Examples of External Valuer in a sentence
The value of any such Investment will be its probable realisation value which must be estimated in good care and faith by the AIFM or the External Valuer or by any other means as determined by the AIFM, including, where necessary, the appointment of an External Valuer.
In determining the amount of such liabilities, the Directors, the AIFM or the External Valuer may calculate administrative and other expenses of a regular or reoccurring nature on an estimated figure for yearly or other periods in advance and accrue same in equal proportions over any such period.
The valuation has been undertaken by an External Valuer who conforms to the requirements of the Valuation Standards.
The AIFM or an External Valuer shall be entitled to value the assets of any Fund using the amortised cost method of valuation.
In valuing the assets, the Directors, the AIFM or the relevant External Valuer as applicable, may in their absolute discretion, permit any other method of valuation to be used if they consider that such alternative method of valuation is necessary and better reflects value in accordance with good accounting practice or in a particular market or prevailing market conditions and is in accordance with the valuation policy of the AIFM.