Determination of the Net Asset Value Sample Clauses

Determination of the Net Asset Value. Following agreement or determination of the Completion Accounts in accordance with this Schedule 6, for the purposes of Clause 3.6, the amount of the Net Asset Value shall be determined by reference to the Completion Accounts. SCHEDULE 7 FORM OF COMPLETION ACCOUNTS Completion Accounts – Balance Sheet As at Completion Date Flying Dragon Group SAV Hospitality Limited NAV adjustment [1] NAV adjustment NAV adjustment NAV adjustment [….] Combined Balance Sheet HK$ HK$ HK$ HK$ HK$ HK$ HK$ Non-current assets Investment in a subsidiary Investment property Property, plant and equipment Right-of-use assets Deferred taxation assets ────────── ────────── ────────── ────────── ────────── ────────── ────────── ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ Current assets Inventories Accounts receivable Prepayments and deposits Current account with Xxxxx Limited Cash and bank balances ────────── ────────── ────────── ────────── ────────── ────────── ────────── ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ Current liabilities Accounts payable Accruals and other payables Current account with Xxxxxx’x Bank loans Lease liabilities ────────── ────────── ────────── ────────── ────────── ────────── ────────── ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ Net current assets/(liabilities) ────────── ────────── ────────── ────────── ────────── ────────── ────────── Non- current liabilities Lease liabilities ────────── ────────── ────────── ────────── ────────── ────────── ────────── Net asset value ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ Equity Share capital Property, plant and equipment revaluation reserve Retained earnings/(accumulated losses) ────────── ────────── ────────── ────────── ────────── ────────── ────────── Shareholder’s equity ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ ══════════ Completion Accounts – Statement of Comprehensive Income For the period from 1 April 2021 up to Completion Date Flying SAV NAV NAV NAV NAV Combined Statement of Dragon Hospitality adjustment adjustment adjustment adjustment Comprehensive Group Limited [3] [….] Income HK$ HK$ HK$ HK$ HK$ HK$ HK$ Revenues Cost of sales Gross profit Other income and net gain/(loss) Selling and marketing expenses Administrative and other operating expenses Change in fair value of investment properties ────────── ────────── ────────── ────────── ────────── ───────...
Sample 1
AutoNDA by SimpleDocs
Determination of the Net Asset Value. Under the responsibility of the Manager and the General Partner, the Administrative Agent shall determine on each Valuation Day, in accordance with Generally Accepted Accounting Principles in Luxembourg and Luxembourg law, the Net Asset Value (“NAV”) of the Partnership and within the conditions as set-out in the Term Sheet. The NAV of a Partnership consists of the market value of such Partnership’s consolidated assets less its consolidated liabilities determined in accordance with the Articles of Incorporation. The market value of the Partnership’s consolidated assets represents the Net Gross Asset Value (“GAV”) of the Partnership. Below is the method to be used for the determination and calculation of the NAV.
Sample 1
Determination of the Net Asset Value. The Net Asset Value of the Units of the Partnership shall be expressed in the Reference Currency. The General Partner shall set the methods whereby the Net Asset Value is made public, in compliance with the legislation in force. Such calculation shall be carried out by the Central Administrative Agent, under the supervision and the responsibility of the General Partner.
Sample 1

Related to Determination of the Net Asset Value

  • Determination of Fair Market Value For purposes of this Section 10.2, “fair market value” of a share of Common Stock as of a particular date (the “Determination Date”) shall mean:

  • Calculation of Liquidation Amount Upon the occurrence of a Liquidation Date:

  • Determination of Clearing Price The Selling Shareholder and the Placement Agents shall have determined, in writing, the clearing price for the Securities in the Auction.

  • Average Contribution Amount For purposes of this Agreement, to ensure that all employees enrolled in health insurance through the City’s HSS are making premium contributions under the Percentage-Based Contribution Model, and therefore have a stake in controlling the long term growth in health insurance costs, it is agreed that, to the extent the City's health insurance premium contribution under the Percentage-Based Contribution Model is less than the “average contribution,” as established under Charter section A8.428(b), then, in addition to the City’s contribution, payments toward the balance of the health insurance premium under the Percentage-Based Contribution Model shall be deemed to apply to the annual “average contribution.” The parties intend that the City’s contribution toward employee health insurance premiums will not exceed the amount established under the Percentage-Based Contribution Model.

  • Determination of One-Month LIBOR Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date. “One-Month LIBOR” will be determined by using the “Interest Settlement Rate” for U.S. dollar deposits with a maturity of one month set by ICE Benchmark Administration Limited (“ICE”) as of 11:00 a.m. (London time) on the LIBOR Adjustment Date (the “ICE Method”). ICE’s Interest Settlement Rates are currently displayed on Bloomberg L.P.’s page “BBAM.” That page, or any other page that may replace page BBAM on that service or any other service that ICE nominates as the information vendor to display the ICE’s Interest Settlement Rates for deposits in U.S. dollars, is a “Designated Page.” ICE’s Interest Settlement Rates currently are rounded to five decimal places. If ICE’s Interest Settlement Rate does not appear on the Designated Page as of 11:00 a.m. (London time) on a LIBOR Adjustment Date, or if the Designated Page is not then available, One-Month LIBOR for that date will be the most recently published Interest Settlement Rate. If ICE no longer sets an Interest Settlement Rate, Freddie Mac will designate an alternative index that has performed, or that Freddie Mac (or its agent) expects to perform, in a manner substantially similar to ICE’s Interest Settlement Rate.

  • Determination Final The determination by Xxxxxxx Mac or the Global Agent of the interest rate on the Notes and the determination of any payment on any Note (or any interim calculation in the determination of any such interest rate, index or payment) shall, absent manifest error, be final and binding on all parties. If a principal or interest payment error occurs, Xxxxxxx Mac or the Global Agent may correct it by adjusting payments to be made on later Payment Dates or in any other manner Xxxxxxx Mac or the Global Agent considers appropriate. If the source of One-Month LIBOR changes in format, but Xxxxxxx Mac or the Global Agent determines that the source continues to disclose the information necessary to determine the related Class Coupon substantially as required, Xxxxxxx Mac will amend the procedure for obtaining information from that source to reflect the changed format. All One-Month LIBOR values used to determine interest payments are subject to correction within 30 days from the applicable payment. The source of a corrected value must be the same source from which the original value was obtained. A correction might result in an adjustment on a later date to the amount paid to the Holder.

  • Calculation of Service 25.7 For purposes of calculating continuous service and active service, a year shall be deemed to consist of two hundred and sixty-one (261) working days.

  • Average Log Length and Payment Reduction If the average log length for all logs delivered under this contract is less than the average log length specified in the table in clause G-024.2, The amount of allowable payment reduction shall be calculated by multiplying the payment rate in P-028.2 by the total volume delivered, and the difference between the average length of logs delivered and the average log length specified in G-024.2, times 1% as follows: Log Length Payment Reduction = (B x V x L) x (.01) 1/10th) Where: B = Bid rate from P-028.2 clause V = total delivered log Volume L = Length in feet below specified average (rounded to nearest Average log length payment reductions calculated by the Purchaser must be approved by the State, prior to payment for the final billing period. Third-party scaling organization information is required to determine Xxxxxxxx mbf and Average log length for payment reduction purposes. Average log length is determined on a piece count basis. Value of log length price reduction will be derived from the applicable sort value as described in this contract. Scale information for determining Average log length for payment reduction eligibility must be obtained from roll-out scale. Truck-ramp, sample scaling, and/or bundle scaling information is not acceptable for determining eligibility. Purchaser’s exclusive remedy for below average log lengths shall be the payment reduction described in this clause, notwithstanding other provisions in the Uniform Commercial Code.

  • Determination of Position(s) The Appointing Authority shall determine the position(s) in the class or class option, if one exists, and employment condition and work location which is to be eliminated.

  • Salary Determination 12.5.1 A unit member shall receive a salary not less than the minimum salary nor more than the maximum salary (Articles 12.3 and 12.4) for the rank to which appointed, except as provided in Articles 4.15, 5.6, 10.6.1 or Article 10.6.1.1. The effective dates for salaries shall be the appropriate dates specified in Article 12.2.2.

Time is Money Join Law Insider Premium to draft better contracts faster.