Portfolio Asset definition

Portfolio Asset means an asset of an investment fund;

Portfolio Asset means an asset of a mutual fund;

Portfolio Asset. Any asset owned or serviced by the Originator (including each Asset). For the avoidance of doubt, the term Portfolio Asset shall not include any asset owned and/or serviced solely by one or more Affiliates of the Originator (but not by the Originator); provided that (i) such asset shall not have been originated or acquired by the Originator and (ii) such asset shall not be included in the consolidated financial statements of the Originator.

Examples of Portfolio Asset in a sentence

• Promptly after delivery to the Collateral Custodian of any request for release of documents, the Portfolio Asset Servicer shall provide notice of the same to the Administrative Agent.

• All documents so released to the Portfolio Asset Servicer shall be held by the Portfolio Asset Servicer in trust for the benefit of the Administrative Agent, on behalf of the Secured Parties, in accordance with the terms of this Agreement.

• To the knowledge of the Borrower, each Portfolio Asset was originated without any fraud or misrepresentation on the part of the Obligor or Transferor, if any, of such Portfolio Asset.

• In addition, “Portfolio Asset Obligor”, unless the context otherwise requires, shall also refer to any guarantor of or other obligor on the Portfolio Asset.

• The Collateral Custodian shall hold any instrument delivered to it evidencing any Portfolio Asset granted to the Administrative Agent hereunder as custodial agent for the Administrative Agent in accordance with the terms of this Agreement.

More Definitions of Portfolio Asset

Portfolio Asset means any “Portfolio Investment” (as defined in the Operating Agreement) directly held by the Borrower, including, without limitation, any equity interests of the Borrower in any Portfolio Company (as defined in the Operating Agreement).

Portfolio Asset means any “Asset” as defined in the Indenture, including, for the avoidance of doubt, the Asset.

Portfolio Asset means each Asset acquired (or committed to be acquired) by the Borrower hereunder, in each case, which shall satisfy the Eligibility Requirements as of the related Acquisition Date.

Portfolio Asset. Any Loan (or a Participation Interest therein) held by the Issuer.

Portfolio Asset is defined in Section 1.4.

Portfolio Asset. Any loan or bond owned or serviced by the Company (including each Loan).

Portfolio Asset. A Loan (or a Participation Interest therein) or Bond.