Net Worth Statement definition

Net Worth Statement as of any date, shall mean a statement, prepared in accordance with the principles set forth in Schedule 1.1(l), setting forth the Aggregate Newco Net Worth as of such date.

Net Worth Statement means a certification executed by Borrower Principal and addressed to Lender certifying that Borrower Principal’s net worth equals or exceeds $100,000,000 (or, if any lesser amount, setting forth such lesser amount).

Net Worth Statement means a calculation of the pro forma net worth of the Seller Subsidiaries, taking into account the Subsidiary Liabilities but not the Subsidiary Indemnified Liabilities, in the form of the December 31 Net Worth Statement and prepared in accordance with the Methodologies.

Examples of Net Worth Statement in a sentence

• The financial plan includes a Net Worth Statement, retirement projections, education projections, asset allocation analysis and recommendations, diversification recommendations, a risk tolerance assessment, a risk management review, an estate planning review, as well as additional issues.

• The plan will cover several key aspects of your financial situation and may include: • Net Worth Statement, Cash Flow Summary, Retirement Analysis • Insurance and Estate Planning • Wealth Transfer Planning • Business Succession and Investment Strategies • Philanthropic and Family Requests • Emergency Plans While these concepts may be complex, we will strive to ensure that you understand your plan and how it can positively impact your financial wellbeing.

• Please check the box for the type of Financial Plan appropriate for your needs: □ Comprehensive Plan □ Focused Plan (check areas of interest to you) □ Net Worth Statement □ Investment Analysis - The process of evaluating the advantages and disadvantages of current and proposed securities investments as compared to other investments.

• Personal Net Worth Statement - Business Immigration Stream Appendix 5K.

More Definitions of Net Worth Statement

Net Worth Statement has the meaning set forth in Section 1.3(a).

Net Worth Statement shall have the meaning specified in Section 5.3.

Net Worth Statement means a statement certified by the Borrower reflecting in reasonable detail (i) the assets and liabilities (actual and contingent) of the Borrower, the Guarantors and Persons effectively controlled by the Borrower as a date not more than 30 days prior to its delivery to the Lender as herein provided; (ii) as a separate amount the aggregate amount of Debt of the Obligors as at such date; and (iii) such other information as the Lender may reasonably require;

Net Worth Statement means a statement that (a) is prepared in the same format as the Reference Net Worth Statement, (b) sets forth a calculation of Adjusted Statutory Net Worth as of a certain date and (c) sets forth a calculation of the Purchase Price as of a certain date, in each case, in accordance with the Net Worth Statement Methodologies.

Net Worth Statement is defined in Section 2.3.

Net Worth Statement means each the following statements setting forth the Net Worth of the Company: the Pro Forma Net Worth Statement, the Proposed Estimated Closing Net Worth Statement, the Estimated Closing Net Worth Statement, Closing Net Worth Statement and the Final Closing Net Worth Statement.

Net Worth Statement has the meaning ascribed to it in Section 1.04(c).