Required Capital Contribution Definition Example with 5 Variations

This page contains an example definition of Required Capital Contribution, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
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

Variations

Required Capital Contribution. Means 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 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 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
Required Capital Contribution. Means 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 $0.995 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 not rated by Standard & Poor's, and $0.9975 if the Amortized Cost Method. Fund is rated by Standard & Poor's. View More
Found in Northern Trust Corp. contract
Required Capital Contribution. Means means for the Fund on the date of any Contribution Event, 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 the 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 £0.9950 for so long as the Amortized Cost Method. Fund is rated by Moody's Rating Agency. View More
Found in Northern Trust Corp. contract
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