Monthly NAV definition

Monthly NAV means, with respect to any calendar month, the net asset value of the Fund (i) as determined as of the last Business Day of each calendar month, (ii) calculated without reduction for the management fee paid to ASGI by the Fund for such calendar month, (iii) adjusted for any subscriptions and withdrawals occurring within the month, and (iv) otherwise computed in the manner determined by the Board as set forth in the Governing Documents.
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Monthly NAV means, with respect to any calendar month, the net asset value of the Fund (i) as determined as of the last Business Day of each calendar month, (ii) calculated without reduction for the management fee paid to ASGI by the Fund for such calendar month, (iii) adjusted for any subscriptions and withdrawals occurring within the month, and (iv) otherwise computed in the manner determined by the Board as set forth in the Governing Documents. "Business Day" means a day on which banks are ordinarily open for normal banking business in New York or such other day or days as the Board may determine in its sole and absolute discretion and upon prior notice to the Sub-adviser.
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Examples of Monthly NAV in a sentence

  • In full consideration of the services rendered pursuant to this Agreement, the Adviser will pay the Sub-adviser a monthly sub-advisory fee equal to 0.0520833% (i.e., 0.625% per annum) of the Fund’s Monthly NAV (as defined below).

  • After discussion, Mr. Haben made a motion to receive and file the Group Trust Asset Allocation Report, Monthly NAV and DROP Balances Report, DROP as % of NAV Report, the JPMorgan DPFPS Performance - Preliminary Report Package, and the Real Estate Detailed Allocation.

  • By: _______________________________ Name: Xxxxxx Xxxxxx Title: Chief Operating Officer - - The fee payable to the Adviser by the Fund shall be as follows: In full consideration of the services rendered pursuant to this Agreement, the Fund will pay the Adviser an advisory fee equal to an annual rate of 1.25% of the Fund’s Monthly NAV (as defined below).

  • Monthly NAV Calculation *Sub Custody Schedule may apply if financial instruments have to be held at a sub custodian.

  • After discussion, Mr. Wojcik made a motion to receive and file the Group Trust Asset Allocation Report, Group Trust Monthly NAV Report, JPMorgan DPFPS Performance - Preliminary Report Package, Group Trust Net Investment Assets Report, and the Group Trust Real Estate Holdings Report and to approve the reporting changes recommended by staff.

  • WEUInformation technology2.3 Monthly NAV performance (total return) JanFebMarMonthly report as of 31 July 2021 Princess Private Equity Holding Limited (Princess or the Company) is an in- vestment holding company listed on the London Stock Exchange.

  • Therefore, we create stock variables for both our FDI data and control variables (where approrpriate) by summing over the period 2004 to 2009.

  • Next the user accessibility ratio can be analysed with the existing system RF module.

  • By: Name: Xxxxxx Xxxxxx Title: Chief Operating Officer APPENDIX A FEES The fee payable to the Adviser by the Fund shall be as follows: In full consideration of the services rendered pursuant to this Agreement, the Fund will pay the Adviser an advisory fee equal to an annual rate of 1.25% of the Fund's Monthly NAV (as defined below).

  • The elected officers of the Corporation shall be a Chair, Vice Chair, Secretary, and Treasurer.

Related to Monthly NAV

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Monthly Investor Report has the meaning stated in Section 3.5(a) of the Sale and Servicing Agreement.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Monthly Servicer Report means a report substantially in the form attached as Exhibit A-1 to the Servicing Agreement or in such other form as shall be agreed between the Servicer (with prior consent of the Back-Up Servicer) and the Trustee; provided, however, that no such other agreed form shall serve to exclude information expressly required by this Base Indenture or any Series Supplement.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Monthly Date means the last Business Day of each calendar month.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Master Servicer Remittance Amount With respect to each Master Servicer and each Master Servicer Remittance Date, an amount equal to (a) all amounts on deposit in such Master Servicer’s Collection Account as of 11:00 a.m., New York City time, on such Master Servicer Remittance Date, net of (b) any portion of the amounts described in clause (a) of this definition that represents one or more of the following: (i) collected Monthly Payments with respect to any Mortgage Loan serviced by such Master Servicer that are due on a Due Date following the end of the related Collection Period, (ii) to the extent not covered by clause (i) above, any payments of principal (including Principal Prepayments) and interest, Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds Received by the Trust with respect to any Mortgage Loan or REO Property serviced by such Master Servicer after the end of the related Collection Period, (iii) any Prepayment Premiums and/or Yield Maintenance Charges Received by the Trust with respect to any Mortgage Loan or successor REO Mortgage Loan serviced by such Master Servicer with respect thereto after the end of the related Collection Period, (iv) any Excess Liquidation Proceeds, (v) any amounts payable or reimbursable to any Person from such Collection Account pursuant to clauses (ii) through (xxii) of Section 3.05(a), and (vi) any amounts deposited in such Collection Account in error; provided that the Master Servicer Remittance Amount with respect to such Master Servicer for the Master Servicer Remittance Date that occurs in the same calendar month as the anticipated Final Distribution Date shall be calculated without regard to clauses (b)(i), (b)(ii), (b)(iii) and (b)(iv) of this definition.

  • Monthly shall be construed accordingly;

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Monthly Period means the period from and including the first day of a calendar month to and including the last day of such calendar month.

  • Monthly Maintenance Statement shall have the meaning set forth in Clause 19.6;

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.