Valuation Policy definition

Valuation Policy means the Borrower’s valuation policy, as the same may be amended, supplemented, waived, or otherwise modified from time to time consistent with industry practice for business development companies and in a manner not prohibited by this Agreement.

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Valuation Policy has the meaning assigned to such term in Section 5.12(b)(ii)(B).

Valuation Policy means the Investment Manager’s valuation policy and procedures, as may be amended from time to time.

Examples of Valuation Policy in a sentence

• The Borrower will not (a) amend, modify, supplement or waive in any material respect the Valuation Policy (other than any amendment, modification, supplement or waiver (w) required under GAAP, (x) required by any applicable law, rule or regulation or Governmental Authority, or (y) when taken as a whole is not materially adverse to the Lenders when compared to its Valuation Policy in effect as of the Effective Date) or (b) fail to comply with the Valuation Policy in any material respect.

• The Borrower shall promptly advise the Lenders and the Administrative Agent of any material change in either its Investment Policies or Valuation Policy.

• The Borrower shall at all times be in compliance in all material respects with its Investment Policies (after giving effect to any Permitted Policy Amendments) and Valuation Policy.

More Definitions of Valuation Policy

Valuation Policy means the valuation policy adopted by the valuation committee of the board of directors of the General Partner, as amended from time to time.

Valuation Policy. As defined in the Compliance Rules. Warrant Percentage: As defined in Schedule A. Watchlist: As defined in the Compliance Rules.

Valuation Policy means the Borrower’s valuation policy as in existence on the Restatement Effective Date and delivered to the Administrative Agent prior to the Restatement Effective Date, as may be amended or modified from time to time in a manner consistent with standard industry practice by a Permitted Policy Amendment.

Valuation Policy means the Borrower’s valuation policy as in existence on the Amendment No. 1 Effective Date and delivered to the Administrative Agent prior to the Amendment No. 1 Effective Date, as may be amended or modified from time to time in a manner consistent with standard industry practice by a Permitted Policy Amendment.

Valuation Policy means the policy adopted by the Portfolio Manager for valuing the assets of the Portfolio of the Client delineated in Schedule VI of this Agreement. The Portfolio Manager reserves the right to revise the provisions of the Valuation Policy from time to time as it deems necessary.

Valuation Policy means Borrower’s internally-set valuation policy for Portfolio Companies, disclosed to Borrower’s limited partners and Administrative Agent prior to the Closing Date and attached hereto as Schedule 6, which shall be consistent with GAAP, as may be amended, restated, supplemented, or otherwise modified from time to time in accordance with Section 7.11.

Valuation Policy means the policy of the Manager, as described under the heading "Calculation of Book Value - Valuation Policy".