Net Tangible Book Value definition

Net Tangible Book Value means the net tangible book value of the Company and its subsidiary on a consolidated basis, calculated as total assets less intangible assets and total liabilities excluding intangible liabilities, as shown on the Company’s consolidated balance sheet as of the date that is the last day of the calendar month immediately preceding the delivery of the Exercise Notice, as certified to PCE in writing together with all relevant financial information necessary to support such determination; provided, that, for a period of five (5) business days following the certification of Net Tangible Book Value, PCE may elect to revoke its exercise of the Option, in which event the Option will remain outstanding and exercisable for the remaining Option Term as if PCE had not delivered an Exercise Notice.
Net Tangible Book Value means the total net tangible assets reflected on the December 31 Balance Sheet less an amount equal to (i) the total liabilities reflected on the December 31 Balance Sheet, plus (ii) the January Payment. "Net Asset Payments" means all of the payments due to the Company Stockholders under this Section 3.1(b). "Bear Stearns Payment" shall mean an amounx xxxxx to the lesser of (i) all indebtedness outstanding under that certain line of credit among Bear Stearns, Pruitt and Hill (the "Existxxx Xxxe xx Xxxdit"), xxcluding without limitation, all principal, interest, fees and other amounts due under that certain promissory note dated November 3, 2000 among Hill, Pruitt and Bear Stearns (the "Promisxxxx Xote"), and (xx) xhe January Payment.
Net Tangible Book Value as of any date means the net book value of total assets less current liabilities of the Company after the elimination of any net inter-company balances due from or owing to SBI. "Purchase Price" means the Closing Payment plus or minus the Additional Payment plus the Holdback Amount.

Examples of Net Tangible Book Value in a sentence

  • Sample Calculation: Net Tangible Book Value per Share = Net Tangible Assets:$827,115Less Total Liabilities:$684,260Net Tangible Book Value:$142,855Shares Outstanding (Before Offering):524,920$142,855/524,920 =$0.27/share PREFERRED STOCK.

  • Net Tangible Book Value Dilution (per share) (per share) Percentage of theAfter the Increase Equity of the Issuer If all securities offered are being purchased directly by the underwriters, the information listed in the above table may be supplied in the text.

  • Sample Calculation: Net Tangible Book Value per Share = Net Tangible Assets:$827,115Less Total Liabilities:$684,260Net Tangible Book Value:$142,855Shares Outstanding (Before Offering):524,920$142,855/524,920 =$0.27/share PREF ERRED S TOCK.

  • Investors in This Offering Will Experience Immediate and Substantial Dilution in Net Tangible Book Value.

  • The Net Tangible Book Value without the adjustment is equal to -$1,544,113.(3) 1,423,361 shares have already been issued.(4) This amount represents the commission paid to Dalmore Group, which is 1% of the aggregate amount raised by Dalmore Group on sales of Series D Preferred Stock.(5) On April 20, 2021, the Company increased the per share price of its Series C Preferred Stock from $17.16 to $20.59.(6) This amount represents the commission paid to SeedInvest.


More Definitions of Net Tangible Book Value

Net Tangible Book Value as of the Measurement Date shall mean total consolidated shareholders equity less intangible assets, all as shown on the Measurement Date Balance Sheet.
Net Tangible Book Value means the total amount of all assets less (a) the total amount of all intangible assets and (b) all liabilities, all as shown on an audited closing balance sheet to be included in audited closing financial statements to be prepared by PricewaterhouseCoopers as the auditors of the Partnership, MMI and Canacermex consistent with generally accepted accounting principles used by such entities and which shall include a schedule setting forth the Net Tangible Book Value as of the Closing Date;
Net Tangible Book Value means, at any date, all amounts that would, on a consolidated basis and in conformity with GAAP, represent total assets (excluding deferred policy acquisition costs), less intangible assets, reduced by our total liabilities.
Net Tangible Book Value means all of the tangible net assets of the Subsidiaries less all of the liabilities of the Subsidiaries set forth on the unaudited balance sheets of the Subsidiaries as of the Closing Date (the "Closing Balance Sheets"), determined using GAAP, consistently applied by Seller. The parties agree that the Final Net Tangible Book Value calculation shall specifically (i) exclude all Excluded Assets and all assets and liabilities associated with the Excluded Businesses and the Retained Music Business, (ii) exclude all intercompany payables and receivables to or from Seller and Affiliates of the Seller which shall be written-off, distributed to or purchased by Seller (as Seller may determine) or assumed by Seller, as the case may be, prior to the Closing and (iii) include the reserves referred to in Part 2.3(a) of the Disclosure Letter.
Net Tangible Book Value means, as of a given date, an amount equal to EPB’s members’ equity, less: (a) inter-company receivables, (b) goodwill, and (c) all other intangible assets, as determined in accordance with the accounting policies of EPB as applied historically and on a consistent basis and, to the extent not inconsistent therewith, with GAAP; provided, however, that if the Closing has not occurred on or prior to July 31, 2007, there will be no reduction in Net Tangible Book Value resulting from depreciation for the period from August 1, 2007 through and including the Closing Date.
Net Tangible Book Value means an amount equal to the Company's (a) total assets (net of reserves), minus (b) the sum of (i) intangible assets, including goodwill and any other item treated as an intangible asset under GAAP, (ii) all liabilities and (iii) the par value of preferred stock.