Fixed Asset Value definition

Fixed Asset Value means the value assigned to a particular Fixed Asset, as set forth on Schedule 1.01(b).

Fixed Asset Value means Eleven Million Dollars ($11,000,000).

Fixed Asset Value means the net book value of fixed assets less any equipment lease obligations.

Examples of Fixed Asset Value in a sentence

• It may be noted that the Commission in its past orders had considered equity base for the transmission and distribution business as 30% of the Gross Fixed Asset Value and as such the same is considered here for the purpose of calculation of RoE.

• Each of the properties included by the Borrower in the calculation of Aggregate Unencumbered Fixed Asset Value satisfies all of the requirements contained in the definition of Unencumbered Lease Property.

• Each of the properties included by the Company in the calculation of Aggregate Unencumbered Fixed Asset Value (as defined in this Agreement on the date of Closing) satisfies all of the requirements contained in the definition of Unencumbered Lease Property.

• Each of the properties included by the Company in the calculation of Aggregate Unencumbered Fixed Asset Value satisfies all of the requirements contained in the definition of Unencumbered Lease Property.

• For the purposes of this paragraph, Adjusted Turnover shall be an amount equal to the Turnover less the extent to which Fixed Asset Value is below (Pounds)900,000 and less the extent to which Net Current Asset Value is a negative number (each to be determined as specified below), subject to a maximum of (Pounds) 15,750,000.

More Definitions of Fixed Asset Value

Fixed Asset Value means with respect to JCIC, $23,644,068 and with respect to JEC, $1,355,932.

Fixed Asset Value means the sum of (i) Three Million Five Hundred Thousand Dollars and No Cents ($3,500,000.00) minus (ii) the product of (A) Five Hundred Thousand Dollars and No Cents ($500,000.00) times (B) the number equal to the number of complete calendar years that have passed since the date hereof; provided, however, that the Fixed Asset Value shall not be less than zero.

Fixed Asset Value means the aggregate amount of the net book value fixed assets of the Company and ODL as shown in the Accounts;

Fixed Asset Value means an amount, not less than zero, equal to the book value of any property, plant and equipment (which, for the avoidance of doubt, shall include Cushion Gas) of any Loan Party as reflected on the financial statements most recently delivered pursuant to Section 6.01.

Fixed Asset Value means (a) from the date hereof until the earlier of (i) the date on which Agent receives consents necessary to mortgage all properties owned by Addixxxxx Xxxing (other than Big Sandx) xxd completes its title due diligence on the Bowie No. 1 mineral lease and (ii) December 31, 1998, $11,000,000; and (b) if the foregoing is completed prior to December 31, 1998, from the date of such completion until December 31, 1998, $15,000,000, and (c) thereafter, zero.

Fixed Asset Value means, at any time with respect to any Borrower, the sum of (a) the lesser of (i) up to 75% of the Dollar Equivalent of the Loan Value at such time of Eligible Equipment of such Borrower determined by reference to the Initial Appraisals and (ii) up to 75% of the Dollar Equivalent of the Loan Value at such time of Eligible Equipment of such Borrower determined by reference to the most recent Updated Appraisal, if applicable and (b) the lesser of (i) up to 50% of the Dollar Equivalent of the Loan Value at such time of Eligible Real Property of such Borrower determined by reference to the Initial Appraisals and (ii) up to 50% of the Dollar Equivalent of the Loan Value at such time of the Eligible Real Property of such Borrower determined by reference to the most recent Updated Appraisal, if applicable.

Fixed Asset Value means, as of any date of determination and without duplication, the lower of the aggregate net book value (based on a FIFO or a moving average cost valuation, consistently applied) or fair market value (determined on the basis of the most recent appraisal acceptable to the Bank) of all equipment, fixtures and real estate owned by the U.S. Borrower and its Domestic Subsidiaries less appropriate reserves determined in accordance with Generally Accepted Accounting Principles but excluding in any event (i) any such asset which is (a) not subject to a perfected, first priority lien in favor of the Bank to secure the Obligations or (b) subject to any other lien not permitted hereunder, (ii) any such asset which is not in good condition or fails to meet standards for sale or use imposed by governmental agencies, departments or divisions having regulatory authority over such assets, (iii) any such asset located outside of the United States, (iv) any such asset which is leased or on consignment, and (v) any such asset which fails to meet such other specifications and requirements as may from time to time be established by the Bank in its reasonable discretion;