Long Market Value definition

Long Market Value. (LMV) means the current market value of all securities in the Margin Account, calculated on a daily basis.
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Long Market Value means the Current Market Value of any Position which is held long.
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Long Market Value. (LMV) means the total market price of all securities in the margin account. It changes with fluctuations in market prices.
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Examples of Long Market Value in a sentence

  • If leverage exceeds, or is planned to exceed, 80% of Net Asset Value (i.e., $1.80 of Long Market Value for $1 of Net Asset Value) for any longer than fifteen Business Days, the Investment Manager, together with the Company, will timely notify the rating agency set forth on Exhibit C of such condition and of the Company’s remediation plan with respect thereto to update the agency on the then current investment strategy.

  • It is not expected that the equity investments will represent more than 10% of the Long Market Value.

  • For the avoidance of doubt, the largest four investment positions with single issuers will not aggregate to more than 30% of Long Market Value.

  • For purposes of calculating the foregoing and the "Equity" investment guideline below, the Investment Manager shall be entitled to rely on the Long Market Value of the Investment Grade Account as most recently reported to the Investment Manager by the Company.

  • Positions in excess of 7.5% of Total Long Market Value will not aggregate to more than 30% of Total Long Market Value.

  • Concentration of Investments: Other than cash and cash equivalents, and following the initial ramp-up period, no single investment is expected to comprise more than 7.5% of Total Long Market Value, although the Investment Manager may make a limited number of investments that exceed this amount, each of which may comprise up to 10% of the Total Long Market Value.

  • It is not expected that the equity investments will represent more than 10% of the Total Long Market Value.


More Definitions of Long Market Value

Long Market Value at any date means the aggregate value of the long investments in the Investment Grade Account or the Investment Account, as the case may be, as determined by the Investment Manager in accordance with the valuation methodology set forth in Section 11 of the Agreement with respect to the Investment Account and as determined by the Company with respect to the Investment Grade Account and reported to the Investment Manager.
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Long Market Value means, with respect to a Person, the aggregate market value of long positions traded by the Strategy Funds in which such Person directly or indirectly invests, which shall be computed using the then-current market value of such positions as determined by the Calculation Agent in good faith and commercially reasonable manner; provided that, positions traded by FTV will be excluded from the computation of Long Market Value. In addition, positions in the following asset classes will be excluded from the definition of Long Market Value: (i) unencumbered cash held for cash management purposes, fully-paid-for US and non-US government bills, notes and bonds or other similar instruments used for cash management purposes; (ii) listed options, warrants and similar rights resulting from corporate actions in long positions in cash equities (“Excluded Positions”).
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