Consolidated Adjusted Tangible Net Worth. At any date, the aggregate of (i) consolidated shareholders’ equity and (ii) without duplication, an amount equal to 50% of any deferred federal income taxes as reflected on a consolidated balance sheet of Ryder and its Consolidated Subsidiaries prepared in accordance with GAAP, less the sum of:
Appears in 2 contracts
Sources: Global Revolving Credit Agreement (Ryder System Inc), Global Revolving Credit Agreement (Ryder System Inc)
Consolidated Adjusted Tangible Net Worth. At any date, the aggregate of (i) consolidated shareholders’ ' equity and (ii) without duplication, an amount equal to 50% of any deferred federal income taxes as reflected on a consolidated balance sheet of Ryder and its Consolidated Subsidiaries prepared in accordance with GAAP, less the sum of:
Appears in 1 contract
Sources: Global Revolving Credit Agreement (Ryder System Inc)