Asset Value Date definition

Asset Value Date means 31 December 2019.
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Examples of Asset Value Date in a sentence

  • Buyers and its independent public accountants ("BUYERS' AUDITOR") will have 30 days from the date on which the Audited Balance Sheet as of the Net Asset Value Date and the Adjustment Certificate are delivered to Buyers to review such documents (the "REVIEW PERIOD").

  • The Pro Forma Financial Statements as of the Net Asset Value Date will be prepared in accordance with GAAP (subject to the exclusion of the Retained Assets and Excluded Liabilities and the omission of footnote information and a statement of cash flows) and in a manner that is consistent with the principles used to prepare the Audited Financial Statements and presentation set forth in the March 31, 2000 Pro Forma Balance Sheet.

  • Any post-Closing adjustments to the Purchase Price will occur no later than 120 days following the Net Asset Value Date (or if later ten Trading Days after the final resolution of any dispute over the adjustment).

  • USA Group shall no later than 90 days following the Net Asset Value Date (or 105 days following the Net Asset Value Date in the event the Net Asset Value Date is September 30, 2000) cause an audit to be completed of (1) the combined balance sheet of Group and its subsidiaries excluding Funds and SMS Hawaii as of the Net Asset Value Date (the "AUDITED BALANCE SHEET") and (2) the Net Asset Value as of the Net Asset Value Date, in each case by Ernst & Young LLP ("SELLERS' AUDITOR").

  • Any post-Closing adjustments to Retained Cash will occur no later than 120 days following the Net Asset Value Date (or if later ten Trading Days after the final resolution of any dispute over the adjustment).

  • If no Dispute Notice is received by Sellers on or prior to the last day of the Review Period, the Audited Balance Sheet as of the Net Asset Value Date, Adjusted Net Asset Value and the Adjustment Certificate shall be deemed accepted by Buyers.

  • The Adjustment Report shall set forth, in reasonable detail, the Accountant's determination with respect to each of the disputed items or amounts specified in the Dispute Notice, and the revisions, if any, to be made to the Audited Balance Sheet as of the Net Asset Value Date, together with supporting calculations.

  • Sellers' Auditor will deliver to Buyers (i) the Audited Balance Sheet as of the Net Asset Value Date, (ii) a statement which calculates Adjusted Net Asset Value, and (iii) an auditor's certificate certifying the Audited Balance Sheet and Adjusted Net Asset Value as of the Net Asset Value Date and setting forth the Adjusted Net Asset Value, together with supporting calculations in reasonable detail and audit papers (the "ADJUSTMENT Certificate").

  • If notwithstanding the other provisions of this Agreement (including, without limitation, Section 12.06) the laws of jurisdictions other than the State of Delaware (each being referred to below as “such jurisdiction”) apply to the administration of the Trust or the Trust Estate under this Agreement, the following provisions shall apply.

Related to Asset Value Date

  • Asset Value has the meaning assigned to such term in the Pricing Side Letter.

  • Value Date means a reference time used by a payment service provider for the calculation of interest on the funds debited from or credited to a payment account;

  • Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.

  • Total Asset Value means as of any date of determination the sum (without duplication) of all of the following of the Borrower, the REIT Guarantor and their Subsidiaries on a consolidated basis determined in accordance with GAAP applied on a consistent basis: (a) cash and Cash Equivalents, plus (b) with respect to each Property (other than Development Properties, the Market Square Property and Properties with a negative Net Operating Income) owned for four (4) consecutive fiscal quarters by the Borrower, the REIT Guarantor or any of their respective Subsidiaries, the quotient of (i) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (ii) the applicable Capitalization Rate, plus (c) with respect to each Property acquired during the most recent four (4) fiscal quarters of the Borrower, the greater of (i) the quotient of (A) Net Operating Income less Capital Reserves attributable to such Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the applicable Capitalization Rate, and (ii) the undepreciated GAAP book value (after taking into account any impairments) of such Property, plus (d) with respect to the Market Square Property, the greater of (1) the quotient of (A) Net Operating Income less Capital Reserves attributable to the Market Square Property (without regard to its occupancy) for the prior fiscal quarter of the Borrower most recently ended times four (4), divided by (B) the Capitalization Rate for CBD or Urban Infill Properties, and (2) the undepreciated GAAP book value (after taking into account any impairments) of the Market Square Property, plus (e) the undepreciated GAAP book value (after taking into account any impairments) for Construction-In-Process for Development Properties, plus (f) the undepreciated GAAP book value (after taking into account any impairments) of Unimproved Land. The Borrower’s pro rata share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a)) will be included in Total Asset Value calculations consistent with the above described treatment for wholly owned assets. For purposes of determining Total Asset Value, Net Operating Income from Properties acquired or disposed of by the Borrower, any Subsidiary of the Borrower or any Unconsolidated Affiliate during the immediately preceding four (4) fiscal quarters of the Borrower shall be excluded from clause (b) above. For purposes of determining Total Asset Value, Total Asset Value attributable to the following investments in excess of the limitations set forth below shall be excluded from Total Asset Value:

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the