Valuation Guidelines

Valuation Guidelines. Shall mean the valuation guidelines of the Company as have been adopted by the Board, as amended from time to time.

Valuation Guidelines. Shall mean the valuation guidelines adopted by the Board, as amended from time to time.

Valuation Guidelines. Means in valuing the assets of the Company the following guidelines will be used: (i) Publicly traded securities that are listed on one or more recognized securities exchanges will be valued at last sales prices on the date of valuation or, if no sales occurred on such day, at the last bid prices thereon; (ii) Publicly traded securities that are traded only in the over-the-counter market will be valued at the average of the last bid prices (or... in the case of securities listed on the NASDAQ National Market List, at the last sales prices) on the date of valuation; (iii) Publicly traded securities with restrictions on marketability will be valued at an appropriate discount from its otherwise applicable market price; and (iv) All other investments will be valued initially at cost, with subsequent adjustments to values which reflect, among other things, meaningful third-party transactions in the private market, or to fair market value as determined by the Board. View More

Valuation Guidelines. Shall mean the valuation guidelines of the Trust as have been adopted by the Board, as amended from time to time.

Valuation Guidelines. Means the valuation guidelines adopted by the Board, as may be amended from time-to-time.