Net Assets
Net Assets. The total assets of the Company (other than intangibles) at cost, before deducting depreciation, reserves for bad debt or other non-cash reserves, less total liabilities, calculated quarterly by the Company of a basis consistently applied.
Net Assets. Shall mean total assets less total Liabilities of the Company as of 11:59 p.m. Chicago time on the Business Day immediately preceding the Closing Date.
Net Assets. Has the meaning set forth in the Articles of Incorporation.
Net Assets. Shall mean total assets less total liabilities, including unrealized profits and losses on open positions, accrued income and expense, calculated in accordance with generally accepted accounting principles as more fully described in each Fund's Offering Materials.
Found in
Frontier Funds contract
Net Assets. The highest amount, determined as of any Determination Date, by which (a) all of any US Guarantor's property at fair valuation (within the meaning of Section 101(32)(A) of the US Bankruptcy Code but excluding the capital stock or other ownership interests issued by any other Guarantor or by any other person that is required hereby to become a Guarantor) exceeds (b) such US Guarantor's debts (as defined in Section 101(12) of the US Bankruptcy Code but excluding its obligations under Section 31)
Found in
Clever Leaves Holdings Inc. contract
Net Assets. Means at any time of determination thereof, the owner's equity of the Borrower as set forth in the most recent financial statements of the Borrower delivered to the Facility Agent pursuant to this Agreement.
All Definitions
Found in
Tesla contract
