Class I NAV definition

Class I NAV means, with respect to any day, the most current daily net asset value per Class I Share publicly disclosed by DPF on its website as of the end of such day.
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Class I NAV means the portion of the NAV allocable to Class I Shares, calculated pursuant to the Valuation Guidelines.
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Class I NAV means the net asset value per “Class I Share, as determined pursuant to the Company’s valuation policies and procedures, as they may be amended from time to time.
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Examples of Class I NAV in a sentence

  • The first Class S share will be sold at the Class A NAV per share, the first Class M-I share will be sold at the Class I NAV per share, and the first Class T2 share will be sold at the Class T NAV per share.

  • The term “Class D Conversion Rate” shall mean the number of shares of Class I Common Stock equal to the product of each share of Class D Common Stock to be converted and a fraction, the numerator of which is the Class D NAV Per Share and the denominator of which is the Class I NAV Per Share.

  • Risks are more easily assessed and managed in the planning stages of an operation.

  • Upon termination of this Agreement, the Advisor will promptly pay any Unused Offset Amounts to DPF or, at the Advisor’s election, return Class I Shares in equal value, with such value based on the Class I NAV as of the date of termination of this Agreement.

  • The term “Class S Conversion Rate” shall mean the number of shares of Class I Common Stock equal to the product of each share of Class S Common Stock to be converted and a fraction, the numerator of which is the Class S NAV Per Share and the denominator of which is the Class I NAV Per Share.

  • The term “Class T Conversion Rate” shall mean the number of shares of Class I Common Stock equal to the product of each share of Class T Common Stock to be converted and a fraction, the numerator of which is the Class T NAV Per Share and the denominator of which is the Class I NAV Per Share.Class T NAV Per Share.

  • The Class I Shares received by you pursuant to this Agreement upon settlement of your Units shall be eligible for redemption under the Company’s Share Redemption Program, subject to (i) a requirement that you hold at least $30,000 in Class I Shares, based on the then-current Class I NAV and (ii) applicable restrictions under the Company’s Insider Trading Policy.

  • BCRED’s Class I NAV per share increased from $25.00 to $25.93 , Class S NAV per share increased from $25.00 to $25.93 and Class D NAV per share increased from $25.59 to $25.93.

  • BREIT’s Class I NAV per share increased from $12.10 to $12.41, BREIT’s Class T NAV per share increased from $11.92 to $12.23 and BREIT’s Class D NAV per share increased from $11.94 to $12.24.

  • The term “Class D Conversion Rate” shall mean the fraction, the numerator of which is the Class D NAV Per Share and the denominator of which is the Class I NAV Per Share.Class D NAV Per Share.

Related to Class I NAV

  • Class I X" on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class II vehicles constructed principally for the carriage of seated passengers, and designed to allow the carriage of standing passengers in the gangway and/or in an area which does not exceed the space provided for two double seats.

  • Class III vehicles constructed exclusively for the carriage of seated passengers;

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class A has the meaning set forth in Section 5.1.C.

  • Class I area means a mandatory visibility protection area designated pursuant to section 169A of the federal Clean Air Act.

  • Class B-3 Pass-Through Rate For the first Distribution Date, 4.120% per annum. As of any Distribution Date thereafter, the least of (1) One-Month LIBOR plus the Class B-3 Margin, (2) the Weighted Maximum Rate Cap and (3) the Available Funds Cap for such Distribution Date.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-5 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1156%.

  • Class A-S Component The Component having such designation.

  • Class A-1 Pass-Through Rate For any Distribution Date, a per annum rate equal to 2.2557%.

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class B-1 Pass-Through Rate For the first Distribution Date, 4.83000% per annum. For any Distribution Date thereafter, the lesser of (i) One-Month LIBOR plus the Class B-1 Margin, and (ii) the Net Rate Cap for such Distribution Date.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class B-2 Pass-Through Rate For the first Distribution Date, 5.38000% per annum. For any Distribution Date thereafter, the lesser of (i) One-Month LIBOR plus the Class B-2 Margin, and (ii) the Net Rate Cap for such Distribution Date.

  • Class B-3 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-3 Certificates pursuant to Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).

  • Class A-3 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.205%.

  • Class A-3 Final Distribution Date means the March 15, 2024 Distribution Date.

  • Class A-2 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.1000%.

  • Class S designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-2 Component The Component having such designation.

  • Class A-4 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.1020%.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class A-2 Final Distribution Date has the meaning set forth in the Sale and Servicing Agreement.