Gross Assets definition

Gross Assets means the total of fixed assets and current assets;

Gross Assets means, when used with respect to a specified Person, the fair market value of such Person's assets unencumbered by any liabilities.

Gross Assets means the total value of the assets of the Corporation determined as provided in Section 3 below.

Examples of Gross Assets in a sentence

• MAA believes that Gross Assets can be used as a helpful tool in evaluating its balance sheet positions.

• For purposes of this Agreement, the Daily Gross Assets will be determined in a manner consistent with the Trust’s Prospectus.

• The interest of the Policyholder in any Subsidiary or Affiliate that is either non- Consolidated or partially Consolidated (not otherwise insured as an entire entity under any policies issued to any person or entity by the Underwriter) in which the interest of the Policyholder in the Unmodified Gross Assets of such Subsidiary or Affiliate is one percent (1%) or less of the Unmodified Gross Assets of the Policyholder.

• Deeming Unmodified Gross Assets to one billion dollars ($1,000,000,000) is not permitted.

• The Gross Assets will be determined as of the last day of the prior month.

More Definitions of Gross Assets

Gross Assets means (i) the gross book value of the assets of the Company until such time as the Board has established a net asset value of the Company’s assets and (ii) after the Board has established a net asset value of the Company’s assets, the gross asset value of the assets of the Company based on such net asset value determination. The Gross Assets of the Company will be determined on a quarterly basis. For avoidance of doubt, under (i) or (ii), gross book value or gross asset value (as applicable) shall be determined based on the Company’s pro rata ownership interest in the underlying real estate and other assets and liabilities, without regard to GAAP consolidation or equity method accounting principles.

Gross Assets means the total assets and Properties of Holdings and its Subsidiaries less accumulated depreciation, as indicated on the audited balance sheets of Holdings and its Subsidiaries for the fiscal year end immediately prior to the date of any determination.

Gross Assets is defined in Section 9.01.

Gross Assets means the total of fixed assets and current assets according to the latest published audited annual accounts.

Gross Assets means, at any time, the aggregate amount of assets (if appropriate, on a consolidated basis) which would be included as current assets, investments and fixed assets in a consolidated balance sheet of the relevant entity drawn up at such time;

Gross Assets means the total fair value of the Company’s assets at the end of the quarter, other than intangibles and after the deduction of associated allowances and reserves, as determined by the Advisor in its sole discretion. Asset management fees for any partial quarter will be appropriately prorated.

Gross Assets of the Fund means total assets of the Fund, including any form of investment leverage, minus all accrued expenses incurred in the normal course of operations, but not excluding any liabilities or obligations attributable to investment leverage obtained through (i) indebtedness of any type (including, without limitation, borrowing through a credit facility/commercial paper program or other forms of borrowings or the issuance of debt securities), (ii) the issuance of preferred shares or other similar preference securities, and/or (iii) any other means.