Subordinated Portfolio Management Fee definition

Subordinated Portfolio Management Fee means the fee of such name payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, equal to 0.2 per cent. per annum of the Aggregate Collateral Balance on the first Business Day of the Due Period preceding such Payment Date and calculated on the basis of the actual number of days in the relevant Due Period divided by a 360-day year (as calculated by the Collateral Administrator), plus value added tax (if any) payable thereon.
Sample 1
Subordinated Portfolio Management Fee has the meaning specified in the Portfolio Management Agreement.
Sample 1Sample 2
Subordinated Portfolio Management Fee means the fee payable to the Portfolio Manager in arrear on each Payment Date in respect of the immediately preceding Due Period pursuant to the Portfolio Management Agreement equal to 0.30 per cent. per annum (calculated semi-annually on the basis of a 360-day year comprised of twelve 30-day months) of the Average Aggregate Collateral Balance, as determined by the Collateral Administrator.
Sample 1

Examples of Subordinated Portfolio Management Fee in a sentence

  • Pursuant to the Transaction Documents, the Portfolio Manager may (in its sole discretion), pursuant to the Priorities of Payment, apply funds by either deferring or designating for reinvestment in Collateral Debt Obligations or the purchase of Notes pursuant to Condition 7(k) (Purchase) or irrevocably waiving all or a portion of the Subordinated Portfolio Management Fee that would otherwise have been payable to it.

  • The Portfolio Manager may, pursuant to the Priorities of Payment, defer (in the case of the Senior Portfolio Management Fee or the Subordinated Portfolio Management Fee), all or a portion of Portfolio Management Fees in each case that would otherwise have been payable to it pursuant to the Priorities of Payments.

  • The Class Z Noteholders will be entitled to the Class Z Noteholder Amounts (payable pari passu with the Senior Portfolio Management Fee and Subordinated Portfolio Management Fee respectively) on each Payment Date in accordance with the applicable Priorities of Payment.

  • Organisations such as ClearlySo, the New Economics Foundation, and the Social Stock Exchange are contributing to the infrastructure ofthe market.

  • Portfolio Management Fees Senior Portfolio Management Fee Subordinated Portfolio Management Fee The fee payable to the Portfolio Manager in respect of the portfolio management functions it provides to the Issuer in arrear on each Payment Date in respect of the immediately preceding Due Period equal to 0.175 per cent.

  • Portfolio Management Fees Senior Portfolio Management Fee Subordinated Portfolio Management Fee 0.30 per cent.


More Definitions of Subordinated Portfolio Management Fee

Subordinated Portfolio Management Fee means the fee payable to the Portfolio Manager in arrears on each Payment Date in respect of the immediately preceding Due Period, pursuant to the Portfolio Management Agreement equal to 0.25 per cent. per annum (calculated semi-annually on the basis of a 360-day year comprised of twelve 30-day months) of the Aggregate Collateral Balance, at the beginning of the Due Period relating to such Payment Date, excluding any value added tax due and payable thereon.
Sample 1
Subordinated Portfolio Management Fee means the fee payable to the Portfolio Manager in arrear on each Payment Date in respect of the immediately preceding Due Period, pursuant to the Portfolio Management Agreement equal to 0.20 per cent. per annum (calculated quarterly on the basis of a 360- day year comprised of twelve 30-day months) of the Average Aggregate Collateral Balance applicable to such Due Period.
Sample 1
Subordinated Portfolio Management Fee means the subordinated portfolio management fee payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, payable quarterly in arrears, equal to (i) 0.15 per cent. per annum of the Aggregate Collateral Balance on the Determination Date immediately preceding such Payment Date, together with any value added tax thereon (whether payable to the Portfolio Manager or directly to therelevant tax authority) and (ii) any Subordinated Portfolio Management Fee accrued but unpaid on the Payment Date on which it is originally due (other than in relation to which the Portfolio Manager has elected to defer payment) together with interest at the rate equal to the offered rate for three-month EURIBOR as determined by the Principal Paying Agent from time to time, from (and including) the Payment Date on which such fee was due to (but excluding) the day on which such fee is actually paid.
Sample 1Sample 2
Subordinated Portfolio Management Fee means the fee of such name payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, equal to 0.25 per cent. per annum of the Aggregate Collateral Balance on the first Business Day of the Due Period preceding such Payment Date, calculated semi-annually on the basis of a 360-day year comprised of twelve 30-day months, plus UK value added tax (if any) payable thereon.
Sample 1
Subordinated Portfolio Management Fee means the fee of such name payable to the Portfolio Manager on each Payment Date pursuant to the Portfolio Management Agreement, equal to 0.275 per cent. per annum of the Aggregate Collateral Balance on the first Business Day of the Due Period preceding such Payment Date, calculated semi-annually on the basis of a 360- day year comprised of twelve 30-day months, plus UK value added tax (if any) payable thereon and includes, for the avoidance of doubt, any such fee payable to a former Portfolio Manager pursuant to the Portfolio Management Agreement, pro rated where applicable. For the avoidance of doubt, any reference in the Priorities of Payment to amounts payable to the Portfolio Manager shall be deemed to include a reference to any amounts payable to a former Portfolio Manager pursuant to the Portfolio Management Agreement, pro-rated where applicable.
Sample 1

Related to Subordinated Portfolio Management Fee

  • 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.

  • 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 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;

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

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

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

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

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.

  • Investor Finance Charge Collections means, for any Monthly Period, an amount equal to the aggregate amount of Finance Charge Collections allocated to the Series issued pursuant to this Indenture Supplement pursuant to Section 4.3(a) for all Dates of Processing during such Monthly Period.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Reference Portfolio means, the notional portfolio made up of each Reference Asset, as described in this Information Statement under “Reference Portfolio”.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Whole Loan As defined in the Introductory Statement.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.