Underlying Portfolio definition

Underlying Portfolio means the portfolio of Collateral Obligations (including Unsettled Sale Assets) or Unsettled Purchase Assets, as applicable, owned by the Borrower Entities or Committed to be owned by the Borrower Entities from time to time.
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Underlying Portfolio means the aggregate of the Underlying Securities which correspond to an Instalment Receipt held by a Holder in his or her Facility.
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Underlying Portfolio means the mix of Fixed Income Securities and Crypto Options recommended by the Fig Platform based on the investment parameters specified by a Noteholder, which is generally comprised of traditional Fixed Income Securities and Crypto Options which seek to provide the Noteholder with their desired investment exposure to BTC or ETH. A Noteholder does not have any direct or indirect ownership interest in, or entitlement to, the Underlying Portfolio for their Note.
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Examples of Underlying Portfolio in a sentence

  • The Custodian shall identify on its books as belonging to the Portfolios the foreign securities and other financial assets held by each Eligible Foreign Custodian or Foreign Securities System and shall provide such information, including a record of securities held by each Underlying Portfolio and such Underlying Portfolio’s respective interest therein, to a Portfolio and such other persons as a Portfolio may designate.


More Definitions of Underlying Portfolio

Underlying Portfolio means a portfolio which comprises both senior secured European loans (“CRE Loans”) and senior, second lien and mezzanine loans typically used to fund leveraged buyout transactions (“Leveraged Loans”) that comply with the investment parameters set out in Section I of the Listing Memorandum (each as defined below and together, the "Reference Loans") and any other assets permitted in accordance with the Investment Guidelines described in Section I of the Listing Memorandum. The weighted average life of the Underlying Portfolio is 3 years and 8 months from June 2015.
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Underlying Portfolio means Managed Futures Portfolio when used in connection with Horizons HMF, and Broad Commodity Portfolio when used in connection with Horizons HBR;
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Underlying Portfolio means the portfolio of Collateral Obligations (including Unsettled Sale Assets) or Unsettled Purchase Assets, as applicable, owned by the Borrower Entities or Committed to be owned by the Borrower Entities f rom time to time. “Unfunded Exposure Amount” means on any date of determination, with respect to any Delayed Drawdown Collateral Obligations or Revolving Collateral Obligation, the aggregate amount (without duplication) of all unfunded commitments (the funding of which is subject only to the satisfaction of customary conditions to borrowing for delayed draw or revolving credit facilities (as applicable) including accuracy of representations and warranties made by the related obligor, satisfaction of certain f inancial covenants and the absence of any default or event of default under the Underlying Instruments) pursuant to such Collateral Obligations. “Unfunded Reserve Account” means the account maintained pursuant to Section 6.3(d). “Unfunded Reserve Account Shortfall” has the meaning specif ied in Section 6.3(d). “Unfunded Reserve Required Amount” means, with respect to each Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation included in the Collateral, the greater of : (I) the Dollar Equivalent of an amount equal to: (i) the aggregate sum of the Unfunded Exposure Amount in respect of all such Delayed Drawdown Collateral Obligations and Revolving Collateral Obligation, minus (ii) the Unfunded Exposure Amount in respect of each such Delayed Drawdown Collateral Obligation or Revolving Collateral Obligation included in the Collateral times the Asset Current Price of such Delayed Drawdown Collateral Obligation or Revolving Collateral Obligation (expressed as percentage of par) times the Advance Rate then in ef fect for such Delayed Drawdown Collateral Obligation or Revolving Collateral Obligation; and (II) the excess, if any, of (x) the sum of the Unfunded Exposure Amount and the Loan Amount (Revolver) over (y) the Adjusted Maximum Facility Amount (Revolver). provided that af ter the Availability Period (Revolver) or upon the occurrence of an Event of Default, the Unfunded Reserve Required Amount shall equal the Unfunded Exposure Amount. “Unrestricted Cash” means “Unrestricted Cash” or any comparable term in the Underlying Instruments for any Collateral Obligation, and in any case that “Unrestricted Cash” or such comparable term is not defined in such Underlying Instruments, all cash available for use for general corporate purposes...
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Underlying Portfolio means a management “investment company” (as defined in Section 3(a)(1) of the 1940 Act or series of an investment company (as so defined)) that is registered under the 1940 Act whether in the same “group of investment companies” (as defined in Section 12(d)(1)(G)(ii) of the 1000 Xxx) or otherwise (including investment pursuant to Section 12(d)(1)(F) of the 1940 Act), the shares of which are held by the Fund or by a Portfolio of the Fund.
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Underlying Portfolio means each of the five separate underlying portfolios initially comprising the Portfolio, namely the East Coast Performance Portfolio, the Marret High Yield Hedge Portfolio, the Marret Investment Grade Hedge Portfolio, the RCM Special Situations Portfolio and the WARATAH Income Portfolio.
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Related to Underlying Portfolio

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Parent, the Borrower or another Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • Portfolio Asset means an asset of an investment fund;

  • Collateral Portfolio means all right, title, and interest (whether now owned or hereafter acquired or arising, and wherever located) of the Borrower in the property identified below in clauses (i) through (iv) and all accounts, cash and currency, chattel paper, tangible chattel paper, electronic chattel paper, copyrights, copyright licenses, equipment, fixtures, contract rights, general intangibles, instruments, certificates of deposit, certificated securities, uncertificated securities, financial assets, securities entitlements, commercial tort claims, deposit accounts, inventory, investment property, letter-of-credit rights, software, supporting obligations, accessions, or other property consisting of, arising out of, or related to any of the following (in each case excluding the Retained Interest and the Excluded Amounts):

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Underlying Note means the one or more promissory notes executed by an obligor evidencing a Loan.

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Proposed Portfolio The portfolio of Collateral Obligations and Eligible Investments resulting from the proposed purchase, sale, maturity or other disposition of a Collateral Obligation or a proposed reinvestment in an additional Collateral Obligation, as the case may be.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).