Net Tangible Asset Value and “NTA” means the value of the Company’s tangible assets less the value of the Company’s liabilities.
Net Tangible Asset Value has the meaning set out in Section 2.2(B).
Net Tangible Asset Value. The net value as of the Closing Date of the sum of (a) the total current assets of the Business (excluding (i) intercompany accounts and (ii) assets of X.X. Xxxxxxxxxx & Co. that do not relate to the Business), (b) the net fixed assets and net purchased software, of the Business and (c) the other non-current assets of the Business (excluding net developed software, net intangibles, and goodwill); less the total liabilities of the Business, each as determined in accordance with GAAP.
Examples of Net Tangible Asset Value in a sentence
For the avoidance of doubt, if the Consolidated Adjusted Net Tangible Asset Value is a negative integer, it shall be deducted from the amount of £25.5 million to arrive at the Purchase Price.
More Definitions of Net Tangible Asset Value
Net Tangible Asset Value means the net asset value less the value of goodwill and other intangible assets;
Net Tangible Asset Value means the excess of the gross tangible asset value over the aggregate of the liabilities of the company as shown in the most recent audited accounts of the company or as certified by the auditor of the company, taking into account the liabilities of any subsidiary (being a subsidiary whose assets are taken into account in determining the gross tangible asset value) as if they were liabilities of the company;
Net Tangible Asset Value means the value of the tangible Assets, less Assumed Liabilities, as determined in accordance with GAAP by Purchaser's Accountants, provided that the value of equipment shall be based on the appraisal (a copy of which is attached hereto as Schedule A-4) heretofore delivered to Purchaser and that all equipment acquired after such appraisal shall be valued at acquisition cost.
Net Tangible Asset Value means the total tangible assets value of the Company less total liabilities (including deferred taxation), which is equal to the shareholders’ equity, which comprises the following:
Net Tangible Asset Value means the assets (excluding the Intangible Assets) minus the liabilities as shown on the Latest Balance Sheet or the Closing Balance Sheet, as the case may be, minus (or plus if such amount is a negative number) the sum of the value shown on the applicable balance sheet of following (to the extent such following
Net Tangible Asset Value means a book value of the net tangible asset of a listed company or a subsidiary company as disclosed in financial statement, as the case may be.