Consolidated Net Asset Value definition

Consolidated Net Asset Value means, as of any date of determination with respect to the company and its Subsidiaries, Total Assets as of such date less the Total Liabilities as of such date.
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Consolidated Net Asset Value means, as of any date of determination with respect to the company and its Subsidiaries, total assets as determined in accordance with GAAP as of such date less the Total Liabilities as of such date.
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Consolidated Net Asset Value means, as of any date of determination, the consolidated assets of the Company and its subsidiaries minus the liabilities of the Company and its subsidiaries, determined in accordance with GAAP; provided, that, Epic Energy Solutions, LLC and its subsidiaries shall be excluded from any calculation of Consolidated Net Asset Value.
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Examples of Consolidated Net Asset Value in a sentence

  • The consideration in the aggregate sum of HK$108,456,601.80 for the purchase of twenty per cent (20%) of the issued share capital of Linkforce was determined with reference to the relevant share of the Consolidated Net Asset Value of Linkforce adjusted by the valuation of the Properties which in case of Property 1 is by reference to the recent comparable transaction price and in case of Property 2 is the independent professional valuation.

  • Thereafter, the Buyer and the Sellers shall attempt in good faith to resolve and finally determine the Consolidated Net Asset Value.

  • The scope of such firm's engagement shall be limited to the resolution of the items contained in the Notice of Disagreement, and the recalculation, if any, of the Consolidated Net Asset Value and amounts on the Estimate Certificate in light of such resolution and shall be conducted in accordance with the provisions of this Agreement and will use the definitions contained herein.


More Definitions of Consolidated Net Asset Value

Consolidated Net Asset Value means the excess of total assets over total liabilities as shown on the Closing Balance Sheet.
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Consolidated Net Asset Value means, on any date, the excess of (i) the aggregate book value of the assets of Holdings and its Subsidiaries, determined on a consolidated basis in accordance with GAAP, over (ii) the sum of (x) the aggregate book value of the liabilities of Holdings and its Subsidiaries, determined on a consolidated basis in accordance with GAAP, (y) the aggregate value of off-balance-sheet liabilities of Holdings and its Subsidiaries, and (z) the aggregate Synthetic Lease Obligations of Holdings and its Subsidiaries.
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Related to Consolidated Net Asset Value

  • Consolidated Net Assets means the aggregate amount of assets (less applicable reserves and other properly deductible items) after deducting therefrom all current liabilities, as set forth on the Consolidated balance sheet of the Consolidated Group most recently furnished to the Lenders pursuant to Section 5.01(i)(ii) prior to the time as of which Consolidated Net Assets shall be determined.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Total Asset Value means, at a given time, the sum (without duplication) of all of the following of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP applied on a consistent basis: (a) Unrestricted Cash; plus (b) the quotient of (i) the Net Operating Income for each Property owned, or leased as lessee under a ground lease, by the Borrower or any Subsidiary (including any 1031 Property but excluding a Property the value of which is included in the determination of Consolidated Total Asset Value under any of the immediately following clauses (c) or (e)), for the fiscal quarter most recently ended multiplied by 4, divided by (ii) the applicable Capitalization Rate; plus (c) the acquisition cost of Properties (including any 1031 Property) acquired during the period of six fiscal quarters most recently ended; provided that the Borrower may irrevocably elect that the value of a recently acquired Property not yet owned for six quarters be determined in accordance with the preceding clause (b); plus (d) all Construction-in-Process for all Development Properties; plus (e) the aggregate Major Redevelopment Property Values of all Major Redevelopment Properties; plus (f) the GAAP book value of Unimproved Land; plus (g) the contractual purchase price of Properties of the Borrower and its Subsidiaries subject to purchase obligations, repurchase obligations, forward commitments and unfunded obligations but only to the extent such amounts are included in determinations of Consolidated Total Indebtedness; plus (h) Marketable Securities, valued at the lower of cost or Fair Market Value (to the extent that the Fair Market Value of such Marketable Securities is reasonably capable of being verified or is otherwise acceptable to the Administrative Agent); plus (i) the aggregate book value of Mortgage Receivables. The Borrower’s Ownership Share of assets held by Unconsolidated Affiliates (excluding assets of the type described in the immediately preceding clause (a) and (h)) will be included in the calculation of Consolidated Total Asset Value consistent with the above described treatment for wholly owned assets. Properties disposed of during the fiscal quarter most recently ended shall not be included in the calculation of Consolidated Total Asset Value. Other Commercial Properties may only contribute to Consolidated Total Asset Value to the extent applicable under clause (c) above. In addition, to the extent (A) the amount of Consolidated Total Asset Value attributable to assets held by Unconsolidated Affiliates would exceed 20.0% of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value and (B) the amount of Consolidated Total Asset Value attributable to Marketable Securities, Development Properties, Major Redevelopment Properties, Unimproved Land and Mortgage Receivables would exceed 30.0% of Consolidated Total Asset Value, such excess shall be excluded from Consolidated Total Asset Value.

  • Adjusted Net Assets of such Guarantor at any date shall mean the lesser of (1) the amount by which the fair value of the property of such Guarantor exceeds the total amount of liabilities, including contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under the Guarantee of such Guarantor at such date and (2) the amount by which the present fair salable value of the assets of such Guarantor at such date exceeds the amount that will be required to pay the probable liability of such Guarantor on its debts (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), excluding debt in respect of the Guarantee of such Guarantor, as they become absolute and matured.

  • Net Asset Value or "NAV” means per Unit value of the Trust arrived at by dividing the Net Assets by the number of Units outstanding.