Asset Value definition

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

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Asset Value means, with respect to any property or asset of any Consolidated Company as of any particular date, an amount equal to the greater of (i) the then book value of such property or asset as established in accordance with GAAP, and (ii) the then fair market value of such property or asset as determined in good faith by the board of directors of such Consolidated Company.

Asset Value at any date means the fair market value of assets in a Series representing the purchase price that a willing buyer having all relevant knowledge would pay a willing seller for such assets in an arm’s length transaction, determined by the Managing Member in its sole discretion.

Examples of Asset Value in a sentence

Without limiting the generality of the foregoing, the Trustees may, in their sole discretion, (a) fix the Net Asset Value per Share of the initial capital contribution, (b) impose sales or other charges upon investments in the Trust or (c) issue fractional Shares.
Unless the Trustees otherwise determine, investments shall be credited to each Shareholder’s account in the form of full Shares at the Net Asset Value per Share next determined after the investment is received.
The Net Asset Value of each outstanding Share of any Class shall be the quotient obtained by dividing (a) the value of the net assets belonging to that Class less the liabilities belonging to such Class by (b) the total number of Shares of that Class outstanding, all determined in accordance with the methods and procedures, including without limitation those with respect to rounding, established by the Trustees from time to time.
Total Secured Indebtedness to exceed forty percent (40%) of Total Asset Value at any time.
The number of Units held with respect to a Limited Partner may be reduced by a number of Units with an aggregate Net Asset Value (based upon the Net Asset Value per Unit as of the end of such Incentive Allocation Period) equal to the amount of such Incentive Allocation.

More Definitions of Asset Value

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

Asset Value means, as of any day of determination in respect of any asset of the Borrower, the Value of such asset computed in the manner as such Value is required to be computed by the Borrower in accordance with the Prospectus and Applicable Law, including, without limitation, the Investment Company Act; provided that:

Asset Value. With respect to each Purchased Asset and any date of determination, an amount equal to the following, as applicable, as the same may be reduced in accordance with Section 4.3, and, in the case of each Purchased Mortgage Loan, as shall include the related Servicing Rights:

Asset Value has the meaning set forth in Section 1.01 of the Holdings LLC Agreement.

Asset Value means, with respect to any Collateral Asset on the relevant date of determination,

Asset Value means the amount calculated as at each Calculation Date as follows: where,

Asset Value means the cost of reinstatement of a Member’s Infrastructure as determined pursuant to clause 7.1.1(a);