NAV Deviation

NAV Deviation. Means the deviation, if any, of the Fund's current net asset value per share calculated using available market quotations (or an appropriate substitute that reflects current market conditions) below the Fund's price per share for purposes of distribution, redemption and repurchase of its shares calculated using the Amortized Cost Method. The NAV Deviation shall be calculated in accordance with procedures adopted by the Fund's Board in compliance with Rule 2a-7(c)(7)(ii)(A), except that, for... purposes of calculating the Required Contribution Amount, it shall exclude any account receivable or other asset representing the Support Provider's obligations under this Agreement. View More