Actualized NAV definition

Actualized NAV means an amount calculated in respect of Deposits in a situation in which the Bank determines to make a Reimbursement Under Special Circumstances, all as described under “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.
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Actualized NAV means an amount calculated in respect of Deposit Notes in a situation in which the Bank determines to make a Reimbursement Under Special Circumstances, all as described under “Description of the Deposit Notes – Reimbursement Under Special Circumstances and Payment.”
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Actualized NAV means, in the case of a Reimbursement Under Special Circumstances, the reimbursement amount of Note Securities as established by the Calculation Agent acting in good faith in accordance with industry- accepted methods based on a number of interrelated factors, such as the appreciation and the volatility of the Reference Portfolio Level, the interest rates, dividends and distributions made in respect of Constituents and the time remaining to the Maturity Date.
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Examples of Actualized NAV in a sentence

  • If the Actualized NAV is equal to or greater than the Principal Amount per Deposit, then the Maturity Date will be accelerated to the Special Reimbursement Date and Holders of record on such date will be entitled to receive the Actualized NAV (which will not be less than the Principal Amount per Deposit).

  • The Bank will make available to Holders, no later than 10:00 a.m. (Montreal time) on the fifth Business Day following the determination of the Actualized NAV, the amount payable pursuant to such redemption.

  • If, however, the Actualized NAV is less than the Principal Amount per Deposit, then the Maturity Date will not be modified and an amount equal to the Actualized NAV will be notionally invested by the Bank in Permitted Investments until the earlier of (i) the date on which such amount equals the Principal Amount per Deposit, and (ii) the Maturity Date.

  • The Bank will make available to Holders, no later than 10:00 a.m. (Montréal time) on the fifth Business Day following the determination of the Actualized NAV, the amount payable pursuant to such redemption.

  • It assumes—sometimes wrongly—that we are pursuing the same goals.

  • If the Actualized NAV is equal to or greater than the Principal Amount per Deposit, then the Maturity Date will be accelerated to the Special Reimbursement Date and Holders of record on such date will be entitled to receive the ActualizedNAV (which will not be less than the Principal Amount per Deposit), and the accrued portion of the Guaranteed Annual Interest.

  • If, however, the Actualized NAV is less than the Remaining Principal Amount per Deposit, then the Maturity Date will not be modified and an amount equal to the Actualized NAV will be notionally invested by the Bank in Permitted Investments until the earlier of (i) the date on which such amount equals the Remaining Principal Amount per Deposit, and (ii) the Maturity Date.

  • If the Actualized NAV is equal to or greater than the Initial Deposit Amount, then the Maturity Date will be accelerated to the Special Reimbursement Date and Holders of record on such date will be entitled to receive the Actualized NAV (which will not be less than the Initial Deposit Amount).

  • If, however, the Actualized NAV is less than the Initial Deposit Amount, then the Maturity Date will not be modified and an amount equal to the Actualized NAV will be notionally invested by the Bank in Permitted Investments until the earlier of (i) the date on which such amount equals the Initial Deposit Amount or (ii) the Maturity Date.

  • If the Actualized NAV is equal to or greater than the Remaining Principal Amount per Deposit, then the Maturity Date will be accelerated to the Special Reimbursement Date and Holders of record on such date will be entitled to receive the Actualized NAV (which will not be less than the Remaining Principal Amount per Deposit).


More Definitions of Actualized NAV

Actualized NAV means, in the case of a Reimbursement Under Special Circumstances, the reimbursement amount of Note Securities as established by the Calculation Agent acting in good faith in accordance with industry- accepted methods based on a number of interrelated factors, such as the appreciation or depreciation of the Index, the interest rates, the volatility of the Index and the time remaining to the Valuation Date.
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Related to Actualized NAV

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Capitalized Software Expenditures means, for any period, the aggregate of all expenditures (whether paid in cash or accrued as liabilities) by a Person and its Restricted Subsidiaries during such period in respect of licensed or purchased software or internally developed software and software enhancements that, in conformity with GAAP, are or are required to be reflected as capitalized costs on the consolidated balance sheet of a Person and its Restricted Subsidiaries.

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.