Current Book Value definition

Current Book Value means, in respect of a Rental ULC Vehicle at any time, its Original Book Value less accumulated Depreciation at such time.
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Current Book Value means, in respect of a Partnership Vehicle at any time, its Original Book Value less accumulated Depreciation at such time;
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Current Book Value means the net book value of the leased plant or machinery immediately before the termination,
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Examples of Current Book Value in a sentence

  • For each Settlement Period in which a Casualty in respect of one or more Leased Vehicles occurs, Funding LP shall deposit the insurance (including self insurance) payments in respect of such Casualty in an amount, equal to the Current Book Value of each such Leased Vehicle at the time of such Casualty, directly into the Master Vehicle Account as promptly as possible, and in any event, no later than the related Remittance Date.

  • If the Appraised Value of the Company as of the Value Date is 95% or more (but not more than 105%) of the Current Book Value of the Company as of the Value Date, then the cost of the appraisal shall be paid by the Member requesting the appraisal and the Book Value Price of the Departing Member’s Interest shall be the Sale Price.

  • Delivery of a Purchase Option Notice shall constitute a binding agreement of purchase and sale pursuant to which the Partnership shall sell to the General Partner and the Genera] Partner shall purchase from the Partnership the Partnership Vehicles for a purchase price (the “Option Purchase Price”) equal to the Current Book Value of the Partnership Vehicles as of the close of business on the day immediately preceding the date of closing (the “Repurchase Closing Date”) of the transaction.


More Definitions of Current Book Value

Current Book Value means (i) with respect to a Loan for Currently Owned Equipment and Inventory that is funded on or before October 31, 2003, the value of any item of Eligible Equipment and/or Inventory set forth in the asset valuation report prepared by Ernst & Young as of July 18, 2003 (the “EY Value”); and (ii) with respect to a Loan for Currently Owned Equipment and Inventory that is funded after October 31, 2003, the value of any item of Eligible Equipment and/or Inventory determined as the product of (a) the EY Value, multiplied by (b) a fraction in which (i) the numerator is 36, less the number of full or partial months after October 31, 2003 in which the Borrowing Request is made, and in which (ii) the denominator is 36 (i.e. a Loan requested in the sixth month after October 31, 2003 will have a Current Book Value of 30/36 of the EY Value).
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Current Book Value means the current book value of the Company (taking into account its ownership of all Subsidiaries) as determined in accordance with GAAP as of the applicable Value Date less all Assumed Transaction Costs.
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Current Book Value means, as of any date of determination, the sum of (a) the book value of the Company’s and the Guarantor’s receivables as of the end of the Company’s Fiscal Quarter ended immediately prior to such date of determination plus (b) the aggregate face amount of receivables sold by the Company and the Guarantors pursuant to Section 6.8(e) and outstanding as of the end of the Company’s Fiscal Quarter ended immediately prior to such date of determination.
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Current Book Value means, as of any date of determination, the book value of an asset as of the end of the Company’s Fiscal Quarter ended immediately prior to such date of determination.
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Current Book Value means, in respect of a Rental ULC Vehicle at any time, its Original Book Value less accumulated Depreciation at such time. “DBRS” means DBRS Limited, and its successors.
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Current Book Value means, in respect of a Rental LP Vehicle at any time, the Original Book Value of such Rental LP Vehicle less accumulated Depreciation of such Rental LP Vehicle at such time.
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Related to Current Book Value

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • Net Book Value means the net book value of the relevant Supplier Asset(s) calculated in accordance with the depreciation policy of the Supplier set out in the letter in the agreed form from the Supplier to the Costumer of even date with this Call Off Contract;

  • Adjusted Net Book Value means, as of any date of determination, with respect to each Adjusted Program Vehicle as of such date, the product of 0.965 and the Net Book Value of such Adjusted Program Vehicle as of such date.

  • Book Value means, with respect to any Asset and any Liability Assumed, the dollar amount thereof stated on the Accounting Records of the Failed Bank. The Book Value of any item shall be determined as of Bank Closing after adjustments made by the Receiver for differences in accounts, suspense items, unposted debits and credits, and other similar adjustments or corrections and for setoffs, whether voluntary or involuntary. The Book Value of a Subsidiary of the Failed Bank acquired by the Assuming Institution shall be determined from the investment in subsidiary and related accounts on the "bank only" (unconsolidated) balance sheet of the Failed Bank based on the equity method of accounting. Without limiting the generality of the foregoing, (i) the Book Value of a Liability Assumed shall include all accrued and unpaid interest thereon as of Bank Closing, and (ii) the Book Value of a Loan shall reflect adjustments for earned interest, or unearned interest (as it relates to the "rule of 78s" or add-on- interest loans, as applicable), if any, as of Bank Closing, adjustments for the portion of earned or unearned loan-related credit life and/or disability insurance premiums, if any, attributable to the Failed Bank as of Bank Closing, and adjustments for Failed Bank Advances, if any, in each case as determined for financial reporting purposes. The Book Value of an Asset shall not include any adjustment for loan premiums, discounts or any related deferred income, fees or expenses, or general or specific reserves on the Accounting Records of the Failed Bank. For Shared-Loss Securities, Book Value means the value of the security provided in the Information Package.

  • Adjusted Book Value means, as of a particular date, the Book Value on such date, subject to the following adjustments, each of which shall have been derived from the Company’s IFRS financial statements for the period ended on such date (or, if not derivable from such financial statements, shall be determined in good faith by the Company), but reduced by the amount of the federal income tax applicable thereto: