Consolidated GAAP Net Worth

Consolidated GAAP Net Worth. Consolidated GAAP Net Worth" means the sum of (a) the common capital stock and preferred capital stock (including mandatorily redeemable preferred capital stock) and additional paid-in capital of the Guarantor and its Subsidiaries on a consolidated basis, plus (without duplication) (b) the amount of retained earnings (inclusive of Deferred Revenues) (or, in the case of a deficit, minus the deficit), minus (c) treasury stock, plus or minus (d) any other account which is ... customarily added or deducted in determining stockholders' equity (without giving effect to any increase or decrease to Consolidated GAAP Net Worth attributable to the application of SFAS No. 115 and 130), all of which shall be determined on a consolidated basis in accordance with GAAP. View More