Computation of Net Asset Value. The net asset value per share of the Acquiring Fund Merger Shares and the net value of the assets of the Acquired Fund subject to this Agreement shall, in each case, be determined as of the Close of Trading on the NYSE on the Valuation Date, after the declaration and payment of any dividend on that date. The net asset value of the Acquiring Fund Merger Shares shall be determined pursuant to the regular procedures of the investment adviser on behalf of the Funds. In determining the value of the securities transferred by the Acquired Fund to the Acquiring Fund, the value of such assets shall be determined pursuant to the regular procedures of the investment adviser on behalf of the Funds.
Computation of Net Asset Value. (a) The net asset value per share of each class of Buying Fund Shares, and the value of the assets and the amount of the Liabilities of Selling Fund, shall, in each case, be determined as of the close of regular trading on the NYSE on the business day next preceding the Closing Date (the "Valuation Date").
Computation of Net Asset Value. The Manager acknowledges and agrees with the Trustee that the Manager reserves and retains the power and authority to value the assets of the Funds either directly or through an agent appointed by the Manager, including the determination of the Series Net Asset Value of the Fund, Series Net Asset Value per Unit and the computation of Net Income and Net Realized Capital Gains for distribution purposes for each of the Funds in accordance with Applicable Laws. The Manager, in its discretion, may appoint a service provider, including RBC IST or an affiliate of the Manager, to provide the foregoing valuation services for the Manager on behalf of the Funds.
Computation of Net Asset Value. The net asset value per share of the Acquired Fund Common Stock and the Acquiring Fund Common Stock shall be determined as of the Valuation Time, and no formula will be used to adjust the net asset value per share so determined of either of the parties' common stock to take into account differences in realized and unrealized gains and losses. The value of the assets of the Acquired Fund to be transferred to the Acquiring Fund shall be determined by the Acquiring Fund pursuant to the principles and procedures consistently utilized by the Acquiring Fund in valuing its own assets and determining its own liabilities for purposes of the Merger, which principles and procedures are substantially similar to those employed by the Acquired Fund when valuing its own assets and determining its own liabilities. Such valuation and determination shall be made by the Acquiring Fund in cooperation with the Acquired Fund and shall be confirmed in writing by the Acquiring Fund to the Acquired Fund. The net asset value per share of Acquiring Fund Common Stock shall be determined in accordance with such procedures, and the Acquiring Fund shall certify the computations involved. (c)
Computation of Net Asset Value. The net asset value per share of the Acquiring Fund Shares and the net value of the assets of the Acquired Fund subject to this Agreement shall, in each case, be determined as of the Close of Trading on the NYSE on the Valuation Date, after the declaration and payment of any dividend on that date. The net asset value of the Acquiring Fund Shares shall be computed in the manner set forth in the Acquiring Fund Municipals Trust N-1A. In determining the value of the securities transferred by the Acquired Funds to the Acquiring Fund, such assets shall be priced in accordance with the policies and procedures described in the Acquiring Fund Municipals Trust N-1A.
Computation of Net Asset Value. (a) The net asset value of Acquiring Fund Shares, and the net value of the assets of the corresponding Acquired Fund, shall be determined as of the Effective Time.
Computation of Net Asset Value. (a) The net asset value of the Portfolio Shares and the net value of the assets of Bairx Xxxe Chip subject to this Agreement shall, in each case, be determined as of the close of business on the NYSE on the Valuation Date.
Computation of Net Asset Value. The net asset value per share of the AC Fund Shares and the net value of the assets of EV Fund subject to this Agreement shall, in each case, be determined as of the Close of Trading on the NYSE on the Valuation Date, after the declaration and payment of any dividend on that date. The net asset value of the AC Fund Shares shall be computed in the manner set forth in the Growth Trust Form N-1A. In determining the value of the assets transferred by EV Fund to AC Fund, such assets shall be priced in accordance with the policies and procedures described in the Growth Trust N-1A. All such computations shall be subject to review, in the discretion of Growth Trust's Treasurer, by Deloitte & Touche LLP, Growth Trust's auditors.
Computation of Net Asset Value. (A) To the aggregate value of investments determined in the manner required by Section 9.01, there shall be added (1) any cash or cash equivalents, adjusted as required by Section 9.01(A)(5) and (2) any other amounts properly allocable to the Investment Fund. From the total so obtained there shall be deducted all charges, reserves and liabilities due, accrued or anticipated, as described in Section 9.04, which are properly chargeable to the Investment Fund. The net amount remaining shall be deemed to be the Net Asset Value of the Investment Fund as of the date of valuation.
Computation of Net Asset Value. The net asset value per share of the National Fund Shares and the net value of the assets of State Fund subject to this Agreement shall, in each case, be determined as of the Close of Trading on the NYSE on the Valuation Date, after the declaration and payment of any dividend on that date. The net asset value of the National Fund Shares shall be computed in the manner set forth in the National Investment Trust Form N-1A. In determining the value of the securities transferred by State Fund to National Fund, each security shall be priced in accordance with the policies and procedures described in the National Investment Trust N-1A. All such computations shall be subject to review, in the discretion of Investment Trust's Treasurer, by Deloitte & Touche LLP, Investment Trust auditors.
