Gross Asset Value per Share definition

Gross Asset Value per Share means, on any Valuation Day, the Gross Asset Value attributable to all the Shares issued in a respective Share Class, divided by the number of Shares issued by the relevant Share Class.
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Gross Asset Value per Share means the Net Asset Value per Share (before deduction for any Performance Fee on such Dealing Day);
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Gross Asset Value per Share means, the Gross Asset Value of a Share of the relevant Class calculated by taking the Gross Asset Value of the relevant Class divided by the number of Shares issued for the relevant Class.
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Examples of Gross Asset Value per Share in a sentence

  • The resulting value from the above comparison, if positive, is annualised to determine the annualised percentage increase in the Gross Asset Value per Share on the relevant Valuation Day and compared with the inter-bank Euribor 3 months rate (the "inter-bank rate") on the last Valuation Day of the relevant month.

  • However, in the wake of stiff opposition from local traders, the government was compelled to make a retreat and the sales tax was withdrawn from 1 April 1993.

  • Performance Fees exist for 2 Sub-Funds:1) Alma Platinum IV Systematic Alpha For all Share Classes, if the Gross Asset Value per Share for a Share Class is above the relevant High Water Mark, an amount per Share, calculated on each Valuation Day, equal to 18% of the Daily Return.

  • If the Gross Asset Value per Share for a Class is above the relevant High Water Mark, the Investment Manager will be entitled to receive from the Tyrus Capital Global Convertible Fund an amount per Share, calculated on each Valuation Day, equal to 10% of the Daily Percentage Return of Class SI Shares and Class Z Shares and 15% of the Daily Percentage Return of Class A Shares, Class I Shares and Class C Shares (the “Performance Fee Amount”).

  • Historical HWM MethodThe Performance Fee will be calculated and accrued on each Valuation Day for each issued Share and fraction thereof on the difference- if positive - between the Gross Asset Value per Share and the historical high watermark, being the highest Net Asset Value per Share recorded on any preceding day since the first calculation date.

  • Performance Fees exist for 6 Sub-Funds: 1) DB Platinum Chilton Diversified (until its liquidation on 08 May 2019) If the Gross Asset Value per Share for a Share Class is above the relevant High Water Mark, an amount per Share is calculated on each Valuation Day, equal to 20% of the Daily Percentage Return.

  • For simplicity these examples refer to a proposed 10% performance fee on any outperformance by the Gross Asset Value per Share of the High Water Mark.No performance fee will be accrued if the Gross Asset Value on the preceding Business Day is below the High Water Mark.

  • Where:‘‘Daily Percentage Return’’ means the percentage return between the Gross Asset Value per Share and the greater of(a) the prior day Net Asset Value per Share, and (b) the High Water Mark.

  • Performance Fees (or Incentive Fees) exist for 6 Sub-Funds: 1) DB Platinum Chilton Diversified If the Gross Asset Value per Share for a Share Class is above the relevant High Water Mark, an amount per Share is calculated on each Valuation Day, equal to 20% of the Daily Percentage Return.Each Performance Fee Amount, (positive or negative) will contribute to the accrued performance fee of that Share Class and will be reflected in the Net Asset Value.

  • Performance Fees exist for 3 Sub-Funds: 1) Alma Platinum MidOcean Absolute Return Credit*If the Gross Asset Value per Share for a Share Class is above the relevant High Water Mark, an amount per Share is calculated on each Valuation Day, equal to: * Please refer to the Note 1.


More Definitions of Gross Asset Value per Share

Gross Asset Value per Share means, on any Valuation Day, the Gross Asset Value attributable to all the Shares issued in a respective Share Class, divided by the number of Shares issued by the relevant Share Class. "High Water Mark" means (i) on any Valuation Day up to, and including, the first Performance Fee Period End Date, the Initial Issue Price and (ii) on any Valuation Day thereafter, the greater of (a) the Net Asset Value per Share as at the first immediately preceding Performance Fee Period End Date in respect of which a Performance Fee was payable and (b) the Initial Issue Price.
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Gross Asset Value per Share means, the Net Asset Value per Share of the relevant Class calculated on such Valuation Day after accruing for all expenses and fees but before accruing for any Performance Fee.
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Related to Gross Asset Value per Share

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Current Market Value per Unit at any date means: (A) in the event that neither the Units nor Public Warrants are still trading, the remainder derived from subtracting (x) the exercise price of the Warrants multiplied by the number of shares of Common Stock issuable upon exercise of the Warrants underlying one Unit from (y) (i) the Current Market Price of the Common Stock multiplied by (ii) the number of shares of Common Stock underlying one Unit, which shall include the shares of Common Stock underlying the Warrants included in such Unit; (B) in the event that the Units, Common Stock and Public Warrants are still trading, (i) if the Units are listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or NASD OTC Bulletin Board (or successor exchange), the last sale price of the Units in the principal trading market for the Units as reported by the exchange, Nasdaq or the NASD, as the case may be, on the last trading day preceding the date in question; or (ii) if the Units are not listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or the NASD OTC Bulletin Board (or successor exchange), but is traded in the residual over-the-counter market, the closing bid price for Units on the last trading day preceding the date in question for which such quotations are reported by the Pink Sheets, LLC or similar publisher of such quotations; and (C) in the event that the Units are not still trading but the Common Stock and Public Warrants underlying the Units are still trading, the Current Market Price of the Common Stock plus the product of (x) the Current Market Price of the Public Warrants and (y) the number of shares of Common Stock underlying the Warrants included in one Unit. The “Current Market Price” shall mean (i) if the Common Stock (or Public Warrants, as the case may be) is listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or NASD OTC Bulletin Board (or successor exchange), the last sale price of the Common Stock (or Public Warrants) in the principal trading market for the Common Stock as reported by the exchange, Nasdaq or the NASD, as the case may be, on the last trading day preceding the date in question; (ii) if the Common Stock (or Public Warrants, as the case may be) is not listed on a national securities exchange or quoted on the Nasdaq National Market, Nasdaq SmallCap Market or the NASD OTC Bulletin Board (or successor exchange), but is traded in the residual over-the-counter market, the closing bid price for the Common Stock (or Public Warrants) on the last trading day preceding the date in question for which such quotations are reported by the Pink Sheets, LLC or similar publisher of such quotations; and (iii) if the fair market value of the Common Stock cannot be determined pursuant to clause (i) or (ii) above, such price as the Board of Directors of the Company shall determine, in good faith. In the event the Public Warrants have expired and are no longer exercisable, no “Value” shall be attributed to the Warrants underlying this Purchase Option. Additionally, in the event that this Purchase Option is exercised pursuant to this Section 2.3 and the Public Warrants are still trading, the “Value” shall be reduced by the difference between the Warrant Exercise Price and the exercise price of the Public Warrants multiplied by the number of Warrants underlying the Units included in the portion of this Purchase Option being converted.

  • Market Value as defined in the regulation prescribing the standards for real estate appraisals used in federally related transactions, 12