Net Asset Value per Unit definition
Net Asset Value per Unit means the Net Asset Value divided by the number of Units outstanding on the date of calculation.
Net Asset Value per Unit means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.
Net Asset Value per Unit means, in respect of a class of Units, the Net Asset Value of the Fund allocated to the Units of such class, divided by the total number of Units of such class outstanding, on the date on which the calculation is being made.
Examples of Net Asset Value per Unit in a sentence
If a Special Limited Partner elects to receive such distributions in Partnership Units, the Special Limited Partner will receive the number of Partnership Units that results from dividing the Performance Allocation by the Net Asset Value Per Unit of the applicable Class of Partnership Units at the time of such distribution.
More Definitions of Net Asset Value per Unit
Net Asset Value per Unit means the Net Asset Value allocated to capital accounts represented by Units of Limited Partnership Interest of a Class divided by the aggregate number of Units of Limited Partnership Interest of such Class.
Net Asset Value per Unit means the Net Asset Value divided by the total number of Units outstanding on any Valuation Date.
Net Asset Value per Unit is the amount determined from time to time in accordance with Section 3.5 hereof;
Net Asset Value per Unit means, for each Class or Series of Partnership Unit, the net asset value per unit of such Class or Series of Partnership Unit most recently determined in accordance with the Valuation Procedures and in this Agreement.
Net Asset Value per Unit means the net asset value per Unit of the relevant Fund calculated in accordance with the provisions set out under “Calculation of Net Asset Value”;
Net Asset Value per Unit means, in respect of a class of Units, the NAV of the Partnership allocated to the Units of such class divided by the number of Units of such class outstanding at the time the calculation is made, it being assumed that the NAV for each of the NC-A, BC-A, QC-A, NC-F, BC-F and QC-F Units will be different based on the portfolio allocations.
Net Asset Value per Unit means, on a Valuation Day, the quotient obtained by dividing the amount equal to the Net Asset Value on such Valuation Day by the total number of Units, including fractions of Units, then outstanding;