Portfolio Entities definition

Portfolio Entities means any Person in which the Fund (or an Intermediate Holding Vehicle) as applicable) has invested, together with its subsidiaries, in accordance with the Partnership Agreement.

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Portfolio Entities means, collectively, Borrower, the Project Owners and their Intermediate Parents, the Equipment Finance Companies and their Intermediate Parents and the Turbine Owners and their Intermediate Parents.

Portfolio Entities means any Person in which the Fund (or an Alternative Investment Vehicle) as applicable) has invested, together with its subsidiaries, in accordance with the Partnership Agreement.

Examples of Portfolio Entities in a sentence

• The Company will not at any time have any Subsidiaries other than such entities from time to time that may represent portfolio investments consistent with the Company’s investment objective and strategies (such entities being referred to as “Controlled Portfolio Entities”), which Controlled Portfolio Entities shall not be consolidated with the Company for the purposes of any covenants, agreements or other determinations hereunder.

• The Borrower has no direct Subsidiaries (other than Controlled Portfolio Entities), and no equity investment or interest in any other Person, other than investments made or interests purchased in the ordinary course of business.

• The Borrower has no direct Subsidiaries (other than Controlled Portfolio Entities and Subsidiaries of Unrestricted Subsidiaries), and no equity investment or interest in any other Person, other than investments made or interests purchased in the ordinary course of business.

• No Loan Party or Subsidiary, other than Borrower and Subsidiaries that are not Portfolio Entities has or shall at any time have any employees.

• Portfolio Entities: Any Person in which Investments are made by the Partnership.

• The Administration Fee will be separate from and additional to the Management Fee and any Fund Expenses (including administrative expenses incurred in connection with Investments and Portfolio Entities).

• The Company will not at any time have any Subsidiaries other than such entities from time to time that may represent portfolio investments consistent with the Company’s investment objective and strategies (such other entities being referred to as “Controlled Portfolio Entities”), which Controlled Portfolio Entities shall not be consolidated with the Company for the purposes of any covenants, agreements or other determinations hereunder.

• All insurance policies then required to be maintained by the Loan Parties and the Portfolio Entities and, to Borrower’s or any Portfolio Entity’s Knowledge, each other Major Project Participant pursuant to the terms of any Operative Document are in full force and effect, and all premiums then due and payable have been paid.

• Borrower shall cause all contributions required to be made to any Portfolio Entity under each Project Company LLC Agreement to be made from an account of an Affiliate of Borrower other than the Borrower and the Portfolio Entities.

• The Borrower has no direct Subsidiaries, and no equity investment or interest in any other Person (other than Controlled Portfolio Entities).

More Definitions of Portfolio Entities

Portfolio Entities means the partnerships, corporations, limited liability companies or other entities in which CRSI holds, as of January 1, 1997, a whole or partial equity interest, and which entities are primarily engaged in the ownership of multifamily real estate or interests therein.

Portfolio Entities means any Person in which Investments are made by the Fund. Pre-Closing Investment has the meaning set forth in Section 4.7 hereof.