Tangible Net Worth

Example Definitions of "Tangible Net Worth"
Tangible Net Worth. Means with respect to any Person and any date, all amounts that would be included under capital or shareholder's equity (or any like caption) on the balance sheet of such Person, minus (a) amounts owing to that Person from any Affiliate thereof, or from officers, employees, partners, members, directors, shareholders or other Persons similarly affiliated with such Person or any Affiliate thereof, (b) intangible assets, and (c) prepaid taxes and/or expenses, plus deferred origination fees, net of... deferred origination costs, all on or as of such date. For sake of clarity, mortgage servicing rights shall not be deemed to be intangible assets. View More
Tangible Net Worth. Means Means, with respect to any Person and any date, all amounts that would be included under capital or shareholder's equity (or any like caption) on the balance sheet of such Person, minus (a) amounts owing to that Person from any Affiliate thereof, or from officers, employees, partners, members, directors, shareholders or other Persons similarly affiliated with such Person or any Affiliate thereof, (b) intangible assets, and (c) prepaid taxes and/or expenses, plus deferred origination fees,... net of deferred origination costs, all on or as of such date. date; provided that "Tangible Net Worth" shall be determined without regard to the effects of consolidation of any issuer of a Specified Third Party Securitization on the financial statements of such Person under Accounting Standards Codification Section 810, as amended, modified or supplemented from time to time, or otherwise under GAAP. For sake the avoidance of clarity, doubt, mortgage servicing rights shall not be deemed to be intangible assets. View More
Tangible Net Worth. Means with respect to any Person and any date, as of a particular date all amounts that which would be included under capital or shareholder's equity (or any like caption) of such Person and its Consolidated Subsidiaries, if any, on the a balance sheet of such Person, Person and its Consolidated Subsidiaries at such date, determined in accordance with GAAP, minus (a) (i) amounts owing to that such Person from any Affiliate thereof, or from officers, employees, partners, members, directors,... shareholders or other Persons similarly affiliated with such Person or any Affiliate thereof, (b) (ii) intangible assets, assets and (c) (iii) prepaid taxes and/or expenses, plus deferred origination fees, net of deferred origination costs, all on or as of such date. For sake of clarity, mortgage servicing rights shall not be deemed to be intangible assets. View More
Tangible Net Worth. Means Shall mean, with respect to any Person and Person, on any date, date of determination, all amounts that which would be included under capital or shareholder's equity (or any like caption) on the a balance sheet of such Person, Person pursuant to GAAP, minus (a) amounts owing to that such Person from any Affiliate thereof, or from officers, employees, partners, members, directors, shareholders or other Persons similarly affiliated with such Person or any Affiliate thereof, (b) intangible... assets, and (c) prepaid taxes and/or expenses, plus deferred origination fees, net of deferred origination costs, all on or as of such date. For sake of clarity, mortgage servicing rights shall not be deemed to be intangible assets. View More
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Tangible Net Worth. Borrower's total assets excluding all intangible assets (i.e., goodwill, trademarks, patents, copyrights, organizational expenses, and similar intangible items, but including leaseholds and leasehold improvements) less Total Debt
Tangible Net Worth. And "Total Debt" are defined in Section 5.18. The foregoing definitions shall be applicable to the singulars and plurals of the foregoing defined terms.
Tangible Net Worth. Stockholders equity plus minority interest minus Intangibles
Tangible Net Worth. The total net worth of Borrower less the sum of goodwill and other intangible assets.
Tangible Net Worth. Shall mean stockholder equity less goodwill.
Tangible Net Worth. Shall mean stockholder equity less (i) goodwill and (ii) preferred stockholder equity.
Tangible Net Worth. Means, with respect to the Grantors, the aggregate shareholders' equity (or the equivalent thereof) of the Grantors calculated in accordance with GAAP consistently applied after subtracting therefrom the aggregate amount of the Grantors' intangible assets (as determined in accordance with GAAP), including, without limitation, goodwill, franchises, licenses, patents, trademarks, tradenames, copyrights and service marks and after subtracting any equity of the Borrower calculated in accordance... with GAAP. View More
Tangible Net Worth. As of a given date, (a) the stockholders' equity of the Parent and its Subsidiaries determined on a consolidated basis, plus (b) minority interests in the Borrower, plus (c) accumulated depreciation and amortization, minus (d) the following (to the extent reflected in determining stockholders' equity of the Parent and its Subsidiaries): (i) the amount of any write-up in the book value of any assets contained in any balance sheet resulting from revaluation thereof or any write-up in excess of... the cost of such assets acquired, and (ii) all amounts appearing on the assets side of any such balance sheet for assets which would be classified as intangible assets under GAAP, all determined on a consolidated basis View More
Tangible Net Worth. Total assets less the sum of Intangible Assets, and total liabilities.
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