Statement of Net Assets definition

Statement of Net Assets means a statement of the consolidated Net Assets of the Target Group set out in the same manner as the Pro Forma Statement of Net Assets showing the Net Assets calculation at Completion, as derived from the Completion Accounts.

Statement of Net Assets shall have the meaning set forth in Section 2.6(a).

Statement of Net Assets means the statement of net assets as at the Statement of Net Assets Date, as set out in Part 2 of Schedule 23;

Examples of Statement of Net Assets in a sentence

• The Depositor shall deliver to the Trustee any cash identified in the Statement of Net Assets of the Trust included in the Prospectus not later than the expiration of the Delivery Period and the Depositors obligation to make such delivery shall be secured by the letter of credit deposited pursuant to Section 2.01.

• The Depositor shall deliver to the Trustee any cash identified in the Statement of Net Assets of the Trust included in the Prospectus not later than the expiration of the Delivery Period and the Depositor's obligation to make such delivery shall be secured by the letter of credit deposited pursuant to Section 2.01.

• Interfund receivables and payables between funds within governmental activities are eliminated in the Statement of Net Assets.

• Long-term Liabilities – In the government-wide financial statements, long-term debt and other long-term obligations are reported as liabilities in the governmental activities column in the Statement of Net Assets.

• With this measurement focus, all assets and all liabilities are included on the Statement of Net Assets.

More Definitions of Statement of Net Assets

Statement of Net Assets shall have the meaning set forth in Section 2.4(a).

Statement of Net Assets means, in respect of GlaxoSmithKline, the GlaxoSmithKline Statement of Net Assets and, in respect of Novartis, the Novartis Statement of Net Assets;

Statement of Net Assets means the adjusted statement of net assets of the Company as of June 25, 1999, which is attached as Schedule 1.18(a) hereto. Adjustments to the Statement of Net Assets for Excluded Assets and Liabilities and corporate reserves are also described in Schedule 1.18(a). The Statement of Net Assets also includes the reserves described on Schedule 1.18(b).

Statement of Net Assets is defined in Section 5.6(a) of the Agreement.

Statement of Net Assets has the meaning specified in Section 1.02(c).

Statement of Net Assets has the meaning set forth in Section 3.3(b).

Statement of Net Assets means a statement providing a breakdown for each of the Company, RWD Canada, RWD UK and RWD Colombia, of all Assumed Assets and Assumed Liabilities as of the Closing Date.