Book Value Calculation. General method for calculating book value shall be aggregation of transferable assets and transferable liabilities. An illustrative asset category list is included below for the purposes of describing the form analysis to be completed as of the valuation date. Un-audited Initial Asset Value Total $K Account Head Assets Cash & Bank Balance Receivables 236 Accrued Revenues 2,529 Loans to Employees 241 Travel Advances 265 Security Deposit / Adv. Rent 504 Project Advances — Fixed Assets (Net) 6,973 Inter Company Deposits/Loans — Investment in Countrywide by Mauritius — Inter Co Balances(cost sharing) — Other Assets 706 Total Assets 11,455 Assets At the time the Carve-Out Option is exercised under circumstances requiring payment of the book value of the Carve-Out Resources (a “book value carve out”), the parties will analyze each asset and evaluate its transferability to the Genworth Group in accordance with Exhibit H (i.e. those that are indentifiable and severable). Only such Carve-Out Resources as are actually transferred shall be included in the calculation of Book Value.
Appears in 4 contracts
Samples: Master Outsourcing Agreement (Genworth Financial Inc), Master Outsourcing Agreement (Genworth Financial Inc), Master Outsourcing Agreement (Genworth Financial Inc)
