Examples of Pricing Procedures in a sentence
It is understood and agreed that for purposes of this Section 4(a), "direct damages" shall include, but shall not be limited to, all legal costs, penalties, reimbursement for excess distribution and redemption payments, repurchasing costs for servicing agents and reimbursement to the Funds for net asset value breaks (as calculated under the Pricing Procedures).
The Pricing Procedures reflect certain pricing methodologies (or “logics”) that are not “readily available market quotations” and thus are viewed and treated as fair valuations.
It is understood and agreed that for purposes of this Section 4(a), "direct damages" shall include, but shall not be limited to, all legal costs, penalties, reimbursement for excess distribution and redemption payments, repurchasing costs for servicing agents and reimbursement to the Master Portfolios for net asset value breaks (as calculated under the Pricing Procedures).
The fair valuation policies and procedures (“FV Procedures”) have been adopted by the Board for the fair valuation of portfolio assets held by the Funds in the event that (1) market quotations for the current price of a portfolio security or asset are not readily available, or (2) available market quotations that would otherwise be used to value a portfolio security or asset in accordance with the Fund’s Pricing Procedures appear to be unreliable.
It is understood and agreed that for purposes of this Section 4(a), "direct damages" shall include, but shall not be limited to, all legal costs, penalties, reimbursement for excess distribution and redemption payments, repurchasing costs for servicing agents and reimbursement to the Portfolios for net asset value breaks (as calculated under the Pricing Procedures).
When such prices or quotations are not available, or when the Valuation Designee believes that they are unreliable, securities may be priced using Fair Value Pricing Procedures ("Pricing Procedures") approved by the Board.
Services to be performed by PNC pursuant to Section 15 of the Agreement shall be limited to the following: • Daily calculation and monitoring of the “trigger.” • Use the appropriate futures contract for “trigger” calculations based on the timeline in Exhibit A to the Fund’s Fair Value Pricing Procedures.
If in the reasonable opinion of the Sub-Adviser the price information provided by the Pricing Procedures for any Fund asset is inaccurate, the Sub-Adviser shall so advise the Fund and the Adviser and shall thereupon provide, at its expense, pricing for such asset until such time as it reasonably determines that the price information for such Fund asset provided by the Pricing Procedures is accurate.
The fair valuation policies and procedures (“FV Procedures”) have been adopted by the Board for the fair valuation of portfolio assets held by the Fund(s) in the event that (1) market quotations for the current price of a portfolio security or asset are not readily available, or (2) available market quotations that would otherwise be used to value a portfolio security or asset in accordance with the Fund’s Pricing Procedures appear to be unreliable.
As to any dispute arising between the parties pertaining to the Pricing Procedures both parties agree to be bound by any mutual resolution of that dispute reached by Boston’s and Mxxxxx’x respective auditors.