Series Net Asset Value definition

Series Net Asset Value means the net asset value of any Series of a Class of Units calculated as described under “Determination of Net Asset Value”;

Series Net Asset Value means in respect of any particular series of Units of a Fund, the portion of the Net Asset Value of the Fund attributed to such series determined in accordance with Section 3.4.

Series Net Asset Value means, in respect of any particular Series of a Pool, the net asset value of such Series determined in the manner set out in Section 6.1;

Examples of Series Net Asset Value in a sentence

• The Trustee shall allocate each amount so payable among the Series of Units of the Fund in a manner considered by the Trustee to be equitable to all Participants having regard to the Series Expenses and Series Net Asset Value of each Series.

• Thereafter, the subscription price per Unit of Units of a Fund purchased pursuant to a subscription will be the Series Net Asset Value per Unit of that series of Unit of that Fund determined on the Valuation Day on which the subscription is accepted, provided it is accepted before the Close of Business on such Valuation Day, or the Valuation Day next following the acceptance of the subscription.

• The Manager acknowledges and agrees with the Trustee that the Manager reserves and retains the power and authority to value the assets of the Funds either directly or through an agent appointed by the Manager, including the determination of the Series Net Asset Value of the Fund, Series Net Asset Value per Unit and the computation of Net Income and Net Realized Capital Gains for distribution purposes for each of the Funds in accordance with Applicable Laws.

• As of each business day, the Manager shall be entitled to an administration fee in respect of each series of a Fund payable by the Fund, equal to a percentage of the Series Net Asset Value, on such day as determined in accordance with the terms of Section 3.4, before taking into account the administration fee for such day.

• An amount that becomes payable pursuant to Section 16.8 by a Fund other than a Money Market Fund, or pursuant to Section 16.9 by any Fund shall not be deducted in determining the Net Asset Value of the Fund or the Series Net Asset Value of a series of Units of the Fund, on the relevant Distribution Date.

More Definitions of Series Net Asset Value

Series Net Asset Value of a Series of Units, as of any date, shall equal the Class Net Asset Value for such Series as of such date attributable to the Series, less an amount equal to the total Series liabilities as of such date.

Series Net Asset Value means for each series of Units of the Fund, the proportionate share of the NAV attributable to that series of Units on each Valuation Date, as more fully described in the Prospectus under the heading “Calculation of Net Asset Value and Valuation of Portfolio Securities”.

Series Net Asset Value means, in respect of any particular Series on any Valuation Date, the portion of the Net Asset Value of that Fund attributed to the Series on that Valuation Date determined in accordance with Section3.4;

Series Net Asset Value means the portion of the Net Asset Value attributable to each Series of Units, calculated as described under “Valuation”.

Series Net Asset Value means the fair market value of one particular Series of Units at the time the calculation is made less the amount of any liabilities attributable to such Series at that time as determined by SGGG, as delegated by the Manager, and "Series Net Asset Value Per Unit" has a corresponding meaning.

Series Net Asset Value means the net asset value of each Series of Units of the Fund;

Series Net Asset Value means the net asset value of any Series of Units determined from time to time in accordance with the terms hereof.