HLBV definition

HLBV as defined in Section 8.02(a)(v).
HLBV has the meaning given to it in Section 5.1(c) hereof.

Examples of HLBV in a sentence

  • Such statements shall include a statement of Members’ equity based on hypothetical liquidation at book value (HLBV) accounting.

  • Under HLBV, the amount of GAAP profits and losses to be recognized is determined without regard to unrealized increases or decreases in the estimated current values of the Company's assets.