Recalculated NAV definition

Recalculated NAV means the net asset value per Unit at which a Unitholder purchase or redemption should have been affected.
View Source
Recalculated NAV has the meaning set forth in Section 3(f).
View Source
Recalculated NAV has the meaning set forth in Section 4(f).
View Source

Examples of Recalculated NAV in a sentence

  • Specifically, USBFS shall reimburse for any net losses during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $0.01 per Share and that, as a percentage of Recalculated NAV (as defined below) of the Funds, is at least ½ of 1%; provided, however, that USBFS shall not be responsible for reimbursing any Shareholder experiencing a loss during any such NAV Error Period of less than $25.

  • Specifically, USBFS shall reimburse for any net losses during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $0.01 per Unit and that, as a percentage of Recalculated NAV (as defined below) of the Funds, is at least ½ of 1%; provided, however, that USBFS shall not be responsible for reimbursing any Unitholder experiencing a loss during any such NAV Error Period of less than $25.

  • Specifically, USBFS shall reimburse for any net losses during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $0.01 per Unit and that, as a percentage of Recalculated NAV (as defined below) of the Fund, is at least ½ of 1%; provided, however, that USBFS shall not be responsible for reimbursing any Unitholder experiencing a loss during any such NAV Error Period of less than $25.

  • FMFS shall reimburse the Fund and each Fund shareholder for any net losses experienced by the Fund or any Fund shareholder, as applicable, during each NAV Error Period resulting from an NAV Difference that is at least $.010 per Fund share and that, as a percentage of Recalculated NAV of such Fund, is at least 1/2 of 1%; provided, however, that FMFS shall not be responsible for reimbursing any Fund shareholder experiencing a loss during any such NAV Error Period of less than $25.

  • FMFS shall reimburse each applicable Fund for any net losses to the Fund during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $.010 per Fund share but that, as a percentage of Recalculated NAV (as defined below) of such Fund, is less than 1/2 of 1%.

  • Specifically, USBFS shall reimburse for any net losses during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $0.01 per Fund Share and that, as a percentage of Recalculated NAV (as defined below) of such Fund, is at least ½ of 1%; provided, however, that USBFS shall not be responsible for reimbursing any Fund Shareholder experiencing a loss during any such NAV Error Period of less than $25.

  • Specifically, USBFS shall reimburse for any net losses during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $0.01 per Share and that, as a percentage of Recalculated NAV (as defined below) of the Funds, is at least ½ of 1%; provided, however, that USBFS shall not be responsible for reimbursing any Unitholder experiencing a loss during any such NAV Error Period of less than $25.

  • An NAV is accurate if, upon recalculation, the change in reported extended class NAV (difference in original NAV and new NAV) is less than a full ▇▇▇▇▇ of the Recalculated NAV and, with respect to Dividend Factors, any revision to previously reported data does not require the Transfer Agent to reprocess shareholder account data.

  • Specifically, USBFS shall reimburse for any net losses during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $0.01 per Unit and that, as a percentage of Recalculated NAV (as defined below) of the Funds, is at least 1/2 of 1%; provided, however, that USBFS shall not be responsible for reimbursing any Unitholder experiencing a loss during any such NAV Error Period of less than $25.

  • Specifically, USBFS shall reimburse for any net losses during each NAV Error Period (as defined below) resulting from an NAV Difference that is at least $0.01 per Share and that, as a percentage of Recalculated NAV (as defined below) of the Fund, is at least ½ of 1%; provided, however, that USBFS shall not be responsible for reimbursing any Shareholder experiencing a loss during any such NAV Error Period of less than $25.