Net Tangible Book Value means the total net tangible assets reflected on the December 31 Balance Sheet less an amount equal to (i) the total liabilities reflected on the December 31 Balance Sheet, plus (ii) the January Payment. "Net Asset Payments" means all of the payments due to the Company Stockholders under this Section 3.1(b). "Bear Stearns Payment" shall mean an amounx xxxxx to the lesser of (i) all indebtedness outstanding under that certain line of credit among Bear Stearns, Pruitt and Hill (the "Existxxx Xxxe xx Xxxdit"), xxcluding without limitation, all principal, interest, fees and other amounts due under that certain promissory note dated November 3, 2000 among Hill, Pruitt and Bear Stearns (the "Promisxxxx Xote"), and (xx) xhe January Payment.

Net Tangible Book Value as of the Measurement Date shall mean total consolidated shareholders equity less intangible assets, all as shown on the Measurement Date Balance Sheet.

Examples of Net Tangible Book Value in a sentence

Sample Calculation: Net Tangible Book Value per Share = Net Tangible Assets:$827,115Less Total Liabilities:$684,260Net Tangible Book Value:$142,855Shares Outstanding (Before Offering):524,920$142,855/524,920 =$0.27/share PREFERRED STOCK.
Dilution of Net Tangible Book Value per Share to Purchasers in this Offering$9.12*Before deduction of offering expenses If the total capital raised is $5,625,000: If the total capital raised is $7,500,000: There is a material disparity between the price of the Shares in this Offering and the effective cash cost to existing shareholders for shares acquired by them in a transaction during the past year.
Net Tangible Book Value is adjusted for conversion proceeds for the outstanding warrants and stock options discussed at (1).- 22 - The next table is the same as the previous, but adds in consideration of authorized but unissued stock options, presenting the fully diluted basis.
The Net Tangible Book Value without the adjustment is equal to $6,554,066.
The Reviewing Accountants shall determine all amounts in dispute with respect to the Closing Date Balance Sheet and shall determine the Actual Net Tangible Book Value.

More Definitions of Net Tangible Book Value

Net Tangible Book Value as of any date means the net book value of total assets less current liabilities of the Company after the elimination of any net inter-company balances due from or owing to SBI. "Purchase Price" means the Closing Payment plus or minus the Additional Payment plus the Holdback Amount.

Net Tangible Book Value means, at any date, all amounts that would, on a consolidated basis and in conformity with GAAP, represent total assets (excluding deferred policy acquisition costs), less intangible assets, reduced by our total liabilities.

Net Tangible Book Value means an amount equal to the Company's (a) total assets (net of reserves), minus (b) the sum of (i) intangible assets, including goodwill and any other item treated as an intangible asset under GAAP, (ii) all liabilities and (iii) the par value of preferred stock.

Net Tangible Book Value means all of the tangible net assets of the Subsidiaries less all of the liabilities of the Subsidiaries set forth on the unaudited balance sheets of the Subsidiaries as of the Closing Date (the "Closing Balance Sheets"), determined using GAAP, consistently applied by Seller. The parties agree that the Final Net Tangible Book Value calculation shall specifically (i) exclude all Excluded Assets and all assets and liabilities associated with the Excluded Businesses and the Retained Music Business, (ii) exclude all intercompany payables and receivables to or from Seller and Affiliates of the Seller which shall be written-off, distributed to or purchased by Seller (as Seller may determine) or assumed by Seller, as the case may be, prior to the Closing and (iii) include the reserves referred to in Part 2.3(a) of the Disclosure Letter.

Net Tangible Book Value means the total net tangible assets reflected on the December 31 Balance Sheet less an amount equal to (i) the total liabilities reflected on the December 31 Balance Sheet, plus (ii) the January Payment. "Net Asset Payments" means all of the payments due to the Company Stockholders under this Section 3.1(b). "Bear Stearns Payment" shall mean an amount equal to the lesser of (i) xxx xxdebtedness outstanding under that certain line of credit among Bear Stearns, Pruitt and Hill (the "Existing Line of Credit"), includxxx xxxhoxx xxxitatixx, all principal, interest, fees and other amounts due under that certain promissory note dated November 3, 2000 among Hill, Pruitt and Bear Stearns (the "Promissory Note"), and (ii) the Jaxxxxx Payment.

Net Tangible Book Value has the meaning set forth in Section 5.26.

Net Tangible Book Value means the net book value of stockholders' equity of the Combined Company (as defined in Section 2.03), less any goodwill included in any of the Assets.