Asset Valuation definition
Examples of Asset Valuation in a sentence
You will be able to see within the Plum App how many Shares Plum bought or sold for you each day after the publication of the Net Asset Valuation.
With respect to Portfolio Investments for which market quotations are not readily available (“Unquoted Investments”), the Borrower shall value such Portfolio Investments quarterly in a manner consistent with its “Net Asset Valuation Policy” (the “Valuation Policy”), including valuation of at least 35% by value of all Unquoted Investments using the assistance of an Approved Third Party Appraiser.
Following receipt of a notice of objection pursuant to the first sentence of this Section 5.03(d), the parties shall attempt in good faith to resolve such disagreement for a period of two (2) Business Days in the case of a dispute related to an Asset Valuation Report or a period of thirty (30) days in the case of a dispute related to a Monthly Required Balance Report or Monthly Settlement Report.
In preparing the Asset Valuation Report, the Reinsurer shall use commercially reasonable efforts to supply the current data used to prepare such report.
If such current data cannot be supplied with the report, the Reinsurer shall produce best estimates, with any data supplied as a “best estimate” appropriately labeled or identified, and shall use commercially reasonable efforts to provide an amended Asset Valuation Report based on current data no more than ten (10) Business Days after such report was originally due.
The Initial Lender shall have received a certificate executed by a Responsible Officer of the Parent (the “Asset Valuation Certification”) certifying that, as of the Closing Date, the information included in the schedule to the Asset Valuation Certification delivered by the Parent to the Initial Lender is true and correct in all respects.
In the event of any discrepancy among the Parties with respect to the Closing Date Asset Valuation that is unable to be amicably reconciled, then such discrepancy shall be addressed in accordance with Section 2.10.
The Citadel Asset Valuation shall also be adjusted for changes in the principal amount of any indebtedness to be assumed by Reading Entertainment between the Valuation Date and the Closing Date; provided however, that in the event Reading Entertainment refinances any such debt at the Closing, the Citadel Asset Valuation shall be determined immediately prior to the repayment or refinance of such debt.
At the Closing, all assumed liabilities, accrued but unpaid expenses (including accrued interest) and prepaid expenses relating to the Citadel Assets shall be apportioned between Reading Entertainment and Citadel in accordance with generally accepted accounting principles ("GAAP") as of the close of business on the ---- Closing Date and the Citadel Asset Valuation shall be adjusted accordingly.
Such determination by the Third Appraisers shall be binding upon Citadel and Reading Entertainment and the valuations affirmed by the Third Appraisers shall be the Citadel Asset Valuation and After Acquired Asset Valuation.