NAV per Note definition

NAV per Note means the aggregate Net Asset Value of the Portfolio divided by the total number of Notes subscribed for;

NAV per Note means (i) at any time prior to the occurrence of a Capital Preservation Event or an Extraordinary Event, an amount equal to Fund Portfolio Value, and (ii) at any time on or following a Capital Preservation Event or an Extraordinary Event, an amount equal to the quotient obtained by dividing (x) the Aggregate Notional Fixed Annuities Value at such time by (y) the number of Deposit Notes outstanding at such time;

NAV per Note means an amount equal to the NAV of the Notes, divided by the aggregate number of Notes outstanding on such date;

More Definitions of NAV per Note

NAV per Note means as at any time, the amount equal to Basket Value;

NAV per Note means the aggregate Net Asset Value of the Portfolio divided by

NAV per Note means, as at any time, the amount equal to Basket Value + Distribution Component; “NI 81-102” means National Instrument 81-102 of the Canadian Securities Administrators;

NAV per Note means, for a Business Day, the Net Value of the Portfolio plus the Unamortized Offering Expenses divided by the number of Notes outstanding on such Business Day, as calculated by the Note Program Manager.

NAV per Note means, in respect of the Deposit Notes of a Series, on any Business Day, the sum of (i) the Basket Value for such Series on such day and (ii) the Unamortized Offering Expenses for such Series;