Portfolio MAE definition

Portfolio MAE means a material adverse effect on the Property taken as a whole, or the operations, business or condition (financial or otherwise) of Mortgage Borrower, taken as a whole.
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Portfolio MAE shall have the meaning ascribed to such term in the Commitment Letter.
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Portfolio MAE means any event, effect, occurrence, development, state of circumstances, change, fact or condition that has a material adverse effect on the financial or economic condition or operations of the Properties, taken as a whole, but does not include any fact, circumstance or condition (and no such fact, circumstance or condition may be taken into account in determining whether there has been a Portfolio MAE) that results from: (i) the execution of this Agreement and the transactions contemplated by this Agreement or from the performance of and compliance with the terms of this Agreement; (ii) any Force Majeure Event (provided, this clause (ii) shall not apply for purposes of Section 9.5); (iii) generally applicable economic conditions or conditions affecting the U.S. data center industry as a whole; (iv) the announcement by the Seller of its intention to sell the Properties in compliance with the terms and conditions of this Agreement (provided the same does not result in a breach of or default under any Lease); or (v) any changes in law or applicable accounting regulations or principles.
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Examples of Portfolio MAE in a sentence

  • Flexible RJ pipe systems are required when site/project needs have the following characteristics:• The water main is to be located in an area of liquefiable soils.• The area is defined to have soils with a poor bearing capacity.• The area is on a steep slope.

  • Upon the occurrence of a Portfolio MAE as determined in accordance with the Commitment Letter and the election by Purchaser not to purchase an affected Property pursuant to the preceding sentence, the Sellers other than the Seller of the affected Property shall have the right to terminate this Agreement and not consummate the transactions contemplated herein by giving Purchaser notice of such election at any time prior to the Closing.

  • Notwithstanding the foregoing, Purchaser shall have the right to elect not to purchase such affected Property by giving notice to Sellers prior to the Closing Date if such Casualty or Taking results in a Portfolio MAE as determined in accordance with the Commitment Letter.

  • In addition, in the event a breach of Property Specific Representations results in a Portfolio MAE, Initial Lender shall have the right to implement a Property Substitution.


More Definitions of Portfolio MAE

Portfolio MAE means any event, effect, occurrence, development, state of circumstances, change, fact or condition that has a material adverse effect on the financial or economic condition or operations of the Properties, taken as a whole, but does not include any fact, circumstance or condition (and no such fact, circumstance or condition may be taken into account in determining whether there has been a Portfolio MAE) that results from: (i) the execution of this Agreement and the transactions contemplated by this Agreement or from the performance of and compliance with the terms of this Agreement; (ii) any Force Majeure Event (provided, this clause (ii) shall not apply for purposes of Section 9.5); (iii) generally applicable economic conditions or conditions affecting the U.S. data center industry as a whole; (iv) the announcement by the Seller of its intention to sell the Properties in compliance with the terms and conditions of this Agreement (provided the same does not result in a breach of or default under any Lease); or(v) any changes in law or applicable accounting regulations or principles.
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Related to Portfolio MAE

  • Portfolio Manager means any individual employed by Loomis Sayles who has been designated as a Portfolio Manager by Loomis Sayles. A person is considered a Portfolio Manager only as to those client accounts as to which he or she is designated by the Chief Compliance Officer as such. As to other client accounts, he or she is simply an Access Person.

  • portfolio management means managing portfolios in accordance with mandates given by clients on a discretionary client-by-client basis where such portfolios include one or more financial instruments;

  • Portfolio Managers means MSIM Employees who are primarily responsible for the day- to-day management of a Client portfolio.

  • Discretionary Portfolio Manager means a Portfolio Manager who exercises or may, under a contract relating to portfolio management, exercise any degree of discretion as to the investments or management of the portfolio of securities or the funds of the Client, as the case may be.

  • Portfolio Management Services means management of the investment and reinvestment of the assets belonging to the Series, consisting specifically of the following:

  • Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

  • 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.

  • Non-Discretionary Portfolio Management Services means a portfolio management services under which the Portfolio Manager, subject to express prior instructions issued by the Client from time to time in writing, for an agreed fee structure and for a definite described period, invests in respect of the Client’s account in any type of security entirely at the Client’s risk and ensure that all benefits accrue to the Client’s Portfolio.

  • 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 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:

  • Portfolio Asset means an asset of an investment fund;

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Portfolio Loss means the loss realized on either (i) a portfolio sale of Single Family Shared-Loss Loans in accordance with the terms of Article IV or (ii) the sale of a loan with the consent of the Receiver as provided in Section 2.7.

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

  • Manufactured home means a structure, transportable in one or more sections, which is built on a permanent chassis and is designed for use with or without a permanent foundation when attached to the required utilities. The term "manufactured home" does not include a "recreational vehicle".

  • Manufactured home park means any tract of land upon which three or more manufactured or mobile homes used for habitation are parked, either free of charge or for revenue purposes, and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as a part of the facilities of the park. "Manufactured home park" does not include any of the following:

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • TO Manager means TO Manager of the Agency. The Agency may change the TO Manager at any time by written notice to the TO Contractor.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

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

  • Receivables Net Investment means the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Interest Expense); provided, however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Manufactured dwelling means a residential trailer, a mobile home or a manufactured

  • Purchasing Portfolio has the meaning specified in Section 2.10;

  • Manufactured housing means a structural unit or units designed for occupancy and constructed in a manufacturing facility and transported, by the use of its own chassis or an independent chassis, to a building site. The term includes any type of building that is constructed at a manufacturing facility and transported to a building site where it is used for housing and may be purchased or sold by a dealer in the interim. For purposes of this section, 2 types of manufactured housing are included. Those 2 types are:

  • Manufactured-home transaction means a secured transaction: