Book Value Clause Samples
POPULAR SAMPLE Copied 27 times
Book Value. If the "book value" shall be used as the measurement of value, per share, the following definition of "book value" shall apply: Capital Stock plus retained earnings plus additional paid-in capital as of the last day of the month preceding the date of purchase ("Valuation Date"), as determined by the accountant regularly employed by the Company or, if no accountant is regularly employed by the Company, then by an accountant selected by mutual agreement of the parties.
Book Value. The value of an asset on the books of the Company, before allowance for depreciation or amortization.
Book Value. Book Value" shall mean an amount equal to: (1) all consolidated assets of Systems and the Company (including goodwill, patents, trademarks, trade names, copyrights and other intangible assets) determined in accordance with generally accepted accounting principles; minus
Book Value. As such term is defined in the Declaration of Trust.
Book Value. Book Value" shall mean the value of an asset or assets of the Trust on the books of the Trust before provision for amortization or depreciation, and before deducting any indebtedness or other liability in respect thereto, except that no asset shall be valued at more than its fair value as determined by the Board of Trustees.
Book Value. As used in this Agreement, the term "Book Value" of any item of Partnership property as of any particular date shall be determined as follows: (a) the Book Value of any item of property contributed by a Partner to the capital of the Partnership shall be the agreed-upon gross fair market value of such item of property as of the date such property was contributed to the Partnership, as adjusted for depreciation, depletion, cost recovery and amortization deductions with respect to such property computed in the manner provided in Section 4.01(a) above; and (b) the Book Value of any other item of Partnership property shall be its adjusted basis for Federal income taxation purposes.
Book Value. With respect to shares of Common Stock, an amount equal to the quotient determined by dividing (a) the sum of (x) the total consolidated assets of the Company shown on the most recent regularly prepared consolidated balance sheet of the Company prior to the date of the Valuation Event in question minus (y) the total consolidated liabilities of the Company as shown on the most recent regularly prepared consolidated balance sheet of the Company prior to the date of the Valuation Event by (b) the aggregate number of shares of Common Stock and Common Stock Equivalents as of the date of the Valuation Event. For the purposes of this Agreement, the Book Value of the shares of Common Stock will be determined by the independent certified public accountants then retained by the Company as described in Section 4.06.
Book Value. The Book Value with respect to any asset shall be the asset's adjusted basis for federal income tax purposes, except as follows:
(i) The initial Book Value of any asset contributed by a Partner to the Partnership shall be the Fair Market Value of such asset at the time of contribution, as determined by the contributing Partner and the Partnership.
(ii) The Book Value of all Partnership assets shall be revalued to equal their respective Fair Market Values and the resulting unrecognized gain or loss allocated to the Capital Accounts of the Partners in accordance with their relative Percentage Interests (as determined immediately before such revaluation) as of the following times:
(A) the acquisition of an additional Interest by any new or existing Partner in exchange for a capital contribution; (B) the distribution by the Partnership to a Partner of a non-cash asset, unless all Partners receive simultaneous distributions of either undivided interests in the distributed property or identical Partnership assets in proportion to their Percentage Interests; (C) the date the Partnership is liquidated within the meaning of Treasury Regulation Section 1.704-1(b)(2)(ii)(g); and (D) the termination of the Partnership pursuant to the provisions of this Agreement.
(iii) The Book Value of Partnership assets shall be increased or decreased to the extent required under Treasury Regulation Section 1.704-1(b)(2)(iv)(m) in the event that the adjusted tax basis of Partnership assets are adjusted pursuant to Sections 732, 734 or 743 of the Code.
(iv) The Book Value of Partnership assets shall be adjusted by the depreciation, amortization or other cost recovery deductions, if any, taken into account by the Partnership with respect to such asset in computing Net Income or Net Loss.
Book Value. Regardless of the value set out for tax purposes or any other end, in this Contract, “book value” refers to the book value of the Concession Assets or of the intangible asset that reflects the Concession Assets related to the performance of the Project’s works, expressed in Dollars (according to the audited Financial Statements prepared in accordance with the standards and principles generally accepted in Peru or the International Financial Reporting Standards - IFRS), net of accumulated depreciation and amortization at the time of the calculation. For these purposes, the depreciation or amortization shall be estimated under the straight-line method, for a period of thirty (30) years for the intangible asset indicated above and for the period indicated in the accounting standards and principles generally accepted or the IFRS for the other assets. If the depreciation or amortization for tax purposes is higher than that defined in this paragraph, it shall be discounted from the resulting book value the difference between (1) the income tax paid for under the straight-line depreciation method described and (2) the income tax resulting from the depreciation method used by the CONCESSIONAIRE. For the purposes of this Contract, the book value will not include any kind of revaluations or tax credit. [city], _ _ , 202__ Messrs.
Book Value. “Book Value” means for any asset the asset’s adjusted basis for Federal income tax purposes, except as follows: