Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:
Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11
Collection Practices; Escrow Deposits; Interest Rate Adjustments The origination, servicing and collection practices used by the Seller and the Interim Servicer with respect to the Mortgage Loan have been in all respects in compliance with Accepted Servicing Practices, applicable laws and regulations, and have been in all respects legal and proper. With respect to escrow deposits and Escrow Payments, all such payments are in the possession of, or under the control of, the Seller or the Interim Servicer and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made. All Escrow Payments have been collected in full compliance with state and federal law and the provisions of the related Mortgage Note and Mortgage. An escrow of funds is not prohibited by applicable law and has been established in an amount sufficient to pay for every item that remains unpaid and has been assessed but is not yet due and payable. No escrow deposits or Escrow Payments or other charges or payments due the Seller have been capitalized under the Mortgage or the Mortgage Note. All Mortgage Interest Rate adjustments have been made in strict compliance with state and federal law and the terms of the related Mortgage and Mortgage Note on the related Interest Rate Adjustment Date. If, pursuant to the terms of the Mortgage Note, another index was selected for determining the Mortgage Interest Rate, the same index was used with respect to each Mortgage Note which required a new index to be selected, and such selection did not conflict with the terms of the related Mortgage Note. The Seller or the Interim Servicer executed and delivered any and all notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the Mortgage Interest Rate and the Monthly Payment adjustments. Any interest required to be paid pursuant to state, federal and local law has been properly paid and credited;
Book Value The value of an asset on the books of the Company, before allowance for depreciation or amortization.
RESERVE PRICE The subject property will be sold “as is where is basis” and subject to a reserve price of RM 121,500.00 (RINGGIT MALAYSIA: ONE HUNDRED TWENTY ONE THOUSAND AND FIVE HUNDRED ONLY) subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to consent being obtained by the successful bidder (“the Purchaser”) from the relevant authorities, if any, including all terms, conditions, stipulation and covenants which were and may be imposed by the relevant authority. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful bidder (“the Purchaser”).Online bidders are further subject to the Terms & Conditions on xxx.xxxxxxxxxxxxxxxx.xxx All intending bidders are required to deposit 10% of the fixed reserve price by bank draft / cashier’s order only in favour of RHB Islamic Bank Berhad prior to the auction sale with the undermentioned Auctioneer and the balance of the purchase price together with sales and service tax (SST) and/or any other tax that replace SST is to be settled within ninety (90) days from the date of auction to RHB Islamic Bank Berhad via XXXXXX. Detail of payment via XXXXXX, please liaise with Messrs Xxxx & Co. For further particulars, please contact MESSRS XXXX & CO, Solicitors for Assignee herein whose address is at Xxxx 0-0, Xxxxx 0, Tower B, Vertical Business Suite, Avenue 0, Xxxxxxx Xxxxx, Xx. 0, Xxxxx Xxxxxxxx, 00000 Xxxxx Xxxxxx. Tel: 00-0000000 / 00-0000 0000 / Fax: 00-0000 0000 [Ref: GCKL/RHBISL/P5304/20/siti ] or under mentioned Auctioneer. RAJAN AUCTIONEERS SDN. BHD. X. XXXXX Xx.00X, Xxxxxxx Xxxx, Xxxxx Xxxx Xxxxxx, ( Licensed Auctioneer ) 00000 Xxxxx , Xxxxxxxx Xxxxx Xxxxx H/P : 000-0000000 Tel : 00-00000000 / Fax: 00-00000000 H/P : 012-2738109 Our Ref: RA/RHBI/GC/KL/4029-23(sri) PERISYTIHARAN JUALAN DALAM PERKARA PERJANJIAN “DIMINISHING MUSHARAKAH CO-OWNERSHIP”, PERJANJIAN IJARAH, PENYERAHAN HAK PIHAK PERTAMA, PERJANJIAN AGENSI PERKHIDMATAN XXX AKUJANJI BELIAN KESEMUANYA BERTARIKH 12HB NOVEMBER 2014 ANTARA RHB ISLAMIC BANK BERHAD ( CO.NO.200501003283/680329-V ) PIHAK PEMEGANG XXXXX XXX/BANK XXX XXXX XXXXXXXXXX BIN XXXXXX (XX.XX: 870122-03-5201) PIHAK PENYERAH HAK/ PELANGGAN Dalam menjalankan xxx xxx kuasa xxxx diberi kepada Pihak Pemegang Serah xxx xxx di bawah Perjanjian “Diminishing Musharakah Co- Ownership”, Perjanjian Ijarah, Penyerahan Hak Pihak Pertama, Perjanjian Agensi Perkhidmatan Xxx Xxxxxxxx Xxxxxx kesemuanya bertarikh 12hb November 2014, didaftarkan diantara Pihak Pemegang Serah Xxx xxx Pihak Penyerah Xxx xxx dalam Perjanjian Jual Beli di antara Pihak Penyerah Xxx xxx First Paper Mill Sdn Berhad (“Tuanpunya”) bertarikh 19hb June 2014, adalah dengan ini diisytiharkan bahawa Pihak Pemegang Xxxxx xxx dengan dibantu oleh Xxxxxxxx yang tersebut di bawah. AKAN MENJUAL HARTANAH YANG DIPERIHALKAN DI BAWAH MELALUI LELONGAN AWAM PADA HARI RABU, 19HB APRIL 2023 PADA JAM 10.30 PAGI, DI RAJAN AUCTIONEERS SDN BHD, XX.00X, XXXXXXX XXXX, XXXXX XXXX XXXXXX, 00000 XXXXX, XXXXXXXX XXXXX XXXXX.
De Minimis Adjustments No adjustment in the number of shares of Common Stock purchasable hereunder shall be required unless such adjustment would require an increase or decrease of at least one share of Common Stock purchasable upon an exercise of each Warrant and no adjustment in the Exercise Price shall be required unless such adjustment would require an increase or decrease of at least $0.01 in the Exercise Price; provided, however, that any adjustments which by reason of this Section 3.7 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations shall be made to the nearest full share or nearest one hundredth of a dollar, as applicable.
Determination of Net Asset Value Section 2. The net asset value per share of each class and each series of Shares of the Trust shall be determined in accordance with the 1940 Act and any related procedures adopted by the Trustees from time to time. Determinations made under and pursuant to this Section 2 in good faith and in accordance with the provisions of the 1940 Act shall be binding on all parties concerned.
Allocated Values The Unadjusted Purchase Price is allocated among the Assets as set forth in Exhibit D attached hereto (the “Allocated Values”). Sellers and Buyer agree that the Allocated Values shall be used to compute any adjustments to the Unadjusted Purchase Price pursuant to the provisions of Article III and Article IV.
Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.
CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund
