ATNW definition

ATNW is defined as Tangible Net Worth plus Subordinated Debt or as defined by any subsequent warehouse credit facility lender secured during the term of this agreement.
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Examples of ATNW in a sentence

  • Adjusted Tangible Net Worth (or ATNW) shall mean (x) consolidated shareholders equity of Hovnanian minus, without duplication (y) (i) Intangibles, (ii) the Dollar amount of Restricted Investments and (iii) equity (comprising "cost" according to GAAP minus the amount of debt secured by applicable mortgages) in residential inventory properties with Purchase Money Mortgages, all as calculated and consolidated in accordance with GAAP.

  • Bank reserves the right to require at any time that Borrower obtain and deliver a current ATNW Servicing Rights Appraisal during the pendency of a Default or an Event of Default.

  • All ATNW Servicing Rights Appraisals shall be delivered to Bank no later than thirty (30) days after the applicable “as of” date therefor.

  • All ATNW Servicing Rights Appraisals shall be delivered to Bank no later than one month after the applicable “as of” date therefor.

  • Any of the Loan Parties shall default in the observance or performance of any covenant contained in Sections 7.2.10 [Borrower Base], 7.2.11 [Minimum ATNW], 7.2.12 [Leverage Ratio], 7.2.13 [Fixed Charge Coverage Ratio] or 7.

  • Bank reserves the right to require at any time during the pendency of an Event of Default that Borrower obtain and deliver a current ATNW Servicing Rights Appraisal.

  • Leverage Ratio is the total Adjusted Liabilities to Adjusted Tangible Net Worth (ATNW).

  • Accordingly, Minimum ATNW at any time during fiscal year 1996 is $97,680,619.

  • The parties acknowledge that Minimum ATNW determined as of the end of fiscal year 1994 is $87,700,000 and that 85% of Adjusted Tangible Net Worth as of the end of fiscal year 1995 is $97,680,619.

  • For example, for fiscal year 1996, Prior Year Minimum ATNW is determined as of the end of fiscal year 1994.

Related to ATNW

  • CCR means the California Code of Regulations.

  • SFTR means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • MTM means the contract is renewable on a month-to month basis. Termination Fee x x x 2/17/2011 No x Oswego Springs Sunwest Management Inc. Otis Elevator Company Elevator Oswego Springs Lesser-Capitol, LLC Comcast of Oregon II, Inc Cable TV x x x x x x 6/1/2012 auto renewal (5 yrs) x 2/1/2013 No x Oswego Springs Lesser-Capitol, LLC DEX Advertising x x 11/31/2010 No x Palm Meadows Village Palm Meadows Village Ferrell Gas Natural Gas x Palms, The The Palms Assisted Living IKON Office Solutions, Inc. Copier Master Maintenance Agreement x Palms, The The Regent at The Palms Thyssen Elevator Corporation Elervator Maintenance Agreement x x 8/14/2010 auto renewal (1 yr) x x 2/13/2010 auto renewal (1 yr) x x 4/22/2010 auto renewal (1 yr) x Palms, The The Palms Assited Living and Memomory Care Community/ The Palms Assisted Living & Memory Care, LLC At&t Real Yellow Pages Advertising Contract x x 8/31/2010 No x Palms, The Sunwest Management, Inc. Care Trak International, Inc. Resident Monitoring The Palms/ The Palms Assisted Living & x x x 2/21/2010 No x Palms, The Memory Care, LLC Mt. Hood Chemical Corporation Dishmachine Lease and Service Agreement x AT&T Broadband of Sacramento I, LLC x x 5/19/2013 No x Palms, The Sunwest Management, Inc. (kna Comcast) MDU Broadband Services Agreement - The Palms x x x x 4/3/2017 auto renewal (5 yrs) x Paradise Valley No Name on Contract Allied Waste Garbage Paradise Valley Paradise Valley Retirement Community Otis Elevator Company Elevator x x 1/6/2010 auto renewal (1 yr) x x x 3/1/2010 auto renewal (5 yrs) x Paradise Valley Paradise Valley Retirement Community Dex Advertising x x 3/31/2010 No x Paradise Valley* Paradise Valley Retirement/Heather Direct TV Satellite Agreement x x x x Park Ave Estates Lexington Senior Living, LLC DEX Advertising x x 9/1/2010 No x Park Avenue Estates Park Avenue Estates Eakes Office Plus Copier Lease Omnicare, Inc. (fka Preferred x x x 12/3/2009 No x Park Avenue Estates Sunwest C/O Park Avenue Estates Lexington Senior Living, LLC DBA Park Pharmaceutical Services) Pharmacy x x x 6/24/2010 auto renewal (1 yr) x Park Avenue Estates Avenue Estates Charter Communications VI, LLC Cable TV x x x x 1/4/2012 No x Park Avenue Estates Sunwest Management, Inc Key Equipment Finance Inc. Vehicle Lease Park Avenue Estates Park Avenue Estates Otis Elevator Company Elevator Park Place OR Park Place Mt Hood Chemical Corporation Dishmachine Lease and Service Agreement Park Place OR Park Place Portland CSM: Central Station Monitoring Monitoring Sunwest Management, Inc/Park Place x x x x x x x x x x Park Place OR Living Center Otis Elevator Company Elevator Park Place Assisted Living Community, x x 6/1/2010 auto renewal (5 yrs) x Park Place OR LLC Dex Advertising x x 11/30/2010 No x Park Place OR Park Place Assisted Living, LLC Comcast of Oregon II, Inc Cable TV x x x x 11/1/2012 No x Community Name Contracted Entity Name - Name of other parties to lease or contract Description of contract or lease and nature of debtor s interest. State whether lease is of nonresidential real property. State contract Executory Contract Unexpired Lease Brokerage/Commissions Personal Property with Encumbrance Easement/Right of Entry Non-Terminable Contract Expiration Date of Non- Terminable Contract

  • NYSDEC means the New York State Department of Environmental Conservation.

  • Diameter at Breast Height (DBH) means the diameter of the trunk of a mature tree generally measured at a point four and a half feet above ground level from the uphill side of the tree. For species of trees where the main trunk divides below the 4 ½ foot height, the DBH shall be measured at the highest point before any division.