Book Value

Book Value. Of an asset shall mean the value of such asset on the books of the Company, before allowance for depreciation or amortization.

Book Value. Means the book value of a share of Stock determined in accordance with the Company's regular accounting practices as of the last business day of the month immediately preceding the month in which a Stock Appreciation Right is exercised as provided in Section 10.

Book Value. The book value of the Employer as disclosed by the Employer's books of account regularly maintained in accordance with generally accepted accounting principles in the United States applied on a consistent basis as determined by certified public accountants regularly auditing Employer's financial statements.

Book Value. Of the Company shall be equal to the aggregate amounts reported as Stockholders Equity on the Company's balance sheet as of the end of each fiscal year determined in accordance with generally accepted accounting principles (GAAP) but without taking into account any valuation reserves (i.e., changes in the value of the Company's portfolio of investments as a result of mark-to-market valuation changes, referred to in the financial statements as "Accumulated Other Comprehensive Gain or Loss").

Book Value. Of an asset or assets shall mean the value of such asset or assets on the books of the Company, before provision for amortization, depreciation, depletion or valuation reserves and before deducting any indebtedness or other liability in respect thereof, except that no asset shall be valued at more than its fair market value as determined by the Directors.

Book Value. Means the book value of one share of Common Stock as determined from the consolidated balance sheet of the Company as of the last day of the last month preceding the date on which Book Value is determined under this Plan. The consolidated balance sheet shall be prepared in accordance with U.S. generally accepted accounting principles, consistently applied.

Book Value. Means the dollar amount value, computed on the accrual basis of accounting, and in accordance with generally accepted accounting principles, of the net aggregate stockholders' equity of the Corporation, divided by the total number of shares of Common Stock outstanding on the date of the computation (as hereinafter provided). Notwithstanding anything contained in this Agreement to the contrary, the computation of Book Value shall be subject to the following provisions: ... 1.5.1. In no event shall the determination of Book Value include any proceeds, collected or collectible by the Corporation, under any policy or policies of life or disability insurance insuring the life or disability of a Stockholder as a result of the death or disability of a Stockholder. 1.5.2. No additional allowance of any kind shall be made for the goodwill, trade names or any other intangible asset or asses (the "Intangible Assets") of the Corporation other than the aggregate dollar amount for any of such Intangible Assets appearing on the most recent balance sheet of the Corporation prior to the date set forth in Section 1.5.3 for determining Book Value. 1.5.3. Book Value shall be computed and determined as of the end of the last full year immediately preceding the year in which either the death of the Decedent occurred, the Disability occurred, the Transfer Notice was received, the Involuntary Transfer Notice was received, or the Termination occurred. 1.5.4. In no event shall any reserve for contingent liabilities, in excess of the amount of such reserve appearing on the most recent balance sheet of the Corporation prior to the date set forth in Section 1.5.3 for determining Book Value, be treated as a liability for purposes of determining Book Value. 1.5.5. In no event shall any adjustment be made to Book Value as a result of any event occurring subsequent to the valuation date set forth in Section 1.5.3, whether or not that event constitutes an adjustment to the federal or state income tax liability of the Corporation. 1.5.6. Book Value shall be determined by the Accountants. The determination by the Accountants shall, for purposes of this Agreement, be final, conclusive and binding upon each of the parties hereto. 1.5.7. Anything contained in this Agreement to the contrary notwithstanding, Book Value shall be calculated for the purposes of this Agreement on an accrual basis even if the Corporation shall have utilized different accounting principles for any prior period. View More

Book Value. Means, in respect of any share of Common Stock on any date herein specified, the value attributable to such share of Common Stock if all of the assets of the Company and its subsidiaries were sold for the consolidated book value thereof as of the last day of any month immediately preceding such date, and thereafter liquidated in accordance with the Company's Certificate of Incorporation, as determined in accordance with generally accepted accounting principles in the United States.

Book Value. Means the standalone stockholders book value, not including allocated goodwill and other intangibles, as determined under GAAP.

Book Value. Means the values assigned to the assets identified on Schedules 2, 3 and 4 attached hereto as of the Effective Date, subject to decrease as a result of depreciation expensed in accordance with generally accepted accounting principles to reflect the appropriate value of a given asset as of the date of the applicable determination.