Net Investment Clause Samples
The Net Investment clause defines how the total amount of money invested, after accounting for certain deductions or adjustments, is calculated for the purposes of the agreement. Typically, this clause specifies which costs, fees, or returns are included or excluded when determining the net amount invested by a party, such as subtracting repayments, interest, or expenses from the gross investment. Its core practical function is to ensure clarity and consistency in financial calculations, thereby preventing disputes over the actual value of an investment in various scenarios, such as buyouts, profit sharing, or exit events.
Net Investment. “Net Investment” is the quantity that is determined as follows: Net Investment = Gross Plant Investment - Depreciation Reserve + CWIP + PHFU - ADIT + Working Capital where the quantities appearing in the foregoing equation are defined hereinafter below. In determining Net Investment hereunder, each component thereof, other than Cash Allowance, shall be determined as the end-of-year balances in the Accounts specified for the relevant Cost Year.
Net Investment. FACTOR The net investment factor for each subaccount for each valuation period is determined by dividing a) by b) and subtracting c) from the result, where:
a) is equal to the net asset value of the subaccount as of the end of the valuation period; PLUS the amount of all investment income and capital gains, realized or unrealized, credited to the net assets of the subaccount during the valuation period; MINUS the amount of capital losses, realized or unrealized, charged against the net assets during the valuation period; MINUS the amount charged against the subaccount for taxes, or any amount set aside during the valuation period by the company as a provision for taxes attributable to the operation or maintenance of the subaccount; b) is equal to the net asset value of the subaccount for the immediately preceding valuation period; MINUS the amount charged against the subaccount for taxes, or any amount set aside during the valuation period by the company as a provision for taxes attributable to the operation or maintenance of the subaccount; c) is a charge no greater than 0.0034035% of the daily net assets in the subaccount for each day in the valuation period. The assumed interest rate in the Variable Option Tables is 5.00% per year. The daily assumed interest factor derived from an assumed interest rate of 5.00% is 0.9998663. We may also offer other assumed interest rates and other variable payment options from time to time, which may be available at the time you elect your option.
Net Investment. Factor The ratio of the sub-account performance of the current valuation day to the immediately prior valuation day. The sub-account performance includes gains or losses in the sub-accounts, dividends paid, any capital gains or losses, any taxes, mortality and expense risk charges, and asset-based administration charges.
Net Investment. With respect to any portion of the Nuclear Fuel, the excess of the amount of the Investment in such portion over the aggregate amount of the Basic Heat Supply Charge, if any, theretofore paid by El Paso to the Trustee in respect of such portion. In addition, Net Investment shall be reduced by the amount of any payment made by El Paso to the Trustee for application pursuant to Section 3(a) (i) of the Purchase Contract.
Net Investment. Factor The Net Investment Factor measures the investment performance of a Sub-Account from one Valuation Period to the next. This factor is equal to 1.000000 plus the result (which may be positive or negative) from dividing (a) by (b) and subtracting (c) and (d) where:
Net Investment. Factor — Each Subaccount’s Net Investment Factor for any valuation period is equal to (A / B) — C, where:
Net Investment. Factor Contract Maintenance Charge Mortality Risk Charge, Expense Risk and Administration Charge Premium Taxes Contingent Deferred Sales Charge