Common use of Net Worth Clause in Contracts

Net Worth. Net Worth" shall mean the assets of a Person minus the liabilities of the Person, as of a given date as determined in accordance with generally accepted accounting principles, consistently applied with prior periods.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Biomedical Technology Solutions Holdings Inc), Agreement and Plan of Merger (Onsource Corp), Agreement and Plan of Merger (Biomedical Technology Solutions Holdings Inc)

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Net Worth. Net Worth" shall mean the assets of a Person minus the liabilities of the Person, as of a given date as determined in accordance with generally accepted accounting principles, consistently applied with prior periods.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Guardian Technologies International Inc), Agreement and Plan of Merger (Southshore Corp /Co), Agreement and Plan of Merger (Southshore Corp /Co)

Net Worth. Net Worth" shall mean the assets of a Person minus the liabilities of the Person, as of a given date as determined in accordance with generally accepted accounting principles, principles consistently applied with prior periods.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Skylynx Communications Inc), Agreement and Plan of Merger (Skylynx Communications Inc), Agreement and Plan of Merger (Skylynx Communications Inc)

Net Worth. Net Worth" shall mean the assets of a Person minus the liabilities of the Person, as of a given date as determined in accordance with generally accepted accounting principles, principles consistently applied with prior periods.

Appears in 2 contracts

Samples: Agreement and Plan of Exchange (Vitro Biopharma, Inc.), Agreement and Plan of Merger (Vitro Biopharma, Inc.)

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Net Worth. Net Worth" shall mean the assets of a Person minus the liabilities of the Person, as of a given date as determined in accordance with generally accepted accounting principles, consistently applied with prior periods.

Appears in 1 contract

Samples: Agreement and Plan of Merger (MedClean Technologies, Inc.)

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