Target Net Assets definition

Target Net Assets has the meaning set forth in Section 2.7(a). Tax: any federal, state, provincial, local or foreign income, alternative, minimum, accumulated earnings, personal holding company, franchise, capital stock, net worth, capital, profits, windfall profits, gross receipts, value added, sales, use, goods and services, excise, customs duties, transfer, conveyance, mortgage, registration, stamp, documentary, recording, premium, severance, environmental (including taxes under Section 59A of the Code), real property, personal property, ad valorem, intangibles, rent, occupancy, license, occupational, employment, unemployment insurance, social security, disability, workers' compensation, payroll, health care, withholding, estimated or other similar tax, duty or other governmental charge or assessment or deficiencies thereof, and including any interest, penalties or additions to tax attributable to the foregoing. Tax Return: any return, report, declaration, form, claim for refund or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.
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Target Net Assets means forty million dollars ($40,000,000).
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Target Net Assets has the meaning as set forth in Section 3.2(d).
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Examples of Target Net Assets in a sentence

  • The Purchase Price shall be (i) increased by the amount that the Closing Date Net Assets (as hereinafter defined), are greater than $25,099,080 (which amount is the book value of the net assets as shown on the adjusted September Balance Sheet (the "Target Net Assets"); or (ii) decreased by the amount that the Closing Date Net Assets are less than the Target Net Assets.

  • The Cash Payment shall be (i) increased dollar-for-dollar by the amount by which the Estimated Net Assets exceeds the Target Net Assets or (ii) decreased dollar-for-dollar by the amount by which the Estimated Net Assets is less than the Target Net Assets.

  • The Target Net Assets shall be Twelve Million Two Hundred Eleven Thousand Six Hundred Thirty-one Dollars ($12,211,631.00) (the “Target Net Assets”).

  • Alternatively, if Buyer delivers to Seller the Objection Notice referred to in Section 2.2(d), within two (2) business days after such delivery, (y) Seller shall pay to Buyer the amount, if any, by which the undisputed portion of the Final Net Assets is less than the Target Net Assets, or (z) Buyer shall pay to Seller the amount, if any, by which the undisputed portion of the Final Net Assets is greater than the Target Net Assets.

  • There shall be no increases or decreases to goodwill and other intangible assets from those used in preparation of the Statement of Net Assets and included in the Target Net Assets except for amortization expense recorded during the period between September 30, 1999 and the Closing Date based on the amortization accounting policies and useful lives used in preparing the Financial Statements.


More Definitions of Target Net Assets

Target Net Assets means $49,311,000.
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Target Net Assets has the meaning set forth in Section 1.4(a).
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Target Net Assets means zero dollars ($0).
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Target Net Assets means $19,969,906, which is the Net Assets as of April 30, 2003 as shown on Schedule 3.2 of the Sellers Disclosure Schedule which was calculated from the Balance Sheet prepared in accordance with the Agreed Accounting Principles on such Schedule 3.2 of Sellers Disclosure Schedule
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Target Net Assets means One Hundred Sixty Million Twenty-Nine Thousand (160,029,000) SEK.
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Target Net Assets means an amount equal to $135,600,000.
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Target Net Assets means the sum of (A) U.S. $119,000,000, representing the Net Assets of the Business as set forth on the September 30, 1999 Statement of Net Assets plus (B) the Stub Period Operating Income for the
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