Examples of Minimum Net Asset Value in a sentence
Prior to the change discussed under "Protected Minimum Net Asset Value," below, the General Partner also paid the following additional fees which were based on the Partnership's average month-end Net Assets: (i) monthly advisory fees to Aetna Capital Management, Inc.
Article 7 Minimum Net Asset Value The minimum net asset value of the Investment Corporation is 50,000,000 yen.
Protected Minimum Net Asset Value --------------------------------- The maximum permissible decrease in the Net Asset Value per Unit, as of the end of successive Time Horizons (a term defined in the Limited Partnership Agreement, generally 18 months in duration) is 10% of the Net Asset Value per Unit as of the beginning of each such Time Horizon (the "Protected Minimum NAV").
Article 10 Minimum Net Asset Value The Investment Corporation shall hold a minimum net asset value of fifty-million yen (¥50,000,000).
Notwithstanding the foregoing, even if the Fund is not in compliance with the Preferred Shares Basic Maintenance Test, the Minimum Asset Coverage Ratio and the Minimum Net Asset Value Test, the Fund shall be permitted to pay a dividend on Common Shares in the minimum amount necessary to maintain its Regulated Investment Company status.