Net Worth

Net Worth. Shall mean, at the date of determination and without duplication, the amount of total stockholders' equity (including capital stock and retained earnings less any Redeemable Stock and deficit) of the Borrower and its Consolidated Subsidiaries. Notwithstanding the foregoing, Net Worth shall include, without double counting, (i) the net proceeds realized from the sale of the portion of Trust Preferred Securities included in the audited consolidated financial statements of the Borrower under the... caption 'Guaranteed Preferred Beneficial Interest in Crown Media Trust's Debentures' and (ii) the preferred shares of the Borrower held by National Interfaith Cable Coalition included in the audited consolidated financial statements of the Borrower under the caption 'Minority Interests' in an amount not to exceed $25 million. View More

Net Worth. Shall mean, as to any Entity, the amount by which its total assets exceed its total liabilities, all as determined on a consolidated basis in accordance with generally accepted accounting principles applicable in the United States of America.

Net Worth. The Total Assets minus the Total Liabilities of such Person and its subsidiaries, all determined on a consolidated basis in accordance with generally accepted accounting principles, consistently applied

Net Worth. Shall mean the mid-point of the range of the market value of the Bank and its Affiliates as determined by an independent third-party appraisal.

Net Worth. Means the amount which would be included under stockholders' equity on a consolidated balance sheet of Guarantor and its Subsidiaries determined on a consolidated basis in accordance with GAAP.

Net Worth. Shall mean, on any date, the consolidated stockholders' equity of COFC and its consolidated Subsidiaries plus an amount equal to 80% of the face amount of any Mandatorily Convertible securities issued by COFC, all determined as of such date on a consolidated basis without duplication in accordance with GAAP.

Net Worth. Means the excess of the Pledgor's consolidated total assets (including Intangible Assets) over its consolidated total liabilities, determined in accordance with generally accepted accounting principles applied on a consistent basis from period to period.

Net Worth. With respect to any Person, the excess of total assets of such Person, over total liabilities of such Person, determined in accordance with GAAP.

Net Worth. With respect to any Person and its consolidated Subsidiaries on any date, all amounts that would be included under capital or shareholder's equity (or any like caption) on a consolidated balance sheet of such Person and its consolidated Subsidiaries pursuant to GAAP.

Net Worth. Means, with respect to any Person, the difference between such Person's total assets and its total liabilities, excluding the amount of any negative goodwill and calculated in accordance with generally accepted accounting principles or other reputable accounting principles.