Opening Asset Value definition
Opening Asset Value means the portion of the Aggregate Asset Value as of October 31, 2011 attributable to a given Administered Contract (by case) as so indicated and set forth next to such Administered Contract (by case) on Schedule 1.01(i).
Examples of Opening Asset Value in a sentence
The Baseline Amount shall not be reduced if, on the Closing Date, Aggregate Closing Asset Value is greater than or equal to 97.5 percent (97.5%) of Aggregate Opening Asset Value.
On the Closing Date, Aggregate Closing Asset Value shall be not less than 88 percent (88%) of Aggregate Opening Asset Value.