Total Book Value definition
Examples of Total Book Value in a sentence
The Parent shall not at any time on a Consolidated basis permit the ratio of (a) the Parent’s Secured Indebtedness to (b) the Consolidated Total Book Value to exceed forty-five percent (45%).
The Parent shall not at any time on a Consolidated basis permit the ratio of (a) the Parent’s Secured Indebtedness to (b) the Consolidated Total Book Value to exceed 45%.
The Parent shall not at any time on a Consolidated basis permit the ratio of (a) the Secured Recourse Indebtedness of the Parent and its Subsidiaries to (b) the Consolidated Total Book Value to exceed 10%.
For illustration purposes only, an aggregate Total Book Value of the Acquired Assets (as calculated using the correlative "Total Book Value" of each of the applicable delivered assets, as set forth on Schedule 1.1) delivered by Seller to Buyer at the Closing of $5,250,000 would result in a Purchase Price increase of $205,682 ($5,250,000 being an 8.2273% increase over $4,850,903) resulting in an aggregate Purchase Price of $2,705,682 (an 8.2273% increase over the Gross Closing Cash Payment).
Notwithstanding anything to the contrary in this Article X, any sale of Collateral which consists of Property described in this Section 10.14 (other than sales of Collateral described in clause (b) above), either individually or in the aggregate, having a value based upon its Total Book Value in excess of $2,000,000 shall require the prior written approval of all of the Lenders.
The Parent shall not at any time on a Consolidated basis permit the ratio of (a) the Secured Recourse Indebtedness of the Parent and its Subsidiaries to (b) the Consolidated Total Book Value to exceed ten percent (10%).
The Parent shall not at any time on a Consolidated basis permit the ratio of (a) the Parent's Secured Indebtedness to (b) the Consolidated Total Book Value to exceed forty-five percent (45%).
The Post-Closing Adjustment shall reflect the percentage differential basis between (1) the aggregate "Total Book Value" of the Acquired Assets (as calculated using the correlative "Total Book Value" of each of the applicable delivered assets, as set forth on Schedule 1.1) delivered by Seller to Buyer at the Closing and (2) the amount of Four Million, Eight Hundred and Fifty Thousand, Nine Hundred and Three United States Dollars (US$4,850,903).