Net Book Value of the Acquired Assets definition

Net Book Value of the Acquired Assets. (the "Cash Payment") in immediately available funds transferred to a bank account of Transferor in accordance with instructions delivered to Transferee not later than the business day prior to the Closing, subject to adjustment as provided in Section 4.6(c). Net Book Value shall be calculated as provided in Section 4.3(c).
Net Book Value of the Acquired Assets means, with respect to any date, the net book value of the Acquired Assets (not including Accounts Receivable, Unbilled Revenue or Regulatory Assets) as of such date, less the Assumed Obligations (not including Customer Deposits or Regulatory Liabilities) specified on Schedule 5.5. Other than the Assumed Obligations specified on Schedule 5.5, the Net Book Value of the Acquired Assets will not be adjusted for other Assumed Obligations.
Net Book Value of the Acquired Assets means the net book value -------------------------------------- of the Acquired Assets less the Assumed Obligations specified on Schedule -------- 5.5. Other than the Assumed Obligations specified on Schedule 5.5, the Net --- Book Value of the Acquired Assets will not be adjusted for other Assumed Obligations.

Examples of Net Book Value of the Acquired Assets in a sentence

  • In full consideration for the transfer of the Acquired Assets, but subject to the adjustment, if any, required by Section 3.2, at the Closing, Transferee shall deliver to Transferor cash in the amount equal to the Net Book Value of the Acquired Assets (the “Cash Payment”) in immediately available funds transferred to a bank account of Transferor in accordance with instructions delivered to Transferee not later than the business day prior to the Closing, subject to adjustment as provided in Section 4.4(c).

  • Except for (i) the Liabilities set forth in ----------------------- Schedule 5.6, (ii) Liabilities reflected or reserved against in the Statement of ------------ Net Book Value of the Acquired Assets at March 31, 2005, and (iii) Liabilities incurred after March 31, 2005 that, individually or in a series of related transactions, would not reasonably be expected to result in a Liability of $500,000 or more, Seller has not incurred any Liabilities that will be Assumed Obligations as of the Effective Time.

  • Except for (i) the Liabilities set forth in ----------------------- Schedule 5.6, (ii) Liabilities reflected or reserved against in the Statement of Net Book Value of the Acquired Assets at March 31, 2005, and (iii) Liabilities incurred after March 31, 2005 that, individually or in a series of related transactions, would not reasonably be expected to result in a Liability of $500,000 or more, Seller has not incurred any Liabilities that will be Assumed Obligations as of the Effective Time.

  • In full consideration for the transfer of the Acquired Assets, but subject to the adjustment, if any, required by Section 3.2, at the Closing, Transferee shall deliver to Transferor cash in the amount equal to the Net Book Value of the Acquired Assets (the "Cash Payment") in immediately available funds transferred to a bank account of Transferor in accordance with instructions delivered to Transferee not later than the business day prior to the Closing, subject to adjustment as provided in Section 4.6(c).

  • Attached hereto -------------------------------------------------- as Schedule 5.5 is a statement of the Net Book Value of the Acquired Assets ------------ as of March 31, 2005 (the "Statement of Net Book Value of the Acquired Assets").


More Definitions of Net Book Value of the Acquired Assets

Net Book Value of the Acquired Assets means the net book value ------------------------------------- of the Acquired Assets less the Assumed Obligations specified on Schedule -------- 5.

Related to Net Book Value of the Acquired Assets

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Aggregate Assets means the value of the Sub-Advised Assets and the Other Accounts on the Valuation Date during the applicable calendar month. The values for the Sub-Advised Assets and Other Accounts shall be as reported by the applicable custodian and fund administrator.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;

  • Fair salable value means the amount that could be obtained for assets within a reasonable time, either through collection or through sale under ordinary selling conditions by a capable and diligent seller to an interested buyer who is willing (but under no compulsion) to purchase.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.

  • Excluded Asset Disposition means, with respect to any Consolidated Party, any Asset Disposition consisting of (i) the sale, lease, license, transfer or other disposition of inventory or other assets in the ordinary course of such Consolidated Party's business, (ii) the sale, lease, license, transfer or other disposition of Property no longer used or useful in the conduct of such Consolidated Party's business, (iii) any Involuntary Disposition by such Consolidated Party, (iv) any sale, lease, license, transfer or other disposition of Property by such Consolidated Party to any Credit Party, PROVIDED that the Credit Parties shall cause to be executed and delivered such documents, instruments and certificates as the Agent may reasonably request so as to cause the Credit Parties to be in compliance with the terms of Section 7.12 after giving effect to such transaction, (v) any portion of an Asset Disposition by such Consolidated Party constituting a Permitted Investment, (vi) if such Consolidated Party is not a Credit Party, any sale, lease, license, transfer or other disposition of Property by such Consolidated Party to any Consolidated Party that is not a Credit Party, (vii) the sale or disposition of Cash Equivalents for fair market value, (viii) any sale of accounts receivable in connection with the compromise thereof, (ix) the assignment of past due accounts for collection or (x) the licensing of Intellectual Property to third Persons on customary terms as determined by the licensor's board of directors in good faith; PROVIDED, HOWEVER, that the term "Excluded Asset Disposition" shall not include any Asset Disposition to the extent of the portion of the proceeds of such Asset Disposition that would be required under any Junior Financing Documentation to be applied to permanently retire Indebtedness of the Consolidated Parties.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • 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.

  • Consolidated Net Tangible Assets means total assets (less depreciation and valuation reserves and other reserves and items deductible from gross book value of specific asset accounts under GAAP) after deducting therefrom (i) all current liabilities and (ii) all goodwill, trade names, trademarks, patents, unamortized debt discount, organization expenses, and other like intangibles, all as set forth on the most recent balance sheet of the Company and its consolidated Subsidiaries and computed in accordance with GAAP.

  • Present Fair Saleable Value means the amount that could be obtained by an independent willing seller from an independent willing buyer if the assets (both tangible and intangible) of the applicable Person and its subsidiaries taken as a whole are sold on a going-concern basis with reasonable promptness in an arm’s-length transaction under present conditions for the sale of comparable business enterprises insofar as such conditions can be reasonably evaluated.

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Specified Assets the following property and assets of such Grantor:

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Adjusted Net Book Value means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

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

  • 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.

  • Tangible Assets means assets consisting of land, buildings and plant, machinery and equipment;