Fair Asset Value definition

Fair Asset Value shall have the meaning set forth in Article 12.5(f)(ii).
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Fair Asset Value means the amount for which any asset could be sold in an arm's length transaction by one who desires to sell, but is not under any urgent requirement to sell, to a buyer who desires to buy, but is under no urgent necessity to buy, when both have a reasonable knowledge of the facts, all as determined by the Board. In determining such Fair Asset Value, furniture, fixtures and equipment shall be valued at cost less depreciation and the reasonably foreseeable prospects (including all tax liabilities and, in particular, tax liabilities upon the sale or other disposition of Company assets) of the business of the Company shall be taken into account. Securities which are listed on a national securities exchange shall be valued at the average last sales price during the immediately preceding 15 days on which such securities are traded on such exchange or, with respect to any of such dates on which no sales occurred, at the mean between the high "bid" and low "asked" prices at the close of business on such date.
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Fair Asset Value means the amount for which any asset could be sold in an arm's length transaction by one who desires to sell, but is not under any urgent requirement to sell, to a buyer who desires to buy, but is under no urgent necessity to buy, when both have a reasonable knowledge of the facts, all as determined by the Board. In determining such Fair Asset Value, furniture, fixtures and equipment shall be valued at cost less depreciation and the reasonably foreseeable prospects (including all tax liabilities and, in particular, tax liabilities upon the sale or other disposition of Company assets) of the business of the Company shall be taken into account. Securities which are traded on a national securities exchange or quotation system shall be valued at the average closing sales price for the actual number of Trading Days during the 60-day period immediately preceding the date of such valuation, as such prices are reported in The Wall Street Journal.
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Examples of Fair Asset Value in a sentence

  • That will generate such a culture and such companies that it will also change the path of economic development here in Russia.

  • All disputes arising under the definition of Net Sales (as to Licensed Product Net Sales in a Combined Offering), Article 2.5 (as to sublicense terms), Article 5.3 (as to whether a patent is a Required Third Party Patent), Article 12.4 (as to whether a Conversion Event has occurred), or Article 12.5(f) (as to the Fair Asset Value of Termination Assets) shall be resolved pursuant to this Article 14.

  • In the event the Fair Asset Value of any Partnership Property is adjusted pursuant to Section 3.19 B.

  • Investments (cont’d) Per Cent of NetNominal Fair Asset Value Cost Value Value MYR’000 MYR’000 MYR’000 %4.

  • In accordance with Section 704(c) of the Code, and the Treasury Regulations thereunder, income, gain, loss and deduction with respect to any Property contributed to the capital of the Partnership shall, solely for tax purposes, be allocated among the partners so as to take account of any variation between the adjusted basis of such Property to the Partnership for federal income tax purposes and its initial Fair Asset Value (computed in accordance with Section 3.19 A.

  • The key electrical components of the DTS have been designed to meet these MSHA standards.


More Definitions of Fair Asset Value

Fair Asset Value. The fair market value of any Asset determined by reference to its condition and prevailing local market conditions at the time of such valuation. Fair Asset Value shall be determined by way of amicable agreement between the Parties or, failing such agreement within thirty (30) days of any need to determine the Fair Asset Value of any Asset, by the average Fair Asset Value calculated by three (3) independent valuation experts (in a field relevant to the type of Asset) selected by the Parties to provide their estimate of such Fair Asset Value. متي لصأ يلأ ةلداعلا قوسلا ةميق لاوحأو هتلاح ىلإ عوجرلاب اهديدحت تقو دنع ةدئاسلا ةيلحملا قوسلا . مييقتلا نع لوصلأل ةلداعلا ةميقلا ددحت وأ فارطلأا نيب يدو قافتا قيرط نوضغ يف قافتلاا اذه رذعت اذإ ةجاحلا موي نم اموي ) 30( نيثلاث يلأ لوصلأل ةلداعلا ةميقلا ديدحتل لوصلأل ةلداعلا ةميقلا لدعمب لصأ ءاربخ )3( ثلاث قيرط نع بسحت قلعتم لاجم يف( نيدياحم مييقت لجلأ فارطلأا مهراتخي )لصلأا عونب هذهل ةلداعلا ةميقلل مهمييقت ميدقت .لوصلأا ةميقلا" ةلداعلا " لوصلأل “Financial Costs” The amount of debt or debt- like obligations incurred by the Company in relation to the financing of the Project, including all senior debt, subordinated debt, mezzanine financing and the like, if any. تامازتللاا نويد وأ نويدلا غلابم قلعتي ميف ةكرشلا اهدبكتت يتلا لك كلذ يف امب عورشملا ليومتب ةيوناثلا نويدلا وأ ةيسيئرلا نويدلا ، كلذ هباش ام وأ نينازيملا ليومت وأ .دجو نإ فيلاكتلا" "ةيلاملا “Financial Disclosure Law” The Financial Disclosure Law, Number 30 of 2006. ةنسل30 مقر ةيلاملا ةمذلا نوناق .2006 نوناق" ةمذلا "ةيلاملا ”Force Majeure Event” Any contingency or event reasonably beyond the control of any Party that cannot reasonably be predicted or prevented by the exercise of due care by any such Party which has such a severe adverse material effect on the Project, in whole or part, so as to render it impossible for any such Party to perform any specific obligation under this Agreement. ةجراخ ثادحأ وأ ةئراط ثادحأ يأ نكمي لا يتلا فرط يأ ةرطيس نع مايق قيرط نع اهعنم وأ اهب ؤبنتلا ةمزلالا ةيانعلا ةسراممب فرط يأ و راض يبلس يرهوج ريثأت اهلو وأ ُايلك عورشملا ىلع ىوق يلأ ليحتسملا نم لعجتلً ايئزج يأب ءافولا فارطلأا هذه نم فرط Force Majeure includes:
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Related to Fair Asset Value

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Net Asset Value or "NAV” means per Unit value of the Trust arrived at by dividing the Net Assets by the number of Units outstanding.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Unencumbered Total Asset Value as of any date means the sum of (1) those Undepreciated Real Estate Assets not encumbered by any mortgage, lien, charge, pledge or security interest and (2) all of Issuer’s and its Subsidiaries’ other assets on a consolidated basis determined in accordance with generally accepted accounting principles (but excluding intangibles), in each case which are unencumbered by any mortgage, lien, charge, pledge or security interest; provided, however, that, in determining Unencumbered Total Asset Value for purposes of Section 4.09(d) hereof, all investments by the Issuer and any of its Subsidiaries in unconsolidated joint ventures, unconsolidated limited partnerships, unconsolidated limited liability companies and other unconsolidated entities accounted for financial reporting purposes using the equity method of accounting in accordance with generally accepted accounting principles shall be excluded from Unencumbered Total Asset Value.

  • Consolidated Net Assets means the aggregate amount of assets (less reserves and other deductible items) after deducting current liabilities, as shown on the consolidated balance sheet of the Company and its Subsidiaries contained in the latest annual report to the stockholders of the Company and prepared in accordance with GAAP.

  • Consolidated Assets means, at any date of determination, the total assets of the Borrower and its Consolidated Subsidiaries determined in accordance with GAAP.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.