Temporary Equity definition

Temporary Equity any amount included on the consolidated balance sheet of the Company and its Subsidiaries at such date as it pertains to (i) the repurchase of the Company's common stock using derivative financial instruments indexed to, and potentially settled in, the Company's own stock and (ii) amounts attributed to the consolidation of special purpose vehicle(s) that are created for the sole purpose of engaging in transactions to effect the Company's repurchase of its own stock.
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Examples of Temporary Equity in a sentence

  • None of the SEC Documents, contained, when filed or, if amended prior to the date of this Agreement, as of the date of such amendment with respect to those disclosures that are amended, any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, except for the Warrant Accounting Issue and the Temporary Equity Issue.

  • Instead, under U.S. GAAP, the estimated redemption amount of the exchangeable shares at the balance sheet date would be included in Temporary Equity on the consolidated balance sheet.

  • The difference between the Trust’s Temporary Equity under U.S. GAAP and Unitholders’ Capital under Canadian GAAP is applied to Accumulated Deficit.

  • Before the renegotiation, the maximum obligation that could be owed if our stock were valued at zero was $13.9 million and was recorded in our consolidated balance sheet as Temporary Equity.

  • Instead, under U.S. GAAP, the estimated redemption amount of the exchangeable shares at balance sheet date would be included in Temporary Equity on the consolidated balance sheet.

  • Financial Statements 3Condensed Consolidated Statements of Comprehensive Loss 5Condensed Consolidated Statements of Operations 4Condensed Consolidated Statements of Cash Flows 8Condensed Consolidated Statements of Changes in Temporary Equity and Shareholders’ Equity (Deficit) 6Item 2.

  • Temporary Equity We classify as temporary equity those securities for which there is the possibility that we could be required to redeem the security for cash irrespective of the probability of such a possibility.

  • In applying EITF D-98 the Trust has recorded Temporary Equity in the amount of $1,431.1 million as at December 31, 2008 and $1,656.2 million as at December 31, 2007 which represents the estimated redemption value of the Trust Units and the exchangeable shares (which are convertible into trust units) at the balance sheet date.

  • Financial Statements (Unaudited) 1Consolidated Balance Sheets 1Consolidated Statements of Income 2Consolidated Statement of Shareholders’ Equity and Temporary Equity 3Consolidated Statements of Cash Flows 4Notes to Consolidated Financial Statements 5Item 2.

  • Temporary Equity: During fiscal 1999, the Company issued 925,000 shares t o consultants whereupon it was subsequently determined that the consultants did not perform under the terms of the related agreements.

Related to Temporary Equity

  • Temporary Notes The Notes specified in Section 2.3 of the Indenture.

  • Temporary Post means a post other than a permanent post.

  • Temporary Position means a position that the Employer has determined will be in excess of thirty (30) calendar days and not more than two (2) years, but which is not a Regular Position. Temporary Positions are intended for staffing of short term projects and interim staffing relief during periods such as the absences of employees or for unexpected and temporary changes in workload. A Temporary Position may be either a new position for the designated period or a temporary vacancy of a Regular Position or of a previously vacated Temporary Position.

  • Temporary domicile means the principal place of abode within Utah of a person who does not have a present intention to continue residency within Utah permanently or indefinitely.

  • Temporary license means a license issued on a short-term basis for a specified time pursuant to subrule 3.5(4).

  • Temporary Work means all temporary works of every kind required in or about the execution, completion and maintenance of the works.

  • Temporary Employees means those employees hired to replace regular employees absent due to illness, accident, vacation, leave of absence, etc., or hired to perform work on projects or assignments of limited duration. The employment of temporary employees hired to perform work on projects or assignments of limited duration shall be limited to a period of ninety (90) days of work in any twelve (12) month period, commencing from the date of hire or commencement of employment in such period. The period of employment for temporary employees hired for all other purposes shall be limited to twelve (12) months. A project or assignment of limited duration shall not exceed eighteen (18) weeks’ duration in any twelve (12) month period. Any projects or assignments of limited duration in excess of that provided for herein will be posted.

  • Temporary Vacancy a vacancy in a position caused by the regularly assigned employee being absent from duty or temporarily assigned to other duties.

  • Temporary use means a use or structure on improved or unimproved real estate which is of impermanent nature, and is used for less than ninety days in a calendar year.

  • Temporary Teacher means a Teacher employed to work full-time or part-time for a specified period, which is greater than four school weeks. A Teacher may be employed as a Temporary Teacher in the following circumstances:

  • temporary sales office means a building, structure, facility or trailer on the lot used for the purpose of the sale of dwelling units to be erected on the lot.

  • Temporary Investments shall have the meaning set forth in the Partnership Agreement.

  • Temporary worker means a person who is furnished to you to substitute for a permanent "employee" on leave or to meet seasonal or short-term workload conditions.

  • temporary licence means a Licence granted under the Act valid for a single day or for such period as may be specified in the Licence not exceeding six months.

  • Temporary Works means all temporary works of every kind required in or about the execution, completion or maintenance of works.

  • Temporary Cash Investments means any of the following:

  • Temporary Structure means any structure that is apparently temporary in nature;

  • Temporary Cash Investment means any of the following:

  • temporary building means a Building designed or constructed, erected or placed on land and which is demolished or removed from the lands within twelve months of Building Permit issuance;

  • Regulation S Temporary Global Note is exchangeable in whole or in part for one or more Global Notes only (i) on or after the termination of the 40-day restricted period (as defined in Regulation S) and (ii) upon presentation of certificates (accompanied by an Opinion of Counsel, if applicable) required by Article 2 of the Indenture. Upon exchange of this Regulation S Temporary Global Note for one or more Global Notes, the Trustee shall cancel this Regulation S Temporary Global Note.

  • Temporary sign means a sign not permanently fixed and not intended to remain fixed in one position;

  • Temporary Global Note means a global note in the form or substantially in the form set out in Part 1 of Schedule 6 together with the copy of the applicable Final Terms attached to it with such modifications (if any) as may be agreed between the Issuer, the Agent and the relevant Dealer, comprising some or all of the Notes of the same Series issued by the Issuer under the Programme Agreement or any other agreement between the Issuer and the relevant Dealer;

  • Temporary job site means a location where any of the following occur:

  • Temporary Closure means ceasing operation of all or part of a facility with the intent of reusing the facility or portion of the facility at a future date.

  • Temporary housing means any tent, trailer, motor home, or other structure used for human shelter which is designed to be transportable and which is not attached to the ground, to another structure, or to any utilities system on the same premises for more than thirty (30) days.

  • temporary resident means a person who, in accordance with standards prescribed in rules adopted by the registrar, resides in this state on a temporary basis.