Aggregate Adjusted Assets definition

Aggregate Adjusted Assets as at any date means, as at the relevant Calculation Reference Date, the Aggregate Assets, provided that the component amount thereof that would otherwise comprise the amount shown on the Trust’s balance sheet as “Investment properties” (or its equivalent) shall be instead calculated as the amount obtained by applying the Capitalization Factor as at such Calculation Reference Date to determine the fair value of the Trust’s assets that would comprise “Investment properties” as at such date, using the valuation methodology described by the Trust in its then most recently published annual or interim financial statements or management’s discussion and analysis, applied consistently in accordance with past practice.
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Aggregate Adjusted Assets means, at any time, determined on a consolidated basis in accordance with GAAP adjusted by Proportionate Consolidation Adjustments, the book value of the assets of the Trust, plus accumulated depreciation and amortization on property, plant and equipment and on intangible assets (including fully amortized assets), and plus the difference between the gross book value of assets calculated under the previous generally accepted accounting principles and IFRS on the IFRS transition date of January 1, 2010.
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Aggregate Adjusted Assets means, with respect to DFC and its consolidated Subsidiaries (other than its Non-Mortgage Banking Subsidiaries), the aggregate amount of all Adjusted Assets of such entities."
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Examples of Aggregate Adjusted Assets in a sentence

  • Maintain at all times a ratio of Unencumbered Aggregate Adjusted Assets (excluding assets located outside of Canada, construction assets and other Non-Income Producing Assets (other than Non-Income Producing Assets specified in Section 6.3(d)) to Consolidated Unsecured Indebtedness (excluding Subordinated Indebtedness) of not less than 1.50:1.00.

  • Maintain at all times a ratio of Consolidated Indebtedness to Aggregate Adjusted Assets of not more than (i) 65% including convertible Indebtedness; and (ii) 60% excluding convertible Indebtedness.

  • As of the June 30, 2022, Schedule 3.18 contains a true and complete list of the Properties owned by the Borrower and its Subsidiaries as at the date hereof (including details of the legal and beneficial owners thereof) and the total value thereof (as determined in accordance with GAAP) included as of the date of this Agreement in the calculation of Unencumbered Aggregate Adjusted Assets for purposes of Section 5.16 hereof.

  • Neither the Borrower nor any of its Subsidiaries has (i) incurred any Lien securing Indebtedness over any of its Assets other than Assets not included in the calculation of Unencumbered Aggregate Adjusted Assets, or (ii) incurred any Indebtedness other than Indebtedness permitted by Section 6.1.

  • Maintain at all times a ratio of Consolidated Secured Indebtedness to Aggregate Adjusted Assets of not more than 40%.


More Definitions of Aggregate Adjusted Assets

Aggregate Adjusted Assets as at any date means, as at the relevant calculation reference date, the Aggregate Assets, provided that the component amount thereof that would otherwise comprise the amount shown on the Borrower’s balance sheet as “Investment properties” (or its equivalent) shall be instead calculated as the amount obtained by applying the Capitalization Factor as at such calculation reference date to determine the fair value of the Borrower’s assets that would comprise “Investment properties” as at such date, using the valuation methodology described by the Borrower in its then most recently published annual or interim financial statements or management’s discussion and analysis, applied consistently in accordance with past practice.
Sample 1
Aggregate Adjusted Assets as at any date means, as at the relevant Calculation Reference Date, the Aggregate Assets, provided that the component amount thereof that would otherwise comprise the amount shown on the Trust’s balance sheet as “Investment properties” (or its equivalent) shall be instead calculated as the amount obtained by applying the Capitalization Factor as at such Calculation Reference Date to
Sample 1

Related to Aggregate Adjusted Assets

  • Invested Assets means the sum of the market value of the securities held in the Portfolios, and shall not include cash or cash equivalents.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Rate Adjustment Date With respect to each ARM Loan, the date on which the Note Rate adjusts.