Common use of Semi-Annual Determination of Net Asset Value Clause in Contracts

Semi-Annual Determination of Net Asset Value. At the end of each semi-annual period, or such other period as determined by the Manager in its sole discretion, but no less frequently than annually, beginning on the First NAV Reporting Date, the Sponsor’s internal accountants and asset management team will calculate the Company’s NAV per share using a process that reflects

Appears in 16 contracts

Samples: Operating Agreement (Fundrise Growth Ereit Vii, LLC), Operating Agreement (Fundrise Balanced Ereit Ii, LLC), Operating Agreement (Fundrise Growth Ereit Vii, LLC)

AutoNDA by SimpleDocs

Semi-Annual Determination of Net Asset Value. At the end of each semi-annual period, or such other period as determined by the Manager in its sole discretion, but no less frequently than annually, beginning on the First NAV Reporting DateDecember 31, 2019, the Sponsor’s internal accountants and asset management team will calculate the Company’s NAV per share using a process that reflects

Appears in 5 contracts

Samples: Operating Agreement (Fundrise Development eREIT, LLC), Operating Agreement (Fundrise Income eREIT 2019, LLC), Operating Agreement (Fundrise Growth eREIT 2019, LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.