Marketable Securities means securities that are traded on a national securities exchange, reported through the National
Association of Securities Dealers, Inc. Automated Quotation System or comparable established foreign trading system, or otherwise publicly traded and as to which quotations of market prices are readily available.
Media Enterprise means any Person that directly or indirectly owns, controls or operates: (a) a U.S. broadcast radio or television station or a U.S. cable television system; (b) a U.S. daily newspaper (as such term is defined in Section 73.3555 of the FCC Rules); or (c) any U.S. communications facility operated pursuant to a license granted by the FCC and subject to multiple ownership, cross-ownership or other ownership restrictions set forth in the FCC Rules, but only to the extent that the FCC Rules providing that a limited partnership interest shall not be attributed to a limited partner that is not materially involved, directly or indirectly, in the management or operation of such communications facility (i.e., Note 2(g) at 47 C.F.R. § 73.3555 and 76.501 (1998) and the cntena set forth in the FCC opinions and orders cited therein, or any successor FCC Rules) are applicable to determining whether the Limited Partners would be deemed to hold an attributable or cognizable ownership interest in such communications facility for purposes of the relevant FCC ownership restrictions.
Net Asset Value as of a specified date means the amount by which the value of the assets of the Partnership exceeds the amount of the liabilities of the Partnership, as of that date, determined in accordance with the provisions of Section 15.
Net Asset Value Test shall mean, for purposes of Carried Interest Distributions and disbursements of any Escrowed Carried Interest Distributions, that on any date of calculation prior to the end of the Investment Penod the Net Asset Value of the Partnership is equal to or greater than 120% of the Required Capital of the Limited Partners on such distribution date less aggregate amounts distributed to the Limited Partners pursuant to Section 8.2(a)(u) after giving effect to such distribution. From and after the date on which the Investment Period ends, the Net Asset Value Test shall be deemed satisfied.