adviser from BDC is $50,000 (due to a $200,000 realized or unrealized loss on the BDC’s private equity portfolio), Sub-Adviser shall receive an Incentive Fee of $50,000.
Example 2: Assuming a quarter’s Incentive Fee on the Syndicated Debt Portfolio is $250,000 and the aggregate Incentive Fee payable to Adviser from BDC is $200,000 (due to a $50,000 realized or unrealized loss on the BDC’s private equity portfolio), Sub-Adviser shall receive an Incentive Fee of $125,000.
Emerging Markets External Debt Portfolio Effective Date: 03/01/12 0.75% of the portion of the daily net assets not exceeding $500 million; 0.70% of the portion of the daily net assets exceeding $500 million but not exceeding $1 billion; and 0.65% of the portion of the daily net assets exceeding $1 billion.
Example 4: Assuming a quarter’s Incentive Fee on the Syndicated Debt Portfolio is $0 (or negative) and the aggregate Incentive Fee payable to Adviser from BDC is $500,000, Sub-Adviser shall receive an Incentive Fee of $0.
Example 1: Assuming a quarter’s Incentive Fee on the Syndicated Debt Portfolio is $250,000 and the aggregate Incentive Fee payable to Adviser from the BDC is $750,000, Sub-Adviser shall receive an Incentive Fee of $125,000.
Emerging Markets Domestic Debt Portfolio Effective Date: 05/01/97 Amendments: 11/01/04, 06/01/05 0.75% of the portion of the daily net assets not exceeding $500 million; 0.70% of the portion of the daily net assets exceeding $500 million but not exceeding $1 billion; 0.65% of the portion of the daily net assets exceeding $1 billion.
The Fund shall pay to VAM, as full compensation for the services rendered by VAM under this Contract, a fee based on the value of the assets in the Debt Portfolio, appraised as described below.
Each Contracting Party shall, at the request of the other Contracting Party, provide the latter, within a reasonable period of time, with financial reports concerning entities under the jurisdiction of the first Contracting Party and any other information which could reasonably be requested by the other Contracting Party to ensure that the provisions of this Article are complied with.