NMV definition

NMV means Net Metal Value.
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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.
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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.
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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.

  • Consignor agrees to abide by Rules set forth in Exhibit B E xhibit A Exhibit B ● Provide Printed 5x7 ‘Brand Story’ & Business Information - (See management for sample if not attached to separate Vendor Guide) This 5x7” print must be provided by Vendor/Consignor at time of inventory drop off/intake and will be framed and displayed by NMV Pop-Local near Vendor products.

  • The failure by NMV Pop-Local to exercise rights granted to NMV Pop-Local herein upon the occurrence of any of the contingencies set forth in this Agreement shall not constitute a waiver of such rights upon the recurrence of such contingency.

  • The Agreement shall not create or be deemed to create any agency, partnership or joint venture between NMV Pop-Local and Consignor.

  • NMV Pop-Local’s retail store will be open to the public 2 days a week (Saturdays 11:00 a.m. - 5:00 p.m. and Sundays 12:00 p.m. - 4:00 p.m.).

  • 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 ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇▇).

  • To the extent permitted by law, NMV Pop-Local disclaims all warranties, express or implied, with respect to the Premises and the services.

Related to NMV

  • EMV or “Estimated Monthly Volume” shall mean the Customer Segment with manual (non-smart metered) registration of approximate monthly volumes.

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • GFR means General Financial Rules

  • SFTR means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • CPD means verifiable continuing professional development, as described in the General Dental Council's publication of April 2000, "Lifelong Learning – Taking Dentistry Forward", and may include attendance at approved postgraduate education courses but does not include any quality improvement activities within the meaning of paragraph 40 of Schedule 1 to the National Health Service (General Dental Services) (Scotland) Regulations 2010 in respect of which he is claiming an allowance in accordance with Determination XI of this Statement;