Total Net Worth definition

Total Net Worth. (the amount of owner's or stockholder's ownership in an enterprise) is equal to Total Assets minus Total Liabilities.
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Total Net Worth total assets minus total liabilities as determined by GSB or an agent of GSB, as per the most recent audited and published annual accounts (IFRS or equivalent) with a balance date not older than one year, whereby amounts in other currencies shall be translated into Euro at the exchange rate prevailing at the date of assessment of the Total Net Worth for purposes of this Schedule E.
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Total Net Worth. (the amount of owner’s or stockholder’s ownership in an enterprise) is equal to Total Assets minus Total Liabilities. For the purpose of calculating Total Net Worth of Borrower, following shall be excluded (i) accumulated earnings and unrealized foreign currency translation adjustments applicable to Borrower’s Canadian and European subsidiaries and (ii) all income and losses applicable to foreign currency adjustments for each period but not excluding such foreign currency adjustments for annual periods that must comply with GAAP.
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Examples of Total Net Worth in a sentence

  • Permit Total Net Worth as of the last day of any fiscal quarter to be less than the sum of (i) 85% of the Total Net Worth as of the Closing Date, plus (ii) 75% of net cash proceeds of any issuance or sale of Capital Stock by the REIT after the Closing Date.

  • At all times during the term of the Loan, Borrower shall maintain a ratio of Global Debt to Total Net Worth of not more than 2.50 to 1.00, measured on a quarterly basis as of March 31, June 30, September 30 and December 31 of each calendar year during the term of the Loan, commencing on March 31, 2021.

  • The Borrower shall maintain (i) a Net Debt to Consolidated EBITDA ratio of no greater than 2.5 to 1.0, (ii) a Net Debt to Total Net Worth ratio of no greater than 2.0 to 1.0, and (iii) a Consolidated EBITDA to Consolidated Interest Expense ratio of no less than 3.0 to 1.0, in any case, as tested as of the Calculation Date immediately falling prior to the delivery of each set of financial statements under Sections 5.1(a) and 5.1(b) for the period of twelve (12) months ending on such Calculation Date.

  • Borrowers Total Net Worth as of the December 31, 2007 Financials was $1,862,882 on a consolidated basis.

  • ANNUITANT'S PURPOSE FOR CONTRACT CURRENT FINANCIAL STATUS / / Fund tax-qualified retirement plan Total Annual Income (all sources) $__________________________ /X/ Personal retirement planning Total Net Worth $__________________________ / / Other.


More Definitions of Total Net Worth

Total Net Worth is defined in Schedule E, Paragraph 1;
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Total Net Worth means Total Assets minus Total Liabilities.
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Total Net Worth means the sum of (a) an amount equal to 99% of the members’ equity of the Deconsolidated Balance Sheet of Greystone Select Company II LLC, (b) an amount equal to 60% of the members’ equity of Greystone Select Company LLC, and (c) the net book value of assets and liabilities held directly by the Guarantor and any wholly owned subsidiary of the Guarantor, in each case determined in accordance with GAAP.
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Total Net Worth means total financial assets and non-financial assets less total liabilities.
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Total Net Worth on any date of determination, (a) Total Asset Value on such date minus (b) Consolidated Total Debt on such date.
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Total Net Worth means, at any date, the consolidated shareholders’ equity, determined in accordance with GAAP, of the Company and its Subsidiaries.
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Total Net Worth means for any Person (a) the net book value of all of such Person’s assets; minus (b) all of such Person’s liabilities.
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