Liquid Net Worth definition

Liquid Net Worth is defined as that portion of net worth (total assets Owner Co-Owner Oregon, Pennsylvania & Washington Owner Co-Owner exclusive of home, home furnishings and automobiles minus total liabilities) that is comprised of cash, cash equivalents, and readily marketable securities.
Liquid Net Worth means unencumbered "cash and short term investments at cost" and "investments in marketable securities" (which shall be marked to market) as shown by Acadia's financial statements (calculated in a manner consistent with Acadia's statements for the period ending September 30, 1999).
Liquid Net Worth is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable securities. If I am a Kentucky resident, I acknowledge that investments by residents of the State of Kentucky must not exceed 10% of such investor’s liquid net worth (cash, cash equivalents and readily marketable securities) in our shares or the shares of our affiliates’ non-publicly traded real estate investment trusts. If I am a Maine resident, I acknowledge that the Maine Office of Securities recommends that an investor’s aggregate investment in this offering and similar direct participation investments not exceed 10% of the investor’s liquid net worth. For this purpose, “liquid net worth” is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable securities. If I am a Massachusetts resident, I acknowledge that shares will only be sold to residents of Massachusetts representing that they have a liquid net worth of at least 10 times their investment in the Company and other direct participation investments. If I am a Nebraska resident, I acknowledge that, in addition to our suitability requirements, Nebraska investors must limit their investment in the Company and in the securities of other similar programs to 10% of such investor’s net worth. An investment by a Nebraska investor that is an accredited investor within the meaning of the Federal securities laws is not subject to the foregoing limitations. If I am a New Jersey resident, I acknowledge that shares will only be sold to residents of New Jersey who have either, (i) a liquid net worth (not including home, furnishings and personal automobiles) of at least $100,000 and an annual gross income of at least $100,000, or (ii) a liquid net worth (not including home, furnish- ings and personal automobiles) of at least $250,000. In addition, the State of New Jersey requires that each New Jersey investor limit his or her investment in the Company, its affiliates, and other direct participation investments to not more than 10% of such investor’s liquid net worth. “Liquid net worth” is that portion of an investor’s net worth that is comprised of cash, cash equivalents and readily marketable securities. If I am a New Mexico resident, I acknowledge that, in addition to the suitability standards above, the State New Mexico requires that each investor in New Mexico will limit his or her investment in the Company, our affiliates and other non-traded real estate investme...

Examples of Liquid Net Worth in a sentence

  • Name of owner/applicant (custodian/trust/business) Name of joint owner/applicant (custodian/trustee/authorized person) Employment status/occupation for primary owner/applicant: EmployedUnemployedRetiredUnder $50,000$50,000 - $99,999$100,000 - $249,999$250,000 - $499,999$500,000 - $999,999$1,000,000 - $2,999,999$3,000,000 + Liquid Net Worth (Assets easily converted to cash.

  • In addition, such Buyer’s Purchase Price for the Notes shall not exceed ten percent (10%) of his or her Liquid Net Worth.

  • This Net Option Value shall be added to the Liquid Net Worth of the clearing member.

  • No Yes Company: Liquid Net Worth (excluding equity in home): Are you an employee or member of any futures or securities exchange, NFA, NASD; a member firm of either of those entities or an employee of X.

  • This means that the current market value of short options will be deducted from the Liquid Net Worth and the market value of long options will be added thereto.


More Definitions of Liquid Net Worth

Liquid Net Worth of any Person shall mean (i) the aggregate fair market value (as estimated by Buyer in good faith) of any Liquid Assets of such Person, minus (ii) the aggregate full face amount of all current liabilities and current contingent liabilities of such Person determined in accordance with GAAP.
Liquid Net Worth means net worth deployed in liquid assets which are
Liquid Net Worth is defined as that portion of net worth that is comprised of cash, cash equivalents and readily marketable securities. Initials Initials If I am a Maine resident, I acknowledge that it is recommended by the Maine Office of Securities that my aggregate investment in this offering and other similar direct participation investments not exceed 10% of my liquid net worth. For this purpose, “liquid net worth” is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable securities. Initials Initials If I am a Massachusetts resident, in addition to the suitability standards set forth above, I may not invest more than 10% of my liquid net worth in BlackRock Private Credit Fund and in other illiquid direct participation programs. Initials Initials If I am a Missouri resident, in addition to the suitability standards set forth above, I may not invest more than 10% of my liquid net worth in BlackRock Private Credit Fund.
Liquid Net Worth means "cash and short term investments at cost" and "investments in marketable securities" (which shall be marked to market) as shown by Borrower's financial statements (calculated in a manner consistent with the Borrower's statements for the period ending December 31, 1995) and/or Loan availability (i.e., the amount of the then undisbursed Loan which Borrower would be entitled to receive upon its request for an Advance).
Liquid Net Worth is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable securities. If I am a Kentucky resident, I acknowledge that shares will only be sold to residents of the State of Kentucky representing that they have a liquid net worth of at least 10 times their investment in this company’s securities. If I am a Maine resident, I acknowledge that the Maine Office of Securities recommends that an investor’s aggregate investment in this offering and similar direct participation investments not exceed 10% of the investor’s liquid net worth. For this purpose, “liquid net worth” is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable securities. If I am a Massachusetts resident, I acknowledge that shares will only be sold to residents of Massachusetts representing that they have a liquid net worth of at least 10 times their investment in this company and other direct participation investments. If I am a Nebraska resident, I acknowledge that, in addition to meeting this company’s suitability requirements, Nebraska investors must limit their investment in this company and in the securities of other similar programs to 10% of such investor’s net worth. If I am a New Jersey resident, I acknowledge that it is required by the State of New Jersey that New Jersey investors have either (i) a liquid net worth (not including home, furnishings and personal automobiles) of at least $100,000 and an annual gross income of at least
Liquid Net Worth is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable securities. If I am a North Dakota resident, I acknowledge that shares will only be sold to residents of the State of North Dakota representing that they have a net worth of at least 10 times their investment in this company and that they meet one of this company’s suitability standards. If I am an Oregon resident, I acknowledge that shares will only be sold to residents of the State of Oregon representing that they have a net worth of at least 10 times their investment in this company and its affiliates and that they meet one of this company’s suitability standards. If I am a Tennessee resident, I acknowledge that my investment in this company must not exceed 10% of my liquid net worth (exclusive of home, home furnishings and automobile). Owner Joint Owner/ Custodian Your sale is not final for five (5) business days after your receipt of the final Prospectus. We will deliver a confirmation of sale to you after your purchase is completed. If you participate in the Distribution Reinvestment Plan or make subsequent purchases of shares of Strategic Storage Trust II, Inc., we request that you notify Strategic Storage Trust II, Inc. and your Broker-Dealer in writing at any time there is a material change in your financial condition, including failure to meet the minimum income and net worth standards applicable to this offering. TAXPAYER IDENTIFICATION NUMBER OR SOCIAL SECURITY NUMBER CERTIFICATION (required): The investor signing below, under penalties of perjury, certifies that (1) the number shown on this Subscription Agreement is my correct taxpayer identification number (or I am waiting for a number to be issued to me), (2) I am not subject to backup withholding because I am exempt from backup withholding, I have not been notified by the Internal Revenue Service (“IRS”) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or the IRS has notified me that I am no longer subject to backup withholding, and (3) I am a U.S. person (including a U.S. resident alien), unless I have otherwise indicated in Section 3 above. Certification instructions. You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return. I understand that I will not be admitted as a stockholder until my in...
Liquid Net Worth is defined as that portion of net worth that is comprised of cash, cash equivalents and readily marketable securities, as determined in conformity with GAAP. Initials Initials If I am a Maine resident, I acknowledge that it is recommended by the Maine Office of Securities that my aggregate investment in this offering and other similar direct participation investments not exceed 10% of my liquid net worth. For this purpose, “liquid net worth” is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable securities. Initials Initials If I am a Massachusetts resident, in addition to the suitability standards set forth above, I may not invest more than 10% of my liquid net worth in Crescent Private Credit Income Corp. and in other illiquid direct participation programs. For these purposes, “liquid net worth” is defined as that portion of net worth that consists of cash, cash equivalents and readily marketable investments. Initials Initials