Net Fund Value definition

Net Fund Value means the Gross Fund Value, less Court-approved Settlement
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Net Fund Value is a subset of the Gross Fund Value, which consists of the portion of the Gross Fund Value that remains following deduction of the Court-approved Fee Award, Incentive Payments, and Settlement Administration Expenses.
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Net Fund Value means in relation to the Fund the sum of the Net Investment Option Values of the Investment Options of the Fund. (Definition deleted) Formatted: Font: Bold
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Examples of Net Fund Value in a sentence

  • Net Fund Value means the value of the Assets calculated in accordance with clause 10 less the Liabilities.

  • The Manager may determine the Net Fund Value at any time in its discretion, including more than once a day.

  • Valuation Time means any time the Net Fund Value is determined.Withdrawal Offer means an offer made by the Manager in accordance with section 601KB of the Corporations Act.

  • Injury Class who submit a valid Claim Form shall be entitled to a pro rata share of the remaining amount of the Net Fund Value, which Proposed Class Counsel estimates to be approximately $7,000,000; Any funds that are allocated to the Property Class and not needed to satisfy claims for members of the Property Class shall be re-allocated to the Personal Injury Class and distributed on pro rata basis to members of the Personal Injury Class who submit valid claims.

  • Upon final approval, Class Counsel will request that the court approve a payment to Phoenix Settlement Administrators to cover its fees and costs associated with giving notice to the Class, administering and disbursing the Net Fund Value Amount, and other activities required to administer the settlement.

  • Subject to clauses 7.1(b) and 7.1(c) , after the Commencement Date and while neither Units nor Stapled Securities are Officially Quoted, the Issue Price for any Unit will be equal to: Net Fund Value + Transaction Costsnumber of fully paid Units on Issue + Paid up Proportionall calculated as at the last Valuation Time before the Manager received (or is taken to have received) the application for Units.

  • Each Settlement Class Member shall be entitled to a portion of the Net Fund Value Amount which will be allocated proportionally based on the number of gross wages earned by each Settlement Class Member during the Settlement Period in their positions as merchandisers (or otherwise similar job duties and/or title) in proportion to the total aggregated gross wages earned by all the Settlement Class Members during the Settlement Period.

  • Of this amount, 75% ($11,250.00) will be paid to the California Labor and Workforce Development Agency (LWDA), and the remaining 25% ($3,750.00) shall become part of the Net Fund Value Amount available for distribution to members of the Class.

  • After taking the amount of attorney’s fees and litigation costs and expenses as defined in Paragraph 7, service payments, and Administrator fees and expenses from the Settlement Fund, the remaining sum, which shall be referred to as the Net Fund Value (“NFV”) shall be used to pay members of the settlement class their pro rata share of the settlement.

  • The Withdrawal Price for any Unit will be equal to: Net Fund Value - Transaction Costs number of Units on IssueWhile the Trust is Liquid, each of these variables will be calculated as at the next Valuation Time after the Manager received (or is taken to have received) the withdrawal request.


More Definitions of Net Fund Value

Net Fund Value means the Fund’s net assets, less the aggregate of any accruals for fees and expenses.
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Net Fund Value on any date shall mean the dollar amount derived by subtracting
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Net Fund Value on any date shall mean the dollar amount derived by subtracting (i) the liabilities of the Fund (including any accrued expenses, even if estimated) as of such date from (ii) the Asset Value as of such date, determined in the manner described in (e) below.
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Net Fund Value or “NFV” means the Gross Fund Value less the Class Counsel
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Related to Net Fund Value

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • SPS AER Value means the Underlying Reference Value.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Cash price means the price measured in dollars at which a seller of a motor vehicle would in good faith sell to the buyer or to any other buyer under like circumstances, and the buyer would in good faith buy from the seller, the motor vehicle that is the subject matter of an installment sale contract if the sale were a sale for cash instead of an installment sale.

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;