Valuation Policy has the meaning assigned to such term in Section 5.12(b)(ii)(B).
Valuation Policy means the Borrower’s valuation policy, as the same may be amended, supplemented, waived, or otherwise modified from time to time consistent with industry practice for business development companies and in a manner not prohibited by this Agreement.
Valuation Policy means the policy of the Trustee, defined as such in “Securities Offered - Valuation Policy”. CANADIAN CURRENCY All dollar amounts stated herein, unless otherwise stated, are expressed in Canadian currency. FORWARD LOOKING STATEMENTS This Offering Memorandum contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “proposes”, “expects”, “estimates”, “intends”, “anticipates” or “believes”, or variations (including negative and grammatical variations) of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Trust to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results, performance and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this Offering Memorandum. Such forward-looking statements are based on a number of assumptions which may prove to be incorrect including, but not limited to: the completion of this Offering, the ability of the Trust to acquire and maintain a Mortgage Portfolio capable of generating the necessary annual yield or returns to enable the Trust to achieve its investment objectives, the ability of the Trust to establish and maintain relationships and agreements with key strategic partners, the maintenance of prevailing interest rates at favourable levels, the ability of borrowers to service their obligations under the Mortgages, the ability of the Manager to effectively perform its obligations to the Trust, anticipated costs and expenses, competition, and changes in general economic conditions. While the Trust anticipates that subsequent events and developments may cause its views to change, the Trust specifically disclaims any obligation to update these forward-looking statements, except as required by applicable law. These forward-looking statements should not be relied upon as representing the Trust’s views as of any date subsequent to the date of this Offering Memorandum. Although the Trust has attempted to identify important factors that could cause actual actions, events or results to differ materially from those ...
Examples of Valuation Policy in a sentence
This Valuation Policy is intended to provide a consistent, conservative basis for establishing the Asset Value of the portfolio.
For purposes of this Agreement, Manager shall determine the fair value of non-publicly traded assets according to its then- current Valuation Policy, a copy of which has been provided to Members as Exhibit C of the Operating Agreement.
The Valuation Policy may be amended from time to time at the discretion of Manager.
Advisor’s Valuation Policy, which may be updated from time to time by Advisor in its sole discretion, shall govern with respect to all valuations of the Fund.
The Borrower shall promptly advise the Lenders and the Administrative Agent of any material change in either its Investment Policies or Valuation Policy.
More Definitions of Valuation Policy
Valuation Policy. As defined in the Compliance Rules. Warrant Percentage: As defined in Schedule A. Watchlist: As defined in the Compliance Rules.
Valuation Policy means the valuation policy adopted by the valuation committee of the board of directors of the General Partner, as amended from time to time.
Valuation Policy means the Investment Manager’s valuation policy and procedures, as may be amended from time to time.
Valuation Policy means the policy adopted by the Portfolio Manager for valuing the assets of the Portfolio of the Client delineated in Schedule VI of this Agreement. The Portfolio Manager reserves the right to revise the provisions of the Valuation Policy from time to time as it deems necessary.
Valuation Policy means the Investment Manager's valuation policy and procedures, as the same may be amended from time to time.
Valuation Policy means Borrower’s internally-set valuation policy for Portfolio Companies, disclosed to Borrower’s limited partners and Administrative Agent prior to the Closing Date and attached hereto as Schedule 6, which shall be consistent with GAAP, as may be amended, restated, supplemented, or otherwise modified from time to time in accordance with Section 7.11.
Valuation Policy means the valuation policy of the Company as set forth in the section entitled “Determination of Net Asset Value” on pages 65 to 67.