Tangible Assets definition
Tangible Assets means assets consisting of land, buildings and plant, machinery and equipment;
Tangible Assets means all tangible personal property and interests therein, including inventory, machinery, computers and accessories, furniture, office equipment, communications equipment, and other tangible property.
Tangible Assets means, at any date, the gross book value as shown by the accounting books and records of any Person of all its property both real and personal, less (i) the net book value of all its licenses, patents, patent applications, copyrights, trademarks, trade names, goodwill, non-compete agreements or organizational expenses and other like intangibles, (ii) unamortized Debt discount and expenses, (iii) all reserves for depreciation, obsolescence, depletion and amortization of its properties and (iv) all other proper reserves which in accordance with GAAP should be provided in connection with the business conducted by such Person.
Examples of Tangible Assets in a sentence
Except as set forth in Section 4.09 of the Disclosure Schedules, the Tangible Assets are structurally sound, are in good operating condition and repair, subject to ordinary wear and tear, and are adequate for the uses to which they are being put (including, for the avoidance of doubt, the operation of the Business), and none of such Tangible Assets is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.
More Definitions of Tangible Assets
Tangible Assets has the meaning given that term in Section 2.1(a).
Tangible Assets means the total consolidated assets, less goodwill and intangibles, of OI Group and its Restricted Subsidiaries, as shown on the most recent balance sheet of OI Group.
Tangible Assets means at any date, with respect to any Person, (a) the sum of all amounts that would, in accordance with GAAP, be set forth opposite the caption “total assets” (or any like caption) on a consolidated balance sheet of such Person at such date minus (b) the sum of all amounts that would, in accordance with GAAP, be set forth opposite the captions “goodwill” or other intangible categories (or any like caption) on a consolidated balance sheet of such Person on such date.
Tangible Assets means total assets of the Company and its Restricted Subsidiaries, as reflected in accordance with GAAP on the face of the consolidated balance sheet of the Company and its Restricted Subsidiaries for the most recently ended fiscal quarter for which financial statements are available, less goodwill, trademarks, trade names, copyrights, patents, organizational expenses, capitalized research and development costs and unamortized deferred tax assets and other like intangibles of the Company and its Restricted Subsidiaries.
Tangible Assets means, at any date, Consolidated Total Assets (less depreciation, depletion and other properly deductible valuation reserves) after deducting (but without duplication) Intangible Assets.
Tangible Assets means all assets of a Person, other than assets that are considered to be intangible assets under GAAP.
Tangible Assets means the total of all assets appearing on a balance sheet of the Borrower prepared in accordance with GAAP (with Inventory being valued at the lower of cost or market), after deducting all proper reserves (including reserves for Depreciation) minus the sum of (i) goodwill, patents, trademarks, prepaid expenses, deposits, deferred charges and other personal property which is classified as intangible property in accordance with GAAP, and (ii) any amounts due from shareholders, Affiliates, officers or employees of the Borrower.