Common use of Tangible Net Worth Clause in Contracts

Tangible Net Worth. The words “Tangible Net Worth” mean Borrower’s total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debt.

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debtDebt.

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debt.

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debt.,

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets assets, including without limitation leaseholds and leasehold improvements but excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debtDebt.

Tangible Net Worth. The words “Tangible Net Worth” Worth mean Borrower’s 's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debtDebt.

Tangible Net Worth. The words “term "Tangible Net Worth” mean Borrower’s total " means the aggregate assets of Borrower excluding all intangible assets (i.e.assets, including, but not limited to, goodwill, licenses, trademarks, patents, copyrights, organizational expensesorganization costs, appraisal surplus, officer, stockholder, related entity and similar intangible itemsemployee advances or receivables, but including leaseholds mineral rights and leasehold improvements) the like, less total debt.liabilities, all determined in accordance with G.A.A.P. (except to the extent that

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debt.i.

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets excluding all intangible assets (i.e., i.e. goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debtliabilities excluding Subordinated Debt.

Tangible Net Worth. The words “Tangible Net Worth” mean Borrower’s total assets excluding all intangible assets (i.e., i.e. goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debtliabilities excluding Subordinated Debt.

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, franchises, capitalized software, covenants not to compete, organizational expensescosts, investments, employee/owner and intercompany accounts receivable and similar intangible items, but including leaseholds and leasehold improvements) less total debt, excluding subordinated debt and less any accounts, accounts receivable, notes receivable or similar rights to payment from any Subsidiary.

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s 's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvementsImprovements) less total debt.

Tangible Net Worth. The words “Tangible Net Worth” mean Borrower’s total assets excluding all intangible assets ({i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debtDebt.

Tangible Net Worth. The words “"Tangible Net Worth” " mean Borrower’s total assets excluding 's Total Shareholders’ Equity, less all intangible assets (i.e., i.e. goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less total debtplus Subordinated Debt.

Tangible Net Worth. The words “term "Tangible Net Worth” mean Borrower’s " means total assets excluding all less intangible assets, preferred stock that is not Qualified Preferred Stock and total liabilities. Intangible assets (i.e., include goodwill, trademarks, patents, copyrights, organizational mailing lists, catalogues, trademarks, bond discount and underwriting expenses, organization expenses and similar intangible items, but including leaseholds and leasehold improvements) less total debtall other intangibles.