Aggregate Asset Value Sample Clauses

The Aggregate Asset Value clause defines the total combined value of all assets covered or referenced under an agreement. In practice, this clause sets a cap or a reference point for calculations involving multiple assets, such as determining overall exposure, liability limits, or thresholds for certain contractual obligations. By establishing a clear aggregate value, the clause helps ensure transparency and consistency in how asset-related figures are calculated, thereby reducing disputes and clarifying the parties' financial responsibilities.
Aggregate Asset Value. The aggregate book value of the Assets at the time of measurement before deducting depreciation, bad debts or other similar non-cash reserves and without reduction for (i) any debt secured by or relating to such Assets, (ii) any impairment charges in respect of the Assets or (iii) provisions for losses taken in respect of Loans. For purposes of calculating the Aggregate Asset Value, the value of any individual Asset owned through any Joint Venture shall be equal to the product of (A) the book value of that Asset, calculated as provided for in the preceding sentence, and (B) the Ownership Percentage.
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Aggregate Asset Value. As of any date of determination, an amount equal to the sum of the then Aggregate Net Book Value and the then Aggregate Finance Lease Value.
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Aggregate Asset Value. The aggregate Purchase Price of all Transaction Assets heretofore purchased hereunder (including the Transaction Asset(s) contemplated to be purchased on such Purchase Date) shall not exceed the Aggregate Asset Value of all such Transaction Assets;
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Aggregate Asset Value. The aggregate value of the Assets (the “Aggregate Asset Value”) will be an amount equal to the sum of the following: (i) the aggregate Net Book Value of all of the items of Furniture, Fixtures and Equipment listed on Schedule 3.5 as of the Closing Date, if any; (ii) One Hundred Percent (100%) of the aggregate principal amount of the Deposit-Related Loans and Other Loans to be delivered at Closing, plus accrued and unpaid interest thereon as of the Close of Business on the Closing Date excluding any Uncollectible Loans and related accrued and unpaid interest thereon (but excluding for purposes of such Aggregate Asset Value any unfunded loan commitments referred to thereon, uncollected fees, charges or penalties); (iii) the aggregate amount of Cash on Hand as of the Close of Business on the Closing Date; (iv) the aggregate amount of the prorated fees and expenses described in Section 2.7; and (v) the Deposit Collateral Value.
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Aggregate Asset Value. The aggregate value of the Assets (the "Aggregate Asset Value") will be an amount equal to the sum of the following: (i) the Appraised Value of Branch Real Estate; (ii) the aggregate fair market value, as agreed by Purchaser and Seller, of all of the items of Furniture, Fixtures and Equipment not included in leasehold improvements, as determined by a fixed asset physical inventory jointly performed as of the Close of Business as of the last day of the month preceding the month in which the Closing Date occurs; (iii) the aggregate principal amount of the Deposit-Related Loans and Other Loans to be delivered at Closing, plus accrued and unpaid interest thereon excluding any Uncollectible Loans and related accrued and unpaid interest thereon (but excluding for purposes of such Aggregate Asset Value any unfunded loan commitments referred to thereon, uncollected fees, charges or penalties); (iv) the aggregate amount of Cash on Hand as of the Close of Business on the Closing Date; (v) the aggregate amount of the Net Prepaid Expenses as of the Close of Business on the Closing Date as determined in accordance with Generally Accepted Accounting Principles; (vi) the Deposit Collateral Value; and (vii) the Prepaid FDIC Insurance Premium, if any, paid by the Seller after the signing of this Agreement and before Closing.
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Related to Aggregate Asset Value

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

  • Aggregate Net Assets For each Retirement Distribution Portfolio, Aggregate Net Assets include the net assets of all the JHF II Retirement Distribution Portfolios.

  • Net Asset Value The net asset value of each outstanding Share of the Trust shall be determined at such time or times on such days as the Trustees may determine, in accordance with the 1940 Act. The method of determination of net asset value shall be determined by the Trustees and shall be as set forth in the Prospectus or as may otherwise be determined by the Trustees. The power and duty to make the net asset value calculations may be delegated by the Trustees and shall be as generally set forth in the Prospectus or as may otherwise be determined by the Trustees.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Appraised Value If an Objecting Party objects in writing to the Initial Valuation within ten (10) days after its receipt of the Valuation Notice, the Objecting Party, within fourteen (14) days from the date of such written objection, shall engage an Independent Appraiser (the “First Appraiser”) to determine within thirty (30) days of such engagement the Fair Market Value of the Partnership Interests (the “First Appraised Value”). The cost of the First Appraiser shall be borne by the Objecting Party. If the First Appraised Value is at least eighty percent (80%) of the Initial Value and less than or equal to one hundred twenty percent (120%) of the Initial Value, then the Purchase Price shall be the average of the Initial Value and the First Appraised Value. If the First Appraised Value is less than eighty percent (80%) of the Initial Value or more than one hundred twenty percent (120%) of the Initial Value, then the Partnership and the Objecting Party shall, within fourteen (14) days from the date of the First Appraised Value, mutually agree on and engage a second Independent Appraiser (the “Final Appraiser”). The cost of the Final Appraiser shall be borne equally by the Partnership and the Objecting Party. The Final Appraiser shall determine within thirty (30) days after its engagement the Fair Market Value of the Partnership Interests, but if such determination is less than the lesser of the Initial Value and the First Appraised Value then the lesser of the Initial Value and the First Appraised value shall be the value or if such determination is greater than the greater of the Initial Value and the First Appraised Value then the greater of the Initial Value and the First Appraised Value shall be the value (the “Final Valuation”). The Purchase Price shall be equal to the Final Valuation and shall be final and binding upon the parties to this Agreement for purposes of the subject transaction.