NAV per Unit definition

NAV per Unit means the NAV of the Company divided by the number of Units then outstanding.

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NAV per Unit means (a) if the NAV of the Company is less than or equal to the aggregate redemption price of all Preferred Shares (and any other preferred shares of any other class so designated by the Company) then outstanding and any accrued and unpaid distributions thereon (the “Preferred Share Amount”), the NAV per Unit is calculated by dividing the NAV of the Company by the number of Preferred Shares (and any other preferred share of any other class so designated by the Company) then outstanding; and (b) if the NAV of the Company is greater than the Preferred Share Amount, the NAV per Unit is calculated by (i) subtracting the Preferred Share Amount from the NAV of the Company, (ii) dividing the difference by the number of Class A Shares then outstanding and (iii) adding $10.00 plus any accrued and unpaid distributions per Preferred Share to the result obtained in above in (ii).

NAV per Unit means the NAV of the Fund at a particular valuation point divided by the number of Units in circulation at the same valuation point;

Examples of NAV per Unit in a sentence

• As of any date, the Capital Account of a Partner shall be equal to the NAV per Unit as of such date, multiplied by the number of Units then held by such Partner.

• The NAV per Unit of a series shall be equal to the NAV of such series divided by the number of outstanding Units of such series.

• If the Initial Series is not at or above its Prior High NAV per Unit, Units will be issued in the next offered series that is at or above its Prior High NAV.

• Units issued at the beginning of any fiscal year will be offered at the then current NAV per Unit of the Initial Series if such Initial Series is at or above its Prior High NAV per Unit.

• Upon payment of the Adjusted Purchase Price by an applicable Common Unitholder on a Catch-Up Date, the Company shall issue to such Common Unitholder a number of Common Units determined by dividing (x) the Adjusted Purchase Price for such Common Unitholder by (y) the then-current NAV per Unit.

More Definitions of NAV per Unit

NAV per Unit means the NAV of the Fund divided by the number of Units of such class outstanding at the time the calculation is made.

NAV per Unit means the NAV of the Fund divided by the number of Units then outstanding. “NI 81-102” means National Instrument 81-102 – Investment Funds.

NAV per Unit. : means the NAV of the Fund at a particular valuation point divided by the

NAV per Unit as of a particular date, shall be equal to the Net Assets of the Fund as of such date, divided by the number of Units then outstanding.

NAV per Unit means, for each Class of Partnership Unit, the NAV per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.

NAV per Unit means the NAV of the Fund divided by the number of Units then outstanding. “NI 44-102” means National Instrument 44-102 – Shelf Distributions.

NAV per Unit means the NAV of the Fund divided by the number of Units in