Amortized Cost Value definition
Amortized Cost Value means, with respect to any Eligible Note held by the Fund, the value of that Eligible Note as determined using the Amortized Cost Method in accordance with Rule 2a-7 on the relevant date.
Amortized Cost Value means, with respect to any Eligible Note held by the Fund, the value of that Eligible Note as determined using the Amortized Cost Method in accordance with Rule 2a-7 on the relevant date. Solely for purposes of calculating the amount of the Loss under this Agreement, if an Eligible Note is received in an exchange or restructuring, the Amortized Cost Value of such Eligible Note shall be increased by the excess, if any, of the Amortized Cost Value of the predecessor Note as of the time immediately preceding the exchange over the sum of the Amortized Cost Value of the Eligible Note and any cash received in such exchange.
Amortized Cost Value means as of the relevant time of determination, the value as determined using the “amortized cost method” in accordance with Rule 2a-7 promulgated under the Investment Company Act of 1940, as amended.
Examples of Amortized Cost Value in a sentence
The Fund will also sell to either of the Support Providers at any time within five business days before the date on which the Fund is required to sell Eligible Notes under clause (d) below, if either elects to purchase, all Eligible Notes that are outstanding and held by the Fund at a price equal to the greater of (i) the Amortized Cost Value of such Eligible Notes and (ii) the market value of such Eligible Notes.