Actual Net Worth definition

Actual Net Worth means the actual net worth of the BHR Group as reflected on a balance sheet for the BHR Group as of the close of business on the Spin-Off Date prepared in accordance with this Section 2.6 and on a basis consistent with, and using the same accounting principles, policies, practices and procedures used in preparing, the Post-Closing Balance Sheet and giving effect to the payment of the estimated Post Closing Settlement Amount (the "Final Post-Closing Balance Sheet").
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Actual Net Worth means, as of any applicable date, the amount by which the consolidated total assets of the Company on the applicable date exceed the total liabilities on such date, with total assets and total liabilities calculated in accordance with the Net Worth Methodology.
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Actual Net Worth shall have the meaning set forth in Section 2.4.
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Examples of Actual Net Worth in a sentence

  • We proposed changes to the NTIOL request for review process in the CY 2007 OPPS/ASC proposed rule published in the Federal Register on August 23, 2006 (71 FR 49631 through 49635) and finalized changes to that process in the CY 2007 OPPS/ASC final rule with comment period (71 FR 68175 through68181).

  • The review performed by the Arbitrating Accounting Firm shall be limited to the issues identified in the notice, which issues shall only relate to whether the Actual Net Worth of the POC Companies (including Schlumberger's equity ownership in the Transferred Joint Venture Companies), as shown on the True-Up Balance Sheet, has been calculated correctly based on the principles set forth in the first sentence of SECTION 1.3(d).

  • In any case the position analysis form will be submitted to the Board through the supervisor.

  • A reason why this technique is promising for the East-bound arrival flow is that it has few crossings along the route.

  • This applies to the groups "Engine Problem unspecified" and "Unknown cause".

  • For multiple-family dwellings and other uses, the front, side and rear setback shall be five feet (5').

  • Notwithstanding anything to the contrary in Section 4.1 hereof, all of the Accounting Fees shall be paid for by Company, but consistent with Section 3.2(f) hereof, only one half (1/2) of the Accounting Fees will be taken into account in determining the Estimated Net Worth and Actual Net Worth of Company, which has the effect of Company and Cerprobe each paying one half (1/2) of the Accounting Fees.

  • The parties shall confer in good faith to resolve any dispute that may arise with respect to the calculation of the amount of the Actual Net Worth.

  • The costs and commissions incurred by Company in connection with the Merger, including, but not limited to, legal, accounting, consulting and broker costs and commissions shall be taken into account in determining the Estimated Net Worth and the Actual Net Worth of Company; provided, however, that only one half (1/2) of the Accounting Fees (as defined in this Section 3.2(f)) shall be taken into account in determining the Estimated Net Worth and the Actual Net Worth of Company.

  • The Company may take actions described in clauses (c), (d) or (e) of Section 5.7 and pay fees and expenses arising in connection with the transactions described in this Agreement, provided that the amounts so expended and liabilities so incurred do not cause the Actual Net Worth as of the Closing Date to be less than the Net Worth Target.


More Definitions of Actual Net Worth

Actual Net Worth means the Net Worth as shown on the True-Up Balance Sheet, as adjusted pursuant to SECTION 1.3(c). "Affiliate(s)" means any Person controlling, controlled by, or under common control with, another "Person"; for purposes of this definition (and for such purposes only), "control" shall mean the ownership, directly or indirectly, of 50% or more of the outstanding common stock of a Person.
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Actual Net Worth means the Net Worth of the Companies as of the Closing Date, as determined by the Companies' accountants in accordance with the procedures employed by Jeff Birk in his "Agreed Upon Prxxxxxxxx Report" dated December 31, 1999, but subject to the provisions of Section 2.4.
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Actual Net Worth is defined in Section 2.7.1.
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Actual Net Worth means the net worth of the Company determined in accordance with GAAP, as reflected on the Closing Balance Sheet. The Merger Consideration Deduction, if any, shall be returned by the Stockholder to Precept Transportation from the Merger Consideration held in escrow pursuant to Section 7.6 hereof. Such Merger Consideration Deduction shall be made pro rata, based on the amount of assets held in such escrow account. Parent Class A Common Stock will be valued for such purpose at the Closing Date Price.
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Actual Net Worth has the meaning set forth in Section 7.2(c).
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Actual Net Worth means the Net Worth as shown on the True-Up Balance Sheet, as adjusted pursuant to Section 1.3(c).
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Related to Actual Net Worth

  • Net Worth means, with respect to any Person, an amount equal to, on a consolidated basis, such Person’s stockholder equity (determined in accordance with GAAP).

  • Book Net Worth means the aggregate of the common and preferred stockholders' equity in the Borrower, determined in accordance with GAAP.

  • Adjusted Tangible Net Worth As of the date of determination thereof, the sum of: (i) Servicer's Tangible Net Worth; plus (ii) one percent (1%) of the amount of Servicer's servicing portfolio, as determined by the Master Servicer in the Master Servicer's reasonable discretion.

  • Minimum Tangible Net Worth means, with respect to the Parent, at any time, the sum of (a) $1,418,939,250 plus (b) 75% of the aggregate net proceeds received by the Parent or any of its Subsidiaries after September 30, 2013 in connection with any offering of Stock or Stock Equivalents of the Parent or its Subsidiaries; provided however, that any such net proceeds used solely for the purpose of redeeming the Parent’s preferred stock shall not be included in such sum.

  • Effective Tangible Net Worth means the Borrower’s stated net worth plus Subordinated Debt but less all intangible assets of the Borrower (i.e., goodwill, trademarks, patents, copyrights, organization expense, and similar intangible items including, but not limited to, investments in and all amounts due from affiliates, officers or employees).

  • Adjusted Net Worth of each Guarantor shall mean the greater of (x) the Net Worth (as defined below) of such Guarantor and (y) zero; and (iii) the “Net Worth” of each Guarantor shall mean the amount by which the fair saleable value of such Guarantor’s assets on the date of any Relevant Payment exceeds its existing debts and other liabilities (including contingent liabilities, but without giving effect to any Guaranteed Obligations arising under this Guarantee) on such date. Notwithstanding anything to the contrary contained above, any Guarantor that is released from this Guarantee pursuant to Section 18 hereof shall thereafter have no contribution obligations, or rights, pursuant to this Section 19, and at the time of any such release, if the released Guarantor had an Aggregate Excess Amount or an Aggregate Deficit Amount, same shall be deemed reduced to $0, and the contribution rights and obligations of the remaining Guarantors shall be recalculated on the respective date of release (as otherwise provided above) based on the payments made hereunder by the remaining Guarantors. All parties hereto recognize and agree that, except for any right of contribution arising pursuant to this Section 19, each Guarantor who makes any payment in respect of the Guaranteed Obligations shall have no right of contribution or subrogation against any other Guarantor in respect of such payment until all of the Guaranteed Obligations have been irrevocably paid in full in cash. Each of the Guarantors recognizes and acknowledges that the rights to contribution arising hereunder shall constitute an asset in favor of the party entitled to such contribution. In this connection, each Guarantor has the right to waive its contribution right against any Guarantor to the extent that after giving effect to such waiver such Guarantor would remain solvent, in the determination of the Required Lenders.

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.

  • Consolidated Tangible Net Worth means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, Shareholders’ Equity of the Borrower and its Subsidiaries on that date minus the Intangible Assets of the Borrower and its Subsidiaries on that date.

  • Tangible Net Worth is, on any date, the consolidated total assets of Borrower and its Subsidiaries minus, (i) any amounts attributable to (a) goodwill, (b) intangible items such as unamortized debt discount and expense, Patents, trade and service marks and names, Copyrights and research and development expenses except prepaid expenses, and (c) reserves not already deducted from assets, and (ii)

  • Actual Minimum means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Underlying Shares issuable upon exercise in full of all Warrants, without giving effect to (x) any limits on the number of shares of Common Stock that may be owned by a Holder at any one time, or (y) any additional Underlying Shares that could be issuable as a result of any future possible adjustments made under Section 9(d).

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Adjusted Consolidated Net Worth means, at any date, without duplication, the sum of (a) the consolidated shareholders’ equity, determined in accordance with GAAP, of the Guarantor and its Consolidated Subsidiaries, plus (b) the aggregate Hybrid Instrument Amount plus (c) the VA Adjustment Amount; provided that, in determining such Adjusted Consolidated Net Worth, there shall be excluded (i) any “Accumulated Other Comprehensive Income (Loss)” shown on the consolidated balance sheet of the Guarantor and its Consolidated Subsidiaries prepared in accordance with GAAP, (ii) the effect of any election under the fair value option in FASB ASC 825 permitting a Person to measure its financial assets or liabilities at the fair value thereof, and the related tax impact and (iii) all noncontrolling interests (as determined in accordance with Statement of Financial Accounting Standards No. 160, entitled “Noncontrolling Interests in Consolidated Financial Statements”) shown on the consolidated balance sheet of the Guarantor and its Consolidated Subsidiaries.

  • Consolidated Adjusted Net Worth means, as of any day for the Consolidated Group, the sum of (a) total shareholders’ equity or net worth plus (b) accumulated depreciation and accumulated amortization, in each case, determined on a consolidated basis in accordance with GAAP; but excluding, in any event, for purposes hereof, unrealized gains and losses on Swap Contracts reported on a consolidated balance sheet as accumulated other comprehensive income or loss.

  • Actual Uptime means, of the Total Operation Hours, the aggregate number of hours in any month during which each equipment is actually available for use.

  • Actual/360 means that interest is calculated on the basis of the actual number of days elapsed in a year of 360 days.

  • Actual miles means the actual distance a vehicle has traveled while in operation.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

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

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;