Portfolio Bid definition

Portfolio Bid means, in relation to an Auction, a bid for the portfolio as a whole, whether the portfolio has been split into Auction Buckets or not and, in respect of a Partial Auction, a bid for the remaining portfolio as represented by the Eligible Auction Buckets (whether as a single bid or as an aggregate of bids for each Eligible Auction Bucket).
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Portfolio Bid means the specific amount or the maximum of a range of amounts, which are to be bid to acquire a Portfolio.
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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.
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Examples of Portfolio Bid in a sentence

  • Upon Lender's request, in the event the Portfolio Bid is in excess of $3,000,000, Borrower shall deliver to Lender all information and documents as Lender shall request with respect to the Portfolio and the Portfolio Proposal and shall cause the Seller to cooperate with Lender's examination of Seller's books and records, in order to enable Lender to determine if it shall consider making an Advance.

  • Aggregate Adjustment Bid Curves and Aggregate Portfolio Bid Curves For Hour Ending 15 of the May 25, 1999 Day-Ahead Market It is also instructive to observe that about 7600 MWh of inter-SC supply portfolio bids and about 2800 MWh of inter-SC demand portfolio bids were scheduled for hour ending 15 of the May 25, 1999 Day-Ahead market.

  • Each Advance Request shall be signed by any of the President, Chairman of the Board or Chief Financial Officer of Borrower, and shall specify (i) the amount of the requested Advance, (ii) the purpose of the Advance, (iii) if the Advance is for the purchase of a Portfolio, the name of the Seller or Sellers of the Portfolio and (iv) if applicable, the amount of the Portfolio Bid.

Related to Portfolio Bid

  • Portfolio Asset means an asset of an investment fund;

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • FTR Portfolio Auction Value means for each customer account of a Market Participant, the sum, calculated on a monthly basis, across all FTRs, of the FTR price times the FTR volume in MW.

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • Portfolio means all policies of the same terms and conditions and the benefit schedule as certified by the Government as a Certified Plan under VHIS.

  • Portfolio Yield means, with respect to any Due Period, the annualized percentage equivalent of a fraction, the numerator of which shall be the sum of (i) the amount of Finance Charge Collections received during such Due Period, (ii) the amount of Series Yield Collections for each Series then outstanding for such Due Period and (iii) the amount of Series Additional Funds for each Series then outstanding for such Due Period, and the denominator of which shall be the total amount of Principal Receivables in the Trust as of the first day of such Due Period.

  • Eligible bidder means a person who is:

  • Financial Bid means the Initial Offer and Final Offer, containing the Bidder’s Quoted Transmission Charges, as per the format at Annexure – 21 of this RFP;

  • Highest Bidder means the Bidder, who quotes the highest License Fees

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Buy Bid means a bid to buy Capacity Resources in any Incremental Auction.

  • Portfolio Investment means any Investment held by the Borrower and its Subsidiaries in their asset portfolio.

  • Credit Bid means, an offer submitted by Agent (on behalf of the Lender group), based upon the instruction of the Required Lenders, to acquire the property of any Loan Party or any portion thereof in exchange for and in full and final satisfaction of all or a portion (as determined by Agent, based upon the instruction of the Required Lenders) of the claims and Obligations under this Agreement and other Loan Documents.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • Portfolio Supervisor means First Trust Advisors L.P. and its successors in interest, or any successor portfolio supervisor appointed as hereinafter provided." Section 1.01 (26) shall be added to read as follows:

  • Loan Assets means, collectively and as applicable, the Initial Loan Assets, the Substitute Loan Assets and the Additional Loan Assets, as applicable.

  • Loan Asset means each commercial loan identified on Schedule A hereto, and each commercial loan identified on any Purchase Notice.

  • Eligible Loan Asset means, at any time, a Loan Asset in respect of which each of the representations and warranties contained in Section 4.02 and Schedule III hereto is true and correct.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • Renewable Portfolio Standard or “RPS” means a state or federal law, rule or regulation that requires a stated amount or minimum proportion or quantity of electricity that is sold or used by specified persons to be generated from Renewable Energy Sources.