Company Net Worth definition

Company Net Worth means the net worth of the Company as of the Applicable Month End, calculated based on the Company’s unaudited consolidated balance sheet as of the Applicable Month End and in accordance with Schedule 1.1(CNW) of the Company Disclosure Letter.
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Company Net Worth at a particular date, shall mean all amounts which ----------------- would be included under shareholders' equity on a consolidated balance sheet of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP as at such date.
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Company Net Worth means the sum of the Company Common Stock, paid-in capital and retained earnings accounts as such accounts would appear on a balance sheet of the Company prepared in accordance with GAAP, provided that in determining the amount of such net worth, the amount of the Transaction Costs, any special assessment imposed on SAIF-insured institutions, any recapture of NSB's tax bad debt reserve, any costs or expenses relating to the change in control, severance, salary continuation and other benefits specified by Section 5.05 and any Company Accruals and Reserves shall be disregarded.
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Examples of Company Net Worth in a sentence

  • In case of a Company: Net Worth is the Paid-up share capital (excluding share application money) plus Reserves and surpluses (excluding revaluation reserve) less Preliminary and pre-operative expenditure; less Miscellaneous expenditure to the extent not written off; less accumulated losses; less intangible assets.

  • In case of a Company: Net Worth is the Paid-up share capital (excluding share application money) plus Reserves and surpluses (excluding revaluation reserve) less Preliminary and pre- operative expenditure; less Miscellaneous expenditure to the extent not written off; less accumulated losses; less intangible assets.

  • Only in the case of Strategic Partner, it may alternatively submit the Affiliate Company Net Worth in case of majority in its corporate capital or that of the company concerning which it is a Subsidiary by majority in corporate capital.

  • In case the Strategic Partner submits the Company Net Worth of which it is Subsidiary by majority in the corporate capital it may not submit its own Net Worth or that of the other Subsidiary Companies.

  • Exhibit (i): Applicable in case of Bidding CompanyFor the above calculations, we have considered the Net Worth by Bidding Company and/ or its Affiliate(s) as per following details:Name of Bidding CompanyName of Affiliate(s) whose net worth is to be consideredRelationship with Bidding Company* Net Worth (in Rs. Crore) Company 1 *The column for “Relationship with Bidding Company” is to be filled only in case the financial capability of Affiliate has been used for meeting Qualification Requirements.

  • In case of a Company: Net Worth is the Paid up share capital (excluding share application money) plus Reserves and surpluses (excluding revaluation reserve) less Preliminary and preoperative expenditure; less Miscellaneous expenditure to the extent not written off; less accumulated losses; less intangible assets.

  • Company Net Worth (attach latest financial report / bank statement for last year).

  • In February 1997, the Plan purchased from The Pittston Company Employee Benefits Trust, 20,835 shares of Brink's Stock at $22.69 per share, 15,684 shares of Burlington Stock at $16.95 per share and 15,140 shares of Minerals Stock at $11.05 per share for a total purchase price of $905,602 to satisfy contributions made for the last six months of the plan year ended December 31, 1996.

  • As on September 30, 2012, our Company Net Worth based on our Restated Financial Statements is` 23784.24 lakhs.

  • Company: Net Worth is the Paid-up share capital (excluding share application money) plus Reserves and surpluses (excluding revaluation reserve) less Preliminary and pre- operative expenditure; less Miscellaneous expenditure to the extent not written off; less accumulated losses; less intangible assets.


More Definitions of Company Net Worth

Company Net Worth means Assets plus the amount of Company Employee Forgivable Loan reserves reflected in the aggregate of the Liabilities on the Closing Balance Sheet minus Liabilities. The terms "Assets" and "Liabilities" mean the combined total assets and combined total liabilities, respectively, of the Company and the Subsidiaries calculated in accordance with Section 2.04(a) as shown on the Closing Balance Sheet.
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Company Net Worth means (i) cash held by the Company (either held directly or held in escrow on the Company’s behalf with a “qualified intermediary” as such term is used in the Treasury Regulations promulgated under Section 1031 of the Code) immediately prior to the date of this Agreement less (ii) all liabilities and obligations reflected on the Opening Balance Sheet (including the liabilities described in Section 3.22(a) of this Agreement to the extent not assumed by an entity other than the Company) but excluding any deferred taxes attributable to any transaction intended to qualify under Section 1031 of the Code.
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Company Net Worth defined in Section 1.3.
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Company Net Worth means Company Net Worth IDENTIFICATION OF LOAN. The following loan and all other indebtedness1 obligations, and liabilities of Borrower to Lender, due or to become due, now existing or hereafter arising, as well as any and all amendments, modifications1 extensions, and renewals thereof are subject to this Agreement: • Loan Number ****577 with a principal amount of $1,000,000.00
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Company Net Worth means the net worth of the Company as of the Applicable Month End, calculated based on the Company’s unaudited consolidated balance sheet as of the Applicable Month End and in accordance with S chedule 1.1(CNW) of the Company Disclosure Letter.
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Related to Company Net Worth

  • Net Worth means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation.

  • Book Net Worth means the aggregate of the common and preferred stockholders' equity in the Borrower, determined in accordance with GAAP.

  • Effective Tangible Net Worth means the Borrower’s stated net worth plus Subordinated Debt but less all intangible assets of the Borrower (i.e., goodwill, trademarks, patents, copyrights, organization expense, and similar intangible items including, but not limited to, investments in and all amounts due from affiliates, officers or employees).

  • Tangible Net Worth is, on any date, the consolidated total assets of Borrower and its Subsidiaries minus, (i) any amounts attributable to (a) goodwill, (b) intangible items such as unamortized debt discount and expense, Patents, trade and service marks and names, Copyrights and research and development expenses except prepaid expenses, and (c) reserves not already deducted from assets, and (ii)

  • Minimum Tangible Net Worth means, with respect to the Parent, at any time, the sum of (a) $1,418,939,250 plus (b) 75% of the aggregate net proceeds received by the Parent or any of its Subsidiaries after September 30, 2013 in connection with any offering of Stock or Stock Equivalents of the Parent or its Subsidiaries; provided however, that any such net proceeds used solely for the purpose of redeeming the Parent’s preferred stock shall not be included in such sum.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • Consolidated Tangible Net Worth means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, Shareholders’ Equity of the Borrower and its Subsidiaries on that date minus the Intangible Assets of the Borrower and its Subsidiaries on that date.

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.

  • Adjusted Tangible Net Worth As of the date of determination thereof, the sum of: (i) Servicer's Tangible Net Worth; plus (ii) one percent (1%) of the amount of Servicer's servicing portfolio, as determined by the Master Servicer in the Master Servicer's reasonable discretion.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Target Net Working Capital means $36,500,000.

  • Adjusted Net Worth of each Guarantor shall mean the greater of (x) the Net Worth (as defined below) of such Guarantor and (y) zero; and (iii) the “Net Worth” of each Guarantor shall mean the amount by which the fair saleable value of such Guarantor’s assets on the date of any Relevant Payment exceeds its existing debts and other liabilities (including contingent liabilities, but without giving effect to any Guaranteed Obligations arising under this Guaranty or any guaranteed obligations arising under any guaranty of any Permitted Additional Indebtedness) on such date. Notwithstanding anything to the contrary contained above, any Guarantor that is released from this Guaranty pursuant to Section 17 hereof shall thereafter have no contribution obligations, or rights, pursuant to this Section 18, and at the time of any such release, if the released Guarantor had an Aggregate Excess Amount or an Aggregate Deficit Amount, same shall be deemed reduced to $0, and the contribution rights and obligations of the remaining Guarantors shall be recalculated on the respective date of release (as otherwise provided above) based on the payments made hereunder by the remaining Guarantors. All parties hereto recognize and agree that, except for any right of contribution arising pursuant to this Section 18, each Guarantor who makes any payment in respect of the Guaranteed Obligations shall have no right of contribution or subrogation against any other Guarantor in respect of such payment until the Termination Date. Each of the Guarantors recognizes and acknowledges that the rights to contribution arising hereunder shall constitute an asset in favor of the party entitled to such contribution. In this connection, each Guarantor has the right to waive its contribution right against any Guarantor to the extent that after giving effect to such waiver such Guarantor would remain solvent, in the determination of the Required Lenders.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Consolidated Tangible Net Assets means, on any date of determination and with respect to any Person at any time, the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the consolidated balance sheet of such Person and its Consolidated Subsidiaries most recently delivered to the Lenders pursuant to Section 5.01(i) as of such date of determination, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the consolidated current liabilities of such Person and its Consolidated Subsidiaries appearing on such balance sheet.

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Total Open-End Mutual Fund Average Net Assets means the average of all of the determinations of the aggregate net assets of all open-end funds sponsored by Xxxxxx Management (excluding the net assets of such funds investing in, or invested in by, other such funds, such as Xxxxxx RetirementReady® Funds and Xxxxxx Money Market Liquidity Fund, to the extent necessary to avoid "double-counting" of such net assets) at the close of business on each business day during each month while the Management Contract is in effect.

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Consolidated Entity means at any date any Subsidiary, and any other entity the accounts of which would be combined or consolidated with those of the Borrower in its combined or consolidated financial statements if such statements were prepared as of such date.

  • net non-operating income means the difference between:

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Consolidated Current Liabilities means, as at any date of determination, the consolidated current liabilities of the Borrower and its Restricted Subsidiaries that may property be classified as current liabilities in conformity with GAAP, excluding, without duplication, the current portion of any long-term Indebtedness.