NAV Support Agreement definition

NAV Support Agreement means any undertaking, agreement or accommodation that any third party, including the Fund’s Investment Adviser and its affiliated persons, has provided to a Fund that is designed to be relied upon by the Fund to facilitate the maintenance of a stable net asset value or share price, including, without limitation, any arrangement under which the Investment Adviser has arranged for a third party to provide a letter of credit, guarantee or similar undertaking to secure a NAV Support Agreement.
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NAV Support Agreement means any undertaking, agreement or accommodation that any third party, including the Fund’s Investment Adviser and its affiliated persons, has provided to a Fund that is designed to be relied upon by the Fund to facilitate themaintenance of a stable net asset value or share price, including, without limitation, any arrangement under which the Investment Adviser has arranged for a third party to provide a letter of credit, guarantee or similar undertaking to secure a NAV Support Agreement.
Sample 1

Examples of NAV Support Agreement in a sentence

  • To the extent that such person’s obligations are contingent upon the Affected Fund’s disposition of a portfolio security, the Affected Fund, promptly after the Guarantee Event, shall dispose of such portfolio security and demand payments of all amounts due under such NAV Support Agreement.

  • The Investment Company has not approved the amendment, termination or withdrawal of any NAV Support Agreement that has been relied upon by a Fund to facilitate the maintenance of a stable net asset value or share price on or after September 19, 2007, except as disclosed to the Treasury or its designee in writing.

  • If a NAV Support Agreement has been provided to the Fund by an affiliated person (as such term is defined in Section 2(a)(3)(C) of the 1940 Act) of the Investment Adviser that has been relied upon by the Fund on or after September 19, 2007, the Investment Adviser shall use its best efforts to cause such affiliated person to continue to provide such NAV Support Agreement.

  • The Investment Adviser shall not amend, terminate or withdraw any NAV Support Agreement it has provided to a Fund that has been relied upon by such Fund on or after September 19, 2007 without the approval of the Board and unless it is replaced by a new NAV Support Agreement that has been approved by the Treasury or its designee.

  • The Investment Company shall renew or extend any NAV Support Agreement that has been relied upon by a Fund on or after September 19, 2007 that is subject to renewal or extension at the option of such Fund.

  • Upon the occurrence of a Guarantee Event, the Investment Company shall promptly demand payment of all amounts due to the Affected Fund from any person who has agreed to make a capital contribution or other payment to the Affected Fund pursuant to any NAV Support Agreement that is then in effect.

  • The Fund has not approved the amendment, termination or withdrawal of any NAV Support Agreement that has been relied upon by the Fund to facilitate the maintenance of a stable net asset value or share price on or after September 19, 2007, except as disclosed to the Treasury or its designee in writing.

  • In section 6.2, it was shown that the overall requirements written by the partici- pants contained many mistakes.

  • Deconvolution was performed using the Matlab deconv function, with a time step of 0.0246 sec.

  • The Fund shall renew or extend any NAV Support Agreement that has been relied upon by the Fund on or after September 19, 2007 that is subject to renewal or extension at the option of the Fund.

Related to NAV Support Agreement

  • Support Agreement has the meaning set forth in the Recitals.

  • Program Support Agreement means and includes any Liquidity Agreement and any other agreement entered into by any Program Support Provider providing for: (a) the issuance of one or more letters of credit for the account of any Conduit Purchaser, (b) the issuance of one or more surety bonds for which the such Conduit Purchaser is obligated to reimburse the applicable Program Support Provider for any drawings thereunder, (c) the sale by such Conduit Purchaser to any Program Support Provider of the Purchased Interest (or portions thereof) maintained by such Conduit Purchaser and/or (d) the making of loans and/or other extensions of credit to any Conduit Purchaser in connection with such Conduit Purchaser’s securitization program contemplated in this Agreement, together with any letter of credit, surety bond or other instrument issued thereunder.

  • Sponsor Support Agreement has the meaning specified in the Recitals hereto.

  • Support Agreements has the meaning set forth in the Recitals.

  • Plan Support Agreement means that certain Plan Support Agreement, dated as of August 9, 2015 (as amended on September 11, 2015, October 27, 2015, and November 12, 2015, and as may be amended, supplemented, or otherwise modified from time to time in accordance therewith), by and among the Debtors, the Original Plan Sponsors, the TCEH Supporting First Lien Creditors, the TCEH First Lien Agent, the TCEH Supporting Second Lien Creditors, the TCEH Committee, and certain other Entities, including all exhibits and schedules attached thereto.

  • Restructuring Support Agreement means that certain Restructuring Support Agreement, made and entered into as of March 16, 2018, by and among the Debtors, the Consenting Creditors (as defined therein) party thereto from time to time, and the Consenting Sponsors (as defined therein) party thereto from time to time, as such may be amended from time to time in accordance with its terms.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Transaction Support Agreement means that certain Transaction Support Agreement, together with all exhibits, annexes, and schedules thereto, dated as of March 15, 2019, and as amended on April 10, 2019, by and among NMG, Inc. and its subsidiaries, the Consenting Sponsors, an ad hoc committee of holders of 2013 Term Loans, an ad hoc committee of holders of Cash Pay Notes and PIK Toggle Notes, and each of the additional parties who delivered a joinder thereto.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Sponsor Agreement has the meaning specified in the Recitals hereto.

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • Enhancement Agreement means any agreement, instrument or document governing the terms of any Series Enhancement or pursuant to which any Series Enhancement is issued or outstanding.

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Payment Agreement means a written agreement which provides

  • Transaction Agreement has the meaning set forth in the recitals.

  • Netting agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Parent Agreement has the meaning given to it in Clause 12;

  • Standstill Agreement shall have the meaning set forth in Section 6.03.

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • Sponsor Management Agreement means the management agreement between certain of the management companies associated with the Investors and the Issuer.

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Master Transaction Agreement has the meaning set forth in the recitals.