Valuation of Investments. The general rule for determining the value of investments in order to ascertain whether a person is a qualified purchaser is that the value of the aggregate amount of investments owned and invested on a discretionary basis by such person shall be their fair market value on the most recent practicable date or their cost. This general rule is subject to the following provisos:
Appears in 6 contracts
Samples: Subscription Agreement (North Haven Private Income Fund a LLC), Noxel Corp,, Confidential Subscription Agreement (LGAM Private Credit LLC)
Valuation of Investments. The general rule for determining the value of investments in order to ascertain whether a person Person is a qualified purchaser is that the value of the aggregate amount of investments owned and invested on a discretionary basis by such person Person shall be their fair market value on the most recent practicable date or their cost. This general rule is subject to the following provisosprovisions:
Appears in 1 contract
Samples: Subscription Agreement (HPS Corporate Capital Solutions Fund)
Valuation of Investments. The general rule for determining the value of investments in order to ascertain whether a person is a “qualified purchaser purchaser” is that the value of the aggregate amount of investments owned and invested on a discretionary basis by such person shall be is either their fair market value on the most recent practicable date or their cost. This general rule is subject to the following provisos:
Appears in 1 contract
Samples: Subscription Agreement (CrowdStreet Private Equity REIT I, Inc.)
