Portfolio Transfer definition

Portfolio Transfer means the transfer by the Company to FINCL of the Reinsured Risks in application of the provisions of article L.324-1 of the French Insurance Code.
Portfolio Transfer has the meaning given in Clause 4.4.2.
Portfolio Transfer means, in relation to ZAR X Securities, an Off Book Order effected pursuant to Procedure 4080 paragraph 2(b). “Post Halt Auction Session State” means the Session State of that name described in Appendix 4013, Part 1 to the Procedures. “Pre-Open Session State” means the Session State of that name described in Appendix 4013, Part 1 to the Procedures. “Principal” means a Market Participant with Trading Permission to trade on its own behalf.

Examples of Portfolio Transfer in a sentence

  • All teachers regularly review the teaching materials and programmes that they use.

  • Amongst other effects, the Portfolio Transfer Agreement will provide for the transfer of the Transferring Business from MICL to MIC Insurance as a result of which all rights, liabilities and obligations thereunder shall transfer to MIC Insurance.

  • A draft copy of the Portfolio Transfer Agreement has been submitted to the GFSC as part of the Application.

  • In the latter part of 2015 the Company entered into a Loss Portfolio Transfer agreement resulting in reinsurance of 20% of its general insurance business booked reserves as at 31 December 2015.

  • Either the Reinsurer or the Company may terminate this Agreement and the reinsurance hereunder upon at least 3 business days prior written notice of its intent to terminate this Agreement upon the execution of the Portfolio Transfer by the Company of the Reinsured Risks.

  • As at 31 December 2015 the Company entered into a Loss Portfolio Transfer Agreement resulting in reinsurance of 20% of its booked reserves.

  • The following provisions will also apply on the Property Portfolio Transfer Date:• Accelerate will procure that the Shares forming part of the Share portion of the Purchase Consideration in respect of any Land not transferred are issued in the name of the Vendor.

  • The Proposed Transfer will be completed at the earliest opportunity following receipt of regulatory approvals and is expected to take during the 1st Quarter of 2021.Should the Proposed Transfer be approved, the decision of the GFSC and execution of the Portfolio Transfer Agreement would also be advertised in Gibraltar and the EEA in accordance with applicable legal requirements of national law.

  • The Proposed Transfer will be subject to regulatory oversight by the GFSC, which will also consult with the supervisory authorities of the EEA States where MICL’s policyholders are situated, or where risks to be transferred are situated (as applicable).The legal terms and conditions of the Proposed Transfer will be set out within a Portfolio Transfer Agreement governed by the laws of Gibraltar.

  • During 2017, as previously disclosed, the Company entered into a Loss Portfolio Transfer and a 100% Quota Share Agreement with NORCAL Mutual Insurance Company, now known as NORCAL Insurance Company.


More Definitions of Portfolio Transfer

Portfolio Transfer means the transfer of the Portfolio from the Company to AIA Everest pursuant to the Portfolio Transfer Agreement and the Scheme of Transfer;
Portfolio Transfer the transfer of the Portfolio from Blue Cross to AIA Everest pursuant to the Portfolio Transfer Agreement “Portfolio Transfer Agreement” the portfolio transfer agreement dated 24th March, 2021 between Blue Cross and AIA Everest in relation to the Portfolio Transfer
Portfolio Transfer means the transfer of the Policies by COLISEE to PREEL proposed to be effected between the Parties.
Portfolio Transfer means, in relation to ZAR X Securities, an Off Book Order effected pursuant to Procedure 4080 paragraph 2(b).

Related to Portfolio Transfer

  • Securitization Transfer The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Transfer Vehicle means any vehicle that operates in space and transfers Payloads or persons or both between two different space objects, between two different locations on the same space object, or between a space object and the surface of a celestial body. A Transfer Vehicle also includes a vehicle that departs from and returns to the same location on a space object.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Asset Transfer means a sale, lease or other disposition of all or substantially all of the assets of the Company.

  • Portfolio Asset means an asset of an investment fund;

  • Freddie Mac Transfer As defined in Section 13 hereof.

  • 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:

  • Fannie Mae Transfer As defined in Section 13 hereof.

  • Public Vehicle means a Person whose securities are listed and traded on a national securities exchange and shall include a majority owned subsidiary of any such Person or any operating partnership through which such Person conducts all or substantially all of its business.

  • Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.

  • Type II transfer means that phrase as defined by Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • 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.

  • Transfer Event means (i) a transfer of the ownership of a project, (ii) the sale or assignment of a partnership interest in a project owner and/or (iii) the refinancing of secured debt on a project. The following shall not be deemed a Transfer Event: (i) the transfer of the project or a partnership or membership interest in a project owner in which reserves remain with the project and the debt encumbering the project is not increased, refinanced or otherwise modified, (ii) the refinancing of project debt which does not increase the outstanding principal balance of the debt other than in the amount of the closing costs and fees paid to the project lender and third parties as transaction

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • Exempt Transfer means, in relation to shares held by a member:

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

  • Type III transfer means that term as defined under Section 3(c) of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Excluded Transfer means any transfer of VMTP Shares (1) to a tender option bond trust in which the Purchaser and/or its Affiliates collectively own all of the residual interests, (2) in connection with a distribution in-kind to the holders of securities of or receipts representing an ownership interest in any tender option bond trust in which the Purchaser and/or its Affiliates collectively own all of the residual interests, (3) in connection with a repurchase financing transaction or (4) relating to a collateral pledge arrangement.

  • Reais Transfer Date means each Business Day of each calendar month following a Business Day when, as of the Balance Transfer Time for the Bond Administrator, there are available funds in the Collections Account for allocation in accordance with the Indenture.

  • Whole Loan Transfer Any sale or transfer of some or all of the Mortgage Loans, other than a Securitization Transaction.

  • credit transfer means a payment service for crediting a payee’s payment account with a payment transaction or a series of payment transactions from a payer’s payment account by the payment service provider which holds the payer’s payment account, based on an instruction given by the payer;

  • Purchasing Portfolio has the meaning specified in Section 2.10;

  • Subsequent Transfer Instrument: Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit I, by which Subsequent Loans are transferred to the Trust Fund.

  • Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.

  • Sale Assets is defined in Section 5.2(a)(ii).