Aggregate Asset Value Sample Clauses
The Aggregate Asset Value clause defines the total combined value of all assets covered or referenced under an agreement. In practice, this clause sets a cap or a reference point for calculations involving multiple assets, such as determining overall exposure, liability limits, or thresholds for certain contractual obligations. By establishing a clear aggregate value, the clause helps ensure transparency and consistency in how asset-related figures are calculated, thereby reducing disputes and clarifying the parties' financial responsibilities.
Aggregate Asset Value. The aggregate book value of the Assets at the time of measurement before deducting depreciation, bad debts or other similar non-cash reserves and without reduction for (i) any debt secured by or relating to such Assets, (ii) any impairment charges in respect of the Assets or (iii) provisions for losses taken in respect of Loans. For purposes of calculating the Aggregate Asset Value, the value of any individual Asset owned through any Joint Venture shall be equal to the product of (A) the book value of that Asset, calculated as provided for in the preceding sentence, and (B) the Ownership Percentage.
Aggregate Asset Value. As of any date of determination, an amount equal to the sum of the then Aggregate Net Book Value and the then Aggregate Finance Lease Value.
Aggregate Asset Value. The aggregate Purchase Price of all Transaction Assets heretofore purchased hereunder (including the Transaction Asset(s) contemplated to be purchased on such Purchase Date) shall not exceed the Aggregate Asset Value of all such Transaction Assets;
Aggregate Asset Value. The aggregate value of the Assets (the “Aggregate Asset Value”) will be an amount equal to the sum of the following:
(i) the aggregate Net Book Value of all of the items of Furniture, Fixtures and Equipment listed on Schedule 3.5 as of the Closing Date, if any;
(ii) One Hundred Percent (100%) of the aggregate principal amount of the Deposit-Related Loans and Other Loans to be delivered at Closing, plus accrued and unpaid interest thereon as of the Close of Business on the Closing Date excluding any Uncollectible Loans and related accrued and unpaid interest thereon (but excluding for purposes of such Aggregate Asset Value any unfunded loan commitments referred to thereon, uncollected fees, charges or penalties);
(iii) the aggregate amount of Cash on Hand as of the Close of Business on the Closing Date;
(iv) the aggregate amount of the prorated fees and expenses described in Section 2.7; and
(v) the Deposit Collateral Value.
Aggregate Asset Value. The aggregate value of the Assets (the "Aggregate Asset Value") will be an amount equal to the sum of the following:
(i) the Appraised Value of Branch Real Estate;
(ii) the aggregate fair market value, as agreed by Purchaser and Seller, of all of the items of Furniture, Fixtures and Equipment not included in leasehold improvements, as determined by a fixed asset physical inventory jointly performed as of the Close of Business as of the last day of the month preceding the month in which the Closing Date occurs;
(iii) the aggregate principal amount of the Deposit-Related Loans and Other Loans to be delivered at Closing, plus accrued and unpaid interest thereon excluding any Uncollectible Loans and related accrued and unpaid interest thereon (but excluding for purposes of such Aggregate Asset Value any unfunded loan commitments referred to thereon, uncollected fees, charges or penalties);
(iv) the aggregate amount of Cash on Hand as of the Close of Business on the Closing Date;
(v) the aggregate amount of the Net Prepaid Expenses as of the Close of Business on the Closing Date as determined in accordance with Generally Accepted Accounting Principles;
(vi) the Deposit Collateral Value; and
(vii) the Prepaid FDIC Insurance Premium, if any, paid by the Seller after the signing of this Agreement and before Closing.