NAV Pricing Start Date definition

NAV Pricing Start Date means the first date on which the Company calculates NAV.
Sample 1Sample 2Sample 3
NAV Pricing Start Date means the first date on which the General Partner calculates its NAV, which it expects to do upon the filing by the General Partner of its second quarterly report on Form 10-Q (or the filing of its annual report on Form 10-K should such filing constitute the second quarterly financial filing) following [●], 2016.
Sample 1Sample 2Sample 3
NAV Pricing Start Date means the first business day of the first quarter after the General Partner acquires at least $1.2 billion in total portfolio assets, calculated on the basis of cost, including the General Partner’s pro rata share of debt attributable to such assets, on which date the General Partner will begin calculating NAV.
Sample 1Sample 2Sample 3

Examples of NAV Pricing Start Date in a sentence

  • Following the NAV Pricing Start Date, each Common Share will be valued at NAV per Common Share.

  • Following the NAV Pricing Start Date, the Company will pay the Advisor or its assignees a monthly fee equal to the greater of (i) the amount as calculated in the preceding sentence and (ii) one-twelfth (1/12) of one percent (1.0%) of the average of the Company’s daily NAV for the preceding month, payable on the first Business Day of each month.

  • For the purposes of the payment of these fees in Common Shares, prior to the NAV Pricing Start Date, if an Offering is underway, each Common Share will be valued at the per Common Share Offering price minus the maximum Selling Commission and Dealer Manager Fee allowed in the Offering.

  • In addition, the Rf values of the defuse band in the silver staining gel and in the activity gel were almost identical, 0.714 and 0.711, respectively, suggesting that the two bands are corresponding to each other.

  • The Company intends, following the NAV Pricing Start Date, to maintain the following percentage of the overall value of the Company’s portfolio in liquid assets that can be liquidated more readily than properties: (a) 15% of the NAV up to $333 million; (b) 10% of the NAV between $333 million and $667 million; and (c) 5% of the NAV in excess of $667 million.

  • For the purposes of the payment of these fees and commissions and the reimbursement of these expenses in Common Shares, prior to the NAV Pricing Start Date, if an Offering is underway, each Common Share will be valued at the per Common Share offering price minus the maximum Selling Commissions and Dealer Manager Fee allowed in the Offering.


More Definitions of NAV Pricing Start Date

NAV Pricing Start Date means the first date on which the General Partner calculates its NAV, which it expects to do beginning with the filing of the General Partner’s second Quarterly Report on Form 10-Q (or its Annual Report on Form 10-K should such filing constitute its second quarterly financial filing) with the U.S. Securities and Exchange Commission, pursuant to the Securities Exchange Act of 1934, as amended, following the earlier to occur of (i) the General Partner’s acquisition of at least $2 billion in total portfolio assets, calculated on the basis of cost, including the General Partner’s pro rata share of debt attributable to such assets and (ii) January 7, 2016.
Sample 1Sample 2
NAV Pricing Start Date means the earliest to occur of: (a) the Company investing in Investments with an aggregate cost, including the Company’s pro rata share of debt attributable to such Investments, in excess of $1 billion; (b) the Company raising net offering proceeds of in excess of six hundred fifty million dollars ($650 million) in the Company’s Primary Offering; and (c) the date that is twenty-nine (29) months following the commencement of the Company’s initial public Offering.
Sample 1Sample 2Sample 3
NAV Pricing Start Date means the date the General Partner first publishes an estimated per share NAV, which will be on or prior to March 16, 2017.
Sample 1
NAV Pricing Start Date means the date on which the General Partner files its Quarterly Report on Form 10-Q (or its Annual Report on Form 10-K should such filing constitute the applicable quarterly financial filing) with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, or the Exchange Act, for the second full fiscal quarter following the earlier of (i) the date on which the General Partner has invested all of the net proceeds of the Offering, plus the net proceeds from debt financing equal to its target leverage ratio (as described in the Registration Statement), but excluding working capital reserves and facilities and (ii) September 25, 2017.
Sample 1

Related to NAV Pricing Start Date

  • Term End Date means [Insert date];

  • Benchmark Transition Start Date means, in the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement Date and (b) if such Benchmark Transition Event is a public statement or publication of information of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date of such statement or publication).

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Spread pricing means the model of prescription drug pricing in which the pharmacy benefits

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Agreement End Date has the meaning specified in Section 10.1(e).

  • ESG Pricing Provisions has the meaning specified in Section 2.18.

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Draw Down Pricing Period means, with respect to each Draw Down, a period of eight (8) consecutive Trading Days beginning on the first Trading Day specified in a Draw Down Notice.

  • Reliability pricing model or "RPM" means PJM's capacity-

  • Index Start Date means 19 January 2015.

  • Approved Pricing Service means a pricing or quotation service as set forth in Schedule 1.01(a) or any other pricing or quotation service approved by the Board of Directors of the Borrower and designated in writing to the Administrative Agent (which designation shall be accompanied by a copy of a resolution of the Board of Directors of the Borrower that such pricing or quotation service has been approved by the Borrower).

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53(1) (c) (ii) for implementing the municipality’s delivery of municipal services and its annual budget.

  • Collateral Quality Tests means the Collateral Quality Tests set out in the Investment Management Agreement being each of the following:

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Initial Transfer Date means the Series Issuance Date for the first Series of Securitization Bonds.

  • Catalog Pricing and Pricing Requirements

  • Pricing Date means, for any Fiscal Quarter of the Borrower ending on or after July 31, 2018, the date on which the Administrative Agent is in receipt of the Borrower’s most recent Compliance Certificate and financial statements (and, in the case of the year‑end financial statements, audit report) (the “Borrower Information”) for the Fiscal Quarter then ended, pursuant to Section 8.5 hereof. The Applicable Margin shall be established based on the Consolidated Leverage Ratio for the most recently completed Fiscal Quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If (a) an Event of Default exists or (b) the Borrower has not delivered the Borrower Information by the date the same is required to be delivered under Section 8.5 hereof, then, at the request of the Required Lenders, until such Event of Default no longer exists or such Borrower Information is delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., Level IV shall apply); provided, the Administrative Agent will provide notice to Borrower when such highest Applicable Margin goes into effect. If the Borrower subsequently delivers such Borrower Information before the next Pricing Date, the Applicable Margin established by such late delivered Borrower Information shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such Borrower Information shall be in effect from the Pricing Date that occurs immediately after the end of the Fiscal Quarter covered by such Borrower Information until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrower and the Lenders if reasonably determined. The parties understand that the Applicable Margin set forth herein shall be determined and may be adjusted from time to time based upon the Borrower Information. If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including, without limitation, because of a subsequent restatement of earnings by the Borrower) at the time it was delivered to the Administrative Agent and the Lenders, and if the applicable interest rate or fees calculated for any period were lower than they should have been had the correct information been timely provided, then such Applicable Margin for such period shall be automatically recalculated using the correct Borrower Information. The Administrative Agent shall promptly notify the Borrower in writing of any additional interest and fees due because of such recalculation, and the Borrower shall pay within five (5) Business Days of receipt of such written notice such additional interest or fees due to the Administrative Agent, for the account of each Lender holding Commitments and Loans at the time the additional interest and fee payment is received. Any recalculation of the Applicable Margin required by this provision shall survive the termination of this Agreement, and this provision shall not in any way limit any of the Administrative Agent’s or any Lender’s other rights under this Agreement. If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including, without limitation, because of a subsequent restatement of earnings by the Borrower) at the time it was delivered to the Administrative Agent and the Lenders, and if the applicable interest rate or fees calculated for any period were higher than they should have been had the correct information been timely provided, then neither the Administrative Agent nor any Lender shall be required to refund or return any portion of such interest or fee.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Collateral Quality Test means a test that is satisfied if, as of any date of determination, in the aggregate, the Collateral Loans owned (or in relation to a proposed acquisition of a Collateral Loan, both owned and proposed to be owned) by the Borrower satisfy each of the tests set forth below, calculated in each case in accordance with Section 1.3: