Net Asset Value of the Partnership definition

Net Asset Value of the Partnership shall have the meaning set forth in Section 7(d)(1) of the Partnership Agreement and, unless the Advisor consents in writing, without regard to further amendments thereto, provided that in determining the Net Asset Value of the Partnership on any date, no adjustment shall be made to reflect any distributions, redemptions, administrative fees or incentive fees accrued or payable as of the date of such determination.

Net Asset Value of the Partnership means the amount derived by subtracting (i) the liabilities of the Partnership from (ii) Asset Value.

Net Asset Value of the Partnership means, in respect of a fiscal quarter of the Partnership, the Partnership’s total assets less its total liabilities, all as at the end of such fiscal quarter as set forth in the Partnership's financial statements prepared in respect of such fiscal quarter;

Examples of Net Asset Value of the Partnership in a sentence

• The designation of other trading advisors and the apportionment or reapportionment of Net Asset Value of the Partnership to any such trading advisors pursuant to this Section 1 shall neither terminate this Agreement nor modify in any regard the respective rights and obligations of the parties hereunder.

• The Partnership shall not make a claim against a Limited Partner with respect to such amounts distributed to such Partner or amounts received by such Partner upon redemption of Units unless the Net Asset Value of the Partnership (which shall not include any right of contribution from the General Partner except to the extent previously made by it pursuant to this Agreement) shall be insufficient to discharge the liabilities of the Partnership which shall have arisen prior to the payment of such amount.

• The Company recognized a pre-tax gain on the sale of these investments of $265 in the third quarter of 2011.

• Partnership Expenses shall be taken into account in determining net increases or net decreases in the Net Asset Value of the Partnership.

• For purposes of calculating the management fee and the administrative fee, Net Asset Value of the Partnership is determined before reduction for the management fee, administrative fee or incentive fee accrued or paid as of such calendar month-end and before giving effect to any subscriptions, distributions or redemptions accrued or paid as of such calendar month-end.

More Definitions of Net Asset Value of the Partnership

Net Asset Value of the Partnership on any Valuation Date shall mean the value of the Partnership's assets less an amount equal to its liabilities (including reserves made in accordance with the provisions of the Limited Partnership Agreement and any Selected Amount) on such date (without regard to subscriptions or redemptions);

Net Asset Value of the Partnership at any time has the meaning given in Section 4.13; “Net Asset Value”, as it pertains to a class or series, is the amount calculated pursuant to subsection 3.2(f); and “Net Asset Value per Unit” means, where there is only one class and series of Units, the Net Asset Value of the Partnership divided by the number of outstanding Units as at such time, or, where there is more than one class or series of Units, “Net Asset Value per Unit” is the amount calculated pursuant to subsection 3.2(f);

Net Asset Value of the Partnership. (of a class) means the value of the assets of the Partnership allocated to that class pro rata, as determined by the General Partner at the time the calculation is made less the amount of liabilities allocated to that class pro rata at that time;

Net Asset Value of the Partnership means at any date the total assets of the Partnership including all cash and cash equivalents (valued at market plus accrued interest), accrued interest, and the market value of all Financial Instruments and other assets of the Partnership less all liabilities of the Partnership, including, but not limited to, liabilities associated with Financial Instruments, legal, accounting and auditing fees, and any extraordinary expenses with each determined on the basis of GAAP consistently applied under the accrual method of accounting, unless determined otherwise by the Management Company, at its discretion.

Net Asset Value of the Partnership means the aggregate value of the assets of the Partnership, less the aggregate value of the Partnership's liabilities as reported in the financial statements of the Partnership calculated on each valuation date (being at a minimum, the last business day of each fiscal quarter of the Partnership, the last day of the fiscal year of the Partnership and the date the Partnership is terminated or dissolved pursuant to Limited Partnership Agreement, and includes any other date on which the General Partner elects, in its discretion, to calculate the Net Asset Value of the Partnership), and for greater certainty, such calculation shall exclude any capital contributions by the Partners;

Net Asset Value of the Partnership means the amount determined from time to time in the manner set out in Part 10 herein;

Net Asset Value of the Partnership means the then fair market value of the Property of the Partnership at the time the calculation is made less the amount of its liabilities at that time;