Net Other Assets definition

Net Other Assets means the excess of Certain Other Assets over Certain Other Liabilities (as such terms are hereinafter defined).
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Net Other Assets means, as of the date of determination, that positive or negative amount equal to the difference between the fair market value of the Company's total assets, other than any Capital Trust Shares, and the sum of (i) the Company's total liabilities, other than Convertible Notes or Convertible Notes Redemption Debt, and (ii) the amount of a reasonable reserve determined by the Managing Members.
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Net Other Assets means Trizec Canada’s assets and liabilities other than its interest in Trizec Properties, which consist primarily of cash and marketable securities;
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Examples of Net Other Assets in a sentence

  • The Net Other Assets (Liabilities) category may include, but is not limited to, repurchase agreements, reverse repurchase agreements, security lending collateral, forward foreign currency contracts, and cash collateral.

  • Low Low to medium Medium Mediumto high HighTotal number of investments: 96 Investment mix (%) (November 30, 2017)77.3 Global Bonds13.9 Cash and Cash Equivalents5.7 Supranational Bonds1.6 Canadian Corporate Bonds0.7 U.S. Corporate Bonds0.6 Canadian Provincial Bonds0.2 Net Other Assets (Liabilities)For more information about the risk rating and specific risks that canaffect the Fund’s returns, see “What Are the Risks of Investing in the Fund?” in the Fund’s Simplified Prospectus.

  • Technology 31.7 Health 13.5 Energy 10.8 Utilities 8.8 Finance 6.5 Asset Allocation as of June 30, 2000 % of fund's net assets * Stocks and Equity Futures 92.0% Short-Term Investments and Net Other Assets 8.0% * Foreign investments 4.7% Semiannual Report Fidelity Variable Insurance Products: Mid Cap Portfolio Fund Talk: The Manager's Overview(Portfolio Manager photograph) An interview with David Felman, Portfolio Manager of Mid Cap Portfolio Q.

  • Net Other Assets on the other hand increased from N800, 146 billion in 2013 to N1.081 trillion naira in 2014.

  • Based on the aforementioned calculations, to the extent that Net Other Assets was greater than zero, the purchase price would be adjusted upward by that amount.

  • That calculation resulted, in part, in a downward adjustment of the Net Other Assets purchase price adjustment in the amount of$370,235 and a downward adjustment of the Average Operating Income purchase price adjustment in the amount of $1,566,524, for a total downward adjustment to the purchase price of $1,936,759.The $1,566,524 figure for the downward adjustment was arrived at by Marvel as follows.

  • If the aggregate amount of the Net Other Assets of 330 Madison as of the close of business on the day preceding the Closing Date is less than $6,040,000, then, notwithstanding the provisions of Section 2(e) hereof, the Contributors shall cause the Partnership to have cash at Closing in an amount equal to 24.75% of the amount by which the Net Other Assets are less than $6,040,000.

  • The $30.97 component of the Arrangement Consideration represents $29.01 attributable to Trizec Properties Common Stock that Trizec Canada and its subsidiaries own plus an additional $1.96, which represents the agreed value of Trizec Canada’s Net Other Assets.

  • TOP 10 HOLDINGS (%) SECTOR WEIGHTS (%) ASSET ALLOCATION (%) Apple, Inc.7.04 Information Technology28.98 U.S. Equity95.72Microsoft Corp.6.84 Health Care13.31 International Equity2.24Amazon.com, Inc.3.13 Consumer Discretionary11.90 U.S. Equity Funds1.84Alphabet, Inc., Class C2.83 Financials10.96 Net Other Assets (Liabilities)0.20Alphabet, Inc., Class A2.13 Communication Services10.39 U.S. allocations may include U.S. territories and Meta Platforms, Inc., Class A2.02 Industrials7.73 possessions.

  • The amount of Net Other Assets held by Seller immediately prior to the Effective Time shall not be less than $17,702,000.


More Definitions of Net Other Assets

Net Other Assets means cash plus any billed and collectable receivables, plus prepaid expenses, less all accrued expenses, accounts payable, security deposits and prepaid rents, in each case as of the Closing Date. If the Net Other Assets amount is positive, Purchaser shall promptly pay 12% of such amount as a post-closing adjustment to the Purchase Price and its capital contributions to the Company shall be amended to reflect that additional contribution. If the Net Other Assets amount is negative, then (x) the Company shall promptly refund 12% of such shortfall in cash to Purchaser as a post-closing adjustment to the Purchase Price and its capital contributions to the Company shall be amended to reflect such reduction and (y) Parent shall promptly pay and contribute 12% of such shortfall in cash to the Company. In addition to any other remedies available at law or hereunder, (i) if the Parent fails to pay any post-closing amounts due hereunder, any distributions that would otherwise have been paid to Parent under the terms of the Company’s operating agreement shall be retained by the Company up to the amount of the shortfall and (ii) if the Purchaser fails to pay any post-closing adjustment due hereunder, the Company shall redirect any distributions that would otherwise go to Purchaser up to the amount of the shortfall to the Parent and such amounts shall be deemed to be capital contributions to the Company by the Purchaser.
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Net Other Assets are defined as Golden Trust’s Total Current Assets less total Liabilities as set forth in the Closing Acquisition Balance Sheet, as hereinafter defined, up to a maximum of RMB 6,000,000 (approximately US $1,000,000). The “Closing Acquisition Balance Sheet is defined as Golden Trust’s balance sheet as of the end of the month prior to the Closing Date. If the Net other assets of Golden Trust as set forth in the Closing Acquisition Balance Sheet exceed RMB 6,000,000, Golden Trust shall distribute to its shareholders Current Assets in an amount equal to such excess. The Parties shall agree on the specific assets that Golden Trust may distribute under this section. Also, if any of Golden Trust’s Current Assets included on the Closing Acquisition Balance Sheet are impaired, uncollected or written off within one year of the Closing Date, the Purchase Price shall be reduced by 72.5% of such reduction and Party B shall return to CDII a number of its shares of common stock equal to such amount based on the exchange rate and stock price for the CDII common stock set forth below. The following is an example of how the purchase Price may be computed assuming Net Other Assets equals RMB 6,000,000: Gross Amount (RMB) Net Amount (RMB) Base Price (including Appraisal Value and the Spare Parts Value) 75,000,000 54,375,000 Target Company Net Other Assets 6,000,000 4,350,000 Total Estimated Purchase Price 81,000,000 58,725,000 The Purchase Price is payable as set forth in Section 4.2 below. In this Contract, the exchange rate shall be equal to the U.S. dollar to Renminbi exchange rates authorized by the China Foreign Exchange Trading Center and published by the People’s Bank of China on the day prior to the date this Contract is signed (on August 29, 2011, the exchange rate is 6.3883). The CDII stock price for purposes of computing the number of shares of CDII common stock to be issued as partial payment for the Purchase Price shall be the average closing price ($0.946) of CDII’s common stock on the Nasdaq Stock Market during the 10 trading days from August 15, 2011 to August 26, 2011.
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Related to Net Other Assets

  • Other Assets means any assets (or interests therein) (other than the Trust Estate) conveyed or purported to be conveyed by the Seller to another Person or Persons other than the Issuer, whether by way of a sale, capital contribution or by virtue of the granting of a lien.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Independent Assets or Operations means, with respect to any Parent Company, that Parent Company’s total assets, revenues, income from continuing operations before income taxes and cash flows from operating activities (excluding in each case amounts related to its investment in the Borrower and the Restricted Subsidiaries), determined in accordance with GAAP and as shown on the most recent balance sheet of such Parent Company, is more than 3.0% of such Parent Company’s corresponding consolidated amount.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • 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.

  • Reference Assets means the underlying interest contained in the Reference Portfolio, and “Reference Asset” means each of the Reference Assets.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Current Assets means, as of any applicable date, all amounts that should, in accordance with GAAP, be included as current assets on the consolidated balance sheet of Borrower and its Subsidiaries as at such date.

  • Total Consolidated Assets means, at any time, the total assets appearing on the most recently prepared consolidated balance sheet of the Company and its Consolidated Subsidiaries as of the end of the most recent fiscal quarter of the Company and its Consolidated Subsidiaries for which such balance sheet is available, prepared in accordance with GAAP.

  • 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:

  • Replacement Assets means (1) tangible non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

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

  • 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.

  • Dispositions has the meaning specified in Section 7.02(b).

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • surplus assets means any assets of the Company that remain after paying all debts and other liabilities of the Company, including the costs of winding up.

  • Minority Interests means any shares of stock of any class of a Subsidiary (other than directors' qualifying shares as required by law) that are not owned by the Company and/or one or more of its Subsidiaries. Minority Interests shall be valued by valuing Minority Interests constituting preferred stock at the voluntary or involuntary liquidating value of such preferred stock, whichever is greater, and by valuing Minority Interests constituting common stock at the book value of capital and surplus applicable thereto adjusted, if necessary, to reflect any changes from the book value of such common stock required by the foregoing method of valuing Minority Interests in preferred stock.

  • Minority Interest means the percentage interest represented by any class of Capital Stock of a Restricted Subsidiary that are not owned by the Company or a Restricted Subsidiary.

  • Assets has the meaning set forth in Section 2.1.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

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

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