Effective Tangible Net Worth

Example Definitions of "Effective Tangible Net Worth"
Effective Tangible Net Worth. Shall mean, on a consolidated basis, the total assets (exclusive of goodwill, patents, trademarks, trade names, copyrights, organization expense, investments in and all amounts due from Affiliates, officers, or employees), less total liabilities (less Indebtedness subordinated to the Term Loan, if any) of the Company and its subsidiaries in accordance with GAAP.
Found in DIEDRICH COFFEE INC contract
Effective Tangible Net Worth. Shall mean, on a consolidated basis, the total assets (exclusive of goodwill, patents, trademarks, trade names, copyrights, organization expense, investments in and all amounts due from Affiliates, officers, or employees), less total liabilities (less Indebtedness subordinated to the Term Loan, Notes, if any) of the Company and its subsidiaries in accordance with GAAP.
Found in DIEDRICH COFFEE INC contract
View Variation Arrow
Effective Tangible Net Worth. Shall mean, with respect to any Person, total assets (exclusive of goodwill, patents, trademarks, trade names, copyrights, organization expense, investments in and all amounts due from Affiliates, officers, or employees), plus Subordinated Debt, less Total Liabilities (excluding Subordinated Debt), at such time.
Found in DIEDRICH COFFEE INC contract
All Definitions