Examples of Consolidated Net Assets in a sentence
The term Consolidated Net Assets means the total assets appearing on the most recently prepared consolidated balance sheet of the Company and its Subsidiaries as at the end of the fiscal quarter of the Company, prepared in accordance with generally accepted accounting principles in the United States, less all current liabilities (due within one year) as shown on such balance sheet.
On a Consolidated basis, maintain at all times, Consolidated Net Assets at a level greater than or equal to Consolidated Funded Debt.
The figures for Consolidated Net Assets per Share, Net income (loss) per share, and Dividend per Share are accordingly adjusted assuming that the stock split had been effective from April 1, 2006.
Statement of Changes in Consolidated Net Assets and Explanatory Notes on Consolidated Financial Statements in the consolidated financial statements.
In any computation of Consolidated Funded Indebtedness or Consolidated Net Assets, there shall be excluded (a) all obligations with respect to which an amount sufficient to discharge the same in full shall have been deposited, in trust for the payment thereof, and (b) all moneys so deposited for the payment of such obligations or deposited, in trust, for the retirement of shares of stock.