Net Asset Value Adjustment definition

Net Asset Value Adjustment has the meaning set out in section 2.6(d) hereof.
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Net Asset Value Adjustment means the sum of the Kofile Net Asset Value Adjustment and the Spectrum Net Asset Value Adjustment.
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Net Asset Value Adjustment means an amount equal to (i) the Net Asset Value as reflected on the Closing Date Adjusted Balance Sheet less (ii) $250,000.
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Examples of Net Asset Value Adjustment in a sentence

  • Prior to any other termination of this Agreement, the Executive may, on forty-five (45) days’ prior written notice to the Company given at any time during the Term, terminate his employment with the Company.

  • Within thirty days after the Closing Date, Seller shall provide the Buyer with a Closing Date Adjusted Balance Sheet and a Computation Statement setting forth the Net Asset Value Adjustment.

  • If the Net Asset Value Adjustment is positive, then the Purchased Assets Purchase Price shall be increased by the amount of the Net Asset Value Adjustment.

  • Any adjustment to the Purchase Price pursuant to the Combined Net Asset Value Adjustment shall be payable by Buyer or Seller, as the case may be, in accordance with Section 2.5. At the Closing, Seller will, or will cause the Company to, pay in full by wire transfer all Indebtedness of the Company which is listed on Schedule 2.4 and outstanding immediately prior to the Closing.

  • Any such Dispute Notice shall specify those items or amounts as to which the Representative disagrees, and the Representative shall be deemed to have agreed with all other items and amounts contained in the Closing Balance Sheet and the calculation of the Closing Net Asset Value Adjustment delivered pursuant to Sections 1.10(b) and 1.10(c).

  • The Purchased Assets Purchase Price shall be increased or decreased, as the case may be, by an aggregate amount equal to the Net Asset Value Adjustment.

  • The Buyer's recourse for Damages under Xxxxxxx 0.0, Xxxxxxx 0.0(x), (x), (x), (x) and (h) and Section 7.12 and for the Closing Net Asset Value Adjustment shall not be subject to the limitation set forth in the preceding sentence.

  • Within ten business days after acceptance of such Computation Statement, (A) Buyer shall pay to Seller the Net Asset Value Adjustment if it is positive, and (B) Buyer shall instruct the Escrow Agent to pay to Buyer the Net Asset Value Adjustment if it is negative.

  • Subject to the "Net Asset Value Adjustment" described in Section 1.4 below, the purchase price (the "Purchase Price") for the Purchased Assets shall be equal to (a) One Million Four Hundred Thousand Dollars ($1,400,000) (the "Closing Price"), plus (b) the amount of liabilities assumed by Purchaser, all of which are set forth on Schedule 1.2 hereto and shall be assumed pursuant to the Assignment and Assumption Agreement attached hereto as Exhibit 1.2(a) (the "Assumption Agreement").

  • If the Net Asset Value Adjustment is negative, then the Purchased Assets Purchase Price shall be decreased by the amount of the Net Asset Value Adjustment.


More Definitions of Net Asset Value Adjustment

Net Asset Value Adjustment has the meaning set forth in Section 3.3(a)(ii).
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Net Asset Value Adjustment means the difference between the Estimated Net Asset Value and the Final Net Asset Value.
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Net Asset Value Adjustment means the adjustment to the Purchase Price provided for in Section 2(g).
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Net Asset Value Adjustment shall be determined as follows:
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Net Asset Value Adjustment means any increase or decrease of the Aggregate Purchase Price made pursuant to Section 2.4(b).
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Net Asset Value Adjustment means the adjustment (if any) to the Purchase Price carried out in accordance with Clause 3.3;
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Related to Net Asset Value Adjustment

  • 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.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Adjusted Net Assets of such Guarantor at any date shall mean the lesser of (1) the amount by which the fair value of the property of such Guarantor exceeds the total amount of liabilities, including contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under the Guarantee of such Guarantor at such date and (2) the amount by which the present fair salable value of the assets of such Guarantor at such date exceeds the amount that will be required to pay the probable liability of such Guarantor on its debts (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), excluding debt in respect of the Guarantee of such Guarantor, as they become absolute and matured.

  • Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Adjusted Value as used in subdivision (d) means:

  • Partially Adjusted Capital Account means, with respect to any Member for any Fiscal Year, the Capital Account balance of such Member at the beginning of such period, adjusted as set forth in the definition of Capital Account for all contributions and distributions during such period and all special allocations pursuant to Section 7.3 with respect to such period but before giving effect to any allocation with respect to such period pursuant to Section 7.2.

  • Average Net Assets means the average of all of the determinations of the Fund’s net asset value at the close of business on each business day during each month while this Contract is in effect. The fee is payable for each month within 15 days after the close of the month. The fees payable by the Fund to the Manager pursuant to this Section 3 will be reduced by any commissions, fees, brokerage or similar payments received by the Manager or any affiliated person of the Manager in connection with the purchase and sale of portfolio investments of the Fund, less any direct expenses approved by the Trustees incurred by the Manager or any affiliated person of the Manager in connection with obtaining such payments. In the event that expenses of the Fund for any fiscal year exceed the expense limitation on investment company expenses imposed by any statute or regulatory authority of any jurisdiction in which shares of the Fund are qualified for offer or sale, the compensation due the Manager for such fiscal year will be reduced by the amount of excess by a reduction or refund thereof. In the event that the expenses of the Fund exceed any expense limitation which the Manager may, by written notice to the Fund, voluntarily declare to be effective subject to such terms and conditions as the Manager may prescribe in such notice, the compensation due the Manager will be reduced, and if necessary, the Manager will assume expenses of the Fund, to the extent required by the terms and conditions of such expense limitation. If the Manager serves for less than the whole of a month, the foregoing compensation will be prorated.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Adjusted Net Operating Income means, with respect to a Property for any given period, Net Operating Income of such Property for such period minus Capital Reserves for such period.

  • Total Asset Value means, without duplication, the sum of (a) the following amounts with respect to the following assets owned by the Company and its Subsidiaries: (i) the Operating Property Value of the Hotel Properties; (ii) the amount of all Unrestricted Cash and Cash Equivalents; (iii) the book value of all Development/Redevelopment Properties, Mortgage Receivables, Laundry Service Properties and Unimproved Land; and (iv) the contract purchase price for all assets under contract for purchase (to the extent included in Indebtedness); plus (b) the applicable Ownership Share of any Unconsolidated Affiliate of the Parent of any asset described in clause (a) above. For purposes of determining Total Asset Value, (u) to the extent the amount of Total Asset Value attributable to Unconsolidated Affiliates would exceed 15% of Total Asset Value, such excess shall be excluded, (v) to the extent the amount of Total Asset Value attributable to Mortgage Receivables would exceed 10% of Total Asset Value, such excess shall be excluded, (w) to the extent the amount of Total Asset Value attributable to Development/Redevelopment Properties would exceed 15% of Total Asset Value, such excess shall be excluded, (x) to the extent the amount of Total Asset Value attributable to Major Renovation Properties (elected to be valued pursuant to clause (c) of the definition of Operating Property Value) would exceed 15% of Total Asset Value, such excess shall be excluded, (y) to the extent the amount of Total Asset Value attributable to Unimproved Land would exceed 2.5% of Total Asset Value, such excess shall be excluded, and (z) to the extent the amount of Total Asset Value attributable to Properties subject to limitation under the foregoing clauses (u) through (y) would exceed 35% of Total Asset Value, such excess shall be excluded.

  • Adjusted Book Value means, as of a particular date, the Book Value on such date, subject to the following adjustments, each of which shall have been derived from the Company’s IFRS financial statements for the period ended on such date (or, if not derivable from such financial statements, shall be determined in good faith by the Company), but reduced by the amount of the federal income tax applicable thereto:

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Adjusted Basis has the meaning given such term in Section 1011 of the Code.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Net Working Capital Target means $0.00.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).