Net Fixed Assets definition

Net Fixed Assets means, as of any date of determination, the net property, plant and equipment of the Consolidated Companies determined in accordance with GAAP and as reflected on the balance sheet of Intermet.

Net Fixed Assets means, as of any date of determination, the cost of fixed assets of the Borrower and its Subsidiaries minus depreciation expense incurred with respect thereto as of such date of determination, determined on a consolidated basis in accordance with GAAP.

Net Fixed Assets. ‌ means cost of Fixed Assets less Depreciation calculated in accordance with Section B of Schedule 2.‌

Examples of Net Fixed Assets in a sentence

• Current Assets (e.g., cash, joint venture accounts, accounts receivable, notes receivable, accrued income, deposits, materials inventory and prepaid expenses); Net Fixed Assets; Other Assets;Current Liabilities (e.g., accounts payable, notes payable, accrued expenses, provision for income taxes, advances, accrued salaries and accrued payroll taxes); Other Liabilities (e.g., capital, capital stock, authorized and outstanding shares par values, earned surplus and retained earnings).

• Current Assets (e.g., cash, joint venture accounts, accounts receivable, notes receivable, accrued income, deposits, materials inventory and prepaid expenses); Net Fixed Assets; Other Assets; Current Liabilities (e.g., accounts payable, notes payable, accrued expenses, provision for income taxes, advances, accrued salaries and accrued payroll taxes); Other Liabilities (e.g., capital, capital stock, authorized and outstanding shares par values, earned surplus and retained earnings).

• Invested in Capital Assets balances will follow the Net Fixed Assets that are owned by an AMPs or Departments.

• Invested in capital assets will be distributed between the Indirect Cost Departments and the PHA Managed AMPs based on where the Net Fixed Assets is distributed.

• The following instructions provide guidance on how to calculate Net Fixed Assets, where the amount may be located on the organization’s IRS return, and whether that amount should be adjusted to include only those fixed assets used for charitable purposes.

More Definitions of Net Fixed Assets

Net Fixed Assets means the fixed assets of Seller, net of accumulated depreciation, as determined in accordance with GAAP.

Net Fixed Assets means at any time, with respect to a Primary Obligor the aggregate net book value of such Primary Obligor’s fixed assets, in each case as determined in accordance with GAAP and by reference to the most recent financial statements for such Primary Obligor delivered under Clause 19.1(a) or (b) (Financial Statements).

Net Fixed Assets. The excess, as to any corporation of (1) the value as reflected on the books of account of such corporation of Fixed Assets, taken at their cost, over (2) the value at such date of all depreciation, amortization, retirement and other valuation reserves with respect thereto, as determined in accordance with generally accepted accounting principles consistently applied.

Net Fixed Assets means the fixed assets of Seller on the books and records of the Company on the date hereof, net of accumulated depreciation, as determined in accordance with GAAP.

Net Fixed Assets means’ the aggregate non-current assets excluding all intangible assets.

Net Fixed Assets the aggregate amount of assets which at any time would be reflected as Net Fixed Asssets of the Co-Borrowers (taken as a whole) on a Consolidated balance sheet of the Co-Borrowers prepared in accordance with Accounting Principles;

Net Fixed Assets means, as of any date of determination, the net property, plant and equipment of the Consolidated Companies determined in accordance with GAAP and as reflected on the balance sheet of the Company.