Valuation and Accounting Clause Samples
Valuation and Accounting. Each investment portfolio of the Fund shall be valued at least monthly, and the value of each Participant's Account shall be determined by reference to the portion of the Participant's Account allocable to each investment portfolio. The valuation of each investment portfolio shall reflect income received and accrued, realized and unrealized gains and losses, and allocable Fund expenses. The value of each Participant's interest in an investment portfolio may be measured in units, shares, or dollars. In addition, the Board shall maintain records showing the value of the Fund investments allocable to all Participants (and deceased Participants) whose entitlement to benefits under the Plan is attributable to employment with each participating Employer.
Valuation and Accounting. (a) The assets of each of the Eligible Investment Company Funds in an Account shall be valued in accordance with its prospectus and/or governing documents and applicable law. The holdings of BrokerageLink in an Account shall likewise be valued in accordance with generally accepted valuation procedures to the extent consistent with applicable law and any prospectus and/or governing document. Generally each Investment Manager of a Separately Managed Account Fund shall value the assets of that Separately Managed Account Fund in good faith in accordance with the best available information, accepted accounting practices, and applicable laws and regulations so as to provide uniform and consistent methods of valuation.
(b) All interest, dividends, and other income accrued during each Valuation Period and any profits realized during each Valuation Period by the Thrift Fund shall be credited to an income account for the Thrift Fund, and certain expenses incurred (in accordance with Section IX of the Trust Agreement) and any losses realized by the Thrift Fund during each Valuation Period shall be debited to that account for the Thrift Fund. As of the end of each Valuation Period, the balance of the account shall be allocated among the Members and Present Interest Beneficiaries in proportion to their balances in the Thrift Fund during the Valuation Period. If the income account shows a net deficit for the Valuation Period, such deficiency shall be provided for to the extent necessary from the Members’ and Present Interest Beneficiaries’ Thrift Fund balance, debits shall be in proportion to their balances during the Valuation Period.
(c) The Royal Dutch Shell Stock Fund shall be valued consistent with the investment management agreement. In the event any such investment management agreement is silent, the Royal Dutch Shell Stock Fund shall be valued as follows: Valuation of RDS ADRs held in the Royal Dutch Shell Stock Fund shall be based upon the closing price of the ordinary shares of RDS ADRs on the principal national domestic securities exchange on which the RDS ADRs are traded or, if unavailable, the latest available price as reported by the principal national domestic securities exchange on which the RDS ADRs are traded or, if neither is available, the price determined in good faith by the investment manager of the Royal Dutch Shell Stock Fund. The net asset value of the Royal Dutch Shell Stock Fund will be calculated by (1) adding the market value of the RDS ADR...
Valuation and Accounting. The transactions contemplated by this Agreement shall be valued at the closing price of Swift's common stock on the New York Stock Exchange on the Closing Date, as published in the Wall Street Journal for New York Stock Exchange Composite Transactions. The transactions contemplated by this Agreement shall be accounted for as a purchase under United States generally accepted accounting principles.
Valuation and Accounting. 6 Section 1.7 Rimu Production Station.........................................................................6 Section 1.8 Taxation........................................................................................6
Valuation and Accounting