Valuation of Non-Cash Assets Sample Clauses

Valuation of Non-Cash Assets. For purposes of this Agreement, the procedure for valuing any non-cash assets shall, unless otherwise provided herein, be as follows:
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Valuation of Non-Cash Assets. Whenever the distribution provided for in this Section 5.3 shall be payable in securities or property other than cash, its value will be determined as follows:
Sample 1
Valuation of Non-Cash Assets. If any Available Assets of the Corporation distributed to the stockholders of the Corporation in connection with any Liquidation are other than cash, then the value of such Available Assets shall be their fair market value as determined in good faith by the Board of Directors.
Sample 1

Related to Valuation of Non-Cash Assets

  • Determination of Net Asset Value The Trustees shall cause the Net Asset Value of Shares of each Series or Class to be determined from time to time in a manner consistent with applicable laws and regulations. The Trustees may delegate the power and duty to determine Net Asset Value per Share to one or more Trustees or officers of the Trust or to a custodian, depository or other agent appointed for such purpose. The Net Asset Value of Shares shall be determined separately for each Series or Class at such times as may be prescribed by the Trustees or, in the absence of action by the Trustees, as of the close of regular trading on the New York Stock Exchange on each day for all or part of which such Exchange is open for unrestricted trading.

Time is Money Join Law Insider Premium to draft better contracts faster.