New Portfolio Company definition

New Portfolio Company means any registered open-end management investment company the shares of which will be sold to one or more reg- istered separate accounts for the pur- pose of minimizing the impact of the Revenue Ruling on the contractowners of an existing separate account, which new portfolio company has the same:

New Portfolio Company means a Person, having as some or all of its shareholders, partners or members, as the case may be, directly or indirectly, any of the Borrowers, and, if applicable, one or more Indirect Co-Investors.

New Portfolio Company means (i) a Target acquired after the Closing Date by the Borrower or any Acquisition Subsidiary as a new portfolio company pursuant to a Permitted Eligible Acquisition or (ii) a Target acquired after the Closing Date by an Existing Portfolio Company or any Acquisition Subsidiary as an add-on acquisition by such Existing Portfolio Company in a Permitted Eligible Acquisition, in each case together with, if applicable, the Acquisition Subsidiary and the Wholly-Owned Subsidiaries of such Target and to the extent that any such Target remains a Subsidiary of the Borrower and either (A) is not deemed an Existing Portfolio Company pursuant to clause (xi) of the definition of “Existing Portfolio Company” or (B) has not been classified or reclassified as an Existing Portfolio Company. For the avoidance of doubt, New Portfolio Companies shall in all instances exclude any Outside Companies.

Examples of New Portfolio Company in a sentence

• Upon the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent a copy of each management and advisory agreement in respect of the New Fund or an Investment in a New Portfolio Company, if any.

• The Administrative Agent shall have been provided a copy of each management and advisory agreement in respect of the New Fund or an Investment in a New Portfolio Company on the date of such borrowing.

• The Administrative Agent shall have received an executed legal opinion from the Loan Parties' outside counsel, as to all matters reasonably requested by Administrative Agent including, without limitation, (a) Regulation U and (b) perfection of the Administrative Agent's security interest in the Investment pledged by the Borrower of either the applicable New Portfolio Company or the applicable Directly Owned Investment Party, as the case may be.

• In addition, the Administrative Agent (which shall forward the same to the Lenders) shall receive from the Borrower: (i) a copy of all purchase documents relating to the applicable Investment and (ii) such other information reasonably requested by the Lenders regarding the applicable Investment, the applicable New Portfolio Company and the Investment Parties (if any).

• The Borrower will provide to the Administrative Agent, for distribution to the Lenders, each of the financial statements and related certificates and other business and financial information distributed to the Borrower or its Affiliates by any New Portfolio Company, as well as such additional information as the Lenders may reasonably request hereunder.

• New Portfolio Company Positioned to Become Technology Leader in Small Business Lending WASHINGTON, DC - NOVEMBER 1, 2000 -- Allied Capital Corporation (Nasdaq: ALLC) today announced that it plans to acquire BLC Financial Services Inc.

• Vertaling van: ‘Là aussi régnait le cynisme (...) comme tant de nouveaux députés, avec le souci de l’intérêt général, la préoccupation dominante de la patrie (...).’ Na zijn eerste jaar was zijn vader zodanig gechoqueerd, vervolgt Xxxxxxxxx niet zonder gevoel voor melodrama, dat zijn zenuwen het letterlijk begaven (Xxxxxxx, Les Deux Scandales, 18).

• Each Security Agreement is hereby amended by inserting the following immediately after the paragraph titled "Collateral Description": Notwithstanding anything to the contrary in this Agreement, "Collateral" shall not include any investment securities issued by, or obligations of, a New Portfolio Company acquired by the Grantor in the ordinary course of Grantor's business.

• The words "New Portfolio Company" or "New Portfolio Companies" mean any Portfolio Company, other than an Existing Portfolio Company, in which the Grantor may make an investment after April 29, 2008.

More Definitions of New Portfolio Company

New Portfolio Company means (i) a Target acquired after the Closing Date by the Borrower or any Acquisition Subsidiary as a new portfolio company pursuant to a Permitted Eligible Acquisition or (ii) a Target acquired after the Closing Date by an Existing Portfolio Company or any Acquisition Subsidiary as an add-on acquisition by such Existing Portfolio Company in a Permitted Eligible Acquisition, in each case together with, if applicable, the Acquisition Subsidiary and the Wholly-Owned Subsidiaries of such Target and to the extent that any such Target remains a Subsidiary of the Borrower and has not been classified or reclassified as an Existing Portfolio Company. For the avoidance of doubt, the New Portfolio Companies shall in all instances exclude any Outside Companies.

New Portfolio Company or "New Portfolio Companies" shall mean any Portfolio Company, other than an Existing Portfolio Company, in which the Company may make an investment after the Effective Date.

New Portfolio Company means (i) a Target acquired after the Closing Date by Borrower as a new portfolio company pursuant to a Permitted Eligible Acquisition or (ii) a Target acquired after the Closing Date by an Existing Portfolio Company as an add-on acquisition by such Existing Portfolio Company in a Permitted Eligible Acquisition, in each case together with the Wholly-Owned Subsidiaries of such Target and to the extent that any such Target remains a Subsidiary of Borrower and has not been reclassified as an Existing Portfolio Company. For the avoidance of doubt, the New Portfolio Companies shall in all instances exclude any Outside Companies.

New Portfolio Company means any portfolio company subsidiary of Borrower that is acquired pursuant to a Permitted Acquisition after the closing date (subject to the determination and approval of a lending multiple of up to 3.0 times by Required Lenders if such new portfolio company subsidiary is to be designated as a Cash-Flow Portfolio Company), or any company that is purchased pursuant to a Permitted Acquisition by a Portfolio Company as an add-on acquisition (in each case where such add-on acquisition is being made by a Cash-Flow Portfolio Company, subject to Required Lender approval of the lending multiple applicable to such Cash-Flow Portfolio Company for the target in such add-on acquisition).