NAV per Share definition

NAV per Share means the value of a Share determined under Section 4.1.

NAV per Share means the Net Asset Value attributable to the Ordinary Shares in issue divided by the number of Ordinary Shares in issue (excluding any Shares held in treasury) at the relevant time and expressed in Sterling;

NAV per Share means with respect to each Class of Shares on a per share basis at the time of determination, the last published net asset value per Share for such Class of Shares at such time.

Examples of NAV per Share in a sentence

• The NAV per share is calculated on an amortized cost basis that provides an NAV per share that approximates fair value.

• STAR Ohio is not registered with the SEC as an investment company, but has adopted Governmental Accounting Standards Board (GASB), Statement No. 79, “Certain External Investment Pools and Pool Participants.” The District measures its investment in STAR Ohio at the net asset value (NAV) per share provided by STAR Ohio.

• In particular, the Administrative Agent functions comprise the calculation of the NAV per share of each sub-fund and/or each share class as applicable, the management of accounts, the preparation of annual and semi-annual reports, and the performance of tasks in its capacity as the Administrative Agent.

• The NAV per share is calculated on an amortized cost basis that provides a NAV per share that approximates fair value.

• Returns are total returns, calculated using the NAV per share of the stated share class, are pre-tax, net of fees and costs (note theanti-dilution levy is not an expense of the fund) and assume the accumulation of net income and capital gains attributable to the relevant share class.

More Definitions of NAV per Share

NAV per Share means, with respect to any given Plan Year, (x) that amount equal to (A) the value of the Company’s Oil and Gas Assets on December 31st of such Plan Year as set forth in the Financial Statements plus (B) the Company’s cash on December 31st of such Plan Year as set forth in the Financial Statements minus (C) the Company’s total long-term debt outstanding on December 31st of such Plan Year as set forth in the Financial Statements divided by (y) the weighted average total number of fully diluted shares of the Company’s common stock issued and outstanding during such Plan Year.

NAV per Share means the Net Asset Value per ordinary share divided by the number of Shares in issue (other than shares held in treasury);

NAV per Share has the meaning provided in Section 2.6(d).

NAV per Share means the Company's NAV divided by the number of the Company's common shares that are issued and outstanding.

NAV per Share equals the most recent quarterly net asset value per Share, as determined by the board of directors of the Company (the “Board”); provided that for any Drawdown Date that occurs prior to the determination of NAV per Share as of the end of the first fiscal quarter during which the Company commences investment operations, the NAV per Share shall be $15.00. However, the NAV Per Share shall be subject to adjustment to the extent required by Section 23 under the Investment Company Act of 1940, as amended (the “1940 Act”). No Investor shall be required to invest more than the total amount of its Capital Commitment.

NAV per Share means the quotient of (i) the NAV for any period divided by (ii) the number of Shares issued and outstanding as of the last day of the same period, determined in accordance with the principles established from time to time by the Board of Directors. As of the date hereof, the principles for determination of the NAV Per Share are set forth in the offering circular for the Corporation; from and after the date hereof, the Board of Directors may from time to time update or amend such principles for determination of the NAV Per Share as it determines to be appropriate.

NAV per Share means the Net Asset Value per Ordinary share of the Company and is expressed in pence;