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.

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.

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.

Examples of Total Net Worth in a sentence

• Total Net Worth $ Source of Income Salary (Annual) $ Dividends and Interests $ Real Estate Income $ Total Income $ Comments/Clarifications: I ACKNOWLEDGE THAT A FACSIMILY OR ELECTRONIC COPY OF THIS DOCUMENT AND ANY TYPED or ELECTRONIC SIGNATURES SHALL BE CONSIDERED FOR ALL INTENTS AND PURPOSES AS LEGAL AND FULLY BINDING AS IF SIGNED BY HAND.

• Total Value of Plan Annual Income + + + = Cash Securities Real Estate Other (specify) Total Net Worth For Corporations: Annual Income Liquid Net Worth PLEASE INITIAL Customer Acknowledges receipt of JRL Privacy Notice and Business Continuity Plan Disclosure Customer Acknowledges that they have received a complete copy of this Application Document Customer Acknowledges that JRL does not carry Errors & Omission or Malpractice Insurance.

• Total Value of Plan Annual Income + + + = Cash Securities Real Estate Other (specify) Total Net Worth For Corporations: Annual Income Liquid Net Worth PLEASE INITIAL Customer Acknowledges receipt of JRL Privacy Notice and Business Continuity Plan Disclosure Customer Acknowledges that they have received a complete copy of this Application Document Customer Acknowledges receipt of the Client Relationship Summary (Form CRS).

• Bank agrees that it will not declare an Event of Default under the Loan and Security Agreement for the past violations of the Current Ratio, Total Net Worth and Debt to Total Net Worth covenants provided for in the Loan and Security Agreement occurring on or before December 31, 2011.

• Total Value of Plan Annual Income + + + = Cash Securities Real Estate Other (specify) Total Net Worth For Corporations: Annual Income Liquid Net Worth PLEASE INITIAL: Customer Acknowledges receipt of JRL Privacy Notice and Business Continuity Plan Disclosure Customer Acknowledges that they have received a complete copy of this Application Document Customer Acknowledges that JRL does not carry Errors & Omission or Malpractice Insurance.

More Definitions of Total Net Worth

Total Net Worth is defined in Schedule E, Paragraph 1;

Total Net Worth means total financial assets and non-financial assets less total liabilities.

Total Net Worth means Total Assets minus Total Liabilities.

Total Net Worth on any date of determination, (a) Total Asset Value on such date minus (b) Consolidated Total Debt on such date.

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.

Total Net Worth means, at any date, the consolidated shareholders’ equity, determined in accordance with GAAP, of the Company and its Subsidiaries.

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.