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

• Subject to the other provisions of this Section 8, BNY Mellon agrees to be liable to the Fund to the extent it is the responsible party for such loss, damage or expense either (i) in accordance with the terms of its Net Asset Value (“NAV”) Error Policy as such is provided to BNY Mellon by the Fund or (ii) as may be mutually agreed upon between BNY Mellon and the Fund.

• Calculate Net Asset Value in the manner specified in the Offering Materials (which, for the service described herein, shall include the Net Asset Value error policy, where applicable).

• Any valuations of securities, other assets, or the Net Asset Value provided by the Trust.

• BNY Mellon shall not be required to include as Trust liabilities and expenses, nor as a reduction of Net Asset Value, any accrual for any federal, state, or foreign income taxes (excluding foreign capital gains and foreign withholding liabilities) unless the Trust shall have specified to BNY Mellon in Instructions the precise amount of the same to be included in liabilities and expenses or used to reduce Net Asset Value.

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);