Common use of Valuation of Investments Clause in Contracts

Valuation of Investments. The general rule for determining the value of investments in order to ascertain whether a person is a qualified purchaser is that the value of the aggregate amount of investments owned and invested on a discretionary basis by such person shall be their fair market value on the most recent practicable date or their cost. This general rule is subject to the following provisos:

Valuation of Investments. The general rule for For purposes of determining the value of investments in order to ascertain whether a person is a qualified purchaser Investments, the general rule is that the value of the aggregate amount of investments Investments owned and invested on a discretionary basis by such person shall be their fair market value on the most recent practicable date or their cost. This general rule is subject to the following provisos:

Valuation of Investments. The general rule for determining the value of investments in order to ascertain whether a person is a “qualified purchaser purchaser” is that the value of the aggregate amount of investments owned and invested on a discretionary basis by such person shall be is either their fair market value on the most recent practicable date or their cost. This general rule is subject to the following provisos:

Valuation of Investments. The general rule for determining the value of investments in order to ascertain whether a person Person is a qualified purchaser is that the value of the aggregate amount of investments owned and invested on a discretionary basis by such person Person shall be their fair market value on the most recent practicable date or their cost. This general rule is subject to the following provisosprovisions: