PORTFOLIO PERFORMANCE Clause Samples
PORTFOLIO PERFORMANCE. The investment performance of the Chartwell Portfolio for any period, expressed as a percentage of the "Chartwell Portfolio unit value" per share at the beginning of the period, will be the sum of: (i) the change in the Chartwell Portfolio's net asset value per share during the period; (ii) the unit value of the Fund's cash distributions from Chartwell Portfolio's net investment income and realized net capital gains (whether short or long term) having an ex-dividend date occurring within the period; (iii) the unit value of capital gains taxes paid or accrued during such period by the Fund for undistributed realized long-term capital gains realized by the Chartwell Portfolio. For this purpose, the unit value of distributions per share of realized capital gains, of dividends per share paid from investment income and of capital gains taxes per share paid or payable on undistributed realized long- term capital gains shall be treated as reinvested in the Chartwell Portfolio at the unit value in effect at the close of business on the record date for the payment of such distributions and dividends and the date on which provision is made for such taxes, after giving effect to such distributions, dividends and taxes.
PORTFOLIO PERFORMANCE dend date occurring within the period; (iii) the per share amount of capital gains taxes paid or accrued during such period by the Fund for undistributed realized long-term capital gains.
PORTFOLIO PERFORMANCE. The investment performance of the ▇▇▇▇▇ Portfolio for any period, expressed as a percentage of the "▇▇▇▇▇ Portfolio unit value" per share at the beginning of such period will be the sum of: (i) the change in the Fund's net asset value per share during the period; (ii) the value of the Fund's cash distributions per share having an ex-dividend date occurring within the period; (iii) the per share amount of capital gains taxes paid or accrued during such period by the Fund for undistributed realized long-term capital gains.
PORTFOLIO PERFORMANCE. The investment performance of the Granahan Por▇▇▇▇▇▇ for any period, expressed as a percentage of the "Granahan Portfolio unit val▇▇" ▇▇▇ share at the beginning of the period, will be the sum of: (i) the change in the Granahan Por▇▇▇▇▇▇'▇ net asset value per share during the period; (ii) the unit value of the Fund's cash distributions from Granahan Por▇▇▇▇▇▇'▇ net investment income and realized net capital gains (whether short or long term) having an ex-dividend date occurring within the period; (iii) the unit value of capital gains taxes paid or accrued during such period by the Fund for undistributed realized long-term capital gains realized by the Granahan Por▇▇▇▇▇▇. For this purpose, the unit value of distributions per share of realized capital gains, of dividends per share paid from investment income and of capital gains taxes per share paid or payable on undistributed realized long-term capital gains shall be treated as reinvested in the Granahan Portfolio at the ▇▇▇▇ value in effect at the close of business on the record date for the payment of such distributions and dividends and the date on which provision is made for such taxes, after giving effect to such distributions, dividends and taxes.
PORTFOLIO PERFORMANCE. The table on the next page shows how the performance of the Portfolios has varied over the periods indicated. The performance data includes each Portfolio’s asset-based fee but does not include other charges associated with an investment in the Plan. See Part V.
PORTFOLIO PERFORMANCE. The Borrower shall maintain a delinquency ratio for its servicing portfolio (including, in determining the delinquency ratio, Mortgage Assets with respect to which the Monthly Payments are 30 days or more delinquent, Mortgage Assets with respect to which the related Mortgaged Property is the subject of a foreclosure proceeding and REO properties) of 12% or less.
PORTFOLIO PERFORMANCE. The investment performance of the Granahan Portfolio for any ▇▇▇▇▇▇, expressed as a percentage of the "Granahan Portfolio unit va▇▇▇" ▇▇▇ share at the beginning of the period, will be the sum of: (i) the change in the Granahan Portfolio's net a▇▇▇▇ ▇▇▇ue per share during the period; (ii) the unit value of the Fund's cash distributions from Granahan Portfolio's net i▇▇▇▇▇▇▇▇t income and realized net capital gains (whether short or long term) having an ex-dividend date occurring within the period; (iii) the unit value of capital gains taxes paid or accrued during such period by the Fund for undistributed realized long-term capital gains realized by the Granahan Portfolio. For th▇▇ ▇▇▇▇▇se, the unit value of distributions per share of realized capital gains, of dividends per share paid from investment income and of capital gains taxes per share paid or payable on undistributed realized long- term capital gains shall be treated as reinvested in the Granahan Portfolio at the ▇▇▇▇ ▇▇▇ue in effect at the close of business on the record date for the payment of such distributions and dividends and the date on which provision is made for such taxes, after giving effect to such distributions, dividends and taxes.