Shareholders' Equity

Shareholders' Equity. Provided that, if the Globalstar Receivables Sale occurs, any charges or write-offs associated with the Globalstar Receivables or any gains resulting from the Globalstar Receivables Sale in each case that are recorded or taken after October 1, 2000, shall be disregarded for the purpose of calculating Shareholders' Equity.

Shareholders' Equity. On any date shall mean stockholders' equity determined in accordance with GAAP.

Shareholders' Equity. As of any date of determination, consolidated shareholders' equity of the Companies and their Subsidiaries as of that date determined in accordance with GAAP.

Shareholders' Equity. Means: (i) the sum of: (x) the net proceeds from all issuances of the Company's equity securities since inception (allocated on a pro rata daily basis for such issuances during the fiscal quarter of any such issuance), plus (y) the Company's retained earnings at the end of the most recently completed calendar quarter (as determined in accordance with GAAP, adjusted to exclude any non-cash equity compensation expense incurred in current or prior periods), less (ii) any amount that the Company... pays for repurchases of Common Stock since inception. Notwithstanding anything else herein to the contrary, Stockholders' Equity shall exclude (A) any unrealized gains or losses from mark to market valuation changes (other than permanent impairment) that have impacted Stockholders' Equity as reported in the Company's financial statements prepared in accordance with GAAP, (B) the effect of any gains or losses from one-time events pursuant to changes in GAAP and (C) non-cash items which in the judgment of management should not be included in Core Earnings and (D) the portion of the net proceeds of the Company's Initial Public Offering and the concurrent private placement that have not yet been initially invested in the Target Assets. For items (B) and (C), such exclusions shall only be applied after discussions between the Manager and the Independent Directors and approval by a majority of the Independent Directors. View More

Shareholders' Equity. (A) the sum of the net proceeds from any issuances of the Trust's equity securities since inception (allocated on a pro rata daily basis for such issuances during the fiscal quarter of any such issuance); plus (B) the Trust's retained earnings at the end of such quarter; less (C) any amount that the Trust pays for repurchases of its Common Shares (allocated on a pro rata daily basis for such repurchases during the fiscal quarter of any such repurchase); excluding (D) one-time events pursuant to... changes in GAAP and certain other non-cash charges after discussions between the Manager and the Independent Trustees and after approval by a majority of the Independent Trustees. The Conditional Payments shall be taken into account in the calculation of Shareholders' Equity only from and after the payment thereof, if any. For purposes of calculating the Base Management Fee, outstanding limited partnership interests in the Operating Partnership (other than limited partnership interests held by the Trust) shall be treated as outstanding Common Shares. View More

Shareholders' Equity. Means, as of any date of determination, the sum of consolidated shareholders' equity of the Borrower and its Subsidiaries as of that date determined in accordance with GAAP, but excluding the effect of any adjustment under Statement of Financial Accounting Standards No. 115; provided, however, that for purposes of calculating Shareholder's Equity for the Debt to Capitalization Ratio and Section 7.09, no equity value shall be attributed to any Additional Trust Securities unless the Required... Lenders determine otherwise. View More