VALUATION OF FUND ASSETS Sample Clauses

VALUATION OF FUND ASSETS. Whenever valuation of the Fund's net worth or of any particular asset of the Fund is required, unless otherwise expressly provided in this Agreement, the Manager shall authorize and empower the Investment Adviser to make a good faith determination of the value of all non-cash assets of the Fund (if net worth is to be evaluated) or of such particular asset.
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VALUATION OF FUND ASSETS. Whenever valuation of the Fund's net worth or of any particular asset of the Fund is required, unless otherwise expressly provided in this Agreement, the Manager shall authorize and empower the Investment Adviser to make a good faith determination of the value of all non-cash assets of the Fund (if net worth is to be evaluated) or of such particular asset. The value of the assets of the Fund, BRC, BIC and other Subsidiaries holding assets will be calculated each day that the New York Stock Exchange is open for trading, as of the close of regular trading on such Exchange. The Fund's net asset value per Share will be calculated by dividing the value of the Fund's total assets, less accrued and allocated liabilities, by the number of Shares outstanding. The Fund's net asset value will reflect the value of the Fund's directly-held assets and liabilities, as well as the net asset value of the Fund's investments in the Company, BRC, BIC and other Subsidiaries.
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VALUATION OF FUND ASSETS. 28 Section 15.1 Dates of Valuation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Section 15.2
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VALUATION OF FUND ASSETS. The parties agree and acknowledge that valuations of the Funds’ portfolio shall be governed by the terms of the Fund’s fund accounting servicing agreement, as such agreement may be amended from time to time.
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VALUATION OF FUND ASSETS. The valuation of each Fund shall be determined in accordance with the Investment Policies approved by the U. T. Board for such Fund.
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VALUATION OF FUND ASSETS 
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Related to VALUATION OF FUND ASSETS

  • Safekeeping of Fund Assets The Custodian shall hold Investments delivered to it or Subcustodians for the Fund in accordance with the provisions of this Section. The Custodian shall not be responsible for (a) the safekeeping of Investments not delivered or that are not caused to be issued to it or its Subcustodians; or, (b) pre-existing faults or defects in Investments that are delivered to the Custodian or its Subcustodians. The Custodian is hereby authorized to hold with itself or a Subcustodian, and to record in one or more accounts, all Investments delivered to and accepted by the Custodian, any Subcustodian or their respective agents pursuant to an Instruction or in consequence of any corporate action or income event. The Custodian shall hold Investments for the account of the Fund and shall segregate Investments from assets belonging to the Custodian and shall cause its Subcustodians to segregate Investments from assets belonging to the Subcustodian in an account held for the Fund or in an account maintained by the Subcustodian generally for non-proprietary assets of the Custodian.

  • Collection of Funds Except as permitted under this Indenture, the Indenture Trustee may demand payment or delivery of, and will receive and collect, directly the funds and other property payable to or to be received by the Indenture Trustee under this Indenture and the Sale and Servicing Agreement. The Indenture Trustee will apply the funds and other property received by it, and will make deposits to, and distributions from, the Bank Accounts, under this Indenture and the Sale and Servicing Agreement.

  • Merger, Conversion, Consolidation or Succession to Business Any corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

  • VALUATION OF TRUST In addition to each Accounting Date, the Trustee must value the Trust Fund on the following valuation date(s): (Choose (a) or (b))

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