NAV. The Company’s net asset value, calculated pursuant to the Valuation Guidelines. Net Income. For any period, the Company’s total revenues applicable to such period, less the total expenses applicable to such period other than additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of the Company’s assets.
NAV. The net asset value of all Assets calculated by the total value of all Assets minus the total value of all liabilities. For the purposes of determining, the Properties shall be valued as of the date specified by the Board of Directors.
NAV. Net Asset Value. The NAV per unit of an Option is calculated by dividing the Option’s net assets by the number of outstanding units on a given date. Non-Qualified Withdrawal: A Non-Qualified Withdrawal generally is any withdrawal from an Account that is not: A Qualified Withdrawal; or A Qualified Rollover. NRSRO: Nationally Recognized Statistical Rating Organization. NYSE: New York Stock Exchange. Option: Any investment option available to Account Owners through the Tomorrow’s Scholar® 529 Plan. Program Description: This program description and participation agreement, including any supplements that may be issued from time to time. Program Manager: Voya Funds Services, LLC; Voya Investments Distributor, LLC; and certain affiliates which collectively provide management, administration, distribution, recordkeeping, and certain administrative services to the Tomorrow’s Scholar® 529 Plan.
NAV. The Company’s net asset value, calculated pursuant to the Valuation Guidelines; provided, however, that until the Registration Statement is declared effective by the Securities and Exchange Commission, the NAV will be calculated in accordance with past practices and will not be calculated on a daily basis. Net Income. For any period, the Company’s total revenues applicable to such period, less the total expenses applicable to such period other than additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of the Company’s assets.
NAV. On the Agreement Date, each Fund’s Market-Based NAV, determined at the time of the determination, in accordance with Rule 22c-1, of its final NAV for such date, was greater than or equal to $0.995;
NAV. (a) Permit the aggregate NAV of such Borrower’s investment portfolio to decline in value by more than 50% in any single calendar quarter; or
(b) As of the last day of a measurement period, permit the NAV per share price, as calculated at the end of that period and adding back the amount or value of all Restricted Payments made by such Fund during such period to NAV, to decline by more than (i) 25% from the NAV per share price of such Fund as of the last day of the previous calendar quarter or (ii) 35% from the NAV per share price of such Fund as of the last day of the calendar quarter-end twelve (12) months before the current calendar quarter. For the avoidance of doubt, when calculating the NAV per share of the previous period as described in (i) and (ii) there will be no add back of Restricted Payments.
NAV. The Company’s net asset value, calculated pursuant to the Valuation Guidelines. NAV Pricing Start Date. The first date on which the Company calculates NAV. Net Income. For any period, the Company’s total revenues applicable to such period, less the total expenses applicable to such period other than additions to reserves for depreciation, bad debts or other similar non-cash reserves and excluding any gain from the sale of the Assets. If the Advisor is paid a Subordinated Performance Fee in connection with a Listing, “Net Income” for purposes of calculating total Operating Expenses, shall exclude the gain from the Sale of any Assets.
