Stress Testing Reports Clause Samples
Stress Testing Reports. State Street will provide to the Fund stress testing reports at the agreed upon frequency in Excel or pdf format. Each report will include the dates the stress tests were performed and a list of assumptions made. In addition, the reports will display the impacted market value in relation to the amortized value for floating NAV funds or the impacted market value per share for stable NAV funds as well as the percentage of weekly liquid assets.
Stress Testing Reports. Sub-Administrator will provide to Administrator stress testing reports at the agreed upon frequency in Excel or PDF format. Each report will include the dates the stress tests were performed and the magnitude of the hypothetical event that would cause the deviation of a Fund’s net asset value calculated using available market quotations (or appropriate substitutes which reflect current market conditions) from its net asset value per share to exceed 1⁄2 of 1%.
Stress Testing Reports. State Street will provide to the Fund stress testing reports at the agreed upon frequency in Excel or pdf format. Each report will include the dates the stress tests were performed and the magnitude of the hypothetical event that would cause the deviation of the Portfolio’s net asset value calculated using available market quotations (or appropriate substitutes which reflect current market conditions) from its net asset value per share to exceed 1/2 of 1%. State Street may from time to time add additional tests to the Standard Stress Testing Suite and will provide the results of such tests as part of the Services provided to the Portfolio.