Required Capital Contribution

Example Definitions of "Required Capital Contribution"
Required Capital Contribution. Means for the Fund on the date of any Contribution Event, a Capital Contribution in an amount sufficient for the Fund to maintain its net asset value per unit at no less than the Minimum Permissible NAV, after giving effect to the Contribution Event and all payments received by the Fund in respect of the Eligible Notes. The net asset value for purposes of calculating the amount of Required Capital Contribution shall exclude any account receivable or other asset representing the Support... Provider's obligations under this Agreement. Minimum Permissible NAV means such minimum NAV as determined by NTI will meet the requirements of the OCC Regulations with respect to valuation of the Fund pursuant to the Amortized Cost Method. View More
Found in Northern Trust Corp. contract
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Required Capital Contribution. Means for the Fund on the date of any Contribution Event, a Capital Contribution in an amount sufficient for the Fund to maintain its net asset value per unit at no less than the Minimum Permissible NAV, after giving effect to the Contribution Event and all payments received by the Fund in respect of the Eligible Notes. Impaired Assets. The net asset value for purposes of calculating the amount of Required Capital Contribution shall exclude any account receivable or other asset representing the... Support Provider's obligations under this Agreement. Minimum Permissible NAV means the greater of (i) such minimum NAV net asset value as determined by NTI TNT will meet the requirements of the OCC Regulations with respect to valuation of the Fund pursuant to the Amortized Cost Method. Method or (ii) $0.9990/unit. View More
Found in Northern Trust Corp. contract
Required Capital Contribution. Means for the Fund on the date of any Contribution Event, a Capital Contribution in an amount sufficient for the Fund to maintain its net asset value per unit at no less than the Minimum Permissible NAV, after giving effect to the Contribution Event and all payments received by the Fund in respect of the Eligible Notes. Impaired Assets. The net asset value for purposes of calculating the amount of Required Capital Contribution shall exclude any account receivable or other asset representing the... Support Provider's obligations under this Agreement. Minimum Permissible NAV means the greater of (i) such minimum NAV net asset value as determined by NTI will meet the requirements of the OCC Regulations with respect to valuation of the Fund pursuant to the Amortized Cost Method. Method or (ii) $0.9990/unit. View More
Found in Northern Trust Corp. contract
Required Capital Contribution. Means for the Fund on the date of any Contribution Event, a Capital Contribution in an amount sufficient for the Fund to maintain its net asset value per unit share at no less than the Minimum Permissible NAV, after giving effect to the Contribution Event and all payments received by the Fund in respect of the Eligible Notes. The net asset value for purposes of calculating the amount of Required Capital Contribution shall exclude any account receivable or other asset representing the Support... Provider's obligations under this Agreement. Minimum Permissible NAV means such minimum NAV $0.9975 for so long as determined by NTI will meet the requirements of the OCC Regulations with respect to valuation of the Fund pursuant to is rated by Standard & Poor's, and $0.995 if the Amortized Cost Method. Fund is not rated by Standard & Poor's. View More
Found in Northern Trust Corp. contract
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