Book Value Amount definition

Book Value Amount means: the Shareholders' Funds of the Company as at 30th September 1998, reduced by the book value of all Intangible Assets of the Company except cash and including goodwill, minority interests, research and development costs, trademarks, trade names, copyrights, patents and franchises, unamortized debt discounts and expenses, all determined in accordance with clauses 2.6 and 2.7.
Sample 1
Book Value Amount means the sum of: (a) the depreciated book value of the furniture, fixtures and equipment included in the Transferred Personal Property, plus (b) all prepaid amounts included in the definition of Acquired Assets, plus (c) the book value of the JV Interests, in each case of clauses (a) through (c), calculated as of the Closing Date in conformity with GAAP and, to the extent in conformity with GAAP, consistent with Seller’s past accounting practices.
Sample 1
Book Value Amount. As used in this Agreement, the "July 31 Book Value Amount" means, with respect to TSL on a consolidated basis (but exclusive of the assets and liabilities of MCIC), total assets less total liabilities as of the close of business on July 31, 2001 computed in accordance with generally accepted accounting principles for financial reporting in the United States, applied on a consistent basis. If, within 15 days after delivery of the calculation of the July 31 Book Value Amount to Buyer, Buyer has not given written notice to Seller disputing such calculation and indicating the basis of such dispute, such calculation shall be conclusive and binding on Buyer. In the event Buyer gives Seller such notice of dispute within such 15-day period, Seller and Buyer will use their best efforts to settle the dispute within 30 days after the giving of such notice. Any dispute unresolved after such 30-day period shall be submitted to a national public accounting firm selected by Seller and reasonably satisfactory to Buyer. The costs and fees of such national public accounting firm shall be borne equally by Buyer and Seller. The decision of such accounting firm with respect to such dispute shall be final and binding on the parties hereto.
Sample 1

Examples of Book Value Amount in a sentence

  • The Seller's objection, if any, to the Accountants' CNBVA Report (the "Seller's CNBVA Objection") shall set forth in reasonable detail the Seller's objection(s) to the Accountants' CNBVA Report and the Seller's calculation of the Closing Net Book Value Amount.

  • The determination of the Closing Net Book Value Amount by the Accountants shall be conclusive and binding upon the parties hereto unless the Seller shall object to the Accountants' CNBVA Report within fifteen (15) days following their receipt of the Accountants' CNBVA Report.

  • Promptly following the Closing, and in order to verify the accuracy of the adjustment made at the Closing, the Purchaser agrees to cause the Accountants to verify the amount of the Closing Net Book Value Amount.

  • If the Seller does not object to the Accountants' CNBVA Report, or if the Purchaser agrees to accept the Seller's adjustments to the Accountants' CNBVA Report, then the adjustment based on the then final Closing Net Book Value Amount (the "Final Net Book Value Amount"), if any, shall be paid by Seller to the Purchaser in immediately available funds within five (5) business days of such acceptance.

  • The Accountants shall issue a report as to their determination of the Closing Net Book Value Amount (the "Accountants' CNBVA Report") promptly after their determination of such amount and the Purchaser shall deliver the Accountants' CNBVA Report to the Seller not later than sixty (60) days following the Closing Date.

  • Net Book Value Amount per Petro's Financials Amount per Appraisal Difference --------------------------------------- --------------------------------------- ------------ Property and equipment, net Asset(1) Life Depreciation(2) Asset(1) Life Depreciation(2) Depreciation - --------------------------- -------- -------------- --------------- -------- -------------- --------------- ------------ Land................

  • The Base Purchase Price shall be further reduced, at Closing, by $1.00 for each $1.00 that the Net Book Value of the Company's Acquired Assets and Liabilities, as reflected on the Closing Balance Sheet, is less than $2,000,000 on the Closing Date (the "Closing Net Book Value Amount").

  • The Base Purchase Price shall be further reduced, at Closing, by $1.00 for each $1.00 that the Net Book Value of the Company's Acquired Assets and Liabilities, as reflected on the Closing Balance Sheet, is less than $1,275,000 on the Closing Date (the "Closing Net Book Value Amount").

  • The public authority acknowledged the general public interest in openness and transparency in government.

  • The determination of the Closing Net Book Value Amount by the Accountants shall be conclusive and binding upon the parties hereto unless the Sellers shall object to the Accountants' CNBVA Report within fifteen (15) days following their receipt of the Accountants' CNBVA Report.


More Definitions of Book Value Amount

Book Value Amount means an amount equal to the Company's combined shareholder's equity (stated capital, paid-in surplus and retained earnings) as of the Closing Date (as defined herein). The Book Value Amount shall be determined as provided herein and in accordance with generally accepted accounting principles ("GAAP") consistently applied (except for the reserves for inventory obsolescence and allowance for doubtful accounts receivable), and shall be based on the financial statements of the Company for the applicable period, as audited (or reviewed) by Parent's independent certified public accountants and accepted by Parent. For purposes of paying the First Installment, the Book Value Amount shall be estimated by the parties based on the most recently completed monthly financial statements of the Company prior to Closing, which is expected to be May 31, 1999 (the "ESTIMATED BOOK VALUE"). The Book Value Amount shall be adjusted as set forth in Subsection 1.4.2 hereof.
Sample 1
Book Value Amount means, on any date with respect to any Eligible Investment Asset, the product of (x) the net book value of such Eligible Investment Asset on such date determined in accordance with GAAP, multiplied by (y) the Value Percentage of such Eligible Investment Asset on such date.
Sample 1
Book Value Amount means an amount equal to AMCC's shareholder's equity (stated capital, paid-in surplus and retained earnings) as of the last day of the month immediately prior to Closing (as defined herein). The Book Value Amount shall be determined as provided herein and in accordance with generally accepted accounting principles ("GAAP"), and shall be based on the financial statements of AMCC for the applicable period, as audited (or reviewed and accepted) by Xxxxx's independent certified public accountants. The Book Value Amount shall be adjusted as set forth in Section 5 hereof.
Sample 1
Book Value Amount means the book value of the Transferred Cash and the Seller’s prepaids, PP&E, building improvements, and transferred security deposits that constitute Acquired Assets. Book Value Amount shall be reduced by the Transferred PTO. The components of Book Value Amount shall be calculated as of the Closing Date in conformity with GAAP and the Book Value Schedule.
Sample 1

Related to Book Value Amount

  • Book Value means, with respect to any Asset and any Liability Assumed, the dollar amount thereof stated on the Accounting Records of the Failed Bank. The Book Value of any item shall be determined as of Bank Closing after adjustments made by the Receiver for differences in accounts, suspense items, unposted debits and credits, and other similar adjustments or corrections and for setoffs, whether voluntary or involuntary. The Book Value of a Subsidiary of the Failed Bank acquired by the Assuming Institution shall be determined from the investment in subsidiary and related accounts on the "bank only" (unconsolidated) balance sheet of the Failed Bank based on the equity method of accounting. Without limiting the generality of the foregoing, (i) the Book Value of a Liability Assumed shall include all accrued and unpaid interest thereon as of Bank Closing, and (ii) the Book Value of a Loan shall reflect adjustments for earned interest, or unearned interest (as it relates to the "rule of 78s" or add-on- interest loans, as applicable), if any, as of Bank Closing, adjustments for the portion of earned or unearned loan-related credit life and/or disability insurance premiums, if any, attributable to the Failed Bank as of Bank Closing, and adjustments for Failed Bank Advances, if any, in each case as determined for financial reporting purposes. The Book Value of an Asset shall not include any adjustment for loan premiums, discounts or any related deferred income, fees or expenses, or general or specific reserves on the Accounting Records of the Failed Bank. For Shared-Loss Securities, Book Value means the value of the security provided in the Information Package.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Adjusted Pool Amount With respect to any Distribution Date and Loan Group, the Cut-off Date Pool Principal Balance of the Mortgage Loans in such Loan Group minus the sum of (i) all amounts in respect of principal received in respect of the Mortgage Loans in such Loan Group (including, without limitation, amounts received as Monthly Payments, Periodic Advances, Principal Prepayments, Liquidation Proceeds and Substitution Adjustment Amounts) and distributed to Holders of the Certificates on such Distribution Date and all prior Distribution Dates and (ii) the principal portion of all Realized Losses (other than Debt Service Reductions) incurred on the Mortgage Loans in such Loan Group from the Cut-off Date through the end of the month preceding such Distribution Date.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash, cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case, held or owned by (whether directly or indirectly), credited to the account of, or otherwise reflected as an asset on the balance sheet of, the Parent MLP and its Consolidated Subsidiaries.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • Sale Amount means, with respect to any Sold Receivable, the amount received from the related third-party purchaser as payment for such Sold Receivable.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Adjusted Value as used in subdivision (d) means:

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Book Value Per Share is the Bank’s equity capital (excluding FAS 115 and FAS 158 adjustment and Extraordinary Items) at the end of the Plan Year divided by the Plan’s number of Phantom shares of one million three hundred sixty thousand (1,360,000). The following Section 3.2(d) shall be added to the Agreement immediately following Section 3.2(c):

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Offset Amount means the amount or amounts which the Joint Venturers may be entitled to offset against future royalty payments pursuant to subclause (3) of this Clause;

  • Reference Amount In relation to (a) any Term Obligation, the Outstanding Principal Amount thereof and (b) any Committed Obligation, the Commitment Amount thereof. Utilization Amount: In relation to any Calculation Period, the daily average of the Portfolio Notional Funded Amount during such Calculation Period. Maximum Portfolio Notional Amount: USD750,000,000, or such greater amount as the parties may agree to in writing. Minimum Portfolio Notional Amount: 80% of the Maximum Portfolio Notional Amount. Business Day: New York Business Day Convention: Following (which shall apply to any date specified herein for the making of any payment or determination or the taking of any action which falls on a day that is not a Business Day). If any anniversary date specified herein would fall on a day on which there is no corresponding day in the relevant calendar month, then such anniversary date shall be the last day of such calendar month. Floating Rate Index: Whenever in this Confirmation reference is made to any Floating Rate Option (including any floating rate index specified in any Reference Obligation Credit Agreement) or to USD-LIBOR-BBA (each, a "Floating Rate Index"), in no event may such Floating Rate Index be less than zero. In addition, with respect to any Counterparty First Floating Amount, if payment of interest on a Reference Obligation (or any portion thereof) is subject to the payment of a specified minimum rate regardless of the level of the relevant Floating Rate Index, then, without limiting the effect of the preceding sentence, such Floating Rate Index will be determined without regard to such specified minimum rate. Monthly Period: Each period from and including the 12th day of any calendar month to but excluding the same day of the immediately succeeding calendar month. Calculation Agent: Citibank; provided that, if an Event of Default described in Section 5(a)(vii) occurs with respect to Citibank as Defaulting Party and no Event of Default has occurred with respect to Counterparty as Defaulting Party, then Counterparty may designate any of Bank of America, NA, The Bank of Montreal, Barclays Bank plc, Canadian Imperial Bank of Commerce, Credit Suisse, Deutsche Bank AG, JPMorgan Chase Bank, N.A., UBS AG and Xxxxx Fargo Bank, National Association as Calculation Agent, which designation shall be effective only (a) if such designated entity accepts such appointment and agrees to perform the duties of the Calculation Agent hereunder and (b) so long as such Event of Default with respect to Citibank as Defaulting Party continues. Unless otherwise specified, the Calculation Agent shall make all determinations, calculation s and adjustments required pursuant to this Confirmation in good faith and on a commercially reasonable basis. Calculation Agent City: New York Initial Price: In relation to any Reference Obligation (and the related Transaction), the Initial Price specified in Annex I. The Initial Price will be determined as of the related Obligation Trade Date exclusive of accrued interest and will be expressed as a percentage of the Reference Amount. The Initial Price will be determined exclusive of Costs of Assignment that would be incurred by a buyer in connection with any purchase of the Reference Obligation and exclusive of any Delay Compensation.

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.