NMV definition

NMV means Net Metal Value.
View Source
NMV means the dollar delta of the long positions minus the absolute dollar delta of the short positions. Unencumbered Cash In the event the Collateral Fund has Unencumbered Cash of less than 15% of the Collateral Fund’s net asset value, the Adjusted Market Value (before any such adjustment) shall be multiplied by a factor equal to (i) the percentage of Unencumbered Cash held by the Collateral Fund divided by (ii) 15%, to give a new Adjusted Market Value. “Unencumbered Cash” means cash held by the Collateral Fund that is free and clear of any encumbrances such as creditor claims or Liens, other than Liens in favor of the custodian or bank that maintains the account in which such assets are held, such Liens to be only in respect of costs, fees, intraday advances to facilitate the settlement of cash equivalent securities and indemnities, in each case related to the maintenance of such account and the assets held therein. For the avoidance of doubt, Unencumbered Cash shall not include cash or Cash Equivalents that are subject to a Lien or creditor claim with respect to extensions of credit by such bank or custodian, its affiliate or other Person (other than intraday advances by the Custodian or any successor or additional cash management custodian to facilitate the settlement of cash equivalent securities) or with respect to costs, fees, indemnities or other liabilities related to any other account or asset of such Person. Allocation Limits If the Collateral Fund's HTV Strategy Allocation is greater than 15%, the Adjusted Market Value (before any such adjustment) of the HTV Strategy Allocation shall be multiplied by a factor equal to (i) 15% divided by (ii) the HTV Strategy Allocation, to give a new Adjusted Market Value.
View Source
NMV means the dollar delta of the long positions minus the absolute dollar delta of the short positions. Unencumbered Cash In the event the Collateral Fund has Unencumbered Cash of less than 15% of the Collateral Fund’s net asset value, the Adjusted Market Value (before any such adjustment) shall be multiplied by a factor equal to (i) the percentage of Unencumbered Cash held by the Collateral Fund divided by (ii) 15%, to give a new Adjusted Market Value. “Unencumbered Cash” means cash held by the Collateral Fund that is free and clear of any encumbrances such as creditor claims or Liens, other than Liens in favor of the custodian or bank that maintains the account in which such assets are held, such Liens to be only in respect of costs, fees, intraday advances to facilitate the settlement of cash equivalent securities and indemnities, in each case related to the maintenance of such account and the assets held therein. For the avoidance of doubt, Unencumbered Cash shall not include cash or Cash Equivalents that are subject to a Lien or creditor claim with respect to extensions of credit by such bank or custodian, its affiliate or other Person (other than intraday advances by the Custodian or any successor or additional cash management custodian to facilitate the settlement of cash equivalent securities) or with respect to costs, fees, indemnities or other liabilities related to any other account or asset of such Person.
View Source

Examples of NMV in a sentence

  • NMV shall be determined by multiplying the number of kilograms of indium held by or for the Company by the last spot price for indium published by Metal Bulletin posted on Bloomberg L.P. for the month, plus cash and any other Company assets, less any and all of the Company’s outstanding payables, indebtedness and any other liabilities, divided by the total number of outstanding common shares.

  • In consideration for providing the services hereunder, the Manager shall receive from the Company, and the Company shall pay to the Manager, regardless of its ability to successfully purchase and stockpile the metal indium, a fee equal to 1/6th of 1% per month of the NMV (2% per annum).

  • PG&E later assumed that the curtailment option would be more valuable for projects in NP-15 than elsewhere, which would imply that the adjustment to NMV for these benefits should be higher for NP-15 projects.

  • PG&E later assumed (described in a later section) that the curtailment option would be more valuable for projects in NP-15 than elsewhere, which seems to imply that the adjustment to NMV for these benefits should be higher for NP-15 projects.

  • Without limiting the foregoing, in the event that the Force Majeure continues for more than ninety (90) days, then Consignor may terminate the Agreement upon thirty (30) days’ written notice to NMV Pop-Local .

  • Without limitation to the foregoing, Consignor/ Vendor, on behalf of Consignor, and Consigno/Vendor's personal representatives, successors, heirs, and assigns, hereby voluntarily agree to release, waive, forever discharge and hold harmless NMV Pop-Local , its other Consignors and employees from any and all liability and all claims, actions, or losses which may arise from the actions of other Consignors or third parties on the Premises.

  • NMV Pop-Local will do its due diligence with theft prevention and damage.

  • After the Initial Month’s paid term, Consignor/Vendor or NMV Pop-Local may terminate this Agreement for the following month of participation without cause upon 14 days written notice before the 1st of the following month (notice must be submitted via email to ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇).

  • Consignor is liable for damage to the Premises caused by Consignor, and authorizes NMV Pop-Local to charge Consignor for repair of any such damage upon notice of the damage to Consignor.

  • Vendor hereby consents to the use and reproduction of any and all photographs and/or video clips taken of Vendor, Vendor products, logo, branding material, in any form whatsoever for use in the brochures, flyers, newsletters, website, social media, newspaper articles, and in any other publications produced for Night Market Vancouver/ NMV Pop-Local.