Examples of Per Share NAV in a sentence

For the avoidance of doubt, the final determination of NAV and Per Share NAV shall be the sole responsibility of the Company and the Board.
The Independent Valuation Firm has determined the reasonable range of Per Share NAV by the Effective Date.
The Per Share NAV as determined by the Board and the Independent Valuation Firm’s opinion as to a reasonable range of Per Share NAV will be reported in the SEC Disclosure Documents filed with the Commission and in the Annual Report sent to investors with sufficient narrative disclosure to meet FINRA regulatory requirements and in a clear and concise manner so as to be understood by the average investor.
The NAV and Per Share NAV will be determined by the Board in a manner consistent with the definition of fair value under generally accepted accounting principles of the Financial Accounting Standards Board, primarily as set forth in ASC 820, and the International Accounting Standards Board (as applicable), and consistent with the methodology set forth in Exhibit D.
In each year between independent valuations, the Board shall provide a Per Share NAV, which is reviewed and confirmed as within a reasonable range by the Independent Valuation Firm (each an “Interim Valuation”).

More Definitions of Per Share NAV

Per Share NAV means, for any Capital Drawdown Date or Catch-Up Date (as defined below), the Per Share NAV determined in accordance with the procedures set out in “II.

Per Share NAV means, for any date, the net asset value per share of common stock determined in accordance with the procedures set forth in the Disclosure Package (as those procedures may be changed from time to time in a manner consistent with the limitations of the 1940 Act) as of the last day of the Company’s fiscal quarter immediately preceding such date.

Per Share NAV means, for any Subsequent Closing Date, the net asset value per Share, as determined by the Fund’s Board of Directors (including any committee of the Board of Directors), as of the end of the most recent fiscal quarter prior to such Subsequent Closing Date; provided, however, in the event that the Per Share NAV is less than zero as of a Subsequent Closing Date, then solely for the purpose of such Subsequent Closing Date, the Per Share NAV shall be deemed to equal $15.00.

Per Share NAV means, for any Capital Drawdown Date or Catch-Up Date (as defined below), the net asset value per Share, as determined within two (2) Business Days (as defined below) of the date of the Funding Notice (as defined below).

Per Share NAV means, for any Capital Drawdown Date or Catch-Up Date (as defined below), the Per Share NAV determined in accordance with the procedures set out in “II. Summary of Principal Terms—Valuation of Assets; Independent Valuation Firm” and “Appendix A—Certain Investment Considerations—Valuation of Portfolio Securities” in the Memorandum (as those procedures may be changed from time to time in a manner consistent with the limitations of the 1940 Act (as defined below)) as of the last day of the Company’s fiscal quarter immediately preceding the Capital Drawdown Date; provided, however, in the event that the Per Share NAV is less than zero as of the first Capital Drawdown Date that occurs immediately following the Initial Closing Date (as defined below), then solely for the purpose of such Capital Drawdown Date, the Per Share NAV shall be deemed to equal one thousand dollars ($1,000).

Per Share NAV means, as of the last day of any Measurement Period, the per share of NAV as of such day approved and established by the board of directors of CCIT III as described in, and determined in accordance with valuation methodology contained in, the corresponding report filed by CCIT III with the SEC.

Per Share NAV means, for any Capital Drawdown Date, the then-most recently determined net asset value per Share, as determined by the Company’s Board of Directors (including any committee of the Board of Directors, the “Board”), prior to the date of the Funding Notice (as defined below).