Aggregate Closing Asset Value definition

Aggregate Closing Asset Value has the meaning set forth in Section 2.01(c).
Sample 1
Aggregate Closing Asset Value means an amount equal to Aggregate Opening Asset Value reduced by a percentage equal to the aggregate of the Relative Contract Values of Administered Contracts (by case) on the date hereof that have experienced a Withdrawal and increased by the New Business Amount provided, that, for purposes of such definition, in the event a given Administered Contract (by case) experiences only a partial Withdrawal, then (i) the Relative Contract Values included in such reduction with respect to such partial Withdrawal shall be prorated to reflect only that portion of such Administered Contract (by case) subject to such partial Withdrawal, (ii) any such proration shall be determined by reference to the Aggregate Asset Value attributable to such Administered Contract (by case) and such partial Withdrawal as of the time of such partial Withdrawal, (iii) the time of such partial Withdrawal shall be deemed to be the month end closest to the date effected or, in the event not effected by the Closing Date, the month end on or prior to the Closing Date, and (iv) the Relative Contract Value with respect to such Administered Contract (by case) shall be reduced for future application of this definition by the amount included in the above reduction with respect to such partial Withdrawal.
Sample 1

Examples of Aggregate Closing Asset Value in a sentence

  • On the Closing Date, Aggregate Closing Asset Value shall be not less than 88 percent (88%) of Aggregate Opening Asset Value.

Related to Aggregate Closing Asset Value

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Aggregate Funded Spread means, as of any date, the sum of:

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Aggregate Assets means the value of the Sub-Advised Assets and the Other Accounts on the Valuation Date during the applicable calendar month. The values for the Sub-Advised Assets and Other Accounts shall be as reported by the applicable custodian and fund administrator.

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.3(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(b)(i)(A).

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).