Examples of Closing Net Asset Value in a sentence

In those circumstances, a new Performance Period will commence immediately following the conclusion of the current Performance Period and the Opening Net Asset Value per Share will be equal to the higher of the audited Net Asset Value per Share of the Sub-Fund as at the date at which the last Incentive Fee crystallised and became payable and the Closing Net Asset Value per Share at the end of the terminated Performance Period.
In the event that the Representative disputes the Closing Balance Sheet or the calculation of the Closing Net Asset Value Adjustment, the Representative shall notify the Buyer in writing (the "Dispute Notice") of the amount, nature and basis of such dispute, within 30 calendar days after delivery of the Closing Balance Sheet.
In the event that the Closing Net Asset Value is less than Estimated Net Asset Value, then Sellers shall pay Purchaser cash in the amount of such shortfall.
The Net Asset Value, as calculated based on the Closing NAV Schedule, shall be the "Closing Net Asset Value", and the Purchase Price, as calculated based on the Closing NAV Schedule, shall be the "Closing Purchase Price".
Only if the Closing Net Asset Value (“CNAV”) is greater than the Target Net Asset Value (“TNAV”) will a performance fee be payable.

More Definitions of Closing Net Asset Value

Closing Net Asset Value shall be the Net Asset Value of the Company set forth on the Closing Balance Sheet.

Closing Net Asset Value has the meaning set forth in Section 3.2(c)(iii).

Closing Net Asset Value has the meaning set forth in Section 1.4(a).

Closing Net Asset Value shall have the meaning stated in Section 2.5(a).

Closing Net Asset Value means the Net Asset Value at the Adjustment Time.

Closing Net Asset Value means that dollar amount as is equal to the dollar amount of the total assets of the Business (other than Excluded Assets) plus any cash amounts included in the Purchased Assets in excess of those amounts specified on Schedule 2.12(b)(i), as reflected on the Closing Balance Sheet, less the dollar amount of the total liabilities of the Business (other than Excluded Liabilities), as reflected on the Closing Balance Sheet. The Closing Net Asset Value shall be calculated in accordance with Schedule 2.12(b)(ii).