Net Book Value of the Company definition

Net Book Value of the Company means the current assets of the Company (net of allowances for doubtful accounts and accumulated depreciation) minus the current liabilities of the Company as shown on the applicable balance sheet of the Company, calculated in accordance with GAAP. “Option” with respect to any Person means any security, right, subscription, warrant, option, “phantom” stock right or other Contract that gives the right to (i) purchase or otherwise receive or be issued any shares of capital stock of such Person or any security of any kind convertible into or exchangeable or exercisable for any shares of capital stock of such Person or (ii) receive or exercise any benefits or rights similar to any rights enjoyed by or accruing to the holder of shares of capital stock of such Person, including any rights to participate in the equity or income of such Person or to participate in or direct the election of any directors or officers of such Person or the manner in which any shares of capital stock of such Person are voted. “Order” means any writ, judgment, decree, injunction or similar order of any Governmental or Regulatory Authority (in each such case whether preliminary or final). “Patents and Trademarks” has the meaning ascribed to it in Section 2.17. “PBGC” means the Pension Benefit Guaranty Corporation established under ERISA. “Pension Benefit Plan” means each Benefit Plan which is a pension benefit plan within the meaning of Section 3(2) of ERISA.
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Net Book Value of the Company means the amount as of the Effective Time by which the total book value of the assets of the Company exceeds the total book value of the Liabilities of the Company, as determined in accordance with Philippines Financial Accounting Standards.
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Net Book Value of the Company means the consolidated total assets of the Company and its Subsidiaries (net of allowances for doubtful accounts and accumulated depreciation) minus the consolidated total Liabilities of the Company and its Subsidiaries as shown on the applicable balance sheet of the Company and its Subsidiaries, in each case calculated in accordance with GAAP.
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Examples of Net Book Value of the Company in a sentence

  • Mr. Akamon Prasoppolsujarit, Acting Chief Financial Officer, replied no.1 that at the year end 2016, the Net Book Value of the Company was Baht 173 million, the hotel’s depreciation was Baht 106 million per year.

  • Except as set forth in Section 4(b), Brightstar shall have a period of thirty (30) days to conduct a post-closing audit of the books and records of the Company to verify the Net Book Value of the Company as of May 31, 2004.

  • The purchase price is equal to the Closing Net Book Value of the Company, as derived from the Closing Balance Sheet (the “Purchase Price”).

  • To illustrate application of this formula, pro forma calculations of the Tangible Net Book Value of the Company as of September 30, 2014, and of the resulting Purchase Price Per Share as of that date, are set forth in Exhibit B attached hereto.

  • The Effective Date Balance Sheet will include a determination of the Effective Date Net Book Value of the Company as of the close of business on the day immediately preceding the Effective Date.

  • In the event that the Shareholders Representative delivers a Statement of Objections during the Review Period, the Shareholders Representative and Parent shall use their commercially reasonable efforts to agree on the amount of Net Book Value of the Company on June 30, 2006 and the Closing Date within thirty (30) days following the receipt by Parent of the Statement of Objections.

  • Not less than five (5) Business Days prior to the scheduled Closing Date, the Sellers shall deliver to the Buyer (i) a balance sheet of the Company forecasted as of the Closing Date, to be prepared in a manner consistent with the preparation of the Financial Statements (the "Preliminary Closing Date Balance Sheet") and (ii) an estimate of the Net Book Value of the Company as of the Closing Date based upon such Preliminary Closing Date Balance Sheet (the "Estimated Closing Date Net Book Value").

  • Further, the Sellers represent and warrant that, as of the Closing Date, the Net Book Value of the Company shall be at least equal to the Net Book Value of the Company as of July 31, 1998 (per GAAP).

  • Except as provided in the preceding sentence, the Net Book Value ("Net Book Value") of the Company will be determined, in accordance with Canadian GAAP, applied consistently with the fiscal 1997 financial statements of the Company and will be based on a balance sheet as of the Closing Date prepared by the Company and distributed to the parties hereto within thirty (30) days after the Closing Date.

  • The Closing Date Balance Sheet will include a determination of the Closing Date Net Book Value of the Company as of the close of business on the Closing Date.


More Definitions of Net Book Value of the Company

Net Book Value of the Company means the total assets of the Company (net of allowances for doubtful accounts and accumulated depreciation) minus the total liabilities of the Company as shown on the applicable balance sheet of the Company, calculated in accordance with the Company's historical practice with respect to the preparation of its financial statements, including the December 31 Balance Sheet.
Sample 1
Net Book Value of the Company means the net value of the assets of the Company, equal to the original cost of the assets minus the depreciation and amortization, as set forth on the consolidated financial statements of the Company which are (x) complete and correct in all material respects and present fairly the financial condition and position of the Company as of their respective dates, (y) prepared in accordance with the Hong Kong Financial Reporting Standards applied on a consistent basis, and (z) audited and certified by a “big four” accounting firm or other independent certified public accountant acceptable to the Investor.
Sample 1
Net Book Value of the Company means the excess of the Company's total assets over the Company's total liabilities, calculated on a pro forma basis after giving effect to the Asset Transfers, determined in accordance with the accounting principles applied by the Company in the September 30 Pro Forma Balance Sheet, as modified by the adjustments set forth on Schedules 1.1(a) and (b), as applicable on a line-item basis.
Sample 1

Related to Net Book Value of the Company

  • Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Retail value of a prize means:

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated Net Tangible Assets means total assets (less depreciation and valuation reserves and other reserves and items deductible from gross book value of specific asset accounts under GAAP) after deducting therefrom (i) all current liabilities and (ii) all goodwill, trade names, trademarks, patents, unamortized debt discount, organization expenses, and other like intangibles, all as set forth on the most recent balance sheet of the Company and its consolidated Subsidiaries and computed in accordance with GAAP.

  • Consolidated Entities means any Person (other than an Investment Entity) in which the Borrower owns any Capital Stock, the accounts of which Person are consolidated with those of the Borrower in accordance with GAAP.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Annualized Operating Cash Flow means, for any fiscal quarter, the Operating Cash Flow for such fiscal quarter multiplied by four.

  • Consolidated Current Assets means, as at any date of determination, the total assets of Company and its Subsidiaries on a consolidated basis which may properly be classified as current assets in conformity with GAAP, excluding Cash and Cash Equivalents.

  • Consolidated Total Asset Value means, at a given time, the sum (without duplication) of all of the following of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP applied on a consistent basis: (a) Unrestricted Cash; plus (b) the quotient of (i) the Net Operating Income for each Property owned, or leased as lessee under a ground lease, by the Borrower or any Subsidiary (including any 1031 Property but excluding a Property the value of which is included in the determination of Consolidated Total Asset Value under any of the immediately following clauses (c) or (e)), for the fiscal quarter most recently ended multiplied by 4, divided by (ii) the applicable Capitalization Rate; plus (c) the acquisition cost of Properties (including any 1031 Property) acquired during the period of six fiscal quarters most recently ended; provided that the Borrower may irrevocably elect that the value of a recently acquired Property not yet owned for six quarters be determined in accordance with the preceding clause (b); plus (d) all Construction-in-Process for all Development Properties; plus (e) the aggregate Major Redevelopment Property Values of all Major Redevelopment Properties; plus (f) the GAAP book value of Unimproved Land; plus (g) the contractual purchase price of Properties of the Borrower and its Subsidiaries subject to purchase obligations, repurchase obligations, forward commitments and unfunded obligations but only to the extent such amounts are included in determinations of Consolidated Total Indebtedness; plus (h) Marketable Securities, valued at the lower of cost or Fair Market Value (to the extent that the Fair Market Value of such Marketable Securities is reasonably capable of being verified or is otherwise acceptable to the Administrative Agent); plus (i) the aggregate book value of Mortgage Receivables. The Borrower’s Ownership Share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a) and (h)) will be included in the calculation of Consolidated Total Asset Value consistent with the above described treatment for wholly owned assets. Properties disposed of during the fiscal quarter most recently ended shall not be included in the calculation of Consolidated Total Asset Value. Other Commercial Properties may only contribute to Consolidated Total Asset Value to the extent applicable under clause (c) above. In addition, to the extent (A) the amount of Consolidated Total Asset Value attributable to assets held by Unconsolidated Affiliates would exceed 20.0% of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value and (B) the amount of Consolidated Total Asset Value attributable to Marketable Securities, Development Properties, Major Redevelopment Properties, Unimproved Land and Mortgage Receivables would exceed 30.0% of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value.

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of:

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Consolidated Total Liabilities means, as of any date of determination, the total liabilities of the Borrower and its Subsidiaries on a consolidated basis, as determined in accordance with GAAP.

  • Consolidated Total Assets means, at any time, the total assets of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis, as set forth or reflected on the most recent consolidated balance sheet of the Borrower and its Consolidated Subsidiaries, prepared in accordance with GAAP.

  • Consolidated Equity means and refers to, as of the end of any period of determination, the sum, without duplication, of (i) Consolidated Tangible Net Worth of HDFS, (ii) preferred stock and (iii) Subordinated Indebtedness.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Consolidated Net Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • Book Value means, with respect to any Company asset, the adjusted basis of such asset for federal income tax purposes, except as follows:

  • Unrestricted Cash and Cash Equivalents means, with respect to any Person, cash and Cash Equivalents of such Person that are free and clear of all Liens and not subject to any restrictions on the use thereof to pay Indebtedness and other obligations of such Person.