Target Net Assets definition

Target Net Assets has the meaning set forth in Section 2.7(a). Tax: any federal, state, provincial, local or foreign income, alternative, minimum, accumulated earnings, personal holding company, franchise, capital stock, net worth, capital, profits, windfall profits, gross receipts, value added, sales, use, goods and services, excise, customs duties, transfer, conveyance, mortgage, registration, stamp, documentary, recording, premium, severance, environmental (including taxes under Section 59A of the Code), real property, personal property, ad valorem, intangibles, rent, occupancy, license, occupational, employment, unemployment insurance, social security, disability, workers' compensation, payroll, health care, withholding, estimated or other similar tax, duty or other governmental charge or assessment or deficiencies thereof, and including any interest, penalties or additions to tax attributable to the foregoing. Tax Return: any return, report, declaration, form, claim for refund or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.
Target Net Assets has the meaning as set forth in Section 3.2(d).
Target Net Assets means forty million dollars ($40,000,000).

Examples of Target Net Assets in a sentence

  • The Purchase Price shall be (i) increased by the amount that the Closing Date Net Assets (as hereinafter defined), are greater than $25,099,080 (which amount is the book value of the net assets as shown on the adjusted September Balance Sheet (the "Target Net Assets"); or (ii) decreased by the amount that the Closing Date Net Assets are less than the Target Net Assets.

  • Table 1 Advised Funds Target Date Target Net Assets December 31, 1994 (and $950 million December 31 of each year thereafter) The Net Fee of the Administrator shall be the fee received by the Administrator from Idex Management less any reimbursement from the Administrator in connection with any applicable Fund expense limitation.

  • The amount of the Cash Purchase Price, as provisionally adjusted pursuant to Section 2.8A, shall be: (i) increased dollar-for-dollar by the amount that the Closing Date Net Assets are greater than $22.1 million (the "Target Net Assets"); or (ii) decreased dollar-for-dollar by the amount that the Closing Date Net Assets are less than the Target Net Assets.

  • For the avoidance of doubt, in no event will the Base Consideration be increased if the Estimated Net Assets exceed the Target Net Assets.

  • Any amount by which the Valuation Date Net Assets is less than the Target Net Assets shall constitute an adjustment to the Purchase Price and be subject to set off against any amount due from the Buyer to the Sellers pursuant to Section 2.2 (b), (c), (d), (e) and (f) or to Section 2.3.


More Definitions of Target Net Assets

Target Net Assets means $49,311,000.
Target Net Assets means zero dollars ($0).
Target Net Assets means $10,529,000, which is the Net Assets as of October 31, 2004 as shown on Schedule 3.2(a) of the Sellers Disclosure Schedule which was calculated from the October 31, 2004 balance sheet of CMS prepared in accordance with the Agreed Accounting Principles on such Schedule 3.2(a) of Sellers Disclosure Schedule.
Target Net Assets means U.S. $643,000.
Target Net Assets. Section 3.3(a) “Trade Secrets” Section 1.1 “Written Consent” Recitals
Target Net Assets means $52,748,000.
Target Net Assets means $[*****]. [*****] CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.