Consolidated Book Value definition

Consolidated Book Value in respect of any Person means the total of the amounts shown on the balance sheet of such Person and its consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP, as of the end of the most recent fiscal quarter of such Person ending at least 45 days prior to the taking of any action for the purpose of which the determination is being made, as (i) the par or stated value of all outstanding Capital Stock of such Person plus (ii) paid-in capital, share premium or capital surplus relating to such Capital Stock plus (iii) any retained earnings or earned surplus plus (iv) any accumulated other comprehensive income, less any accumulated deficit.
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Consolidated Book Value in respect of any Person means the total of the amounts shown on the balance sheet of such Person and its consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP, as of the end of the most recent fiscal quarter of such Person ending at least 45 days prior to the taking of any action for the purpose of which the determination is being made, as (i) the par or stated value of all outstanding Capital Stock of such Person plus (ii) paid-in capital or capital surplus relating to such Capital Stock plus (iii) any retained earnings or earned surplus plus (iv) any accumulated other comprehensive income, less any accumulated deficit.
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Consolidated Book Value. In respect of any Person, the total of the amounts shown on the balance sheet of such Person and its consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP, as of the end of the most recent fiscal quarter of such Person ending at least 45 days prior to the taking of any action for the purpose of which the determination is being made, as
Sample 1

Examples of Consolidated Book Value in a sentence

  • As used herein, "Total Adjusted Consolidated Tangible Book Value" begins with the "Adjusted Consolidated Book Value" which includes all equity accounts of the corporation, but shall not include any cumulative unrealized gain or loss resulting from the subsidiary banks' compliance with the Statement of Financial Accounting Standards No. 115 issued by the Financial Accounting Standards Board.

  • Borrower shall, in calculating Consolidated Book Value, carry its assets on its books at the lesser of cost or market and shall not write-up Consolidated Book Value to reflect increased value based upon market.

  • It shall maintain a Consolidated Debt to Consolidated Book Value of Assets Ratio, measured at the end of each fiscal quarter of the Borrower on a rolling four fiscal quarter basis, of not greater than [DELETION] commencing from and including the fiscal quarter ending June 30, 2021.

  • Borrower shall not otherwise modify its method of calculating Consolidated Book Value from that employed in the preparation of Financials delivered to Lender in connection with the Loan.

  • Borrower and the Consolidated Partnership shall not create, incur, suffer or allow to exist Indebtedness (including, with respect to the Sanwa Line of Credit and the Bank of America Line of Credit, only the funded portion of such line of credit indebtedness within the calculation of Indebtedness) in excess of fifty-five percent (55%) of Consolidated Book Value.

  • Borrower and the Consolidated Partnership shall not create, incur, suffer or allow to exist Indebtedness (including, with respect to the Sanwa Line of Credit and the Union Line of Credit, only the funded portion of such line of credit indebtedness within the calculation of Indebtedness) in excess of fifty percent (50%) of Consolidated Book Value.

  • Borrower will not permit more than 15% of Net Operating Income for any four consecutive fiscal quarters to be generated by, either directly or indirectly, any one Facility, lessee, operator or borrower, nor shall Borrower permit any one Facility or assets to constitute more than 15% of Consolidated Book Value.

  • Not later than 90 days after the Effective Date, GMI shall calculate and have audited by a nationally recognized independent accounting firm the Consolidated Book Value, and deliver notice to each of the RJF Parties of the amount of such audited Consolidated Book Value.

  • Consolidated Book Value of ---------------------------------------------------------- Embarcadero.

  • RJF and its independent certified public accountants shall have the right to observe all steps taken by GMI in connection with the determination of the amount of Consolidated Book Value and to review fully all work papers and procedures related thereto.


More Definitions of Consolidated Book Value

Consolidated Book Value has the meaning ascribed thereto in section 6.10;
Sample 1
Consolidated Book Value means the total assets of GMI, less the total liabilities of GMI, as of the date immediately prior to the Effective Date, prepared in accordance with Canadian generally accepted accounting principles on a basis consistent with the Financial Statements. Within five Business Days after the audit of the Consolidated Book Value is finally completed in accordance with the provisions hereof, if the amount of the audited Consolidated Book Value is less than $61,000,000, then RJ Holdings shall be entitled to be indemnified for the difference between $61,000,000 and the audited Consolidated Book Value, pursuant to the terms of the Escrow Agreement, from the Escrowed Securities, such indemnification to be allocated pro rata among the Escrowed Securities owing to each GMI Shareholder and to be allocated proportionately from each separate form of Escrowed Securities owing to each GMI Shareholder (whether Exchangeable Shares, Retractable Shares or any combination thereof). If the difference between $61,000,000 and the audited Consolidated Book Value is greater than the entire amount of the Escrowed Securities and GMI intentionally and in bad faith reduced the Consolidated Book Value in breach of its covenant pursuant to clause 6.5(a)(xvi), the GMI Shareholders shall pay to RJ Holdings an amount (whether in the form of cash or securities) equal to the -39- 43 difference between (a) $61,000,000 less the amount of the Escrowed Securities, and (b) the audited Consolidated Book Value.
Sample 1
Consolidated Book Value means, with respect any specified Person as of any date, the book value of such Person's assets, on a consolidated basis, determined in accordance with GAAP, as reported on the most recent date prior thereto for which a consolidated balance sheet of such Person has been regularly prepared.
Sample 1
Consolidated Book Value in respect of any Person means the total of the amounts shown on the balance sheet of such Person and its consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP, as of the end of the most recent fiscal quarter of such Person ending at least 45 days prior to the taking
Sample 1

Related to Consolidated Book Value

  • Consolidated Total Asset Value means, as of any date of determination, with respect to the Parent Guarantor and its Subsidiaries on a consolidated basis, the sum of (a) the quotient of (i) (x) an amount equal to (A) Adjusted Net Operating Income for the prior fiscal quarter minus (B) the aggregate amount of Adjusted Net Operating Income attributable to each Real Property Asset sold or otherwise Disposed of during such prior fiscal quarter minus (C) the aggregate amount of Adjusted Net Operating Income for the prior fiscal quarter attributable to each Real Property Asset acquired during the last four fiscal quarters multiplied by (y) four (4) divided by (ii) the Capitalization Rate, plus (b) with respect to each Real Property Asset acquired during such prior four fiscal quarters, the book value of such Real Property Asset; provided that the Borrower may, at its discretion, make a one-time irrevocable election to value a Real Property Asset acquired during the prior four fiscal quarters in an amount equal to (i) the quotient of (A) an amount equal to (y) the Adjusted Net Operating Income from such Real Property Asset multiplied by (z) four (4) divided by (B) the Capitalization Rate, plus (c) unrestricted Cash Equivalents, plus (d) the book value of Real Property Assets that constitute unimproved land holdings, plus (e) the book value of Real Property Assets that constitute construction in progress, plus (f) the carrying value of performing mortgage loans, plus (g) the Parent Guarantor’s and Subsidiaries’ pro rata share of the forgoing items and components attributable to interests in Unconsolidated Joint Ventures. Notwithstanding the foregoing, to the extent (A) the amount of Consolidated Total Asset Value attributable to mortgage loans would exceed five percent (5%) of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value, (B) the amount of Consolidated Total Asset Value attributable to construction in progress would exceed fifteen percent (15%) of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value, (C) the amount of Consolidated Total Asset Value attributable to unimproved land (calculated on the basis of acquisition cost) would exceed five percent (5%) of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value, (D) the amount of Consolidated Total Asset Value attributable to Investments in unconsolidated partnerships and joint ventures would exceed twenty percent (20%) of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value and (E) the amount of Consolidated Total Asset Value attributable to assets of the types referred to in the immediately preceding clauses (A) through (D) would exceed twenty percent (20%) of Consolidated Total Asset Value in the aggregate, such excess shall be excluded from Consolidated Total Asset Value.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • consolidated basis means on the basis of the consolidated situation;

  • Consolidated Net Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • Consolidated Total Assets means, as of the date of any determination thereof, total assets of the Borrower and its Subsidiaries calculated in accordance with GAAP on a consolidated basis as of such date.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated Equity means and refers to, as of the end of any period of determination, the sum, without duplication, of (i) Consolidated Tangible Net Worth of HDFS, (ii) preferred stock and (iii) Subordinated Indebtedness.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Total Debt at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Total Net Indebtedness means, as of any date of determination, (a) Consolidated Total Indebtedness minus (b) the Unrestricted Cash Amount.

  • Consolidated Debt means, at any date, the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Consolidated Total Capitalization means the sum of Consolidated Net Worth and Consolidated Funded Debt.

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.