Common use of Computation of Net Asset Value Clause in Contracts

Computation of Net Asset Value. (a) The net asset value of the Portfolio Shares and the net value of the assets of Xxxxx Capital Development subject to this Agreement shall, in each case, be determined as of the close of business on the NYSE on the Valuation Date. (b) The net asset value of the Portfolio Shares shall be computed in the manner set forth in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. (c) The net value of the assets of Xxxxx Capital Development subject to this Agreement shall be computed by AIM Equity and shall be subject to adjustment by the amount, if any, agreed to by Xxxxx Capital Development and AIM Equity. In determining the value of the securities transferred by Xxxxx Capital Development to the Portfolio, each security shall be priced in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. For such purposes, market quotes and the security characteristics relating to establishing such quotes shall be determined by AIM Equity, with the approval of Xxxxx Capital Development. Securities for which market quotes are not available shall be valued as mutually agreed by AIM Equity and Xxxxx Capital Development, provided that such value is consistent with the pricing procedures adopted by AIM Equity. All computations shall be made by AIM Equity in cooperation with the auditors of AIM Equity and the auditors of Xxxxx Capital Development, who will apply certain procedures agreed to by AIM Equity and Xxxxx Capital Development to test such computations.

Computation of Net Asset Value. (a) The net asset value of the Portfolio Shares and the net value of the assets of Xxxxx Capital Development 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. (b) The net asset value of the Portfolio Shares shall be computed in the manner set forth in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. (c) The net value of the assets of Xxxxx Capital Development Bairx Xxxe Chip subject to this Agreement shall be computed by AIM Equity and shall be subject to adjustment by 10 the amount, if any, agreed to by Xxxxx Capital Development Bairx Xxxe Chip and AIM Equity. In determining the value of the securities transferred by Xxxxx Capital Development Bairx Xxxe Chip to the Portfolio, each security shall be priced in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. For such purposes, market quotes and the security characteristics relating to establishing such quotes shall be determined by AIM Equity, with the approval of Xxxxx Capital DevelopmentBairx Xxxe Chip. Securities for which market quotes are not available shall be valued as mutually agreed by AIM Equity and Xxxxx Capital DevelopmentBairx Xxxe Chip, provided that such value is consistent with the pricing procedures adopted by AIM Equity. All computations shall be made by AIM Equity in cooperation with the auditors of AIM Equity and the auditors of Xxxxx Capital DevelopmentBairx Xxxe Chip, who will apply certain procedures agreed to by AIM Equity and Xxxxx Capital Development Bairx Xxxe Chip to test such computations.

Computation of Net Asset Value. (a) The net asset value of the Portfolio Shares and the net value of the assets of Xxxxx Capital Development Quality Bond subject to this Agreement shall, in each case, be determined as of the close of business on the NYSE on the Valuation Date. (b) The net asset value of the Portfolio Shares shall be computed in the manner set forth in accordance with the policies and procedures of the Portfolio as described in the AEF AFG Registration Statement. (c) The net value of the assets of Xxxxx Capital Development Quality Bond subject to this Agreement shall be computed by AIM Equity AFG and shall be subject to adjustment by the amount, if any, agreed to by Xxxxx Capital Development TBFI and AIM EquityAFG. In determining the value of the securities transferred by Xxxxx Capital Development Quality Bond to the Portfolio, each security shall be priced in accordance with the policies and procedures of the Portfolio as described in the AEF AFG Registration Statement. For such purposes, market quotes and the security characteristics relating to establishing such quotes shall be determined by AIM EquityAFG, with the approval of Xxxxx Capital DevelopmentTBFI. Securities for which market quotes are not available shall be valued as mutually agreed by AIM Equity AFG and Xxxxx Capital DevelopmentTBFI, provided that such value is consistent with the pricing procedures adopted by AIM EquityAFG. All computations shall be made by AIM Equity AFG in cooperation with the auditors of AIM Equity AFG and the auditors of Xxxxx Capital DevelopmentTBFI, who will apply certain procedures agreed to by AIM Equity AFG and Xxxxx Capital Development TBFI to test such computations.

Computation of Net Asset Value. (a) The net asset value of the Portfolio Shares and the net value of the assets of Xxxxx Capital Bairx Xxxital Development subject to this Agreement shall, in each case, be determined as of the close of business on the NYSE on the Valuation Date. (b) The net asset value of the Portfolio Shares shall be computed in the manner set forth in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. (c) The net value of the assets of Xxxxx Capital Bairx Xxxital Development subject to this Agreement shall be computed by AIM Equity and shall be subject to adjustment by the amount, if any, agreed to by Xxxxx Capital Bairx Xxxital Development and AIM Equity. In determining the value of the securities transferred by Xxxxx Capital Bairx Xxxital Development to the Portfolio, each security shall be priced in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. For such purposes, market quotes and the security characteristics relating to establishing such quotes shall be determined by AIM Equity, with the approval of Xxxxx Capital Bairx Xxxital Development. Securities for which market quotes are not available shall be valued as mutually agreed by AIM Equity and Xxxxx Capital Bairx Xxxital Development, provided that such value is consistent with the pricing procedures adopted by AIM Equity. All computations shall be made by AIM Equity in cooperation with the auditors of AIM Equity and the auditors of Xxxxx Capital Bairx Xxxital Development, who will apply certain procedures agreed to by AIM Equity and Xxxxx Capital Bairx Xxxital Development to test such computations.

Computation of Net Asset Value. (a) The net asset value of the Portfolio Shares and the net value of the assets of Xxxxx Capital Development Blue Chip subject to this Agreement shall, in each case, be determined as of the close of business on the NYSE on the Valuation Date. (b) The net asset value of the Portfolio Shares shall be computed in the manner set forth in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. (c) The net value of the assets of Xxxxx Capital Development Blue Chip subject to this Agreement shall be computed by AIM Equity and shall be subject to adjustment by the amount, if any, agreed to by Xxxxx Capital Development Blue Chip and AIM Equity. In determining the value of the securities transferred by Xxxxx Capital Development Blue Chip to the Portfolio, each security shall be priced in accordance with the policies and procedures of the Portfolio as described in the AEF Registration Statement. For such purposes, market quotes and the security characteristics relating to establishing such quotes shall be determined by AIM Equity, with the approval of Xxxxx Capital DevelopmentBlue Chip. Securities for which market quotes are not available shall be valued as mutually agreed by AIM Equity and Xxxxx Capital DevelopmentBlue Chip, provided that such value is consistent with the pricing procedures adopted by AIM Equity. All computations shall be made by AIM Equity in cooperation with the auditors of AIM Equity and the auditors of Xxxxx Capital DevelopmentBlue Chip, who will apply certain procedures agreed to by AIM Equity and Xxxxx Capital Development Blue Chip to test such computations.