Net Book Value of the Company definition

Net Book Value of the Company means the amount as of the Effective Time by which the total book value of the assets of the Company exceeds the total book value of the Liabilities of the Company, as determined in accordance with Philippines Financial Accounting Standards.
Sample 1Sample 2
Net Book Value of the Company means the current assets of the Company (net of allowances for doubtful accounts and accumulated depreciation) minus the current liabilities of the Company as shown on the applicable balance sheet of the Company, calculated in accordance with GAAP. “Option” with respect to any Person means any security, right, subscription, warrant, option, “phantom” stock right or other Contract that gives the right to (i) purchase or otherwise receive or be issued any shares of capital stock of such Person or any security of any kind convertible into or exchangeable or exercisable for any shares of capital stock of such Person or (ii) receive or exercise any benefits or rights similar to any rights enjoyed by or accruing to the holder of shares of capital stock of such Person, including any rights to participate in the equity or income of such Person or to participate in or direct the election of any directors or officers of such Person or the manner in which any shares of capital stock of such Person are voted. “Order” means any writ, judgment, decree, injunction or similar order of any Governmental or Regulatory Authority (in each such case whether preliminary or final). “Patents and Trademarks” has the meaning ascribed to it in Section 2.17. “PBGC” means the Pension Benefit Guaranty Corporation established under ERISA. “Pension Benefit Plan” means each Benefit Plan which is a pension benefit plan within the meaning of Section 3(2) of ERISA.
Sample 1Sample 2
Net Book Value of the Company means the total assets of the Company (net of allowances for doubtful accounts and accumulated depreciation) minus (i) the book value of the Race Car Assets as set forth on Annex I hereto, if included in the total assets, and (ii) the Liabilities of the Company as shown on the applicable balance sheet of the Company calculated in accordance with GAAP.
Sample 1

Examples of Net Book Value of the Company in a sentence

  • To illustrate application of this formula, pro forma calculations of the Tangible Net Book Value of the Company as of September 30, 2014, and of the resulting Purchase Price Per Share as of that date, are set forth in Exhibit B attached hereto.

  • To the extent any such asset is identified and transferred from the Company and such asset was included in the calculation of the Net Book Value of the Company pursuant to this Agreement, the Seller agrees to promptly reimburse the Purchaser for the value attributed to such asset in the calculation of the Net Book Value of the Company.

  • The purchase price is equal to the Closing Net Book Value of the Company, as derived from the Closing Balance Sheet (the “Purchase Price”).

  • Before the programme, HI had not implemented an unconditional cash transfer programme to support livelihoods; through the programme it has developed significant expertise, innovatively applied its targeting methodology (DVFP), improved tools and processes, and secured funding to assist a total of 2826 vulnerable households, with further funding from DFID and ECHO,53 and a programme in Lebanon.

  • Upon receipt of the Closing Balance Sheets, the Shareholders Representative shall have thirty (30) days (the "Review Period") to review the Closing Balance Sheets and related computations of the Net Book Value of the Company on June 30, 2006 and the Closing Date.

  • Both Owners agree that once the auction has been instituted that they shall sell their Percentage Interests in the Company at the highest bid given in the auction, provided that the bid is worth more than fifty (50%) of the Net Book Value of the Company at that time.

  • Looking further into the future, significant reductions in energy consumption are more likely to come from alternative system designs that place different requirements on the function of the circulator:• Direct Electrical heating systems.

  • In the event that the offer is less than ninety percent (90%) of the Net Book Value of the Company, there will be no obligation on the part of the Disagreeing Owner to comply with this Section 7.2.2. Each offer required to be made pursuant to this Section 7.2.2 shall be made by a written notice, and which shall set forth the name or names of the proposed purchaser, the payment of the purchase price which shall be all cash and the scheduled date of consummation of such proposed sale.

  • The Estimated Consideration has been determined based on the assumption that the increase in Net Book Value of the Company and its Subsidiary for the period from December 31, 1999, to the Closing Date would be $1,448,000.

  • In the event the audit discloses that the Net Book Value of the Company is materially less (i.e., a difference of 2% or greater than the net book value used in calculating the Purchase Price set forth Section 3 hereof), then Seller shall deduct forty-nine percent (49%) of such difference in the Net Book Value (the "NBV Difference") from the amounts payable by Brightstar to Seller pursuant to Sections 7(c)(iii) and (iv) hereof.


More Definitions of Net Book Value of the Company

Net Book Value of the Company means the net value of the assets of the Company, equal to the original cost of the assets minus the depreciation and amortization, as set forth on the consolidated financial statements of the Company which are (x) complete and correct in all material respects and present fairly the financial condition and position of the Company as of their respective dates, (y) prepared in accordance with the Hong Kong Financial Reporting Standards applied on a consistent basis, and (z) audited and certified by a “big four” accounting firm or other independent certified public accountant acceptable to the Investor.
Sample 1
Net Book Value of the Company means the total assets of the Company (net of allowances for doubtful accounts and accumulated depreciation) minus the total liabilities of the Company as shown on the applicable balance sheet of the Company, calculated in accordance with the Company's historical practice with respect to the preparation of its financial statements, including the December 31 Balance Sheet.
Sample 1
Net Book Value of the Company means the excess of the Company's total assets over the Company's total liabilities, calculated on a pro forma basis after giving effect to the Asset Transfers, determined in accordance with the accounting principles applied by the Company in the September 30 Pro Forma Balance Sheet, as modified by the adjustments set forth on Schedules 1.1(a) and (b), as applicable on a line-item basis.
Sample 1

Related to Net Book Value of the Company

  • 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;

  • 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.

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • Adjusted Book Value means, as of a particular date, the Book Value on such date, subject to the following adjustments, each of which shall have been derived from the Company’s IFRS financial statements for the period ended on such date (or, if not derivable from such financial statements, shall be determined in good faith by the Company), but reduced by the amount of the federal income tax applicable thereto:

  • 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.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • Retail value of a prize means:

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • 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.

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case, held or owned by, or credited to, the account of the Borrower and its Subsidiaries (including non-wholly owned Subsidiaries and Permitted J/Vs).

  • Annualized Operating Cash Flow means, for any period of three complete consecutive calendar months, an amount equal to Operating Cash Flow for such period multiplied by four.

  • Consolidated Current Assets means, as at any date of determination, the total assets of Company and its Subsidiaries on a consolidated basis which may properly be classified as current assets in conformity with GAAP, excluding Cash and Cash Equivalents.

  • Consolidated Total Asset Value means, without duplication, as of any date of determination, for the Consolidated Parties on a consolidated basis, the sum of: (a) the Operating Property Value of all Real Properties (other than Development/Redevelopment Properties); (b) the amount of all Unrestricted Cash; (c) the book value of all Development/Redevelopment Properties, mortgage or real estate-related loan assets and undeveloped or speculative land; (d) the contract purchase price for all assets under contract for purchase (to the extent included in Indebtedness); and (e) the Borrower’s applicable Unconsolidated Affiliate Interests of the preceding items for its Unconsolidated Affiliates.

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of:

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

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

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Consolidated Total Liabilities means total liabilities and all mandatorily redeemable preferred stock of Borrower and its Restricted Subsidiaries, on a consolidated basis, all as determined in accordance with GAAP.

  • Consolidated Total Assets means, at any time, the total assets of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis, as set forth or reflected on the most recent consolidated balance sheet of the Borrower and its Consolidated Subsidiaries, prepared in accordance with GAAP.

  • Consolidated Equity means and refers to, as of the end of any period of determination, the sum, without duplication, of (i) Consolidated Tangible Net Worth of HDFS, (ii) preferred stock and (iii) Subordinated Indebtedness.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • 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.