Tangible Assets

Tangible Assets. Shall mean the total of all assets appearing on a balance sheet of Borrower prepared in accordance with GAAP (with Inventory being valued at the lower of cost or market), after deducting all proper reserves (including reserves for Depreciation) minus the sum of (i) goodwill, patents, trademarks, royalties, licenses, deposits, deferred charges and other personal property which is classified as intangible property in accordance with GAAP,... and (ii) any amounts due from shareholders, affiliates, officers or employees of Borrower. View More

Tangible Assets. Means the kiosks and office furniture owned by Seller and located on or used in the operation of the Retail, Restaurant and Studio Office Space, which kiosks and office furniture are described on SCHEDULE 7.2(i).

Tangible Assets. Means (A) from the Spin-Off Date through (and including) the end of the first month following twelve (12) months after the Spin-Off Date: (i) the Company's total assets (including cash and cash equivalents), less (ii) intangible assets, each determined on a consolidated basis in accordance with GAAP, less (iii) Non-Revenue Generating Assets to the extent not already included in (ii); and (B) thereafter: (i) the Company's total assets (not including cash and cash equivalents),... less (ii) intangible assets, each determined on a consolidated basis in accordance with GAAP, less (iii) Non-Revenue Generating Assets to the extent not already included in (ii), each determined on a non-consolidated basis in accordance with GAAP. View More

Tangible Assets. 1.1(a)(iii)

Tangible Assets. Defined in Section 3.1. A list of items compromising the Tangible Assets is set forth as Exhibit D.

Tangible Assets. The Company's total assets, less goodwill and other intangible assets.