Net Asset Value per Unit Clause Samples

Net Asset Value per Unit. The “Net Asset Value per Unit” shall mean the Net Asset Value allocated to capital accounts represented by Units of Limited Partnership Interest of a Class divided by the aggregate number of Units of Limited Partnership Interest of such Class.

Net Asset Value per Unit. The Net Asset Value of each Unit shall be determined by dividing the Net Assets of the Company by the aggregate number of Units outstanding.

Net Asset Value per Unit. The Initial Costs and the Fixed Costs Provision will be amortized over the period from but excluding the Closing Date to 16 December 2011. As a result of such amortization, Net Asset Value of the Series Trust will be reduced. The Net Asset Value will be increased on the Note Maturity Date or such earlier day as the Manager shall determine following the date on which the Notes may be redeemed in full by the Issuer, as described in the section headed "Risk Factors - Investment in the Notes - The Notes may be redeemed early at an amount less than US$0.01 per Note") (the "End Date") by an amount equal to that portion of the Fixed Costs Provision (if any) that remains in the Trust Fund after accounting for all fixed costs incurred up to and including the End Date (the "Unspent Provision"). Such Unspent Provision will be shared among the Units outstanding at the End Date. Unitholders who have had their Units repurchased prior to the End Date will not receive a share of this Unspent Provision and will bear a disproportionately larger percentage of the Fixed Costs Provision than they would have borne had their Units been repurchased on or after the End Date. There can be no assurance that an increase in the bid prices of the Notes will result in an increase in Net Asset Value per Unit. Similarly, there can be no assurance that Net Asset Value per Unit will increase (or decrease) by a percentage which corresponds to percentage increases (or decreases) in the value or bid prices of the Notes.

Net Asset Value per Unit. The Net Asset Value of the Partnership divided by the number of Units outstanding as of the date of calculation. Net Asset Value of the Partnership. Total assets of the Partnership less total liabilities, all as determined in accordance with the principles set forth in this Agreement or, where no such principles are specified herein, in accordance with United States generally accepted accounting principles applied on a consistent basis. The value of all Investments shall be the market value thereof. The value of a Commodity traded on an exchange shall be the settlement or closing price thereof on the exchange on the date of determination; provided, however, that if a Commodity could not be liquidated on the day with respect to which the assets of the Partnership are being determined, the settlement or closing price on the first subsequent day on which the contract could be liquidated shall be the basis for determining the liquidating value thereof. The market value of a Commodity not traded on an exchange shall mean its market value as determined by the General Partner on a basis consistently applied.

Net Asset Value per Unit. The Net Asset Value of the Partnership divided by the number of Units outstanding as of the date of calculation. Net Asset Value of the Partnership. Total assets of the Partnership less total liabilities, all as determined in accordance with the principles set forth in this Agreement or, where no such principles are specified herein, in accordance with United States generally accepted accounting principles applied on a consistent basis.

Net Asset Value per Unit. Attributable to Unitholders