First NAV Reporting Date definition

First NAV Reporting Date means March 31, 2021.
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First NAV Reporting Date means June 30, 2020.
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First NAV Reporting Date means September 30, 2020.
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Examples of First NAV Reporting Date in a sentence

  • Asset management fee payable quarterly in arrears equal to an annualized rate of 0.85%, which, beginning on the First NAV Reporting Date, will be based on the Company’s NAV, as calculated pursuant to Section 5.12, at the end of each prior semi-annual period (or such other period as determined by the Manager in its sole discretion, but no less frequently than annually), and which cannot exceed an annualized rate of 1.00%.

  • Asset management fee payable quarterly in arrears equal to an annualized rate of 1.00%, which, beginning on the First NAV Reporting Date, will be based on the Company's NAV, as calculated pursuant to Section 5.12 of this OPERATING AGREEMENT, at the end of each prior semi-annual period (or such other period as determined by the MANAGING MEMBER or the BOARD OF DIRECTORS, in their sole discretion, but no less frequently than annually), and which cannot exceed an annualized rate of 1.00%.

  • The Company will pay the Manager a quarterly asset management fee equal to an annualized rate of 1.0%, which will initially be based on the Company’s net offering proceeds as of the end of each quarter, and after the First NAV Reporting Date, will be based on the Company’s NAV, as calculated pursuant to Section 5.12, at the end of each prior quarterly period (or such other period as determined by the Manager in its sole discretion, but no less frequently than annually).

  • Asset management fee payable quarterly in arrears equal to an annualized rate of 2.0%, which, beginning on the First NAV Reporting Date, will be based on the Company’s total NAV, as calculated pursuant to Section 5.12, at the end of each prior semi-annual period (or such other period as determined by the Manager in its sole discretion, but no less frequently than annually), The Manager may, in its sole discretion, waive its asset management fee, in whole or in part.

  • The Company will pay the Manager a monthly asset management fee of 0.10%, which will initially be based on the Company’s net offering proceeds as of the end of each month, and after the First NAV Reporting Date, will be based on the Company’s NAV, as calculated pursuant to Section 5.12, at the end of each prior quarterly period (or such other period as determined by the Manager in its sole discretion, but no less frequently than annually).


More Definitions of First NAV Reporting Date

First NAV Reporting Date means September 30, 2021.
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First NAV Reporting Date means the last day of the second full calendar quarter following the initial qualification of the Company’s offering.
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Related to First NAV Reporting Date

  • Reporting Date means the 7th day of each Month following the Month to which the relevant Management Information relates, or such other date as may be agreed between the Parties;

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • Financial Statement Date means December 31, 1999.

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.

  • Non-Reporting Financial Institution means any Financial Institution that is:

  • Weekly Reporting Period means any period (a) during which any Default or any Event of Default has occurred and is continuing, or (b) that constitutes a Minimum Availability Period; provided that if the circumstances described in clause (a) or (b), as applicable, shall occur and cease to exist twice during any calendar year, then any subsequent Weekly Reporting Period occurring during such calendar year shall continue through the end of such calendar year.

  • Notification Date means 30 days from an Account statement date (see section 6.3).

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Monthly Reporting Period The period, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement, during which servicers report Mortgage payments to the Administrator, generally consisting of:

  • Financial Closing Date means the date of signing of the initial agreements for any Financing of the Facility.

  • Accounting Restatement Date means the earlier to occur of (a) the date that the Board, a committee of the Board authorized to take such action, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (b) the date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Master Servicer Reporting Date With respect to any Distribution Date, 3:00 p.m. New York time on the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately succeeding such 18th day.

  • Second Restatement Date means October 20, 2011.

  • CREFC® Investor Reporting Package (IRP) Collectively: (a) the following nine data files (and any other files as may be, or have been, adopted and promulgated by CREFC® as part of the CREFC® Investor Reporting Package (IRP) from time to time): (i) CREFC® Loan Setup File, (ii) CREFC® Loan Periodic Update File, (iii) CREFC® Property File, (iv) CREFC® Bond Level File, (v) CREFC® Financial File, (vi) CREFC® Collateral Summary File, (vii) CREFC® Special Servicer Loan File, (viii) CREFC® Special Servicer Property File and (ix) CREFC® Schedule AL File;

  • Annual Financial Statement is defined in Section 10.1(a).

  • CREFC® Investor Reporting Package® shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Previously Absent Financial Maintenance Covenant means, at any time, any financial maintenance covenant that is not included in the Loan Documents at such time.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared: