Restricted Tangible Net Worth Sample Clauses

Restricted Tangible Net Worth. As of any date of determination, for the Borrower and Guarantors on a consolidated basis, shareholders’ equity of the Borrower and Guarantors on such date minus the Intangible Assets of the Borrower and Guarantors on such date; provided that the calculation of Restricted Tangible Net Worth shall exclude any unrealized adjustments, whether positive or negative, resulting from Interest Rate Protection Agreements or Swap Contracts in respect of currency hedging entered into in the ordinary course of business. For the avoidance of doubt, such shareholders’ equity and Intangible Assets referred to above exclude shareholders’ equity and Intangible Assets of any Securitization Entity.