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

  • Submit draft Voluntary Withdrawal and Portfolio Transfer Agreements to the Office of General Counsel (OGC) for review.The Chief, 504 Loan Program Division will forward a recommendation to the D/FA for a final decision, with concurrence from the D/OCRM.

  • Voluntary Withdrawal and Loan Portfolio Transfer SBA regulations at 13 CFR § 120.857 discuss the circumstances under which a CDC can voluntarily surrender its certification and withdraw from the 504 Loan Program.

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

  • On August 8, 2022, Argo announced that it had entered into a Loss Portfolio Transfer (“LPT”) agreement with a wholly owned subsidiary of Enstar Group Limited (“Enstar”) covering a majority of the company’s U.S. casualty insurance reserves.

  • Portfolio Transfer (KA 3.2(vi) and 3.7(i))4.6 Resolution authorities should have the power to transfer contracts of insurance and reinsurance, including the power to vary or reduce the value of those contracts transferred subject to the applicable laws in each jurisdiction.

  • 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.

  • At the Closing, Reinsurer and the Company shall have entered into a Loss Portfolio Transfer and Quota Share Reinsurance Agreement substantially in the form attached hereto as Exhibit B, to be effective at the Closing Effective Time (the “LPT and Quota Share Reinsurance Agreement”), whereby Reinsurer shall reinsure all Policy Liabilities on the terms set forth therein.

  • Deliveries-out / transfer transactions under the reason code of Portfolio Transfer can be processed through online mechanism without the hassles of physical submission of Transaction Orders (TO).

  • Effective May 1, 2017, the Company entered into a Loss Portfolio Transfer and Adverse Development Aggregate Excess of Loss agreement with National Indemnity Company, a subsidiary of Berkshire Hathaway Inc.

  • 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.


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, exclusive license or other disposition of all or substantially all of the assets of the Company.

  • Portfolio Asset means an asset of an investment fund;

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • 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 under Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Portfolio means any account, trust or other investment vehicle (except "Fund") over which the Firm has investment management discretion.

  • 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 VRDP Shares (1) to a TOB Trust in which BANA 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 TOB Trust in which BANA 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.

  • 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;

  • 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).

  • Relevant Transfer means a transfer of employment to which the Employment Regulations applies;