Estimated Book Value definition

Estimated Book Value means with respect to Transferred Statutory Assets, the carrying value thereof on the books of Lincoln Life, LAL or Lincoln Barbados, as the case may be, for statutory statement blank purposes in accordance with SAP to be estimated in good faith as of the last day of the second month preceding the month in which the Closing shall occur.

Estimated Book Value means an amount equal to (a) the combined total assets of the Acquired Companies less (b) the combined total liabilities of the Acquired Companies, in each case as reflected on the Estimated GAAP Balance Sheet.

Estimated Book Value has the meaning set forth in Section 2.9(a).

Examples of Estimated Book Value in a sentence

• In the event that the aggregate Estimated Book Value of the Investment Assets transferred by FAFLIC exceeds the minimum amount required to be transferred pursuant to the immediately preceding two sentences, the Reinsurer shall pay to FAFLIC the amount of such excess in cash on the Core Coinsurance Closing Date, together with simple interest thereon from, and including, the Effective Date to, but not including, the date of payment computed at an annual rate equal to the LIBOR rate.

• In the sole discretion of the Stockholders’ Representative, the failure of Purchaser to timely deliver such Closing Statement shall constitute Purchaser’s acceptance of the Estimated Book Value as of the Closing Date and the Estimated Book Value shall be the Final Book Value for purposes hereof.

• If the Actual Book Value Amount is greater than the Estimated Book Value Amount, then Buyer shall pay Seller such excess.

• The Lincoln Barbados Revised Closing Statements will specify the Market Value rather than the Estimated Market Value with respect to Investment Assets, and Book Value rather than the Estimated Book Value with respect to Transferred Statutory Assets.

• The Proposed Final Statement shall be in the same format as the Closing Date Statement, but shall specify the Book Value rather than the Estimated Book Value with respect to Investment Assets.

More Definitions of Estimated Book Value

Estimated Book Value means with respect to Transferred Statutory Assets, the carrying value thereof on the books of SLD and SLDI, as the case may be, for statutory statement blank purposes in accordance with SAP to be estimated in good faith as of the last calendar day of the month preceding the month in which the Closing shall occur.

Estimated Book Value means the amount of the Operating Balance Sheet Assets less the amount of the Operating Balance Sheet Liabilities as shown on the Preliminary Closing Statement of Net Assets.

Estimated Book Value means $117,700,000.

Estimated Book Value means $14,099,698.

Estimated Book Value means the Book Value reflected on the Statement of Estimated Net Assets.

Estimated Book Value means LMC's reasonable, good faith estimate of the Companies Book Value, as determined within five (5) business days prior to the Closing Date and approved by Buyer in its reasonable, good faith discretion.

Estimated Book Value means an amount equal to the total assets of the Companies minus the total liabilities of the Companies, as shown on the unaudited consolidated financial statements of Omega Holdings for the nine months ended September 30, 2014.