Common use of Determining the carry forward Clause in Contracts

Determining the carry forward. In relation to each Wash-up Disposed Asset, an amount equal to “CF” calculated in accordance with the following formula shall be added (as a positive number) to the calculation of the “Residual Negative Fee Amount” for the next International Portfolio Valuation Date in accordance with clause 9.4A.4: CF = AV - PRO - PL - PIO - PAO.

Appears in 1 contract

Sources: Management Agreement

Determining the carry forward. In relation to each Wash-up Disposed Asset, an amount equal to “CF” calculated in accordance with the following formula shall be added (as a positive number) to the calculation of the “Residual Negative Fee Amount” for the next International Portfolio Valuation Date in accordance with clause 9.4A.4: CF = AV - PRO - PL - PIO - PAO.:

Appears in 1 contract

Sources: Management Agreement