Decline in Net Asset Value Sample Clauses

A Decline in Net Asset Value clause sets out the actions or consequences that occur if the value of a fund or investment portfolio drops below a specified threshold. Typically, this clause may require the fund manager to notify investors, restrict certain transactions, or even trigger redemption rights or additional collateral requirements. Its core function is to protect investors by providing mechanisms to address significant decreases in asset value, thereby managing risk and ensuring transparency in adverse market conditions.
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Decline in Net Asset Value. Borrower’s Net Asset Value as of the last Business Day of any calendar month declines by 25% or more from Borrower’s Net Asset Value as of the last Business Day of the immediately preceding calendar month; (ii) Borrower’s Net Asset Value as of the last Business Day of any calendar month declines by 50% or more from Borrower’s Net Asset Value as of the last Business Day of the third calendar month immediately preceding such day; or (iii) Borrower’s Net Asset Value declines by 50% or more from Borrower’s Net Asset Value as of the last Business Day of any calendar month in the immediately preceding calendar year;
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Decline in Net Asset Value. (A) As of the last Local Business Day of any month a 20% or greater decline in Party B’s Net Asset Value compared to Party B’s Net Asset Value reported to Party A as of the last Local Business Day of the immediately preceding month or (B) on any day of any month a 30% or greater decline in Party B’s Net Asset Value compared to Party B’s Net Asset Value reported to Party A as of the last Local Business Day of any of the three preceding months or (C) as of the last Local Business Day of any month a 40% or greater decline in Party B’s Net Asset Value compared to Party B’s Net Asset Value reported to Party A as of the last Local Business Day of any of the twelve preceding months.
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Decline in Net Asset Value. Party B’s Net Asset Value (as at the last day of any calendar month (such date, “X”)) declines by (i) 15% or greater within one calendar month of X, or (ii) 30% or greater within 3 calendar months of X or (iii) 40% or greater within 12 calendar months of X;
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Related to Decline in Net Asset Value

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.