Net Asset Valuation Statement Clause Samples

Net Asset Valuation Statement. Within 45 Business Days after each Net Asset Valuation Date, DWI II shall deliver to DWA a statement (the “Net Asset Valuation Statement”) setting forth the amount, as of the relevant Net Asset Valuation Date, of (i) Specified Assets owned, legally and beneficially, by DWI II, and (ii) any Liabilities incurred by DWI II, other than Liabilities under this Agreement or the Indemnity Agreement, with reasonable detail as to the calculation of such amounts. The Net Asset Valuation Statement shall be certified by the Person employed by DWI II (or one of its affiliates) and responsible for the financial accounting of DWI II.