FAIR VALUATION CUTOFF Sample Clauses

FAIR VALUATION CUTOFF. In the event that BNY Mellon does not receive fair value prices from the Pricing Vendor by 4:45 p.m. Eastern time, the prices of foreign equity securities will be determined in accordance with the Fund’ current security valuation procedures adopted by the Board of Directors (excluding methodologies that contemplate use of fair value pricing adjustments from a pricing vendor). The cutoff time applies only to the fair valuation of foreign equity securities as outlined in this Schedule E, not to any other fair valuation determinations made in accordance with the Fund’ security valuation procedures adopted by the Board of Directors.
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FAIR VALUATION CUTOFF. In the event that PFPC does not receive fair value prices from the Pricing Vendor by 5:30 p.m. Eastern time, the prices of foreign equity securities will be determined in accordance with the Funds’ current security valuation procedures adopted by the Board of Trustees (excluding methodologies that contemplate fair value prices from a pricing vendor). The cutoff time applies only to the fair valuation of foreign equity securities as outlined in this Schedule, not to any other fair valuation determinations made in accordance with the Trust’s Fair Value Procedures as adopted by the Board of Trustees.
Sample 1
FAIR VALUATION CUTOFF. In the event that PFPC does not receive Fair Value Prices from the Pricing Vendor by 5:15 p.m. Eastern time on the relevant trade date (the “Cut-Off Time”), the prices of foreign equity securities will be determined in accordance with the Trust’s current security valuation procedures specified in the Pricing Policies (excluding methodologies that contemplate Fair Value Prices from a Pricing Vendor). The Cut-Off time applies only to the fair valuation of foreign equity securities as outlined in this Schedule, not to any other fair valuation determinations made in accordance with the Pricing Policies.
Sample 1
FAIR VALUATION CUTOFF. In the event that PFPC does not receive fair value prices from the Pricing Vendor by 4:45 p.m. Eastern time, the prices of foreign equity securities will be determined in accordance with the Company’s current security valuation procedures adopted by the Board of Trustees (excluding methodologies that contemplate fair value prices from a pricing
Sample 1

Related to FAIR VALUATION CUTOFF

  • Independent Liability Each Borrower hereby agrees that one or more successive or concurrent actions may be brought hereon against such Borrower, in the same action in which any other Borrower may be sued or in separate actions, as often as deemed advisable by Agent. Each Borrower is fully aware of the financial condition of each other Borrower and is executing and delivering this Agreement based solely upon its own independent investigation of all matters pertinent hereto, and such Borrower is not relying in any manner upon any representation or statement of the Agent or any Lender with respect thereto. Each Borrower represents and warrants that it is in a position to obtain, and each Borrower hereby assumes full responsibility for obtaining, any additional information concerning any other Borrower’s financial condition and any other matter pertinent hereto as such Borrower may desire, and such Borrower is not relying upon or expecting the Agent to furnish to it any information now or hereafter in the Agent’s possession concerning the same or any other matter.

  • Total Liabilities to Tangible Net Worth Permit or suffer the --------------------------------------- ratio of Consolidated Total Liabilities of the Company and its Subsidiaries to Consolidated Tangible Net Worth of the Company and its Subsidiaries to be greater than 2.00 to 1.00 at any time.

  • Consolidated Total Liabilities All liabilities of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with generally accepted accounting principles and all Indebtedness of the Borrower and its Subsidiaries, whether or not so classified.

  • Fair Market Value Fair Market Value of a share of Common Stock as of a particular date (the "Determination Date") shall mean:

  • Consolidated Current Ratio The Borrower will not permit the Consolidated Current Ratio as of the last day of any fiscal quarter ending on or after the Effective Date, to be less than 1.00 to 1.00.

  • Closing Balance Sheet (a) Within thirty (30) days following the Closing, the Sellers and Company shall cause to be prepared and delivered to Buyer an unaudited balance sheet of the Company as of the Closing Date (the “Closing Balance Sheet”). The Company and Sellers shall cause the Closing Balance Sheet to be prepared in accordance with GAAP consistent with and using the same accounting principles, policies and methods as in the audited financial statements described in Section 3.17 with contract estimates at completion (“EACs”) and estimates to complete (“ETCs”) determined on a basis consistent with the method used for determination of the Company’s audited financial statements. Sellers shall bear the cost of preparing the Closing Balance Sheet. If the Tangible Net Worth of the Company as of the Closing Date as reflected on the Closing Balance Sheet, taking into account payment of the Company Pre-Closing Liabilities, is less than $80,000, then the Escrow Deposit shall be reduced on a dollar for dollar basis to the extent of any such deficiency. The amount by which the Tangible Net Worth of the Company as of the Closing Date is less than $80,000 taking into account payment of the Company Pre-Closing Liabilities, is hereafter referred to as the “Balance Sheet Adjustment.” The amount of any Balance Sheet Adjustment shall be deducted from the Escrow Deposit and paid to Buyer within two (2) days following determination of the “Final Closing Balance Sheet” (as defined in Section 2.3(b)), prior to release of the Escrow Deposit to the Sellers. The remainder of the Escrow Deposit shall thereafter promptly be paid by Escrow Agent to the Sellers in accordance with the terms of the Escrow Agreement. To the extent that Buyer decides not to pay off the DCAA liability as described in Section 2.2(a)(iii), then such amount shall be deemed paid off for purposes of determining the Closing Balance Sheet hereunder.

  • Consolidated Net Worth Borrower will at the end of each fiscal quarter maintain Consolidated Net Worth in an amount of not less than the sum of (i) $625,000,000 plus (ii) fifty percent (50%) of the aggregate Consolidated Net Income, if positive, for the period beginning January 1, 2005 and ending on the last day of such fiscal quarter.

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