Average Quarterly Net Assets definition

Average Quarterly Net Assets means the average of the net asset value of the Fund Assets, Plan Assets or Combined Assets, as the case may be, as of the last business day of each month in the calendar quarter.
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Average Quarterly Net Assets means the average of the average daily net asset values of the Account and/or the average of the net asset values of the Other Xxxxxx Accounts, as the case may be, as of the last business day of each of the three months in the calendar quarter. It is understood that the average daily net asset value of the Account shall be calculated in accordance with the policies of the Trust as set forth in the Trust’s prospectus as it may be amended from time to time and that the net asset value of the Other Accounts shall be calculated by the applicable custodian or valuation agent and that income accruals and receivables shall be included in making such calculation.
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Average Quarterly Net Assets means the average of the average daily net asset values of the Account as of the last business day of each of the three months in the calendar quarter. It is understood that the average daily net asset value of the Account shall be calculated in accordance with the policies of the Trust as set forth in the Trust’s prospectus as it may be amended from time to time and that income accruals and receivables shall be included in making such calculation.
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Examples of Average Quarterly Net Assets in a sentence

  • The fee payable to the Portfolio Manager by the Portfolio shall be paid and billed in arrears based on the Average Quarterly Net Assets of the Combined Assets during the preceding calendar quarter.

  • EXECUTIVE STAFF F'97 BONUS PLAN MEASUREMENTS AND CRITERIA EXHIBIT 10.6 (1996 10-K) Executive Staff Measurements: The fiscal 1997 bonus plan for executive staff will consist of the following: a) 50% API Return on Net Assets (RONA) b) 50% API Earnings Per Share (EPS) Supporting Definitions: Average Net Assets or Average Quarterly Net Assets = Total assets - current liabilities (debt excluded from current liabilities).

  • Supporting Definitions: Average Net Assets or Average Quarterly Net Assets = Total assets - current liabilities (debt excluded from current liabilities).

  • This chapter explores the reduction in energy consumption and GHG reduction/avoidance for various measure scenarios and combinations.Energy Efficiency and Electrification ScenariosIn support of this investigation, two electrification scenarios, one energy efficiency scenario, and one combination of electrification and energy efficiency are analyzed.

  • For its services with respect to the portion of The Commodity Returns Strategy Portfolio allocated to Vaughan Nelson from time to time (the “Account”), Vaughan Nelson shall receive a fee calculated at an annual rate and payable quarterly in arrears based on the Average Quarterly Net Assets of the Combined Assets (as defined below) of 0.35% of the first $25 million of the Combined Assets, 0.25% of the next $75 million of Combined Assets and 0.20% of the Combined Assets exceeding $100 million.


More Definitions of Average Quarterly Net Assets

Average Quarterly Net Assets means the average of the average daily net asset values of the Account and, the average of the average daily net asset values of The Value Equity Portfolio of the Trust allocated to the Portfolio Manager from time-to-time and/or the average of the net asset values of the Other Xxxxxx Accounts, as the case may be, as of the last business day of each of the three months in the calendar quarter. It is understood that the average daily net asset value of the Account and The Value Equity Portfolio shall be calculated in accordance with the policies of the Trust as set forth in the Trust’s prospectus as it may be amended from time to time and that the net asset value of the Other Xxxxxx Accounts shall be calculated by the applicable custodian or valuation agent and that income accruals and receivables shall be included in making such calculation.
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Average Quarterly Net Assets means the average of the average daily net asset values of each of the Account, the Institutional International Account and/or the average of the net asset values of the Other Xxxxxx Accounts,as the case may be, as of the last business day of each of the three months in the calendar quarter. It is understood that the average daily net asset value of the Account and the Institutional International Account shall be calculated in accordance with the policies of the Trust as set forth in the Trust's prospectus as it may be amended from time to time and that the net asset valueof the Other Accounts shall be calculated by the applicable custodian or valuation agent and that income accruals and receivables shall be included in making such calculation.
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Average Quarterly Net Assets means the average of the average daily net asset values of the Account, the average of the average daily net asset values of The U.S. Mortgage/ Asset Backed Fixed Income Securities Portfolio of the Trust allocated to the Portfolio Manager from time-to-time and/or the average of the month-end net asset values of the Combined Assets on the Other Xxxxxx Accounts, as the case may be, as of the last business day of each of the three months in the calendar quarter. It is understood that the average daily net asset value of the Account and The U.S. Mortgage/ Asset Backed Fixed Income Securities Portfolio shall be calculated in accordance with the policies of the Trust as set forth in the Trust's prospectus as it may be amended from time to time and that the net asset value of the Other Accounts shall be calculated by the applicable custodian or valuation agent and that income accruals and receivables shall be included in making such calculation.
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Average Quarterly Net Assets means the average of the average daily net asset values of the Account, the average of the average daily net asset values of The Core Fixed Income Securities Portfolio of the Trust allocated to the Portfolio Manager from time-to-time and/or the average of the month-end net asset values of the Combined Assets on the Other Xxxxxx Accounts, as the case may be, as of the last business day of each of the three months in the calendar quarter. It is understood that the average daily net asset value of the Account and The Core Fixed Income Securities Portfolio shall be calculated in accordance with the policies of the Trust as set forth in the Trust’s prospectus as it may be amended from time to time and that the net asset value of the Other Accounts shall be calculated by the applicable custodian or valuation agent and that income accruals and receivables shall be included in making such calculation.
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Average Quarterly Net Assets. ' shall mean the average of the net asset value of the Fund Assets, Plan Assets or Combined Assets, as the case may be, as of the last business day of each month in the calendar quarter.
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Related to Average Quarterly Net Assets

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Adjusted Net Assets of such Guarantor at any date shall mean the lesser of (1) the amount by which the fair value of the property of such Guarantor exceeds the total amount of liabilities, including contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under the Guarantee of such Guarantor at such date and (2) the amount by which the present fair salable value of the assets of such Guarantor at such date exceeds the amount that will be required to pay the probable liability of such Guarantor on its debts (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), excluding debt in respect of the Guarantee of such Guarantor, as they become absolute and matured.

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period: