Value Adjusted Equity definition

Value Adjusted Equity means Value Adjusted Total Assets less Total Debt.
Value Adjusted Equity has the meaning given to that term in Clause 20.1 (Financial definitions).
Value Adjusted Equity means the amount which is equal to the Value Adjusted Total Assets of the Borrower less the total liabilities of the Borrower as shown in the Borrower’s latest balance sheet delivered pursuant to Clause 10.2.3 of this Agreement.

Examples of Value Adjusted Equity in a sentence

  • Definitions: Equity Ratio: means the ratio of Value Adjusted Equity to Value Adjusted Total Assets.

  • In connection with the Bond Issue, the Company summoned to a bondholders’ meeting with the purpose of aligning the financial covenants with the nature of the Company’s business introducing inter alia the Market Value Adjusted Equity Ratio covenant.

  • The Dan Swift Cover Ratio was at 1.76:1.00, above the threshold of 1.75:1.00, the Value Adjusted Equity Ratio was 53%, above the threshold of 30%, and the Liquidity was USD 27,500,000, above the threshold of USD 5,000,000.

  • The Minimum Value Adjusted Equity Ratio of the Guarantor (on a consolidated basis) was [•].

  • Coverage Ratio / Liquidity: Value Adjusted Equity Ratio: The Issuer shall ensure that the Group on a consolidated basis on the last day of any fiscal quarter maintain either:(i) A Coverage Ratio of minimum 2.00:1.00 until 1 January 2010 and minimum 2.50:1:00 thereafter; or(ii) Cash and cash equivalents plus available and unused commitments under any credit lines (in excess of 6 months) of the Group in an amount of no less than NOK 300,000,000.


More Definitions of Value Adjusted Equity

Value Adjusted Equity means in respect of the Borrower, the aggregate value, calculated on the last day of each calendar quarter and presented to the Bank no later than 60 days after each such date, of (i) yearly (on a 12 months rolling basis) profit from operations less royalty to shareholders in Nopal AS multiplied by 10, and
Value Adjusted Equity means the aggregate amount of the Group’s Value Adjusted Assets less Total Liabilities.
Value Adjusted Equity means Value Adjusted Total Assets less Total Liabilities.
Value Adjusted Equity means the consolidated book value of equity adjusted to take into account any Excess Value.
Value Adjusted Equity. Value Adjusted Total Assets less total liabilities outstanding. Newbuilding contracts and liabilities and financial leases and bareboat arrangements are to be included in the calculation.
Value Adjusted Equity means, in respect of the Borrower, AS Wangs Fabrik and the Guarantor on consolidated basis, the sum of (1) the value at any time of their aggregate shares of class B in Alpharma Inc., provided that the value of each share of class B shall be equal to the bid price at such time of one share of class A as noted on the New York Stock Exchange, (2) the consolidated operating result of the Nopal AS group for the latest 12 months multiplied by 10 and (3) the value of the property Harbitzalleen 3/5, such value at any time to be fixed at USD 5,000,000.