Common Contracts
1 similar Custody of Assets Agreement contracts
Custody of assets meaningCustody of Assets Agreement • June 2nd, 2023
Assets Under Management means, as of any specified date, the value of all Assets owned by the Partnership (the value to be determined as provided in this Agreement), including contributions requested and due from Partners and uncalled amounts of Commitments that are included in the Partnership’s regulatory capital (as such term is used in the SBIC Act), less the amount of any liabilities of the Partnership, determined in accordance with generally accepted accounting principles, consistently applied.Assets Under Development means, as of any date of determination, any Project which is under construction and then treated as an asset under development under GAAP.Total Assets under Management is the total average assets under management for the month for all Accounts or portions thereof for which all investment advisers (including the Adviser) to which FASC provides that Category of Services act as investment adviser or subadviser and which utilize the Category of Services. “Applicable Marg
