High Water Xxxx means a value that initially equals the greater of (i) the amount invested in the Managed Account, and (ii) the Net Asset Value of such Managed Account as of the end of any calendar month, after reduction for the Incentive Fee and Management Fee then due. The High Water Xxxx is proportionately reduced when capital is redeemed from the Managed Account and proportionately increased when capital is allocated to the Managed Account.
High Water Xxxx means the Market value of the Client’s Assets at the date of determination of the last Net Adjusted Profit except that, if there have been no Net Adjusted Profit on the Client’s Assets from the date of the initial investment, then the High Water Xxxx shall instead be the Market value of the Client’s Assets at the date of the initial investment.
High Water Xxxx means, as of any Calculation Date, the highest positive amount of the Company’s Cumulative Gains and Losses as of such Calculation Date that were calculated in connection with any Qualifying Trigger Event that occurred prior to such Calculation Date.
Examples of High Water Xxxx in a sentence
The High Water Xxxx is the maximum space in billable gigabytes utilized across all active Customer backups during the course of a calendar month.
The Rate Period High Water Xxxx (RHWM) as calculated in section 4.2.1 of the Tiered Rates Methodology plus the resource amounts used in calculating a cus- tomer’s Contract High Water Xxxx (CHWM).
Id. In order for 14 percent of the RECs and Carbon Credits to be transferred to the IOUs, COU parties to the Settlement agree to replace the current Exhibit H of their Contract High Water Xxxx (CHWM) contracts with the revised Exhibit H in the Settlement.
On the last day of the Fiscal Year (§ 1.7), or on a Withdrawal or Redemption, the Graduated 10% Hurdle Rate (§ 3.10) is applied to the annualized Performance of the Limited Partner (§ 6.13) minus the High Water Xxxx and Management Fee.
Project Study Area 70 35 0 70 Feet Contractor: Project Name: Mt Eden Road Shoulder Stabilization Calabazas Creek Post-construction low-flow Creek Channel Settling Pool Bank Stabilization Mount Eden Rd Construction Staging Legend Project Study Area Top of Bank Ordinary High Water Xxxx Xxxxxx of the State Aquatic Riverine Coast Live Oak Riparian Woodland Impacts Temporary Impacts Permanent Impacts N:\Projects4400\4428-01\Reports\RWQCB 401 WQC\Fig 3 Impacts to 401 Jurisdiction.mxd Figure 3.
More Definitions of High Water Xxxx
High Water Xxxx means the highest closing price reported in THE WALL STREET JOURNAL for the common stock for the period commencing on January 1, 1997 and ending on the Quarter Closing Date. "Market Price" shall mean the closing price as reported in THE WALL STREET JOURNAL for the common stock for the trading day immediately preceding the date of exercise.
High Water Xxxx means, with respect to any Person as of any specified date, the largest combined LLC Interest and Derivative Share attributable to the Person and its Permitted Transferees, including the LLC Interests underlying all vested "in-the-money" options to purchase LLC Interests held by such Person and its Permitted Transferees, at anyone time during the period beginning on the date hereof and ending on the specified date.
High Water Xxxx means value of the highest Closing NAV achieved by the Portfolio in any year during the subsistence of this Agreement (inclusive of any additional funds placed by the Client in that year) and net of (i) the Portfolio Management Fees and (ii) any withdrawals, if any, made by the Client in accordance with this Agreement, for that year. Provided that in no event shall the High Water Xxxx be reckoned to be less than the Starting NAV as on the date of activation of account.
High Water Xxxx attributable to a BlackRock Vehicle’s Account shall be equal to the value of such BlackRock Vehicle’s Account (for the avoidance of doubt, after reduction for the Incentive Fee then paid), as of the immediately preceding Incentive Fee Calculation Date as of which an Incentive Fee was charged to such Account (or, for the year in which such BlackRock Vehicle Account was established, the date that the BlackRock Vehicle’s Account was established). The High Water Xxxx attributable to a BlackRock Vehicle’s Account shall subsequent to such date be increased dollar-for-dollar by any capital allocated to the Company by such BlackRock Vehicle and decreased proportionately when capital is reallocated away from the Company (other than to pay expenses) by such BlackRock Vehicle. The amount of the High Water Xxxx after giving effect to the proportionate reduction made as a result of a reallocation shall be calculated by multiplying the High Water Xxxx of such BlackRock Vehicle’s Account in effect immediately prior to such reallocation by a fraction the numerator of which is the value of such BlackRock Vehicle’s Account immediately following such reallocation and the denominator of which is the value of such BlackRock Vehicle’s Account immediately before such reallocation.
High Water Xxxx means the height of the waters at Yorkeys Knob at the mean of ordinary spring high tides, as published in Queensland Tide Tables and defined therein.
High Water Xxxx. A separate High Water Xxxx shall be calculated for each Tranche. The High Water Xxxx for the first Calculation Period of each Tranche established in respect of Managed Assets shall be equal to the amount of the contribution pertaining to such Tranche. For each subsequent Calculation Period, the High Water Xxxx for each Tranche shall be determined as follows: (i) if a Performance Based Fee was paid in respect of a Tranche for a Calculation Period, the High Water Xxxx for the immediately succeeding Calculation Period shall be equal to the Opening Balance of the Net Asset Value Memorandum Account for such Tranche for such succeeding Calculation Period; and (ii) if no Performance Based Fee was paid in respect of a Tranche for a Calculation Period, the High Water Xxxx shall remain at its prior level for the immediately succeeding Calculation Period. In the event of a withdrawal of a portion of a Tranche (i) on a date other than December 31, the High Water Xxxx in respect of the remaining Managed Assets in such Tranche for the Calculation Period in which the withdrawal occurred shall be adjusted, or (ii) on December 31, if no Performance Based Fee was paid in respect of the Tranche from which the assets were withdrawn, the High Water Xxxx in respect of such Tranche for the Calculation Period immediately following the Calculation Period in which the withdrawal occurred shall be determined, in each case, by multiplying the High Water Xxxx then in effect by (a) one (1), minus (b) a fraction, the numerator of which is the dollar amount withdrawn and the denominator of which is the net asset value of the Managed Assets attributable to that Tranche on the date of, but prior to, the withdrawal.
High Water Xxxx. High Water Xxxx is a memorandum account, the opening balance of which shall equal the net asset value of the Managed Account at account inception. At the end of each Performance Based Fee calculation period, the High Water Xxxx will equal the opening balance compounded by the return of the MSCI Emerging Markets Index (net) since the inception of the Managed Account or since the last cash flow, if applicable. At the time of a Fund cash flow, the High Water Xxxx shall be determined and increased to reflect additional assets contributed to the Managed Account or reduced pro-rata (in proportion to the net asset value of the Managed Account on the date of withdrawal) to reflect a partial withdrawal of assets from the Managed Account (exclusive of withdrawals made to pay the Investment Management Fee), which High Water Xxxx shall thereafter become the new opening balance.