Examples of Valuation Point in a sentence
Valuation Point: That point in time where the market inputs needed for the applicable valuation process/model are taken from market sources (trading market or counterparty) Authorized By: Provide the signature of the person authorizing the completion of the Price Source Authorization Date: Indicate the date the Price Source Authorization was completed Exhibit C deleted – See First Amendment, dated 3/1/11, effective 3/25/11 EXHIBIT C FAIR VALUE PRICING AUTHORIZATION FEDERATED INVESTORS, INC.
Valuation Point: That point in time where the market inputs needed for the applicable valuation process/model are taken from market sources (trading market or counterparty) Authorized By: Provide the signature of the person authorizing the completion of the Price Source Authorization Date: Indicate the date the Price Source Authorization was completed EXHIBIT C FAIR VALUE PRICING AUTHORIZATION To: State Street Bank and Trust Company From: Federated Investors, Inc.
Each Limited Owner shall be notified of any decline in the estimated Net Asset Value of a Series per Interest to less than 50% of the Net Asset Value of a Series per Interest as of the end of the immediately preceding Valuation Point within seven Business Days of such occurrence.
In the event that there is any Trust Estate, or any income, earnings, profits, and proceeds thereof, funds or payments which are not readily identifiable as belonging to any particular Fund, the Managing Owner shall allocate them among the Funds in proportion to their respective Net Asset Values as of the next prior Valuation Point at the time of the allocation.
If the Per Unit Net Asset Value of a Fund declines to less than fifty percent (50%) of the Per Unit Net Asset Value of such Fund as of the immediately preceding Valuation Point (a “Decline Date”), the Managing Owner shall send a notice of such decline (a “Decline Notice”) by first class mail, postage prepaid, to each Limited Owner who holds Units in such Fund within seven (7) Business Days following such Decline Date.