Adjusted Portfolio Value definition

Adjusted Portfolio Value means the sum of the Fair Market Value of the Investment Portfolio, plus any cash owned by or held by or to the order of the Fund plus the aggregate amount of payments made to Shareholders by way of dividend in the quarterly period ending on the relevant Valuation Day, less any other liabilities (excluding any borrowings) and any Uninvested Cash (each to the extent that it has not already been deducted). Uninvested Cash refers to the net proceeds of any equity or debt capital raising by the Company that is held in cash or near cash instruments until such time as such net proceeds are invested by the Fund in Investment Interests.

Adjusted Portfolio Value means, in respect of any date, the sum of the Adjusted Base Value of each Asset on such date. For purposes of calculating the Adjusted Portfolio Value, an Asset to be delivered during the period prior to the Delivery Expiry Date pursuant to the Asset Purchase Agreement shall be deemed to be an Asset from the Initial Closing Date, adjusted from time to time in respect of any Substitute Assets therefor.

Adjusted Portfolio Value means, in respect of any Payment Date, the sum of the products of (i) the Adjusted Base Value of each Aircraft in the Portfolio on the Calculation Date preceding such Payment Date and (ii) the quotient obtained by dividing the applicable Depreciation Factor for such Aircraft on such Calculation Date by the applicable Depreciation Factor for such Aircraft as of the Relevant Appraisal with respect to such Calculation Date.

Examples of Adjusted Portfolio Value in a sentence

• The Management Fee is calculated on a daily basis by reference to the daily Adjusted Portfolio Value taking into account any investment acquisitions, disposals or refinancings since the start of the period concerned.

• In respect of the first £1 billion of Adjusted Portfolio Value, 80 per cent.

• Such Ordinary Shares are issued on a semi-annual basis in arrears, based upon the Adjusted Portfolio Value at the beginning of the 6 month period concerned, adjusted on a time basis for acquisitions and disposals during the six month period, and the number of Ordinary Shares to be issued will be calculated by reference to the prevailing Net Asset Value per Ordinary Share at the end of the relevant period.

• In respect of Adjusted Portfolio Value in excess of £1 billion, 100 per cent of the Management Fee is payable via the Cash Element.The Investment Manager is entitled to 65 per cent.

• Such Ordinary Shares are issued on a semi-annual basis in arrears, based upon the Adjusted Portfolio Value at the beginning of the 6-month period concerned, adjusted on a time basis for acquisitions and disposals during the six month period, and the number of Ordinary Shares to be issued will be calculated by reference to the prevailing Net Asset Value per Ordinary Share at the end of the relevant period.

• The aggregate management fee payable to the Investment Manager and the Operations Manager is 1 per cent of the Adjusted Portfolio Value in respect of the first £1 billion of the Adjusted Portfolio Value, and 0.8 per cent in respect of the Adjusted Portfolio Value in excess of £1 billion.

• In respect of Adjusted Portfolio Value in excess of £1 billion, 100 per cent of the Management Fee is payable via the Cash Element.

• Such Ordinary Shares are issued on a semi-annual basis in arrears, based upon the Adjusted Portfolio Value at the beginning of the six month period concerned, adjusted on a time basis for acquisitions and disposals during the six month period.

• Accordingly, for so long as Covered Bonds remain outstanding, the LLP and the Members (other than the Liquidation Member) must ensure that, on each Calculation Date, the Adjusted Portfolio Value will be an amount at least equal to the USD Equivalent of the aggregate Principal Amount Outstanding of all Covered Bonds as calculated on the First Issue Date and on each Calculation Date.

• COUNTY OF_____________________ ) This Royalty Deed was acknowledged me before me on this ____ day of May, 2024, by Axxx Xxx, as the President of Nevada Canyon Gold Corp., a Nevada corporation, as the Managing Member of Nevada Canyon LLC, a Nevada limited liability company.

More Definitions of Adjusted Portfolio Value

Adjusted Portfolio Value means, in respect of any Payment Date, the sum of the products of (a) the Adjusted Base Value of each Aircraft in the Portfolio on the Calculation Date preceding such Payment Date and (b) the quotient obtained by dividing the applicable Depreciation Factor for such Aircraft on such Calculation Date by the applicable Depreciation Factor for such Aircraft as of the date of the Relevant Appraisal with respect to such Calculation Date.

Adjusted Portfolio Value has the meaning assigned to such term in Section 1.01 of the Indenture. "ADMINISTRATIVE AGENCY AGREEMENT" means the Administrative Agency Agreement dated as of June 26, 2001, between Phoenix American Financial Services, Inc., as Administrative Agent, LIFT, the issuer subsidiaries defined therein and Bankers Trust Company, as Trustee and the Security Trustee.

Adjusted Portfolio Value has the meaning assigned to such term in Section 1.01 of the Indenture.

Adjusted Portfolio Value means, on any Valuation Date, (i) the Adjusted Gross Margin as of such Valuation Date, plus or minus (ii) the mark-to-market value of all transactions entered into pursuant to this Agreement as of such Valuation Date, to the extent not already included in item (i) of this definition.

Adjusted Portfolio Value means, on any Valuation Date, (i) the Adjusted Gross Margin as of such Valuation Date, plus or minus (ii) the xxxx-to-market value of all transactions entered into pursuant to this Agreement as of such Valuation Date, to the extent not already included in item (i) of this definition.