Common use of Engagement and Certification on International Portfolio Termination Date Clause in Contracts

Engagement and Certification on International Portfolio Termination Date. If, as at the International Portfolio Termination Date, the Company holds Non-New Zealand Portfolio Securities the Company shall promptly arrange for an International Portfolio Independent Valuer to determine (at the cost and expense of the Company) the amount which in the opinion of the International Portfolio Independent Valuer is the International Portfolio Fair Market Value of such Non-New Zealand Portfolio Securities as at the International Portfolio Termination Date and certify in writing to the Company the amount payable (if any) to the Manager under clause 9.4.5.

Appears in 4 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

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