Net Asset Value. (a) The Net Asset Value per Share of any Series or Class thereof shall be the quotient obtained by dividing the value of the net assets of that Series or Class (being the value of the assets belonging to that Series or Class less the liabilities belonging to that Series or Class) by the total number of Shares of that Series or Class outstanding, all determined in accordance with the methods and procedures, including without limitation those with respect to rounding, established by the Trustees from time to time.
Appears in 118 contracts
Samples: Agreement and Declaration of Trust (American Funds Retirement Income Portfolio Series), Agreement and Declaration of Trust (American Funds Portfolio Series), Agreement and Declaration of Trust (American Funds Corporate Bond Fund)
Net Asset Value. (a) The Net Asset Value per of each outstanding Share of any Series or Class thereof shall be the quotient obtained by dividing (a) the value of the net assets of that Series or Class (being the value of the assets belonging to that Series or Class less the liabilities belonging to that Series or Classsuch Class by (b) by the total number of Shares of that Series or Class outstanding, all determined in accordance with the methods and procedures, including without limitation those with respect to rounding, established by the Trustees from time to time.
Appears in 36 contracts
Samples: Resources Fund Agreement (Aether Infrastructure & Natural Resources Fund), Agreement and Declaration (Redwood Real Estate Income Fund), Agreement and Declaration of Trust (FlowStone Opportunity Fund)
Net Asset Value. (a) The Net Asset Value per Share (including of any Series or Class thereof thereof) shall be the quotient obtained by dividing the value of the net assets of that the Trust (or the applicable Series or Class (being the value of the assets belonging to that Series or Class less the liabilities belonging to that Series or Class)) by the total number of Shares of the Trust or that Series or Class outstanding, all determined in accordance with the methods and procedures, including without limitation those with respect to rounding, established by the Trustees from time to time.
Appears in 14 contracts
Samples: Agreement and Declaration (Evanston Alternative Opportunities Fund), Agreement and Declaration of Trust (Man Long Short Fund), Agreement and Declaration (Hatteras Sector Select Institutional Fund)
Net Asset Value. (a) The Net Asset Value per of each outstanding Share of any Series or Class thereof shall be the quotient obtained by dividing (a) the value of the net assets of that Series or Class (being the value of the assets belonging to that Series or Class less the liabilities belonging to that Series or Classsuch Class by (b) by the total number of Shares of that Series or Class outstanding, all determined in accordance with the methods and procedures, including without limitation those with respect to rounding, established by the Trustees from time to time.. ARTICLE VIII
Appears in 6 contracts
Samples: Agreement and Declaration of Trust (Hamilton Lane Private Assets Fund), Real Assets Fund Agreement (First Trust Real Assets Fund), Cliffwater Direct Lending Fund Agreement (Cliffwater Direct Lending Fund)