Adjusted Tangible Assets definition

Adjusted Tangible Assets means all assets of the Borrower except: (a) trademarks, trade names, franchises, goodwill, and other similar intangibles; (b) assets located and notes and receivables due from obligors domiciled outside the United States of America, Puerto Rico, or Canada; (c) accounts, notes and other receivables due from Affiliates or employees; and (d) any other assets of Borrower which Agent, in its sole and absolute discretion, determines to be of uncertain value or collectability.

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Adjusted Tangible Assets means all of the Borrower’s assets, determined on a consolidated basis (provided that if the Borrower does not prepare its financial statements on a consolidated basis, the stand-alone basis financial statements shall apply) in accordance with generally accepted accounting standards in Japan, other than (a) deferred assets, other than prepaid insurance and prepaid taxes, (b) patents, copyright, trademarks, trade names, franchises, goodwill, and other similar intangibles and (c) unamortized debt discounts and expenses.

Adjusted Tangible Assets means all assets except:

Examples of Adjusted Tangible Assets in a sentence

• For the avoidance of doubt, if and to the extent that any Indebtedness is incurred to refinance, refund or replace any Indebtedness secured by Liens permitted under any clause of the definition of “Permitted Liens” or Section 4.08(b) that is limited by a percentage of Consolidated Adjusted Tangible Assets, the Indebtedness so incurred may be secured by Liens pursuant to such clause or subclause, or Section 4.08(b) at such time.

• For the avoidance of doubt, if and to the extent that any Indebtedness is incurred to refinance, refund or replace any Indebtedness secured by ▇▇▇▇▇ permitted under any clause of the definition of “Permitted Liens” or Section 4.08(b) that is limited by a percentage of Consolidated Adjusted Tangible Assets, the Indebtedness so incurred may be secured by Liens pursuant to such clause or subclause, or Section 4.08(b) at such time.

• Adjusted Tangible Assets: all assets of Parent and Borrowers on a consolidated basis, except (a) patents, copyrights, trademarks, trade names, franchises, goodwill, and other similar intangibles; (b) assets constituting intercompany Accounts; (c) assets located and notes and receivables due from obligors domiciled outside the United States of America or Canada; and (d) fixed assets to the extent of any write-up in the book value thereof.

• The Company shall cause each corporation which becomes a Restricted Subsidiary after the date of this Agreement (and which on a pro forma basis accounts for more than ten percent (10%) of Consolidated Adjusted Tangible Assets) to guaranty the payment and performance of the Notes pursuant to a guaranty agreement (acceptable to the Required Holders) to the effect and substantially in the form of Section 10 to this Agreement.

• ADJUSTED TANGIBLE NET WORTH - at any date means a sum equal to: (a) the Adjusted Tangible Assets shown on a balance sheet at such date in accordance with GAAP; MINUS (b) the amount at which such Person's liabilities (other than capital stock and surplus) are shown on such balance sheet in accordance with GAAP, and including as liabilities all reserves for contingencies and other potential liabilities.

More Definitions of Adjusted Tangible Assets

Adjusted Tangible Assets means all assets of the Borrower except:

Adjusted Tangible Assets all assets except: (i) any surplus resulting from any write-up of assets subsequent to September 30, 1998;

Adjusted Tangible Assets all assets of any Person except: (a) deferred assets, other than prepaid items and deferred taxes, (b) patents, copyrights, trademarks, trade names, franchises, goodwill and other similar intangibles; (c) restricted investments; (d) unamortized debt discount; (e) assets located and notes and receivables due from obligors domiciled outside the United States of America, Puerto Rico, or Canada; and (f) fixed assets to the extent of any write-up in the book value thereof resulting from a revaluation effective after the Closing Date.

Adjusted Tangible Assets means all of the Parent’s assets, determined on a consolidated basis in accordance with GAAP, except:

Adjusted Tangible Assets means all of the Lessee’s assets, determined on a consolidated basis (provided that if the Lessee does not prepare its financial statements on a consolidated basis, the stand-alone basis financial statements shall apply) in accordance with generally accepted accounting standards in Japan, other than (a) deferred assets, other than prepaid insurance and prepaid taxes, (b) patents, copyright, trademarks, trade names, franchises, goodwill, and other similar intangibles and (c) unamortized debt discounts and expenses.

Adjusted Tangible Assets means all assets of any Person except: (a) deferred assets, other than prepaid items and deferred taxes, (b) patents, copyrights, trademarks, trade names, franchises, goodwill and other similar intangibles; (c) restricted investments; (d) unamortized debt discount; (e) assets located and notes and receivables due from obligors domiciled outside the United States of America; (f) fixed assets to the extent of any write-up in the book value thereof resulting from a revaluation effective after the Closing Date; and (g) all Right of Use Assets.

Adjusted Tangible Assets means all of the Borrower's and its consolidated Subsidiaries' assets except: