Value of the Partnership Sample Clauses
The 'Value of the Partnership' clause defines how the overall worth of the partnership is determined for legal and financial purposes. Typically, this clause outlines the methods or criteria used to appraise the partnership's assets and liabilities, such as referencing book value, fair market value, or using an independent valuation expert. This ensures that all partners have a clear and agreed-upon basis for calculating their respective shares, especially in situations like a partner's exit, dissolution of the partnership, or transfer of interests, thereby preventing disputes and ensuring transparency.
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Value of the Partnership. The current value of the assets of the partnership less the current value of the liabilities of the partnership (hereinafter referred as to value of the partnership) shall be determined as of the time of securities market close on the last Friday of each month.
Value of the Partnership. The current value of the assets of the Partnership, less the current value of the liabilities of the Partnership (hereinafter referred to as "value of the Partnership"), shall be determined via the bivio website2 as of a regularly scheduled date and time ("valuation date") preceding the date of each periodic meeting determined by the Club.
Value of the Partnership. The current value of the assets of the partnership, less the current value of the liabilities of the partnership, (hereinafter referred to as the "value of the partnership") shall be determined as of a regularly scheduled date and time ("valuation date") preceding the date of each periodic meeting determined by the Club.
Value of the Partnership. The current value of the assets of the partnership, less the current value of the liabilities of the partnership is “the value of the partnership.”
Value of the Partnership. The current value of the assets of PI, less the current value of the liabilities of PI, (hereinafter referred to as "PI Value") shall be determined using the unit-based partnership accounting procedures provided by bivio as of the valuation day, which shall be each day the stock market is open and shall hereinafter be referred to as the "Valuation Date".
Value of the Partnership. One week before the scheduled date and time (“valuation date”) preceding the date of each periodic meeting determine by the Group, the current value of the assets of the Partnership (closing prices), less the current value of the liabilities of the Partnership shall be determined (here and after referred to as “value of the Partnership”). If the market is closed on that day, the prices will be determined on the day before.
Value of the Partnership. The NAV of the Partnership for any specific date will be calculated by the Platform based on the last traded prices as of the close of business on the most recent business day. The applicable NAV in the event of changes to the Partnership or a Partner’s capital account are as follows: If during market hours, the current day closing NAV, or if after market close, the following day closing NAV. The number of units of ownership received for a Partner’s capital contribution or withdrawal will be determined accordingly.
Value of the Partnership. The Net Asset Value (NAV) of the partnership will be determined as necessary to conduct club business. NAV for any specific date will be considered accurate when all club transactions have been correctly entered and cryptocurrency prices have been updated. The number of units of ownership received for a member payment will be determined by the club's NAV as of the deposit date of the contribution in the club brokerage account (Payment Valuation Date). Member withdrawals will be valued based on the club NAV two business days prior to the club meeting following the meeting at which a withdrawal request is received and accepted. (Withdrawal Valuation Date).
Value of the Partnership. The current value of the assets of SOS, less the current value of the liabilities of SOS (hereinafter referred to as the “value of the partnership”) shall be determined as of a regularly scheduled date and time (“valuation date”) preceding the date of each periodic meeting determined by the partnership.
Value of the Partnership. The partnership valuation is determined by the current value of assets less the current value of the liabilities. The valuation of the partnership and each partner’s capital account will be determined the 1st Saturday of each month.