Net Asset Value or "NAV” means per Unit value of the Trust arrived at by dividing the Net Assets by the number of Units outstanding.
Net Asset Value means the net asset value determined as set forth in the Prospectus of each Fund.
Net Asset Value means the net asset value of each Series or Class of the Trust determined in the manner provided in Section 7.4 hereof, and “Net Asset Value per Share” has the meaning assigned in Section 7.4 hereof.
Examples of Net Asset Value in a sentence
Starting on the Facility Availability Date, the Fund shall not permit the sum of (a) the aggregate uncalled capital commitments of its investors available to be called for general purposes plus (b) its Net Asset Value, to be less than $1,000,000,000.
More Definitions of Net Asset Value
Net Asset Value means the net asset value of each Series of the Trust determined in the manner provided in Article IX, Section 9.03 hereof;
Net Asset Value means the per share value of a Fund, or in the case of a Fund with multiple classes of shares, the per share value of a class, calculated in the manner described in the Funds’ Offering Materials.
Net Asset Value means the net asset value of each Series of the Trust or Class thereof determined in the manner provided in Article X, Section 3;
Net Asset Value means the net asset value of each Series of the Trust, determined as provided in Article VI, Section 3.
Net Asset Value means the Net Asset Value of a Fund or attributable to a Class (as appropriate) calculated as referred to herein.
Net Asset Value means the net asset value of a Sub-Fund or, as the context may require, the net asset value of a Unit calculated under the Trust Deed.
Net Asset Value means the net asset value of each Series or Class of the Trust, determined as provided in Article VI, Section 1 hereof;