Net Worth

Net Worth. For any period means the sum of the gross proceeds from all prior offerings of its equity securities by the Company, after deducting expenses and costs relating to such offerings (or for any period in which new equity securities are issued, the arithmetic weighted average for the period of the prior offering proceeds and the new proceeds), plus the Company's beginning retained earnings (without taking into account any losses incurred in prior ... periods and excluding amounts reflecting taxable income to be distributed as dividends and amounts reflecting valuation allowance adjustments such as accumulated other comprehensive gain (loss)). View More

Net Worth. The total of all assets appearing on a balance sheet prepared in accordance with GAAP for Borrower, minus (a) all obligations which are required by GAAP to be reflected as a liability on the balance sheet of Borrower; minus (b) the amount, if any, at which shares of stock of a non-wholly owned subsidiary appear on the asset side of Borrower's balance sheet, as determined in accordance with GAAP; minus (c) minority... interests; and minus (d) deferred income and reserves not otherwise reflected as a liability on the balance sheet of Borrower. View More

Net Worth. : at any date, (A) the sum of (i) the net worth of the Borrower and its Subsidiaries, determined on a consolidated basis in accordance with GAAP, plus (ii) any Loans (other than any PIK Amounts) included in such net worth calculation, minus (B) any intercompany Receivable from the Parent Guarantor which is eliminated or set off in consolidation of the Parent Guarantor's financial statements.

Net Worth. At a particular date, shall mean all amounts which would be included under shareholders' equity on a balance sheet of Borrower and its Subsidiaries on a consolidated basis determined in accordance with GAAP as at such date.

Net Worth. Shall mean the consolidated net worth of the Bank and its subsidiaries as stated in its audited financial statements if the Valuation Date is the last day of the fiscal year of the Bank or as stated in its monthly unaudited financial statements on any other Valuation Date. Net Worth shall be determined excluding (1) all contributions to the capital of the Bank and its subsidiaries, (2) FAS 115 adjustments and (3) any extraordinary or nonrecurring items as the Committee determines in its... discretion to be appropriate. View More

Net Worth. Means the book value of assets less the book value of liabilities. 4

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.