Consolidated Net Assets Clause Samples

Consolidated Net Assets. As at any date, the net book value of all of the property and assets of the Borrower and its Subsidiaries determined on a consolidated basis as at such date in accordance with Generally Accepted Accounting Principles.
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Consolidated Net Assets. Ten percent (10%) of Consolidated Net Assets shall at all times be greater than $52,500,000.
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Consolidated Net Assets. The term “
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Related to Consolidated Net Assets

  • Consolidated Net Worth The Company will not permit Consolidated Net Worth at any time to be less than US$165,000,000 plus the cumulative sum of 25% of Consolidated Net Earnings (but only if a positive number) for each fiscal quarter ending after June 30, 2004.

  • Consolidated Net Income The consolidated net income of the Borrowers after deduction of all expenses, taxes, and other proper charges, determined in accordance with GAAP.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Total Liabilities All liabilities of the Borrowers determined on a consolidated basis in accordance with GAAP.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of Borrower and its Subsidiaries for such period determined on a Consolidated basis.