Examples of Annual Valuation Period in a sentence
At least thirty (30) days prior to the last day of the then current Annual Valuation Period (as such term is defined in the Plan Asset Regulation) for each First Tier Company, such First Tier Company shall deliver to the Administrative Agent a REOC Update Opinion, or a REOC Update Certificate, in either case dated as of a date at least thirty (30) days prior to the last day of such Annual Valuation Period but not earlier than the first day thereof.
In order to continue to qualify under the Plan Assets Regulation as a REOC after the date on which the Partnership makes its initial long term investment of funds (the "Initial Valuation Date"), the Partnership must qualify as a REOC (i) on any date within a period not in excess of ninety (90) days (the "Annual Valuation Period") beginning not later than one (1) year after the Initial Valuation Date, and (ii) on any date within each subsequent Annual Valuation Period.
Each PK Entity has selected the ninety-day period beginning on each anniversary of the Initial Valuation Date for its Annual Valuation Period.
The 2007 Testing Date is within each PK Entity’s most recent Annual Valuation Period.
Annual Valuation Period The Regulation further provides that an entity’s “Annual Valuation Period” is a pre-established annual period, not exceeding 90 days in duration, which begins not later than the anniversary of the Initial Valuation Date.