Asset Target definition

Asset Target refers to the level of Total Assets reported in the Bank's TFR at June 30, 2004 and at June 30, 2005. The Asset Target for the period ended June 30, 2004 is $399,098,000 and is referred to as the "2004 Asset Target" and the Asset Target for the period ended June 30, 2005 is $532,963,000 and is referred to as the "2005 Asset Target."
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Examples of Asset Target in a sentence

  • The Purchase Price shall be adjusted in accordance with the terms of the LOI previously entered into between the parties as it relates to Net Assets and the Net Asset Target.

  • The Purchase Price shall be adjusted, on a dollar-for-dollar basis, to the extent the Net Assets do not equal or exceed forty-four percent (44%) of the sum of (i) Purchase Price as initially calculated under the terms of Section 1.4(a) and as adjusted under the terms of Section 1.5(a) herein; and (ii) the Covenant Fee (as defined in Section 9.1) (the "Net Asset Target") as of the Closing.

  • If the Financial Reports (as defined in Section 4.04 below and to be delivered pursuant to Section 6.09) provide that the Net Assets (as defined below) of the Business are less than the Net Asset target as of June 30, 2007 set forth on Schedule 3.03 (the “Net Asset Target”), then the Purchase Price will be reduced on a dollar-for-dollar basis by an amount equal to (i) the Net Asset Target, less (ii) the Net Assets as provided in such Financial Reports.

  • If such value of the Tangible Net Assets minus the Warranty Liability is in the aggregate greater than the Tangible Net Asset Target, no Purchase Price adjustment shall occur.

  • Immediately upon any failure by Licensee to meet the $100 Million Asset Target during the Second Exclusivity Period, or to meet the $150 Million Asset Target during the Third Exclusivity Period, Licensee’s rights pursuant to Section 1(a) of this Agreement shall cease being exclusive, and Licensor, itself or through any licensee, may exercise such rights concurrently with Licensee’s exercise of such rights.

Related to Asset Target

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • KPI Target means the acceptable performance level for a KPI as set out in relation to each KPI;

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 65.70% minus the Additional Required Enhancement Percentage and (ii) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.