Examples of Book Net Worth in a sentence

Pursuant to Section 6.15 of the Credit Agreement, as of the Reporting Date, Heska’s Book Net Worth was $ and Diamond’s Book Net Worth was $ , which o satisfies o does not satisfy the requirement that such amounts be no less than zero on the Reporting Date.
The Guarantor shall not permit the ratio of Total Debt to Book Net Worth for the Guarantor to exceed 2.00 to 1 beginning as of the last day of the Guarantor’s 2009 fiscal year ending October 2, 2009, and at the end of each fiscal quarter thereafter.
The Guarantor shall not permit its consolidated Book Net Worth, as of the last day of each calendar year, to be less than the Book Net Worth Requirement.
Section 6.15 of the Credit Agreement is hereby amended and restated to read as follows: "The Borrower will maintain its Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth below.
Pursuant to Section 6.15 of the Credit Agreement, as of the Reporting Date, Heska’s Book Net Worth was $ and Diamond’s Book Net Worth was $ , which ¨ satisfies ¨ does not satisfy the requirement that such amounts be no less than zero on the Reporting Date.

More Definitions of Book Net Worth

Book Net Worth means, at any time, the sum of the following for the Borrower and its Subsidiaries on a consolidated basis: (i) common and preferred Equity Interests, (ii) capital in excess of stated value (paid in capital) and (iii) retained earnings, as determined in accordance with GAAP; provided, that (i) the effect of any changes to GAAP shall be eliminated and (ii) non-cash asset impairment and goodwill charges shall be excluded.

Book Net Worth means the excess of total assets of NFI and its consolidated Subsidiaries over Total Liabilities of NFI and its consolidated Subsidiaries determined in accordance with GAAP (or such non-GAAP principles as may be disclosed to and approved by Buyer from time to time).

Book Net Worth means, as of any Compliance Date, the aggregate of value of the stockholders’ equity of the Borrower’s Group as shown in the Applicable Accounts;

Book Net Worth the book value of the Total Assets of Borrower and its subsidiaries (exclusive of any indebtedness owed to the Borrower or its subsidiaries by any affiliate of Borrower) which Total Assets are located within the United States of America minus the book value of the Total Liabilities of Borrower and its subsidiaries. For purposes of clarity, marketable securities and commercial paper issued by a foreign entity but held in the United States of America shall be considered to be assets located within the United States of America.

Book Net Worth means, at any time, the sum of the following for the Borrower and its Subsidiaries on a consolidated basis: (a) common and preferred Equity Interests, (b) capital in excess of stated value (paid in capital) and (c) retained earnings, as determined in accordance with GAAP; provided, that (i) the effect of any changes to GAAP shall be eliminated, (ii) non-cash asset impairment and goodwill charges shall be excluded and (iii) non-cash settlement expenses and other non-cash charges related to the Borrower’s U.S. Pension Plan termination process (net of related tax benefits or charges) shall be excluded.

Book Net Worth means, at any date of determination, the difference between: (a) the total assets appearing on the balance sheet at such date prepared in accordance with GAAP after deducting adequate reserves in each case where, in accordance with GAAP, a reserve is proper; and (b) the total liabilities appearing on such balance sheet.