Minimum Net Asset Value definition

Minimum Net Asset Value means such amount as the Directors consider for each Fund and as set out in the Supplement for the relevant Fund;

Minimum Net Asset Value means such amount as the Directors in consultation with the Investment Manager decide for each Trust and as set out in the Supplement for the relevant Trust;

Minimum Net Asset Value means the total value of the Assets acquired as of the Closing Date minus the total amount of the Assumed Liabilities as of the Closing Date, and minus the total amount of certain of Seller's Retained Liabilities as of the Closing Date as set forth on Exhibit 1.8(a), as determined by reference to the amounts set forth on the face (but not the notes) of the Closing Balance Sheet. The method of calculation of the Minimum Net Asset Value should be consistent with the method of calculation for the minimum net asset value as of March 31, 2000 found on Exhibit 1.8(a).

Examples of Minimum Net Asset Value in a sentence

• If conversion requests would result in a residual holding in any one Sub-fund or Class of less than the Minimum Net Asset Value applicable, the Company reserves the right to compulsory redeem the residual Shares in that Sub-fund or Class at the relevant redemption price and make payment of the proceeds thereof to the Shareholders.

• If redemption requests would result in a residual holding in any one Sub-fund or Class of less than the Minimum Net Asset Value applicable, the Company reserves the right to compulsory redeem the residual Shares in that Sub-fund or Class at the relevant redemption price and make payment of the proceeds thereof to the Shareholder.

• If conversion requests would result in a residual holding in any one Sub-fund or Class of less than the Minimum Net Asset Value applicable, the Company reserves the right to compulsorily redeem the residual Shares in that Sub-fund or Class at the relevant redemption price and make payment of the proceeds thereof to the Shareholders.

• If conversion requests would result in a residual holding in any one Sub-fund or Class of less than the Minimum Net Asset Value applicable, the Company reserves the right to compulsorily redeem the residual Shares in that Sub-fund or Class at the relevant redemption price and make payment of the proceeds thereof to the Shareholder.

• If redemption requests would result in a residual holding in any one Sub-fund or Class of less than the Minimum Net Asset Value applicable, the Company reserves the right to compulsorily redeem the residual Shares in that Sub-fund or Class at the relevant redemption price and make payment of the proceeds thereof to the Shareholder.

More Definitions of Minimum Net Asset Value

Minimum Net Asset Value means the minimum Net Asset Value determined by the Directors as being required for a Fund to be operated in an economically efficient manner. Unless otherwise specified in respect of a Fund in the Relevant Supplement, the Minimum Net Asset Value per Fund will be €20 million (or the equivalent in the Base Currency of the relevant Fund) within a period of 6 months from the date of the launch of the relevant Fund or such other amount as may be notified to Shareholders from time to time;

Minimum Net Asset Value means the minimum Net Asset Value determined by the Directors as being required for a Fund to be operated in an economically efficient manner. Unless otherwise specified in respect of a Fund in the Relevant Supplement, the Minimum Net Asset Value per Fund will be €15,000 (or the equivalent in the Base Currency of the relevant Fund) within a period of 6 months from the date of the launch of the relevant Fund or such other amount as may be notified to Shareholders from time to time;"Net Asset Value"means the Net Asset Value of a Fund calculated as described or referred to herein;"Net Asset Value per Share"means, in relation to any Class of Shares, the Net Asset Value divided by the number of Shares in the relevant Class of Shares in issue or deemed to be in issue in respect of that Fund at the relevant Valuation Point subject to such adjustments, if any, as may be required in relation to any Class of Shares in the relevant Fund;"OECD"means the Organisation for Economic Co-operation and Development;"Prospectus"means this document, any Relevant Supplement or Addendum designed to be read and construed together with and to form part of this document and the ICAV or the Fund's most recent annual report and accounts (if issued) or, if more recent, its interim report and accounts;"Recognised Market"means any recognised exchange or market listed in Appendix I hereto;"Recognised Rating Agency"means Standard & Poor's Ratings Group ("S&P"), Moody's Investors Services ("Moodys") or any equivalent rating agency;"Redemption Dealing Deadline"means the redemption dealing deadline as may be specified in the Supplement for each Fund provided that such time shall be before the Valuation Point for that Fund;"Relevant Institution"means a credit institution listed in Regulation 7 of the Central Bank Regulations, which at the date of this Prospectus consists of credit institutions authorised in the European Union, the United Kingdom, Norway, Iceland, Liechtenstein, Switzerland, Canada, Japan, the United States of America, Jersey, Guernsey, the Isle of Man, Australia or New Zealand"Relevant Supplement"in relation to a Fund, the supplement published in respect of that Fund and any addenda thereto;"Revenue Commissioners"the Irish authority responsible for taxation;"Securities Financing Transactions"means repurchase agreements, reverse repurchase agreements, securities lending agreements or total return swaps;"Section 739B"means Section 739B of TCA;

Minimum Net Asset Value means EUR 5,400,000. NAVY CONTRACTS means the Frame Agreements and Purchase Orders for U.S. Navy Projects DDG, LPD and CVN - 77, copies of which have been provided to the Buyer.

Minimum Net Asset Value means, with respect to the Companies, the book value of the tangible Assets of the Companies less the book value of the liabilities of the Companies determined on a consolidated basis as though the Companies were all part of a consolidated group, based upon the December 31, 2005 balance sheets of each of the Companies, as reviewed by Xxxxxx X. Xxxxx, Certified Public Accountant (review letter dated August 30, 2006), previously delivered to Buyer by Call.

Minimum Net Asset Value shall have the meaning set forth in Section 3.2(a).

Minimum Net Asset Value as of any date, has the meaning specified in the SCHEDULE of Closing Accounting Policies.

Minimum Net Asset Value means the aggregate value of the Assets acquired hereunder less (i) the Assumed Current Liabilities and (ii) the capital lease obligations (net of current portion included in Assumed Current Liabilities) assumed hereunder.