Portfolio Administration Agreement definition

Portfolio Administration Agreement herein shall mean either the GWM Portfolio Administration Agreement (as defined below) or the Aztlan Portfolio Administration Agreement (as defined below), as applicable.

Portfolio Administration Agreement means the GWM Portfolio Administration Agreement or any other portfolio administration agreemment entered into with respect to the Programme, as applicable to a Series of ETP Securities.

Portfolio Administration Agreement means the Portfolio Administration Agreement as specified in the Final Terms for each Series of ETP Securities (as amended, supplemented novated and/or replaced from time to time).

Examples of Portfolio Administration Agreement in a sentence

• Moreover, pursuant to the Portfolio Administration Agreement, if the aggregate Outstanding Principal Balance of the Non-Eligible Underlying Assets exceeds 5% of the Outstanding Principal Balance of the MBS Assets issued under any relevant MBS Transaction, the Outstanding Principal Balance of such MBS Notes shall be reduced for an amount equal to the aggregate Outstanding Principal Balance of such Non-Eligible Underlying Assets in excess of the above mentioned percentage.

• In addition, Sanne administration fees totalling €50,536 were incurred with respect to matters outside the scope of the Administration, Secretarial and Portfolio Administration Agreement during the period 1 August 2018 to 31 October 2018.

• During the period ended 1 August 2018 to 30 October 2018, Sanne company secretarial, administration, accountancy and portfolio administration services were incurred and billed on a time cost basis in accordance with Sanne’s standard fee scales, subject to an annual cap of GBP 220,000 with respect to the activities and responsibilities as set out in the Administration, Secretarial and Portfolio Administration Agreement.

• In relation to Series to which the First Portfolio Administration Agreement applies, Collateral Assets in the form of cash or transferable securities will be held in an account of the Custodian in the name of the Issuer.

• Therefore, in relation to Series to which the First Portfolio Administration Agreement applies the ability of the Issuer to meet its obligations with respect to the Series of ETP Securities will not only be dependent upon receipt by the Issuer of payments from the Custodian (if the Collateral Assets are so held) but will also be dependent on any Sub-Custodian not exercising any lien or right of set- off in respect of any Collateral Assets that it holds.

• Custodian For Series to which the First Portfolio Administration Agreement applies, Interactive Brokers LLC.

• In relation to Series where the Second Portfolio Administration Agreement applies, Collateral Assets in the form of cash or transferable securities will be held in an account of the Margin Loan Provider in the name of the Issuer.

• Additional Sanne administration fees totalling €50,536 (year ended 31 July 2018: €41,149) were incurred with respect to matters outside the scope of the Administration, Secretarial and Portfolio Administration Agreement during the period 1 August 2018 to 30 October 2018.

• Company secretarial, administration, accountancy and portfolio administration fees were incurred and billed on a time cost basis in accordance with Sanne’s standard fee scales, subject to an annual cap of GBP 220,000 (2018: GBP 220,000) with respect to the activities and responsibilities as set out in the Administration, Secretarial and Portfolio Administration Agreement.

• The Borrower shall not engage the Portfolio Administrator to perform any additional services under the Portfolio Administration Agreement without obtaining the Administrative Agent’s prior written consent, which consent may be given or withheld in the Required Lenders’ reasonable discretion.

More Definitions of Portfolio Administration Agreement

Portfolio Administration Agreement means the Portfolio Administration Agreement, dated as of the Closing Date, by and between the Portfolio Administrator and the Borrower, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the Transaction Documents.

Portfolio Administration Agreement means the portfolio administration agreement entered into on or about the Initial Issue Date between, inter alios, the Issuer, the Seller, the Covered Bonds Guarantor, the Representative of the Covered Bondholders and the Calculation Agent, as amended and supplemented from time to time.»

Portfolio Administration Agreement means the Portfolio Administration Agreement, dated as of May 1, 2003, between the Borrower and the Portfolio Administrator, as amended and supplemented pursuant to the terms thereof.

Portfolio Administration Agreement means the agreement so named dated on or about 25 November 2019 between the Issuer, the Portfolio Administrator and the Trustee as amended and restated on 2 March 2020 and on or about the date of the latest amendment and restatement of the Trust Deed;

Portfolio Administration Agreement means the agreement so named dated on or about the Update Signing Date between the Issuer, the Portfolio Administrator and the Trustee;

Portfolio Administration Agreement means the agreement so named dated on or about the Update Signing Date between the Issuer, the Portfolio Administrator and the Trustee;