NAV Valuation Date definition

NAV Valuation Date means, at a minimum, Thursday of each week, or if any Thursday is not a business day, the immediately preceding business day, and includes any other date on which the Manager elects, in its discretion, to calculate the NAV per Unit.
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NAV Valuation Date means each business day on which the Net Asset Value per Unit is calculated.
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NAV Valuation Date means the first date on which the Company determines its net asset value, not later than 150 days following the second anniversary of the date that the Company satisfies the minimum offering requirement.
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Examples of NAV Valuation Date in a sentence

  • If a NAV Valuation Date is not a business day, then the securities comprising the Company’s property will be valued as if such NAV Valuation Date were the preceding business day.

  • Prior to the Wind-Down Period, upon the breach of the Investment Restrictions on any NAV Valuation Date, Sale Proceeds pertaining to the relevant Portfolio from the sale of any Credit Asset may be reinvested by the Investment Manager provided that the relevant thresholds pertaining to the Investment Restrictions of the relevant Portfolio are maintained or improved immediately after such reinvestment.

  • In the event that, at any time, the Investment Restrictions are not met, then the Issuer shall only purchase further Credit Assets to the extent that such purchase causes the relevant thresholds and amounts pertaining to the Investment Restrictions on any NAV Valuation Date to be maintained or improved.

  • Please note the following points:✓ The Receiving sub-funds will be activated by the Transfers.The mergers will have no impact for the shareholders of the corresponding Transferred Sub-fund of BNP Paribas L1.✓ First orders into the Receiving sub-funds will be accepted at the First NAV Valuation Date mentioned in the initial above calendar table.

  • Orders received on the merging sub-fund after this date will be rejected.Shareholders of the Merging and Receiving sub-funds who do not accept the merger may instruct redemption of their shares free of charge until this date .• First NAV Valuation Date – Date of valuation of the underlying assets for the calculation of the first NAV post-merger.• First NAV calculation Date – Date at which the first NAV post-merger (with merged portfolios) will be calculated.

  • Investment Restrictions: The Investment Manager will ensure that the Portfolio complieswith the Investment Restrictions on each NAV Valuation Date but for the avoidance of doubt, in the event that the Portfolio does not meet the Investment Restrictions on any NAV Valuation Date, such will not constitute an Event of Default pursuant to the Issue Deed unless such non-compliance continues unremedied for two (2) consecutive months.

  • Redemption Requests received after the Redemption Request Due Date will be processed on the following NAV Valuation Date.


More Definitions of NAV Valuation Date

NAV Valuation Date means, subject to Condition 7(d)(iv), the twenty-fifth (25th) day of each calendar month commencing in October 2009 provided that, if any relevant NAV Valuation Date would otherwise fall on a non-Business Day, it shall be the immediately following Business Day, unless that date would fall in the following calendar month, in which instance it shall be the immediately preceding Business Day .
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NAV Valuation Date means the Business Day upon which the NAV of the Portfolio and/or any Note is calculated as set out in the relevant Issue Deed.
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Related to NAV Valuation Date

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • ST Valuation Date means the Redemption Valuation Date.

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • SPS Valuation Date means the SPS FR Barrier Valuation Date or the Strike Date, as applicable.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Coupon Valuation Date means the 30th of March, June, September and December of each calendar year during the term of the Securities, commencing September 30, 2010, or if such date is not an Index Business Day, then the first Index Business Day following such date, provided that the final Coupon Valuation Date will be the Calculation Date, subject to adjustment as provided under Section 3 hereof.

  • Auto-Call Valuation Date means, in respect of an Index and subject to the Adjustment Provisions, each day specified as such in the definition of Auto-Call Trigger Level, or if any such day is not a Scheduled Trading Day for such Index, the next following Scheduled Trading Day in respect of such Index.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Exercise Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Exercise Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non-waivable by either the Issuer or the Holder.

  • SPS Redemption Valuation Date means the Settlement Price Date.

  • Non-Disrupted Valuation Date means a Valuation Date which is not a "Disrupted Day". “Normal Exposure” means a +1x exposure to the Reference Asset.

  • Merger Valuation Period for any Merger Event means the five consecutive Trading Day period immediately preceding, but excluding, the effective date for such Merger Event.

  • Valuation Date means the date of receipt by the General Partner of a Notice of Redemption or, if such date is not a Business Day, the first Business Day thereafter.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Excess valuation assets for a valuation period means, with

  • Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day before the Valuation Date or date of calculation, as applicable, provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.

  • Valuation Business Day means, with respect to each Reference Currency, any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close (including for dealings in foreign exchange in accordance with the practice of the foreign exchange market) in the city or jurisdiction indicated in the table below:

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.