Net Equity Amount definition

Net Equity Amount. As of any Measurement Date, the sum of (i) the aggregate amount of the Adjusted Borrowing Values of all Eligible Loans included in the Collateral as of such date, plus (ii) the sum of (x) all amounts on deposit in the Collection Account and (y) all Permitted Investments, minus (iii) the Advances Outstanding as of such date, minus (iv) the Excess Concentration Amounts, minus (v) the Unfunded Exposure Equity Amount, plus (vi) amounts on deposit in the Unfunded Exposure Account (such amount not to exceed the Unfunded Exposure Equity Amount).
Net Equity Amount means, on any date of determination, an amount equal to the sum of (i) the sum of the Asset Values of all Eligible Collateral Loans, plus (ii) the amounts on deposit in or credited to the Collection Account, minus (iii) the Advances Outstanding minus (iv) all other Obligations due and owing on such date. The Net Equity Amount shall be recalculated by the Collateral Manager and delivered to the Borrower and the Administrative Agent on each Measurement Date.
Net Equity Amount means the excess of (i) the sum of (A) 61.83% of the Appraised Value and (B) all other assets (including cash) of the Partnership over (ii) the sum of (A) 61.83% of the Mortgage Debt and (B) all other indebtedness and liabilities of the Partnership.

Examples of Net Equity Amount in a sentence

  • Any Third-Party Expenses incurred by an Acquired Entity that are not reflected on the Statement of Expenses, and thus were not included as part of the calculation of the Adjusted Net Equity Amount and, if included in the calculation of the Adjusted Net Equity Amount would have decreased the amount of the Net Equity Adjustment in favor of Buyer, if any (“Excess Third-Party Expenses”), shall be paid out of the Escrow Fund in accordance with Section 8.2.

  • Not less than five (5) Business Days prior to the Closing Date, the Company shall deliver to Parent a draft certificate, to be signed by the Company’s Chief Executive Officer not less than one (1) Business Day prior to the Closing, specifying the calculation of the Adjusted Net Equity Amount as of immediately prior to the Closing (the “Adjusted Net Equity Certificate”).

  • The Company shall determine the Net Equity Amount of each Affected Claimant in respect of a Net Equity Intermediary once it has received sufficient information from the relevant Net Equity Intermediary in order to do so.

  • The Company Stockholders shall be responsible for and shall pay when due any sales, use, value-added, excise, registration, stamp duty, transfer or other similar taxes or governmental fees (including any interest or penalties related thereto) that may be payable in connection with the Acquisition (“Transfer Taxes”), other than Transfer Taxes reflected as a Liability in the calculation of the Adjusted Net Equity Amount.

  • III-60 36 Individual Claim Amount, Net Equity Amount and TA Claimant Amount ..................


More Definitions of Net Equity Amount

Net Equity Amount means an amount equal to the sum of (a) the total stockholders’ equity as of June 30, 2009, and (ii) the Net Debt Amount, all computed in a manner entirely consistent with the Methodology. For the avoidance of doubt, the parties agree that (a) neither the value of the insurance policy referenced in Section 2.9(a) nor the book value of the cars referenced in Section 2.9(b) shall be included in any calculations of the Net Equity Amount.
Net Equity Amount has the meaning set forth in Section 2.4(a).
Net Equity Amount. On any Measurement Date, the amount that is equal to (i) the aggregate Adjusted Borrowing Value of all Eligible Loans included in the Collateral, plus (ii) all amounts on deposit in the Principal Collections Account and the Unfunded Exposure Account, minus (iii) the Advances Outstanding and all other amounts owed by the Borrower on such date.
Net Equity Amount means, as of any date of determination, an amount equal to the sum of (a) the Asset Values of all Eligible Loans held
Net Equity Amount means the amount shown as "Total assets" of Career Mosaic (excluding the $5.0 million capital contribution to be made by BHA to Career Mosaic pursuant to Section 5.14 of this Agreement), plus a credit for the amount of Consumer Marketing Expenses (as defined below), less the amount shown as "Total liabilities" (excluding "Due to parent company" liabilities), including, without limitation, "Accounts payable," "Accrued expenses" and "Deferred revenue," in each case as shown on the Closing Date Balance Sheet.
Net Equity Amount is defined in Section 1.2.
Net Equity Amount means, on any date of determination, an amount equal to the sum of (i) the sum of the Asset Values of all Eligible Collateral Loans, plus (ii) the amounts on deposit in or credited to the Collection Account, minus (iii) the Advances Outstanding, minus (iv) all other Obligations due and owing on such date, minus (v) the Unfunded Exposure Amount (net of the aggregate amount on deposit in the Unfunded Reserve Account). The Net Equity Amount shall be recalculated by the Collateral Administrator and delivered to the Borrower and the Administrative Agent on each Measurement Date.