Balance Sheet Equity definition

Balance Sheet Equity means – the consolidated equity according to the international finance reporting standards (IFRS), and including minority rights, capital note and shareholders’ loans which are inferior to the rights of Holders of Debentures (Series C). For the purpose of this clause, a shareholders’ loan shall be considered as inferior to the Debentures only if according to its terms –
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Balance Sheet Equity and “Net Worth” means, with respect to Borrowers, (a) the book value of all assets of Borrowers, taken on a consolidated basis, in accordance with GAAP, minus (b) all of Borrowers’ Total Indebtedness, all as determined in accordance with GAAP.
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Balance Sheet Equity means (i) the amount listed on the total shareholders' equity line of the balance sheet contained in the Company's most recent quarterly or year-end filing pursuant to Section 13 of the Exchange Act or any audited financial statement, minus (ii) $5,000,000.
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Examples of Balance Sheet Equity in a sentence

  • The aggregate amount of capital deficiencies in all subsidiaries which are not included, in the regulatory scope of consolidation i.e., that are deducted: Name of the Subsidiaries / Country of IncorporationPrincipal activity of the entityTotal Balance Sheet Equity (as stated in the accounting balance sheet of thelegal entity)% of the bank’s holding in the totalequityCapital deficiencies Not applicable e.

  • There is no net effect on revenue, but the Net Equity on the Council’s Balance Sheet Equity has been reduced by this figure.

  • Minimum Tangible Net Worth of not less than $80,000,000 tested quarterly Calculation: Tangible Net Worth = Balance Sheet Equity, less Treasury Stock, Goodwill, Intellectual Property, Deferred Expenses, Affiliate Loans, and other Intangible Assets.

  • Borrower’s Tangible Balance Sheet Equity Ratio will be at least 0.40:1.00 at all times.

  • On the last day of Borrower's fiscal year which includes the Construction Completion Date, and at all times thereafter, Borrower will maintain a Tangible Balance Sheet Equity Ratio of not less than 0.40:1.00.

  • S Corporations Only Balance Sheet Equity Paid-In Capital or Surplus Corporations use Paid-in capital to track amounts received from shareholders in exchange for stock that are over and above the stock’s stated (or par) value.

  • There was no net effect on revenue, but the Net Equity on the Council’s Balance Sheet Equity has been reduced by this figure.

  • Based on the pro forma statement of financial position, the ratio of the Company’s equity (which the Company calculated in line with the definition of Balance Sheet Equity in the Series B Deed of Trust) to balance sheet as at June 30, 2020 was 31.1%.

  • The aggregate amounts (e.g. currant book value) of the Bank’s total interests in insurance entities, which are risk weighted: Name of the insurance entities / Country of IncorporationPrincipal activity of the entityTotal Balance Sheet Equity (as stated in the accounting balance sheet of the legal entity)% of the bank’sholding in the total equity/ proportion of voting powerQuantitative impact on regulatory capital of using risk weighting method vs.

  • The aggregate amounts (e.g. currant book value) of the Bank’s total interests in insurance entities, which are risk weighted: Name of the insurance entities / Country of IncorporationPrincipal activity of the entityTotal Balance Sheet Equity (as stated in the accounting balancesheet of the legal entity)% of the bank’s holding in the total equity/ proportionof voting powerQuantitative impact on regulatory capital of using risk weighting method vs.

Related to Balance Sheet Equity

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any Sale-Leaseback Transactions that do not create a liability on the balance sheet of such Person, (iii) any obligation under a Synthetic Lease or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • SEC Off-Balance Sheet Rules means the Disclosure in Management’s Discussion and Analysis About Off-Balance Sheet Arrangements, Securities Act Release No. 33-8182, 68 Fed. Reg. 5982 (Feb. 5, 2003) (codified at 17 CFR pts. 228, 229 and 249).

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Off-Balance Sheet Obligations means liabilities and obligations of the Borrower, any Subsidiary or any other Person in respect of “off-balance sheet arrangements” (as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act) which the Borrower would be required to disclose in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of the Borrower’s report on Form 10-Q or Form 10-K (or their equivalents) which the Borrower is required to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Balance Sheet Date has the meaning set forth in Section 3.06.

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders.

  • Off-Balance Sheet Obligation means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, (b) an agreement for the use or possession of property creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment) or (c) an agreement for the sale of receivables or like assets creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, could be characterized as the indebtedness of such Person (without regard to accounting treatment).

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2020, set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2020.

  • Company Balance Sheet Date means December 31, 2016.

  • Unaudited Interim Balance Sheet shall have the meaning specified in Section 2.4(a)(iii) of the Agreement.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Most Recent Balance Sheet Date has the meaning set forth in Section 3.6(a).

  • Net Equity ’ means, subject to such rules and regulations as the Commission pro- mulgates under the Act, with respect to the aggregate of all of a customer’s accounts that such customer has in the same capacity—

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).