Value of the Business definition

Value of the Business means the Assets (excluding goodwill, trademarks, tax assets and other intangible assets and excluding any purchase accounting adjustments as a result of the transactions contemplated in this Agreement and the Ancillary Agreements) less the Assumed Liabilities, as calculated in accordance with United States generally accepted accounting principles, practices and methods ("GAAP"), applied consistently with the Balance Sheets (as defined in Section 3.4), subject to the exceptions set forth on Schedule 3.4 of the Disclosure Schedules; it being understood and agreed that to the extent any items, classes of items, line items or accounts existing on September 30, 2000 are reflected in the Final Statement but are not reflected in the Balance Sheet as of September 30, 2000 set forth in Schedule 3.4 of the Disclosure Schedule (the "CURRENT BALANCE SHEET"), or vice-versa, then the Target Amount will be adjusted to include and reflect any such items or accounts not previously reflected as such items, classes of items, line items or accounts were reflected by Seller on its balance sheets as of September 30, 2000. For avoidance of doubt, (i) to the extent there is a liability reflected on the Current Balance Sheet but such liability would not have been, and is not, an Assumed Liability and therefore is not included on the Final Statement, the Target Amount shall be increased by the carrying value of such liability on Seller's balance sheet as of September 30, 2000, (ii) to the extent there is a liability that was on Seller's balance sheet as of September 30, 2000 that was not reflected on the Current Balance Sheet but such liability is an Assumed Liability and therefore is included on the Final Statement, the Target Amount shall be decreased by the carrying value of such liability on Seller's balance sheet as of September 30, 2000, (iii) to the extent there is an asset on the Current Balance Sheet but such asset would not have been, and is not, an Asset and therefore is not included in the Final Statement, the Target Amount shall be decreased by the carrying value of such asset on Seller's balance sheet as of September 30, 2000, and (iv) to the extent there is an asset that was on Seller's balance sheet as of September 30, 2000 that was not reflected on the Current Balance Sheet but such asset is an Asset and therefore is included on the Final Statement, the Target Amount shall be increased by the carrying value of such asset on Seller's balance sheet as of September 3...
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Value of the Business means the sum of (A) the Net Tangible Asset Value of the Business and (B) the Intangible Asset Value of the Business;
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Value of the Business shall have the meaning set forth in Section 2.1(b)(i).
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Examples of Value of the Business in a sentence

  • Your adviser will be able to assist you in completing this form;– you must provide us with financial and other supporting evidence we require (including but not limited to non-medical details such as occupation, residency, pursuits and other insurance cover) in order to satisfy us as to the increase in the Value of the Business, the increase to Business Loan Guarantees or the Value of the Life Insured to the Business (as applicable).

  • Master’s Leadership Symposium 2019, “Pulling it all together: The Enduring Value of the Business Manager’s Degree” Keynote Speaker, San Francisco, California, December 2019.

  • Indemnity Cover Basis of Settlement Where the Basis of Settlement stated in the Schedule is Indemnity Our maximum liability under this Section will be limited to an amount not exceeding the Indemnity Value of the Business Property or the Sum Insured whichever is the lesser amount.

  • For purposes of this Agreement, Value of the Business Reinsured shall mean an amount equal to the present value of future Reinsurance Premiums less the present value of future Reinsured Benefits, calculated in good faith as soon as reasonably possible, using the actuarial assumptions of the Party with the termination or recapture right and the methodology used for the calculation of Collateral Amount as set forth in Schedule E.

  • If the Agreement is terminated pursuant to Section 21.02 the Reinsurer shall calculate the Value of the Business Reinsured at its sole discretion.

  • Graduate Management Admission Council (GMAC) Leadership Symposium, “Pulling it all together: The Enduring Value of the Business Manager’s Degree” Keynote Speaker, San Francisco, California, December 2019.

  • However, if recapture is elected by the Ceding Company as a result of an Uncontrollable Reserve Credit Event that the Reinsurer cannot cure in accordance with Article 7, the Value of the Business Reinsured shall be mutually determined by the Parties.

  • If recapture is elected by the Ceding Company pursuant to Section 9.01 (a), (b), (c) or (d), the Ceding Company shall calculate the Value of the Business Reinsured at its sole discretion.

  • The calculating Party shall provide the other Party with notice of the Value of the Business Reinsured so calculated, including reasonable supporting documentation.

  • Therefore, IFA used Book Value of the Business as shown in the most recent financial statement as of March 31, 2020 reviewed by auditor and adjusting with increase or decrease from the newly appraised values of the Business’s assets, including land with buildings, machines and office equipment according in to the appraised values from the independent asset appraiser accredited by the Valuers Association of Thailand (“VAT”) and approved by the SEC for public purpose.


More Definitions of Value of the Business

Value of the Business means the amount equal to the aggregate value of the Business taking into account all relevant factors including, as applicable, (i) the aggregate consideration actually received by Seller or any of its Affiliates (including the value of any liabilities assumed) in connection with one or more transactions with any Third Party relating to the direct or indirect sale, transfer or other disposition of any of the Transferred Assets, (ii) the aggregate value of any Transferred Assets of which Seller or any of its Affiliates retains ownership pursuant to an Alternative Seller Plan or Alternative Third Party Plan, and (iii) the aggregate value of any Transferred Assets that are transferred in kind to any Third Party in connection with a liquidation of Seller; provided that Buyer shall bear the burden of proof with respect to establishing such amount of the value of the Business.
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Related to Value of the Business

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • City-based business means a person who (i) conducts meaningful day-to-day business operations at a facility located within the city and reports such facility to the Internal Revenue Service as a place of employment for the majority of its regular, full-time workforce; (ii) holds any appropriate city license; and (iii) is subject to applicable city taxes.

  • Licensed Business means the activities connected with the conveyance of

  • Home-based business means an accessory use to an authorised residential use in which one or more residents carry on a business, and for greater certainty, includes a bed and breakfast, but does not include child care.

  • Acquired Business means the entity or assets acquired by the Borrower or another Loan Party in an Acquisition, whether before or after the date hereof.

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Qualified business means an eligible business that:

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • value of materials means the customs value at the time of importation of the non-originating materials used, or, if this is not known and cannot be ascertained, the first ascertainable price paid for the materials in the exporting Party;

  • Value of Contract means the sum accepted or the sum calculated in accordance with the prices accepted in Tender and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the work.

  • Micro Business means a company which either:

  • Parent Business shall have the meaning set forth in the Separation and Distribution Agreement.

  • 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.

  • Branch business means any insurance business transacted by a branch captive insurance company in this State.

  • Microbusiness means a licensee that may act as a cannabis

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • Qualified business facility means any building, complex of

  • Historical Fair Market Value means the volume weighted average price of the Ordinary Shares during the ten (10) trading day period ending on the trading day prior to the first date on which the Ordinary Shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. No Ordinary Shares shall be issued at less than their par value.