Audited Net Book Value definition

Audited Net Book Value means the net difference between the assets and liabilities on the audited financial statements, without adjustment for good ill or premiums that might be paid for the asset if it were to be exposed to the full market for sale
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Audited Net Book Value means the net difference between the assets and liabilities on the audited financial statements, without adjustment for good ill or premiums that might be paid for the asset if it were to be exposed to the full market for sale”
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Audited Net Book Value shall have the meaning set forth in Section 2.7(b).
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Examples of Audited Net Book Value in a sentence

  • The "Purchase Price Adjustment" will be the difference between (i) $663,891, which is the estimated net book value of the Company as of the Closing Date (the "Estimated Net Book Value") and (ii) the net book value of the Company as set forth in the Audited Closing Date Financial Statements (the "Audited Net Book Value").

  • If the Litho Stockholders agree within such fifteen (15) day period, payment of any difference between the Interim Net Book Value and the Audited Net Book Value shall be made as provided in Section 2.7(e) hereof.

  • The purchase price (the "Purchase Price") for the Assets shall be an amount equal to the aggregate of: (i) Eleven Million Five Hundred Thousand Dollars ($11,500,000); (ii) the total Assumed Liabilities reflected on the Audited Closing Statement; and (iii) the excess (deficit) of Audited Net Book Value over (under) Two Million Five Hundred Thousand Dollars ($2,500,000).

  • If the Audited Net Book Value is less than the Estimated Net Book Value, then Sellers will pay Buyer the difference, and if the Audited Net Book Value is greater than the Estimated Net Book Value, then Buyer will pay Sellers the difference.


More Definitions of Audited Net Book Value

Audited Net Book Value means the adjusted book value of the Contributed Atlas Assets less the value of the Assumed Liabilities, each as shown on the Audited Closing Statement.
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Audited Net Book Value means each Seller's historical cost of the Assets owned by such Seller, less depreciation and amortization, determined, in the case of Southeastern, in accordance with GAAP (hereinafter defined), consistently applied and, in the case of the Partnership in the manner utilized by the Partnership in filing its tax returns and in a manner consistently applied, less the value of the Assumed Liabilities, each as shown on the Audited Closing Statement.
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