Net Tangible Assets

Example Definitions of "Net Tangible Assets"
Net Tangible Assets. Means the difference between (x) the Seller's Total Assets (other than Excluded Assets and Goodwill) as of the Closing Date sold and delivered to Purchaser and (y) all the Assumed Liabilities, as shown on the Closing Date Balance Sheet.
Found in NAPCO SECURITY TECHNOLOGIES, INC contract
Net Tangible Assets. The consolidated tangible assets of the Target Group less consolidated Liabilities and, for the avoidance of doubt, if the consolidated Liabilities shall exceed the consolidated tangible assets, Net Tangible Assets shall be a negative figure
Found in WeTrade Group Inc. contract
All Definitions