Initial NAV definition

Initial NAV means the Net Asset Value of Customer as of the date of execution hereof (“Initial NAV Date”).
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Initial NAV means the initial net asset value per Note of the Portfolio on the Closing Date, which is set at $96.
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Initial NAV means the initial net asset value per Note of the Portfolio on the Issuance Date, which is set at $100.
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Examples of Initial NAV in a sentence

  • Invested $1,000.00 $1,000.00 $1,000.00 $1,000.00 Initial NAV $1.00 $1.00 $1.00 $1.00 Initial Shares 1000.000 1000.000 1000.000 1000.000 Shares From Dist.

  • For the avoidance of doubt, some or all of the Series C Units issued pursuant to the Initial NAV Hurdle may convert at the time of disclosing that the Initial NAV Hurdle has been met.

  • Invested $990.00 $1,000.00 $990.00 $1,000.00 Initial NAV $1.00 $1.00 $1.00 $1.00 Initial Shares 990.000 1000.000 990.000 1000.000 Shares From Dist.

  • Invested $942.50 $1,000.00 $942.50 $1,000.00 $942.50 $1,000.00 Initial NAV $14.02 $14.02 $9.63 $9.63 $10.24 $10.24 Initial Shares 67.225 71.327 97.871 103.842 92.041 97.656 Shares From Dis 7.825 8.252 41.710 44.258 157.750 167.375 End of Period N $16.14 $16.14 $16.14 $16.14 $16.14 $16.14 Total Return 21.13% 28.44% 125.28% 139.

  • At no time shall the Net Asset Value of the Borrowers (other than Qualified Borrowers) from the Initial NAV Test Date until the Final Investor Close, be less than or equal to $500,000,000.


More Definitions of Initial NAV

Initial NAV means the Net Asset Value of Customer as of the Closing Date.
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Initial NAV means $10.00 per Unit;
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Initial NAV means $95.00 per Note Security.
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Initial NAV means $95.00 per Note Security. “Initial Portfolio Level” means 1,000.
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Initial NAV means the Benchmark Portfolio NAV on the Issuance Date. The Benchmark Portfolio NAV will be equal to $95.50 per Note as of the issuance date of each series of Notes.
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Initial NAV means the Benchmark Portfolio NAV per Note on the Issuance Date. The Benchmark Portfolio NAV per Note will be equal to $97.50 as of the Issuance Date.
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Initial NAV means the Net Asset Value of Customer as of December 14, 2020 (“Initial NAV Date”).
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