Valuation Advisor definition
Examples of Valuation Advisor in a sentence
The Independent Valuation Advisor and its affiliates may from time to time in the future perform other commercial and financial advisory services for other funds managed by the Operating Manager and its Affiliates, so long as such other services do not adversely affect the independence of the Independent Valuation Advisor as certified in the applicable appraisal report.
The Operating Manager, pursuant to the policies adopted by the Board of Directors, is responsible for making fair value determinations, evaluating the effectiveness of the Company’s and the Series’ valuation policies and coordinating with the Independent Valuation Advisor, overseeing the calculation of the NAV per Share for each Type of Shares and reporting to the Board of Directors.
The Independent Valuation Advisor will assist the Operating Manager in determining the estimated values of the Company’s and each Series’ asset-backed finance assets and the Administrative Agent will use the estimated values provided as well as inputs from other sources in its monthly calculation of NAV per Share.
The determination of Option Value for Out-of-the-Money Options by the Valuation Advisor will be final and binding absent manifest error.
The Asset Management Fees will be paid, if earned, within 15 Business Days of the annual approval by the Board, including a majority of the Independent Directors, of the NAV as of the last day of the calendar year following the Independent Valuation Advisor providing confirmation of the reasonableness of the calculated NAV.
The fees and expenses of the Valuation Advisor will be paid by the Company.
The Independent Valuation Advisor will assist the Operating Manager in determining the estimated values of the Company’s and each Series’ infrastructure assets and the Administrative Agent will use the estimated values provided as well as inputs from other sources in its monthly calculation of NAV per Share.
The Allocation Statement of the Valuation Advisor will be binding on all parties.