Portfolio Acquisition Documents definition

Portfolio Acquisition Documents means the purchase and other agreements between a Credit Party and the Seller of each Portfolio, as each may be amended.
Sample 1Sample 2Sample 3
Portfolio Acquisition Documents means the purchase and other agreements between a Debtor and the Seller of each Portfolio, as each may be amended. 1.57. "Portfolio Bid" means the specific amount or the maximum of a range of amounts which are to be bid to acquire a Portfolio. 1.58. "Portfolio Examination Fee" means a fee of $750 per each day as required in Lender's sole discretion to review, examine and report as to the legal and financial status of each Portfolio Proposal, together with Lender's actual out-of-pocket expenses, including travel, meals and hotel expenses. 1.59. "Portfolio Loans" means the Consumer Loans, which comprise each Portfolio, as more specifically detailed in the applicable Portfolio Proposal. 1.60. "Portfolio Proposal" means a written proposal presented by Borrower or any other Guarantor with respect to a Portfolio that such party intends to submit to a Seller for the purchase of such Portfolio, which shall set forth in sufficient detail the (a) Portfolio Bid and the terms of payment thereof, (b) nature of the Consumer Loans comprising the Portfolio, (c) a computer disc or written report containing a detailed description of the Consumer Loans, (d) name of the Seller, and (e) Portfolio Acquisition Documents, all of which shall be in form, scope and substance acceptable to Lender. 1.61. "Prime Rate" shall have the meaning given such term in the Grid Note. 1.62. "Rejected Portfolio" means the Consumer Loans and all rights and interests related thereto that are in a Portfolio Proposal that is rejected by Lender. 1.63. "Reports" mean the Aging Reports and the Collection Reports, including the computer discs containing all of the information contained therein. 1.64. "Seller" means the party which has agreed to sell Portfolio Loans to a Debtor. 1.65. "Security Agreements" means the security agreement executed by Borrower, each Guarantor and each Affiliate Guaranty, granting Lender a security interest in the Collateral owned by each party executing same, as each is amended from time to time. 1.66. "Small Portfolio" is defined in Section 2.2(d). 1.67. "Subordinated Debt" means any indebtedness which is subordinated in right of payment to the Obligations, pursuant to the terms of an agreement in form and scope and on terms acceptable to the Lender, in its sole discretion. 1.68. "Support Obligation" shall have the meaning given such term in the UCC.
Sample 1
Portfolio Acquisition Documents means the purchase and other agreements between a Debtor and the Seller of each Portfolio, as each may be amended. 1.68. "Portfolio Bid" means the specific amount or the maximum of a range of amounts, which are to be bid to acquire a Portfolio. 1.69. "Portfolio Examination Fee" means a fee of $750 per each day as required in Lender's sole discretion to review, examine and report as to the legal and financial status of each Portfolio Proposal, together with Lender's actual out-of-pocket expenses, including travel, meals and hotel expenses. 1.70. "Portfolio Loans" means the Consumer Loans, which comprise each Portfolio, as more specifically detailed in the applicable Portfolio Proposal. 1.71. "Portfolio Proposal" means a written proposal presented by Borrower or any other Debtor with respect to a Portfolio that such party intends to submit to a Seller for the purchase of such Portfolio, which shall set forth in sufficient detail the (i) Portfolio Bid and the terms of payment thereof, (ii) nature of the Consumer Loans comprising the Portfolio, (iii) a computer disc or written report containing a detailed description of the Consumer Loans, (iv) name of the Seller, and (v) Portfolio Acquisition Documents, all of which shall be in form, scope and substance acceptable to Lender. 1.72. "Prime Rate" shall have the meaning given such term in the Grid Note. 1.73. "Rejected Portfolio" means a Portfolio as to which the Lender declines to make an Advance to finance its acquisition by a Debtor. 1.74. "Reports" mean the Aging Reports and the Collection Reports, including the computer discs containing all of the information contained therein. 1.75. "Security Agreements" means the security agreement executed by Borrower, each Debtor and each Affiliate, granting Lender a security interest in the Collateral owned by each party executing same, as each is amended from time to time. 1.76. "Seller" means the party or parties which have agreed to sell Portfolio Loans to a Debtor. 1.77. "Servicing Agent" shall mean any third-party (other than collection attorneys) engaged or utilized by any Debtor for the purpose of administrating and/or collecting Payments made by an Account Debtor with respect to Accounts. A list of each Servicing Agent of each Portfolio, together with the address, telecopier and telephone numbers of each such Servicing Agent and the contact person(s) thereat, shall be delivered to the Lender within ninety (90) days after the date hereof.
Sample 1

Examples of Portfolio Acquisition Documents in a sentence

  • Each Eligible Portfolio Loan Receivable (i) to the best of Borrower's knowledge, represents bona fide existing obligations created by the lending of money by an Originator to its borrower customer in the ordinary course of such Originator's business and (ii) has been absolutely sold, transferred and conveyed by a Seller to Borrower, and purchased and accepted by Borrower from such Seller, pursuant to Portfolio Acquisition Documents.

  • Borrower shall promptly provide Lender with copies of all Portfolio Acquisition Documents, and all collateral assignments and financing statements which are filed in connection therewith on or after the Closing Date.

Related to Portfolio Acquisition Documents

  • Acquisition Documents means the Acquisition Agreement, all other agreements to be entered into between or among the Acquired Company or its Affiliates and the Borrower or its Affiliates in connection with the Acquisition and all schedules, exhibits and annexes to each of the foregoing and all side letters, instruments and agreements affecting the terms of the foregoing or entered into in connection therewith.

  • Equity Line Transaction Documents means this Agreement and the Registration Rights Agreement.

  • Permitted Acquisition Documents means with respect to any acquisition proposed by the Borrower or any Subsidiary Guarantor, final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other agreement evidencing such acquisition, including, without limitation, all legal opinions and each other document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing.

  • Other Transaction Documents means the Transaction Documents other than this Agreement.

  • Securitization Documents means all documentation relating to any Permitted Securitization.

  • Permitted Securitization Documents means all documents and agreements evidencing, relating to or otherwise governing a Permitted Securitization Financing.

  • Acquisition Documentation collectively, the Acquisition Agreement and all schedules, exhibits and annexes thereto and all side letters and agreements affecting the terms thereof or entered into in connection therewith.

  • Reorganization Documents means the Reorganization Agreement, this Agreement, the Holdco LLC Agreement, the Tax Receivable Agreement, the Exchange Agreement, the Registration Rights Agreement, the Employee Equity Letters, the MIP and the Equity Purchase Agreements.

  • Acquisition Agreements has the meaning specified in the Recitals.

  • Acquisition Agreement means a letter of intent, agreement in principle, merger agreement, acquisition agreement, option agreement or other similar agreement.

  • Formation Documents means, collectively, the Issuer LLC Agreement, the Issuer Certificate of Formation and any other document pursuant to which the Issuer is formed or governed, as each may be amended or supplemented from time to time.

  • Related Transactions Documents means the Loan Documents, and all other agreements or instruments executed in connection with the Related Transactions.

  • Debt Financing Documents means the agreements, documents and certificates contemplated by the Financing, including all credit agreements, loan documents, purchase agreements, underwriting agreements, indentures, debentures and notes pursuant to which the Financing will be governed or contemplated by the Debt Commitment Letter.

  • Transaction Documents means this Agreement, the Warrants, all exhibits and schedules thereto and hereto and any other documents or agreements executed in connection with the transactions contemplated hereunder.

  • Receivables Purchase Documents means those documents entered into in connection with any series of receivables purchase or sale agreements generally consistent with terms contained in comparable structured finance transactions pursuant to which the Borrower or any of its Subsidiaries, in their respective capacities as sellers or transferors of any receivables, sell or transfer to SPCs all of their respective rights, title and interest in and to certain receivables for further sale or transfer to other purchasers of or investors in such assets (and the other documents, instruments and agreements executed in connection therewith), as any such agreements may be amended, restated, supplemented or otherwise modified from time to time, or any replacement or substitution therefor.

  • Bridge Loan Documents means the “Loan Documents” as defined in the Bridge Credit Agreement.

  • Investment Documents means, collectively, the Loan Documents and the Warrants.

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

  • L/C Related Documents has the meaning specified in Section 2.06(b)(i).

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Collateral Acquisition Agreements means each of the agreements entered into by the Issuer in relation to the purchase by the Issuer of Collateral Debt Obligations from time to time.

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • Financing Documents means collectively the documents evidencing Lenders’ commitment to finance the Project.

  • Equity Documents means collectively the documents evidencing subscription to Equity to the extent of equity component of cost of the Project.

  • Convertible Note Documents means the indenture under which the Convertible Notes are issued and all other instruments, agreements and other documents evidencing or governing the Convertible Notes or providing for any other right in respect thereof.

  • RFP Documents means the following documents to be entered into by the parties to the respective agreements in connection with the supply of power: