Examples of Estimated Book Value in a sentence
NOTE: For some households HHNUM is computed directly from within the source NLMS file.
In the event that the aggregate Estimated Book Value of the Investment Assets transferred by FAFLIC exceeds the minimum amount required to be transferred pursuant to the immediately preceding two sentences, the Reinsurer shall pay to FAFLIC the amount of such excess in cash on the Core Coinsurance Closing Date, together with simple interest thereon from, and including, the Effective Date to, but not including, the date of payment computed at an annual rate equal to the LIBOR rate.
FAFLIC hereby further transfers to the Reinsurer, Investment Assets having an aggregate Estimated Book Value at least equal to the reserves, if any, held by FAFLIC as of the Effective Date with respect to Extra Contractual Obligations.
All inventory of the Company and its Subsidiary that is reflected in the Interim Financial Statements or in the calculation of the Estimated Book Value (the “Inventory”) is stated at the lower of cost or market, cost being determined on the actual cost basis, and provision has been made in accordance with GAAP to reduce all slow-moving, obsolete, excess or unusable inventory to its estimated usable or scrap values.
The network can be further broken down into two main parts, namely the Alpha part and the Beta part.