Final Asset Value Statement definition
Final Asset Value Statement means the Initial Asset Value Statement as made final and binding either pursuant to Section 2.09(c) or after it has been modified to reflect any revisions thereto made through the mutual agreement of Purchaser and Seller or through the determination of the Independent Accountant pursuant to this Section 2.09(f). The “Final Closing Required Asset Value Statement” means the Initial Closing Required Asset Value Statement as made final and binding either pursuant to Section 2.09(c) or after it has been modified to reflect any revisions thereto made through mutual agreement of Purchaser and Seller or through the determination of the Independent Accountant pursuant to this Section 2.09(f), and the “Final Closing Required Asset Value” is the Closing Required Asset Value as set forth on the Final Closing Required Asset Value Statement.
Final Asset Value Statement has the meaning given to such term in Section 2.09(f).
Final Asset Value Statement shall have the meaning specified in Section 3.2.”Final Initial Reinsurance Premium” shall have the meaning specified in Section 3.2.
Examples of Final Asset Value Statement in a sentence
For purposes of preparing the Estimated Closing Statement, Estimated Asset Value Statement, Initial Closing Statement, Initial Asset Value Statement, Final Closing Statement and Final Asset Value Statement and calculating any amounts required to be calculated therefrom, such statements shall be prepared as of the close of the last calendar day of the month immediately preceding the month in which the Closing occurs (the “Accounting Date”).
More Definitions of Final Asset Value Statement
Final Asset Value Statement has the meaning given to such term in Section 2.09(f). “Final Closing Required Asset Value” has the meaning given to such term in Section 2.09(f). “Final Closing Required Asset Value Statement” has the meaning given to such term in Section 2.09(f). “Final Closing Statement” has the meaning given to such term in Section 2.09(f). “FMV Ex-Accrued” means, with respect to any Investment Asset as of any date of determination, the Fair Market Value thereof as of such date, excluding the amount of all accrued but unpaid interest on such Investment Asset through such date; provided that, notwithstanding the foregoing, (a) the FMV Ex-Accrued of any Investment Asset for which a price is available through Bloomberg’s “BVAL” valuation service shall be the 4:00 p.m. Eastern Time bid price set for that Investment Asset by such valuation service on the applicable date of determination, and (b) the FMV Ex-Accrued of any Investment Asset for which a price is not available through Bloomberg’s “BVAL” valuation service but is available through IDC’s valuation service shall be the 4:00 p.m. Eastern Time bid price set for that Investment Asset by IDC’s valuation service on the applicable date of determination. Notwithstanding the foregoing, the FMV Ex-Accrued of any Investment Asset that is sold by the Ceding Company or AHLIC to a third party in the period from the Reference Date through the Closing Date for a price (excluding accrued but unpaid interest) that differs from the amount determined pursuant to the prior sentence shall be the gross proceeds received by the Ceding Company or AHLIC, as