Net Liquid Assets definition

Net Liquid Assets means the sum of the Corporation’s cash and cash equivalents and the liquidation value of the Corporation’s other disposable assets, as determined by the Board of Directors in its sole and absolute discretion.
Net Liquid Assets means (i) (a) all cash and cash equivalents, (b) level I assets, (c) all bonds classified as level II assets and restricted equity securities valued at 50% of their freely tradable value, (d) the intrinsic value of level III warrants that are currently exercisable, (e) due from brokers, (f) current account receivables, and (g) prepaid expenses, less (ii) all liabilities, excluding deferred rent payable; all as determined in accordance with GAAP.
Net Liquid Assets means Liquid Assets excluding Restricted Cash or Cash Equivalents.

Examples of Net Liquid Assets in a sentence

  • This percentage is calculated as follows: Net Liquid Assets / (permanent mortgage loans of proposed development + permanent mortgage loans of not yet placed in service projects) > .029If this requirement cannot be met, the applicant may provide confirmation from the equity provider of its acceptance of applicant’s financial capabilities.

  • During the first seven months of 2017, Net Liquid Assets to Deposits rose to 45.7 percent, 5.9 percentage points more than that of the corresponding period in 2016.

  • The purpose of the facility is to assist the Company’s compliance with Adjusted Net Liquid Assets capital requirements which are imposed under its regulatory licence (note 17).

  • This percentage is calculated as follows: Net Liquid Assets / (permanent mortgage loans of proposed development + permanent mortgage loans of not yet placed in service projects) > .029Alternatively, if this requirement cannot be met, the applicant may provide confirmation from the equity provider of its acceptance of applicant’s financial capabilities.

  • This should be kept in mind when filling out the Net Liquid Assets – attachment E (NLA) section of the return.Liquid Assets Assets that are realisable or otherwise convertible to cash within 24 hours Liquid Liabilities Liabilities that may become due and payable within 24 hoursNet Liquid Assets Liquid Assets less Liquid LiabilitiesAs such, this section should not include any assets that relate to assets of a client of the Participant.


More Definitions of Net Liquid Assets

Net Liquid Assets means, as of any date, the total assets of Borrower and its consolidated Subsidiaries (other than RJ Bank) minus, without duplication, (i) Illiquid Assets and (ii) any segregated assets.
Net Liquid Assets means Borrower’s Assets, minus Borrower’s Liabilities.
Net Liquid Assets means the Consolidated Liquid Assets of the Guarantor and its Subsidiaries at such time.
Net Liquid Assets means the difference between (i) the sum of $__________, which represents the value of the Company's inventory as of the Closing Date that was purchased from Parent, plus all payments received after the Closing Date in respect of accounts receivable of the Company, including those accounts receivable assigned by ProHealthCare to the Company pursuant to Section 10.2(m), that were outstanding on the Closing Date ("Accounts Receivable"), minus (ii) the sum of all payments made by the Company, the Surviving Corporation, Parent or any affiliate of any of them after the Closing Date in respect of liabilities of the Company and ProHealthCare that existed as of the Closing Date, including payments pursuant to section 9.5 of this agreement, and the value of all unpaid liabilities (as determined in accordance with generally accepted accounting principles ("GAAP")) of the Company and ProHealthCare that existed as of the Closing Date, plus all financing charges and similar fees incurred, after the Closing Date, by Parent or the Surviving Corporation in connection with the discharge of liabilities of the Company or ProHealthCare that existed as of the Closing Date less any liabilities that were reduced, written off, waived, assumed by ProHealthCare pursuant to an assignment and assumption agreement in the form of Exhibit X- 0 to this agreement or that otherwise will not be payable by the Surviving Corporation. It is understood that to the extent that Parent or Sub incurs debt to satisfy accounts payable of the Company, interest, financing and other actual costs related to such debt will reduce Net Liquid Assets, and, as Accounts Receivable of the Company are collected, collected amounts shall be deemed to reduce the principal of such borrowed funds for purposes of calculating ongoing costs.
Net Liquid Assets means the difference between: (i) Liquid Assets; and (ii) Assumed Liabilities;
Net Liquid Assets means the sum of (i) the Company’s cash and cash equivalents as of the Closing (as included and certified in the Net Working Capital Certificate) and (ii) the Severance Benefits less the sum of (i) any Debt which remains unpaid as of Closing and (ii) any additional Debt which Company incurs between the Agreement Date and the Closing Date which remains unpaid as of the Closing. Net Liquid Assets does not include (i) the amount of any unpaid Transaction Expenses incurred by Company or assumed by Acquirer on behalf of Company.
Net Liquid Assets means the sum of the Corporation’s cash and cash equivalents and the