Net Asset Value per Unit Sample Clauses

Net Asset Value per Unit. The Net Asset Value of each Unit of Limited Partnership Interest and each Unit of General Partnership Interest shall be determined by dividing the Net Assets of the Partnership by the aggregate number of Units of Limited and General Partnership Interest outstanding.
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Net Asset Value per Unit. The “Net Asset Value per Unit” shall mean the Net Asset Value allocated to capital accounts represented by Units of Limited Partnership Interest of a Class divided by the aggregate number of Units of Limited Partnership Interest of such Class.
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Net Asset Value per Unit. The Net Asset Value of each Unit shall be determined by dividing the Net Assets of the Company by the aggregate number of Units outstanding.
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Net Asset Value per Unit. The Initial Costs and the Fixed Costs Provision will be amortized over the period from but excluding the Closing Date to 16 December 2011. As a result of such amortization, Net Asset Value of the Series Trust will be reduced. The Net Asset Value will be increased on the Note Maturity Date or such earlier day as the Manager shall determine following the date on which the Notes may be redeemed in full by the Issuer, as described in the section headed "Risk Factors - Investment in the Notes - The Notes may be redeemed early at an amount less than US$0.01 per Note") (the "End Date") by an amount equal to that portion of the Fixed Costs Provision (if any) that remains in the Trust Fund after accounting for all fixed costs incurred up to and including the End Date (the "Unspent Provision"). Such Unspent Provision will be shared among the Units outstanding at the End Date. Unitholders who have had their Units repurchased prior to the End Date will not receive a share of this Unspent Provision and will bear a disproportionately larger percentage of the Fixed Costs Provision than they would have borne had their Units been repurchased on or after the End Date. There can be no assurance that an increase in the bid prices of the Notes will result in an increase in Net Asset Value per Unit. Similarly, there can be no assurance that Net Asset Value per Unit will increase (or decrease) by a percentage which corresponds to percentage increases (or decreases) in the value or bid prices of the Notes.
Sample 1
Net Asset Value per Unit. The Net Asset Value of the Partnership divided by the number of Units outstanding as of the date of calculation. Net Asset Value of the Partnership. Total assets of the Partnership less total liabilities, all as determined in accordance with the principles set forth in this Agreement or, where no such principles are specified herein, in accordance with United States generally accepted accounting principles applied on a consistent basis. The value of all Investments shall be the market value thereof. The value of a Commodity traded on an exchange shall be the settlement or closing price thereof on the exchange on the date of determination; provided, however, that if a Commodity could not be liquidated on the day with respect to which the assets of the Partnership are being determined, the settlement or closing price on the first subsequent day on which the contract could be liquidated shall be the basis for determining the liquidating value thereof. The market value of a Commodity not traded on an exchange shall mean its market value as determined by the General Partner on a basis consistently applied.
Sample 1
Net Asset Value per Unit. The Net Asset Value of the Partnership divided by the number of Units outstanding as of the date of calculation. Net Asset Value of the Partnership. Total assets of the Partnership less total liabilities, all as determined in accordance with the principles set forth in this Agreement or, where no such principles are specified herein, in accordance with United States generally accepted accounting principles applied on a consistent basis.
Sample 1
Net Asset Value per Unit. Attributable to Unitholders Net asset value per unit is calculated based on the net assets attributable to unitholders of the Group of HK$20,579.7 million (31 December 2013: HK$19,109.3 million) and the total number of 1,869,688,995 (31 December 2013: 1,862,533,814) units in issue or to be issued, including the new units to be issued as payment of Manager’s base fee.
Sample 1
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Related to Net Asset Value per Unit

  • Net Asset Value The net asset value of each outstanding Share of the Trust shall be determined at such time or times on such days as the Trustees may determine, in accordance with the 1940 Act. The method of determination of net asset value shall be determined by the Trustees and shall be as set forth in the Prospectus or as may otherwise be determined by the Trustees. The power and duty to make the net asset value calculations may be delegated by the Trustees and shall be as generally set forth in the Prospectus or as may otherwise be determined by the Trustees.

  • Constant Net Asset Value If the Trust or any Series or Class holds itself out as a money market or stable value fund, the Trustees shall have the power to reduce the number of outstanding Shares of the Trust or such Series or Class by reducing the number of Shares in the account of each Shareholder on a pro rata basis, or to take such other measures as are not prohibited by the 1940 Act, so as to maintain the net asset value per share of the Trust or such Series or Class at a constant dollar amount.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Determination of Net Asset Value The Trustees shall cause the Net Asset Value of Shares of each Series or Class to be determined from time to time in a manner consistent with applicable laws and regulations. The Trustees may delegate the power and duty to determine Net Asset Value per Share to one or more Trustees or officers of the Trust or to a custodian, depository or other agent appointed for such purpose. The Net Asset Value of Shares shall be determined separately for each Series or Class at such times as may be prescribed by the Trustees or, in the absence of action by the Trustees, as of the close of regular trading on the New York Stock Exchange on each day for all or part of which such Exchange is open for unrestricted trading.

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

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