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    • 2017 net asset value

    Definition of 2017 Net Asset Value

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    2017 Net Asset Value means, for a company, the net asset value at 31 December 2017.
    Sample 1
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    Examples of 2017 Net Asset Value in a sentence

    The “Change in the Panel's NAV” means the average of the change, expressed as a percentage, between the 2017 Net Asset Value and the 2020 Net Asset Value of each of the companies in the Panel.

    The Performance Conditions are as follows:• Condition 1: Change in the NAV (representing one-third of the Performance Conditions) (“Performance Condition 1”) For the purposes of this Article: The “Change in the Company's NAV” means, on a comparable basis compared with Carmila Group perimeter as of 31 December 2017, the change, expressed as a percentage, between Carmila's 2017 Net Asset Value and the Company's 2020 Net Asset Value.

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