Gross Assets means the total of fixed assets and current assets;
Gross Assets means, when used with respect to a specified Person, the fair market value of such Person's assets unencumbered by any liabilities.
Gross Assets means the total value of the assets of the Corporation determined as provided in Section 3 below.
Examples of Gross Assets in a sentence
MAA believes that Gross Assets can be used as a helpful tool in evaluating its balance sheet positions.
For purposes of this Agreement, the Daily Gross Assets will be determined in a manner consistent with the Trust’s Prospectus.
The Gross Assets will be determined as of the last day of the prior month.
In computing the Cash Flow Return on Gross Assets of the Comparison Airlines, the Committee may include or exclude special or non-recurring items.
The Management Fee shall be 1.50% per annum of Average Gross Assets.
More Definitions of Gross Assets
Gross Assets means (i) the gross book value of the assets of the Company until such time as the Board has established a net asset value of the Company’s assets and (ii) after the Board has established a net asset value of the Company’s assets, the gross asset value of the assets of the Company based on such net asset value determination. The Gross Assets of the Company will be determined on a quarterly basis. For avoidance of doubt, under (i) or (ii), gross book value or gross asset value (as applicable) shall be determined based on the Company’s pro rata ownership interest in the underlying real estate and other assets and liabilities, without regard to GAAP consolidation or equity method accounting principles.
Gross Assets means the total assets and Properties of Holdings and its Subsidiaries less accumulated depreciation, as indicated on the audited balance sheets of Holdings and its Subsidiaries for the fiscal year end immediately prior to the date of any determination.
Gross Assets is defined in Section 9.01.
Gross Assets means the total of fixed assets and current assets according to the latest published audited annual accounts.
Gross Assets means the total fair value of the Company’s assets at the end of the quarter, other than intangibles and after the deduction of associated allowances and reserves, as determined by the Advisor in its sole discretion. Asset management fees for any partial quarter will be appropriately prorated.
Gross Assets means at any date the sum of (i) the consolidated Real Property Value of the Issuer and its Consolidated Subsidiaries, (ii) cash and all other assets of the Issuer and its Consolidated Subsidiaries which, in accordance with generally accepted accounting principles, would at such time be included on a consolidated balance sheet of the Issuer and its Consolidated Subsidiaries (other than Real Property and any asset which is classified as an intangible asset under generally accepted accounting principles, including, without limitation, goodwill, patents, trademarks, trade names, copyrights and franchises), all determined as of the valuation date for the most recent Appraisal and (iii) if not included in the assets described in clause (ii), the value of any notes and contract receivables held by the Issuer pursuant to its Employee Share Purchase Plan as indicated in the most recent Appraisal.
Gross Assets means gross assets which are not subject to any Lien.