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

  • To determine the stability of this solution the trial solution 0k k k˜e ilx 7(l)tu U (k ) u˜e ilx 7(l)t1kviscosity term =µ(k)ux xµ0 e 0k uxx(5.90) The difficulties arising from the higher order models without viscosity (e.g. the inability to properly describe for bottleneck and stop-start behavior) are reviewed by Hauer and Hurdle (1979).

  • It is defined as ROA = Net Income after Tax ÷ Average Book Value of Assets.

  • 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.

  • Defined generally, Return on Capital (Pretax) = Earnings before interest and taxes Average Book Value of Capital Invested in Project Return on Capital (After-tax) = Earnings before interest and taxes (1- tax rate) Average Book Value of Capital Invested in ProjectTo illustrate, consider a one-year project, with an initial investment of $1 million, and earnings before interest and taxes (EBIT) of $300,000.

  • 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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Related to Average Book Value

  • Book Value means, with respect to any Asset and any Liability Assumed, the dollar amount thereof stated on the Accounting Records of the Failed Bank. The Book Value of any item shall be determined as of Bank Closing after adjustments made by the Receiver for differences in accounts, suspense items, unposted debits and credits, and other similar adjustments or corrections and for setoffs, whether voluntary or involuntary. The Book Value of a Subsidiary of the Failed Bank acquired by the Assuming Institution shall be determined from the investment in subsidiary and related accounts on the "bank only" (unconsolidated) balance sheet of the Failed Bank based on the equity method of accounting. Without limiting the generality of the foregoing, (i) the Book Value of a Liability Assumed shall include all accrued and unpaid interest thereon as of Bank Closing, and (ii) the Book Value of a Loan shall reflect adjustments for earned interest, or unearned interest (as it relates to the "rule of 78s" or add-on- interest loans, as applicable), if any, as of Bank Closing, adjustments for the portion of earned or unearned loan-related credit life and/or disability insurance premiums, if any, attributable to the Failed Bank as of Bank Closing, and adjustments for Failed Bank Advances, if any, in each case as determined for financial reporting purposes. The Book Value of an Asset shall not include any adjustment for loan premiums, discounts or any related deferred income, fees or expenses, or general or specific reserves on the Accounting Records of the Failed Bank. For Shared-Loss Securities, Book Value means the value of the security provided in the Information Package.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.