Average Book Value definition

Average Book Value means, for any period, the amount equal to (x) the sum of the respective book values of Rental Vehicles of the Company and its Restricted Subsidiaries as of the end of each of the most recent thirteen fiscal months of the Company that have ended at or prior to the end of such period, divided by (y) 13.
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Average Book Value means, for any period, the amount equal to (x) the sum of the respective book values of Rental Car Vehicles of the Company and its Restricted Subsidiaries as of the end of each of the most recent thirteen fiscal months of the Company that have ended at or prior to the end of such period, divided by (y) 13.
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Average Book Value for any period, the amount equal to (a) the sum of the respective book values of Rental Car Vehicles of the Parent Borrower and its Subsidiaries (other than Special Purpose Subsidiaries) as of the end of each of the most recent thirteen fiscal months of the Parent Borrower that have ended at or prior to the end of such period, divided by (b) 13.
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Examples of Average Book Value in a sentence

  • Securities Portfolio ($ in millions) 2Q20 3Q20 4Q20 1Q21 2Q21 Average Book Value $961 $1,029 $1,067 $1,065 $1,244 Book Yield (FTE) 2.60% 2.26% 2.05% 1.87% 1.78% Modified Duration 4.12 3.91 3.95 4.31 4.75 All data is presented as of June 30, 2021.

  • The term "Average Book Value Per Share" for each Six Month Period shall mean the average of the Book Value Per Share (as herein defined) as of December 31 and June 30 (each a "Determination Date") immediately preceding the Six Month Period.

  • For each Six Month Period, the value (the "Purchase Price Per Share") of the shares of Common Stock used to pay the Allowances will be an amount equal to the Average Book Value Per Share (as defined herein) for the respective Six Month Period, multiplied by two and one-half (2-1/2).


More Definitions of Average Book Value

Average Book Value for any period shall mean the arithmetic average of the aggregate Book Value of the assets reflected in the computation at the opening of the first and at the close of the last business day of each calendar month during the period to which such computation relates.
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