Common use of Account Valuation Clause in Contracts

Account Valuation. For the purposes of computing the Fees, or for any other reason, the market value of the Client Account (the "Client Account Value") shall be determined by the market value of the securities in the Client Account as quoted on the National Securities Exchange as of the date of valuation based upon the closing price of each security on the principle exchange on which they are traded, plus cash, accrued interest, accrued dividends and any other assets in the Client Account. Any other securities or investments in the Client Account shall be valued at fair market value.

Account Valuation. For the purposes of computing the Fees, or for any other reason, the market value of the Client Account (the "Client Account Value") shall be determined by the market value of the securities in the Client Account as quoted on provided by the National Securities Exchange as of the date of valuation Custodian based upon the closing price of each security on the principle exchange on which they are traded, plus cash, accrued interest, accrued dividends and any other assets in the Client Account. Any other securities or investments in the Client Account shall be valued at fair market value.