NAV per Unit definition

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

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 divided by the number of Units of such class outstanding at the time the calculation is made.

Examples of NAV per Unit in a sentence

• The Net Asset Value (NAV) per Unit of the scheme will be computed by dividing the net assets of the scheme by the number of Units outstanding under the scheme on the valuation date.

• The Net Asset Value (NAV) per Unit of the Scheme will be computed by dividing the net assets of the Scheme by the number of Units outstanding on the valuation day.

• The Net Asset Value (NAV) per Unit under the Scheme will be computed by dividing the net assets of the Scheme by the number of Units outstanding on the valuation day.

• The Net Asset Value (NAV) per Unit of the respective Plan(s) will be computed by dividing the net assets of the Plan(s) by the number of Units outstanding under the Plan(s) on the valuation date.

• Units of the Funds are issued and redeemed at their NAV per Unit.

More Definitions of NAV per Unit

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 the NAV of the Fund at a particular valuation point divided by the

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, 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 at a particular valuation point divided by the number of Units in circulation at the same valuation point;

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

NAV per Unit means, in relation to a class of units of a fund, the net asset value (NAV) per unit of that class.