Consolidated Adjusted Net Worth definition

Consolidated Adjusted Net Worth means, as of any date of determination thereof, the Consolidated Net Worth less the total amount of all Restricted Investments in excess of 20% of Consolidated Net Worth, each as of such date of determination.

Consolidated Adjusted Net Worth means, as of any day for the Consolidated Group, the sum of (a) total shareholders’ equity or net worth plus (b) accumulated depreciation and accumulated amortization, in each case, determined on a consolidated basis in accordance with GAAP; but excluding, in any event, for purposes hereof, unrealized gains and losses on Swap Contracts reported on a consolidated balance sheet as accumulated other comprehensive income or loss.

Consolidated Adjusted Net Worth means, as of any day for the Consolidated Group, the sum of (a) total shareholders’ equity or net worth plus (b) accumulated depreciation and accumulated amortization, in each case, determined on a consolidated basis in accordance with GAAP minus (c) assets that are considered to be Intangible Assets, excluding lease intangibles; but excluding, in any event, for purposes hereof, unrealized gains and losses on Swap Contracts reported on a consolidated balance sheet as accumulated other comprehensive income or loss.

Examples of Consolidated Adjusted Net Worth in a sentence

• However, this did not happen immediately and might never have happened if the proposals to discontinue the Greenways School and make a prescribed alteration to Matthew Arnold School had been rejected.

• There was only slight decline in 0.1 N HCl extractable Cu in the soils received PMC and even increased extractable Cu was observed with 50 ton/ ha/yr PMC treatment despite the biggest decline in total Cu observed with PMC treated soil at 50 ton/ha/yr.

• Permit Consolidated Adjusted Net Worth at any time on or after December 31, 2013 to be less than the sum of $115,000,000, increased on a cumulative basis as of the end of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending March 31, 2014 by an amount equal to 50% of Consolidated Net Income (to the extent positive) for the fiscal quarter then ended plus 100% of the amount of all issuances of Equity Interests after December 31, 2013 that increase consolidated shareholders’ equity.

• The Obligors will at all times keep and maintain Consolidated Adjusted Net Worth at an amount not less than the sum of (i) $350,000,000 plus (ii) 25% of positive Consolidated Net Earnings on a cumulative basis for each fiscal year beginning with the fiscal year ending December 31, 2005.

• Section 1 of the Credit Agreement is hereby amended by deleting therefrom each reference to the phrase "asbestos property damage" in the definitions of "Consolidated Adjusted Net Worth" and "EBIT" and substituting therefore the phrase "asbestos related".

More Definitions of Consolidated Adjusted Net Worth

Consolidated Adjusted Net Worth means at any date (i) Consolidated Net Worth at such date less (ii) the amount (if any) by which the aggregate amount of all equity and other investments in Affiliates of the Company reflected in such Consolidated Net Worth exceeds $250,000,000.

Consolidated Adjusted Net Worth means, as of any date of determination, the sum of (a) the Consolidated Net Worth at such date and (b) any Consolidated Goodwill Amount at such date.

Consolidated Adjusted Net Worth means, as of the date of any determination thereof the aggregate amount of the capital stock accounts (net of treasury stock, at cost) (a) plus (or minus in the case of a deficit) the surplus in retained earnings of the Company and its Subsidiaries as determined in accordance with GAAP, and (b) minus all Investments of the Company and its Subsidiaries other than Permitted Investments.

Consolidated Adjusted Net Worth of the Guarantor means the Consolidated Net Worth of the Guarantor less the stockholders' equity of each of the Unrestricted Subsidiaries, as determined in accordance with generally accepted accounting principles.

Consolidated Adjusted Net Worth means the aggregate of the amounts paid-up or credited as paid-up on the Guarantor’s issued share capital and the amount of the consolidated capital and revenue reserves of the Group (including any share premium account, capital redemption reserve fund and any credit balance on the consolidated profit and loss account of the Group) all as shown by the latest consolidated balance sheet and profit and loss account of the Group delivered under this Guarantee but after:

Consolidated Adjusted Net Worth at any date means:

Consolidated Adjusted Net Worth means, as of the date of determination thereof, the consolidated stockholders equity of Borrower and its Subsidiaries in accordance with GAAP adjusted by adding back the amount by which such consolidated stockholders equity has been reduced (or by subtracting the amount by which stockholders equity has been increased) on account of (a) changes subsequent to December 31, 1992 in the long term liability of Borrower and its Subsidiaries for post-retirement benefits other than pensions and (b) specified material non-cash adjustments resulting from the adoptions of future pronouncements of the Financial Accounting Standards Board.