NAV Valuation. Individual securities held by an Investment Option are valued using market quotations or independent pricing services. If market quotations or independent pricing services are not readily available, or if events that have a significant effect on the value of an investment occur between the time when its price is determined and the time a portfolio’s NAV per share is calculated, a security’s “fair value,” as determined in good faith, may be used.
Appears in 5 contracts
Samples: www.itppv.com, www.itppv.com, www.itppv.com
NAV Valuation. Individual securities held by an Investment Option are valued using market quotations or independent pricing services. If market quotations or independent pricing services are not readily available, or if events that have a significant effect on the value of an investment occur between the time when its price is determined and the time a portfolio’s NAV per share is calculated, a security’s “fair value,” as determined in good faith, may be used.pricing
Appears in 1 contract
Samples: Participation Agreement
NAV Valuation. Individual securities held by an Investment Option are valued using market quotations or independent pricing services. If market quotations or independent pricing services are not readily available, or if events that have a significant effect on the value of an investment occur between when the time when its price is determined and the time when a portfolio’s NAV per share is calculated, a security’s “fair value,” , as determined in good faith, may be used.
Appears in 1 contract
Samples: Participation Agreement