Program Portfolio definition

Program Portfolio means a portfolio of assets consisting of, or to consist of, consumer and commercial motor vehicle receivables and leases, including automobile retail installment sales contracts, automobile leases or other financial receivables subject to the Servicing Agreement and described in a Program Portfolio Schedule.
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Program Portfolio means (a) all Cardholder Indebtedness, exclusive of any Cardholder Indebtedness pertaining to any Accounts that have been previously written off by Bank or should have been written off in accordance with Bank’s policies, free and clear of all liens, claims, encumbrances and restrictions; (b) Account Documentation (excluding credit bureau reports, adverse action letters or similar information to the extent a transfer thereof would cause Bank to violate Applicable Law or become a “consumer reporting agency” for purposes of the federal Fair Credit Reporting Act) and a full master file of all monetary and non-monetary fields; and (c) Bank’s rights in any toll-free (800) customer service numbers.
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Examples of Program Portfolio in a sentence

  • This Program Portfolio Schedule may be executed in two or more counterparts and by different parties on separate counterparts, each of which will be an original, but all of which together will constitute one and the same instrument.

  • The Subservicer shall deliver to the Servicer a Servicer Report for each Program Portfolio in the form and for the time periods reasonably requested by the Servicer from time to time.

  • Term of Agreements & Grandfathering: Agreements made within the Business Expansion Program Portfolio are not subject to the five-year maximum term.

  • Category Values & Priority Goals: The External Relocations category of the Business Expansion Program Portfolio seeks to provide strategic interventions and investments that attract outside employers relocating and expanding within the local market to grow and hire in Austin by providing needed capital/financing and support, potentially offsetting costs associated with the City regulatory environment as it relates to business growth.

  • The Business Expansion Program Portfolio will follow a regular reassessment process to include the following elements: Five-Year Program Reassessment: The Business Expansion Program Portfolio, will run with a standard five- year term to allow for changes in Austin’s economic environment, community needs and shifting policy directives.

  • The Subservicer shall perform the Services, and agrees to act hereunder, in accordance with the standard of care with respect to each Program Portfolio set forth in the related Program Portfolio Schedule and that is consistent with its Customary Servicing Practices and the SLAs. The Subservicer’s duties shall include those additional or alternate duties with respect to each Program Portfolio as reflected in the related Program Portfolio Schedule (the “Program Portfolio Services”).

  • The Subservicer shall advise the Servicer promptly of any inquiry or request received by the Subservicer from an Obligor or dealer with respect to the taking of any action for which the Subservicer does not have the authority to act hereunder or under the related Program Portfolio Schedule or that requires the consent of, or direction by, the Servicer.

  • Unless otherwise specified in the applicable Program Portfolio Schedule, the Servicer shall act as custodian, directly or indirectly, of the Contract Files for each Program Portfolio.

  • Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Program Portfolio Schedule or Annex A to the Servicing Agreement referenced therein.

  • The Servicer is a Illinois corporation validly existing and in good standing under the laws of its state of organization and has, in all material respects, full power and authority to own its assets and operate its business as presently owned or operated, and to execute, to deliver and to perform its obligations under this Agreement and each Program Portfolio Schedule to which it is a party.

Related to Program Portfolio

  • Product Portfolio means a set of information related to the DS Offerings available at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/terms/product-portfolio.

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

  • Selling Portfolio has the meaning specified in Section 2.10;

  • 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.

  • 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.