Total Net Assets definition

Total Net Assets means, as of any date, (a) the “value of the total assets” (within the meaning of the first sentence of Section 18(h) of the ICA) of the Borrower less (b) the Ordinary Liabilities of the Borrower.
Total Net Assets means, at any date, the total net assets of the Borrower and its Subsidiaries determined on a consolidated basis, without duplication, in accordance with GAAP.
Total Net Assets means the summation of the market value of each investment less Trust Fee, taxes, and other qualified expenses.

Examples of Total Net Assets in a sentence

  • Leverage Ratio = Total Liabilities / Total Net Assets Your Rating:Key Area: Market Size Self-RatingRate your organization’s strength with regard to each of the key areas on a scale of one to five, with five being the most favorable.


More Definitions of Total Net Assets

Total Net Assets means, with re- spect to the person declaring a non- cash distribution
Total Net Assets means, with respect to any PPF, on any Valuation Date, an amount equal to the excess of (a) the sum of:
Total Net Assets means, after the payment or provision for payment of the
Total Net Assets means, after the payment or provision for payment of the decedent's funeral expenses, year's allowances to persons other than to the surviving spouse, debts, claims, and administration expenses, the sum of the following:
Total Net Assets means (a) Total Assets minus (b) all liabilities of the Borrower minus (c) all Preferred Stock owned or issued by the Borrower.
Total Net Assets means, withrespect to the person declaring a non- cash distribution
Total Net Assets. , at any time, means the Net Indicative NAV of all Class XXIV Ordinary Shares issued and subscribed for at such time.