Adjusted carrying value definition
Adjusted carrying value means the aggregate value that investments are carried on the balance sheet of the institution reduced by any unrealized gains on the investments that are reflected in such carrying value but excluded from the institution's Tier 1 capital and reduced by any associated deferred tax liabilities. For example, for investments held as available-for-sale (AFS), the adjusted carrying value of the investments would be the aggregate carrying value of the investments (as reflected on the consolidated balance sheet of the institution) less any unrealized gains on those investments that are included in other comprehensive income and that are not reflected in Tier 1 capital, and less any associated deferred tax liabilities. Unrealized losses on AFS nonfinancial equity investments must be deducted from Tier 1 capital pursuant to Paragraph (B)(10) of this Rule. The treatment of small business investment companies that are consolidated for accounting purposes under generally accepted accounting principles is discussed in Paragraph (C)(1)(h)(2) of this Rule. For investments in a nonfinancial company that is consolidated for accounting purposes, the institution's adjusted carrying value of the investment is determined under the equity method of accounting (net of any intangibles associated with the investment that are deducted from the institution's Tier 1 capital pursuant to Paragraph (C)(1)(e) of this Rule). Even though the assets of the nonfinancial company are consolidated for accounting purposes, these assets (as well as the credit equivalent amounts of the company's off-balance sheet items) are excluded from the institution's risk-weighted assets.
Adjusted carrying value means the Transferor’s book value of the transferred Covered Assets as set forth in the most recently completed quarterly statements immediately prior to such MLP Transfer using generally accepted accounting principles, which book value shall include “push down” purchase accounting adjustments made in a manner consistent with SEC accounting rules (except that goodwill, if any is so recorded, shall be reallocated among the Covered Assets in proportion to their adjusted fair values) to record the fair value of assets and liabilities of the Asset Company and its subsidiaries resulting from the transactions consummated pursuant to the Purchase Agreement (but not as a result of the receipt of Additional Consideration under this Agreement), plus to the extent not included in such book value, the amount of any capital costs incurred with respect to such Covered Assets after the Closing Date under the Purchase Agreement; and
Adjusted carrying value means the aggregate value that investments are carried on the balance sheet of the institution reduced by any unrealized gains on the investments that are reflected in such carrying value but excluded from the institution's Tier 1 capital and reduced by any associated deferred tax liabilities. For example, for investments held as available-for-sale (AFS), the adjusted carrying value of the investments would be the aggregate carrying value of the investments (as reflected on the consolidated balance
More Definitions of Adjusted carrying value
Adjusted carrying value should have the meaning assigned to it in Section 4.3(c)(i).