Portfolio Certificate definition

Portfolio Certificate means a certificate substantially in the form of Exhibit VI to the Agreement.
Portfolio Certificate means a certificate substantially in the form of Schedule "D" thereto;
Portfolio Certificate means a certificate substantially in the form of EXHIBIT VI to the Agreement.

Examples of Portfolio Certificate in a sentence

  • In making all allocation and payments of Collections and amounts on deposit in the Cash Reserve Account hereunder, the Servicer shall use the information contained in the most recently delivered Servicer Report or Portfolio Certificate, as applicable, including any Servicer Report or Portfolio Certificate delivered on the day of such allocation or payment.

  • At any time prior to a Receivable first being referenced in a Servicer Report or a Portfolio Certificate as an Eligible Receivable, the Servicer (so long as the Seller is the Servicer) may designate such Receivable as a "Specified Ineligible Receivable" (which designation may take the form of a specification that a certain class or category of Receivables to be created after such designation will be treated as "Specified Ineligible Receivables").

  • In making all allocation and payments of Collections and amounts on deposit in the Cash Reserve Account hereunder, the Servicer shall use the information contained in the most recently delivered Portfolio Report or Portfolio Certificate, as applicable, including any Portfolio Report or Portfolio Certificate delivered on the day of such allocation or payment.

  • At any time prior to a Receivable first being referenced in a Portfolio Report or a Portfolio Certificate as an Eligible Receivable, the Servicer (so long as the Seller is the Servicer) may designate such Receivable as a “Specified Ineligible Receivable” (which designation may take the form of a specification that a certain class or category of Receivables to be created after such designation will be treated as “Specified Ineligible Receivables”).

  • If at any time the Seller wishes to reduce the Investment, the Seller shall (i) provided the reduction can be fully paid on a Remittance Date, provide details thereof in a Servicer Report or Portfolio Certificate one day prior to such Remittance Date, or (ii) give the Trust, the Servicer and the Backup Servicer at least two Business Days' prior written notice thereof (including the amount of such proposed reduction and the proposed date on which such reduction will commence).

  • In addition, as of the date of this Portfolio Certificate, both AFC and AFC Funding are in compliance with all Representations & Warranties and Covenants.

  • In addition, as of the date of this Portfolio Certificate, AFCI is in compliance with all Representations & Warranties and Covenants.

  • The Series 2006-ARC Portfolio Certificate has been duly executed and delivered by the General Interest Trustee in accordance with the Titling Trust Agreement, has been duly issued in accordance with the Titling Trust Agreement and is entitled to the benefits afforded by the Titling Trust Agreement.

  • The Series 2004-B Portfolio Certificate has been duly executed and delivered by the General Interest Trustee in accordance with the Titling Trust Agreement, has been duly issued in accordance with the Titling Trust Agreement and is entitled to the benefits afforded by the Titling Trust Agreement.

  • The Non-Investment Grade Portfolio Loss (if any) as set forth in the Final Non-Investment Grade Portfolio Certificate is less than $238 million.


More Definitions of Portfolio Certificate

Portfolio Certificate means a certificate substantially in the form of Schedule “D” thereto;
Portfolio Certificate has the meaning ascribed to such term in Section 7(a)(6).
Portfolio Certificate means a certificate appropriately completed and in the form of Exhibit E-3 hereto confirming the ownership by the Credit Parties and their Subsidiaries of all of the investments in their respective issuers and obligors and confirming that neither Credit Party nor any Subsidiary thereof shall have any investment in any issuer or obligor in which the other Credit Party or any Subsidiary thereof has any investment, except that (A) the Parent may have an investment in (including without limitation loans to) an issuer or obligor in which a Subsidiary thereof (other than the Borrower or any of its Subsidiaries) has an investment (including without limitation loans) and (B) the Parent or any of its Subsidiaries (other than the Borrower or any of its Subsidiaries) may have investments in (including without limitation loans to) issuers or obligors in whom the Borrower or any of its Subsidiaries has an equity investment in the form of warrants or capital stock interests as long as the aggregate value of all such equity investments of the Borrower and its Subsidiaries in such issuers or obligors does not exceed ten percent (10%) of the value of all assets of the Borrower and its Subsidiaries as determined in accordance with GAAP.
Portfolio Certificate means a certificate appropriately completed and in the form of Exhibit E-3 hereto confirming the ownership by the Credit Parties and their Subsidiaries of all of the investments in their respective issuers and obligors and confirming that (i) no such investment by any Credit Party or any Subsidiary thereof in an issuer or obligor is owned collectively by any other Credit Party or any Subsidiary thereof and (ii) neither Credit Party nor any Subsidiary thereof shall have any investment in any issuer or obligor in which the other Credit Party or any Subsidiary thereof has any investment.
Portfolio Certificate has the meaning set forth in Section 11.1.8(c). ---------------------- ----------------- "Pro Rata Share" of any warrant or similar equity participation ------------------ agreement, and the proceeds thereof, means such percentage interest in such warrant or other agreement shown on the Contract Schedule for the Contract related to such warrant or other agreement.