Total Gross Assets definition

Total Gross Assets means the Total Gross Assets of the Company and its Subsidiaries as shown in its audited consolidated group accounts most recently preceding the Period of Insurance.
Sample 1
Total Gross Assets means, as of any date of determination, the total assets of the Company plus total accumulated depreciation on Coinstar units, computer and information systems and office equipment, less (i) all goodwill, trade names, patents and any other intangibles and (ii) any assets of, or Equity Interests in, any Subsidiary of the Company or any Investment in any other Person, all as would be set forth on a balance sheet of the Company on an unconsolidated basis as of such date of determination in accordance with GAAP; PROVIDED, HOWEVER, that Total Gross Assets shall not include (x) for any date of determination prior to January 1, 1999, any of the Company's Coinstar units which the Company acquired, or any capital expenditure invested in Coinstar units expended or incurred, more than five years prior to the date of determination; (y) for any date of determination from and after January 1, 1999, any of the Company's Coinstar units that the Company acquired, or any capital expenditure invested in Coinstar units expended or incurred, more than seven years prior to the date of determination; and (z) any Coinstar unit (or any portion of the revenue from any such unit) that has been (1) pledged or encumbered to secure obligations of any Person other than the Company or (2) leased, assigned or is otherwise subject to a transaction such that as a result of such lease, assignment or other transaction any other Person shall be entitled on a non-contingent basis to receive directly all or a portion of the revenue generated by such Coinstar unit.
Sample 1
Total Gross Assets means the sum of: (1) unrestricted cash and marketable securities held by the Originator; plus (2) notes receivable (including all mortgage loans receivable) net of allowance for uncollectible notes (as shown on the Originator's balance sheet), plus (3) equipment loan receivable net of allowance for uncollectible equipment loans; plus (4) portfolio property (reflected at the lesser of the portfolio property's Market Value or undepreciated cost) plus (5) refundable escrow deposits to be held for the acquisition of real estate; provided, however, that the assets securing Non-Facility Credit Tenant Debt shall not be included in Total Gross Assets.
Sample 1

Examples of Total Gross Assets in a sentence

  • Because we may not be able to use our cash to reduce our debt on a dollar-for-dollar basis, this measure may have material limitations.Secured Debt Ratio* Total Secured Debt (mortgage and other debt secured by real estate, as reported in our consolidatedfinancial statements plus our pro rata share of mortgage debt from the Investment Management Platform, HCR and the CCRC JV) divided by Total Gross Assets.

  • This Amendment shall be recorded in the Ada County Recorder’s office immediately upon the adoption and execution of the Amendment by the Parties.

  • Total Gross Assets shall be those “total assets” reported on the U.S. Form 1120, Schedule L (Federal Return) relative to the company’s fiscal year ending the calendar year of the report.

  • Reflects our pro-rata share of amounts from the Investment Management Platform, HCR and the CCRC JV.Other Definitions:Assets U de Ma age e tRepresents our owned real estate investments, the carrying amount of our debt investments and 100% of the real estate investments held in our unconsolidated joint ventures, excluding assets under development and land held for development.Financial Leverage* Total Debt divided by Total Gross Assets.

  • This licence is in the final stages of approval and we expect to receive the same during FY 20.Your company with its continuous focus on strengthening asset quality, have brought down the Gross Stage 3 Assets to Total Gross Assets Ratio from 3.4% in March 2018 to 2.7% in March 2019.

  • Bids shall be requested from three (3) or more reputable sources for any authorized commodities or contractual services of supply for any authorized purchase of $25,000 exceeding$50,000 or more.

  • For example, in a corner (e.g. The media has him in a corner ) and encurralado (“cornered”) are semantically equivalent but realised by different constructions – a PP in English and an adjective in Portuguese.There are of course many MWEs which have no direct translation equiv- alent in a second language.

  • The measure for most Executives is the Earnings Before Depreciation Rentals Interest and Tax (EBDRIT) and, for the members of the Executive Committee, is the Return on Total Gross Assets (RoTGA) being EBDRIT divided by Total Gross Assets.

  • If Resolutions 9 to 11 are not passed, the Directors will not be able to subscribe for the Director Shares and no further funds will be raised.

  • Analysis of Total Gross Assets% of Total Gross AssetsTransferable Securities and Money Market Instruments27.37Collective Investment Schemes27.86OTC Financial Derivative Instruments40.22Exchange Traded Financial Derivative Instruments0.00Current Assets4.55 100.00The Counterparty for the Funded Swap is Barclays Bank plc.

Related to Total Gross Assets

  • Gross Assets means the total of fixed assets and current assets;

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Shared-Loss Assets means Shared-Loss Loans, Other Real Estate purchased by the Assuming Institution, Additional ORE, Shared-Loss Subsidiaries, and Capitalized Expenditures, but does not include Shared-Loss Securities.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Specified Assets the following property and assets of such Grantor:

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Fixed Assets means the Equipment and Real Estate of the Borrower.

  • Information Assets means any information, including Confidential Information, necessary to the operation of either party that is created, stored, transmitted, processed, or managed on any hardware, software, network components, or any printed form, or is communicated orally. “Information Assets” does not include information that has been transferred from the Disclosing Party to the Receiving Party under applicable laws, regulations, and agency guidance, and that is being maintained and used by the Receiving Party solely for purposes that are not Contractor Covered California Functions.

  • Total Consolidated Assets means, as of any date, the total consolidated assets of the Guarantor and its Subsidiaries computed in accordance with GAAP as of the last day of the fiscal quarter most recently ended prior to such date, subject to the second sentence of the definition of “Debt” in the Base Indenture.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Client Assets means assets which a bank has undertaken to hold for a client (whether or not on trust, and whether or not the undertaking has been complied with);

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

  • Disposable income means that part of the income due and payable of any individual remaining

  • Gross estate means the gross estate, for federal estate tax purposes.

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • CCR means the California Code of Regulations.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Divestiture Assets means all of Defendants’ rights, titles, and interests in and to:

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • Total Assets under Management is the total average assets under management for the month for all Accounts or portions thereof for which all investment advisers (including the Adviser) to which FASC provides that Category of Services act as investment adviser or subadviser and which utilize the Category of Services. “Applicable Margin” is 0.10.