Net Asset Value

Net Asset Value. Shall mean the Book Value of all the assets of the Company minus all the liabilities of the Company.

Net Asset Value. Means (A) 110% of the following amount: (1) the net equity ownership in the proved reserves of the Company, calculated using the average of the three-year strip price for the 120 days prior to the Put Date (NYMEX less applicable differentials) at a 10% discount rate and reflecting any increase or decrease resulting from hedges in place, plus (2) the proved reserves not included within the terms of the preceding clause (1), calculated as in clause (1), attributable... to the Company's net equity interest in any corporation, partnership, limited liability company or other entity (including the Company's net equity interest in proved reserves resulting from any promoted interest, back-in after payout or other carried or increasing interest in such entities) as of the Put Date; less (B) the funded debt, including bank debt and senior and subordinated debt securities issued pursuant to indentures of the Company, as of the Put Date; and less (C) such funded debt attributable to the Company's net equity interest in each corporation, partnership, limited liability company or other entity referred to in clause (A)(1), as of the Put Date. In no event shall "Net Asset Value" include the value of public securities, purchased by the Company in the open market, of issuers in which the Company has no control or board representation. For purposes of valuing the proved reserves of the Company, such proved reserves shall be determined at the sole discretion of the Board of Directors. View More

Net Asset Value. Means (A) 110% of the following amount: (1) the net equity ownership in the proved reserves of the Company, calculated using the average of the three-year strip price for the 120 days prior to the Put Date (NYMEX less applicable differentials) at a 10% discount rate and reflecting any increase or decrease resulting from hedges in place, plus (2) the proved reserves not included within the terms of the preceding clause (1), calculated as in clause (1), attributable... to the Company's net equity interest in any corporation, partnership, limited liability company or other entity (including the Company's net equity interest in proved reserves resulting from any promoted interest, back-in after payout or other carried or increasing interest in such entities) as of the Put Date; less (B) the funded debt, including bank debt and senior and subordinated debt securities issued pursuant to indentures of the Company, as of the Put Date; and less (C) such funded debt attributable to the Company's net equity interest in each corporation, partnership, limited liability company or other entity referred to in clause (A)(1), as of the Put Date. In no event shall "Net Asset Value" include the value of public securities, purchased by the Company in the open market, of issuers in which the Company has no control or board representation. For purposes of valuing the proved reserves of the Company, such proved reserves shall be determined at the sole discretion of the Board of Directors (the"First Valuation"); provided, however, that, if the First Valuation is not acceptable to Officer, he may request a second valuation to be performed at his cost by a third party, independent engineering firm (the "Second Valuation"); provided further, if the Second Valuation is not acceptable to the Company, the Officer and the Company shall select another third party firm to perform a final valuation (the "Final Valuation") and the cost of the Final Valuation shall be shared equally by the Company and the Officer. If the Final Valuation exceeds the Second Valuation, the Second Valuation shall be used in determining Net Asset Value. If the First Valuation exceeds the Final Valuation, the First Valuation shall be used in determining Net Asset Value. If the Final Valuation is between the First Valuation and the Second Valuation, an average of all three shall be used in determining Net Asset Value. View More

Net Asset Value. Shall mean the per share value of the Trust, calculated in the manner described in the Trust's Offering Materials.

Net Asset Value. The difference between the Net Book Value of the Delayed Ex-U.S. Commercial Assets and the Book Value of the Delayed Ex-U.S. Commercial Liabilities held by Distributor as of a particular date.

Net Asset Value. Means the net asset value of a Share, as determined by the Company for purposes of the Exchange Act and the Investment Company Act

Net Asset Value. The meaning given such term in the Loan Agreement

Net Asset Value. Debtor's total assets, excluding all intangible assets, less Debtor's total liabilities, which, in accordance with generally accepted accounting principles, would be required to be reflected on a balance sheet of Debtor

Net Asset Value. The excess of (i) the aggregate of the Adjusted Cost over (ii) the aggregate outstanding debt of the Company and the Partnership (excluding debt borrowed for purposes other than acquiring or refinancing Properties).

Net Asset Value. The per share value of a Fund, calculated in the manner described in a Fund's Offering Materials and its applicable pricing policy