Net Book Value of the Business definition

Net Book Value of the Business means the amount by which assets exceed liabilities as reflected on the Final Balance Sheet.
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Net Book Value of the Business means the total assets of the Business (net of allowances for doubtful accounts and accumulated depreciation) minus the Assumed Liabilities as shown on the applicable balance sheet of the Seller, calculated in accordance with GAAP.
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Net Book Value of the Business means Purchased Assets minus Assumed Liabilities determined in accordance with Seller's Accounting Policies.
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Examples of Net Book Value of the Business in a sentence

  • The "Balance Sheet Adjustment" shall be equal to the amount by which the Net Book Value of the Business exceeds US$603,291,000 (a "Positive Balance Sheet Adjustment") or is less than US$603,291,000 (a "Negative Balance Sheet Adjustment").

  • The term "Net Book Value of the Business" means the amount by which assets exceed liabilities as reflected on the Final Balance Sheet.

  • Within 60 days after the Closing Date, Purchaser shall cause to be prepared and delivered to Seller a balance sheet for the Purchased Entities as of October 31, 2004, which shall have been audited at Purchaser's expense by Purchaser's auditor, together with a statement (the "Statement") prepared by Purchaser setting forth (i) the Net Book Value of the Business as of the close of business on October 31, 2004, and (ii) the amount, if any, of current Taxes payable allocable to Straddle Period Taxes.

  • Para responder a una solicitud de traslado basada en el acoso o abuso sexual de un estudiante, el director o su representante deberán consultar el FDE para informarse sobre las disposiciones vigentes.

  • If you ever feel that you are being encouraged or asked to leave our Plan because of your health, you should call 1- 800-MEDICARE (1-800-633-4227), which is the national Medicare help line.

  • A closing statement (the "Closing Statement") setting forth and certifying as to the Net Book Value of the Business as of the Closing Date which shall not be less than $70,000.

  • During the year, 59.52% of the Company’s standalone total revenues was derived from exports.

  • The unaudited Statement of Net Book Value as of Statement of Net Book Value Date, a copy of which is attached hereto as Exhibit D, presents fairly in all material respects, the Net Book Value of the Business as of such date.

  • At the Closing, the Cash Consideration shall be adjusted, if at all, upward or downward on a dollar-for-dollar basis, based on the difference between Net Book Value of the Business as set forth on the Statement of Net Book Value and the Net Book Value of the Business as it existed as of September 30, 2002.

  • It was further noted that thousands of monuments from private partiesare associated with the government, most recognizably, the Statue of Liberty, the Marine Corp War Memorial, and Vietnam Veterans Memorial.


More Definitions of Net Book Value of the Business

Net Book Value of the Business means the sum of the following: Gross accounts receivable, raw materials, work in process, finished goods and prepaid computer expenses of the Business, less the sum of the trade accounts payable and customer deposits relating to the Business.
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Net Book Value of the Business means an amount equal to the book value of the Assets acquired by PRG pursuant to this Agreement, less the book value of the Assumed Liabilities, (b) the "Closing Balance Sheet" shall mean the balance sheet of the Business at the Closing Date, prepared and reviewed as described in this Section 1.6, (c) the "Adjustment Date" shall mean the later of the 15th day after delivery of the report of the Auditors pursuant hereto, or the date upon which any dispute concerning the Financial Statements, the Closing Balance Sheet, the Adjustment Amount or the amount of the Purchase Price is resolved, and (d) the December 31,1996 Ernst & Young Balance Sheet shall mean the balance sheet of the Sellers as of December 31,1996 as reviewed by Ernst & Young.
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Related to Net Book Value of the Business

  • 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;

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Consolidated Net Tangible Assets means total assets (less depreciation and valuation reserves and other reserves and items deductible from gross book value of specific asset accounts under GAAP) after deducting therefrom (i) all current liabilities and (ii) all goodwill, trade names, trademarks, patents, unamortized debt discount, organization expenses, and other like intangibles, all as set forth on the most recent balance sheet of the Company and its consolidated Subsidiaries and computed in accordance with GAAP.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Qualified business means an eligible business that:

  • Minority Business means a business:

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Qualified business facility means any building, complex of

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.

  • 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.

  • City-based business means a person who (i) conducts meaningful day-to-day business operations at a facility located within the city and reports such facility to the Internal Revenue Service as a place of employment for the majority of its regular, full-time workforce; (ii) holds any appropriate city license; and (iii) is subject to applicable city taxes.

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • Eligible next Michigan business means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Excluded Businesses means Business types which are excluded from application for an Inter-Community Business Licence and includes those Business types referred to in Schedule “A”.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Consolidated Businesses means the General Partner, the Borrower and their wholly-owned Subsidiaries.

  • Home-based business means an accessory use to an authorised residential use in which one or more residents carry on a business, and for greater certainty, includes a bed and breakfast, but does not include child care.

  • Acquired Business means the entity or assets acquired by the Borrower or another Loan Party in an Acquisition, whether before or after the date hereof.

  • Consolidated Total Assets means, as of the date of any determination thereof, total assets of the Borrower and its Subsidiaries calculated in accordance with GAAP on a consolidated basis as of such date.