How is Adjusted Tangible Net Worth defined in a legal contract?
- Adjusted Tangible Net Worth means as of the date of determination, the total of: the tangible net worth of the servicer plus one percent of the servicer’s servicing portfolio.
Seen in 76 SEC filings - Adjusted Tangible Net Worth means the difference between the net book value of all assets of a person and it’s subsidiaries (excluding intangible assets) and the total of the indebtedness and other liabilities of said person and its subsidiaries.
Seen in 55 SEC filings - Adjusted Tangible Net Worth means at any given date, the book value of the tangible assets of a parent company minus the amount of the parent company’s liabilities on a consolidated balance sheet.
Seen in 46 SEC filings - Adjusted Tangible Net Worth means the net worth of a person plus their subordinated debt, less restricted cash, investment securities, mortgage loans held for investment, REO Property and all intangible assets.
Seen in 18 SEC filings - Adjusted Tangible Net Worth means the capital stock, paid-in capital and retained earnings, minus the net book value of intangible assets such as goodwill, patents, trademarks, treasury stock, and franchises.
Seen in 17 SEC Filings - Adjusted Tangible Net Worth means the definition as assigned in the Pricing Side Letter.
Seen in 15 SEC Filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of adjusted tangible net worth’ yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Adjusted Tangible Net Worth means the net worth plus [percentage] of a portfolio, excluding intangible assets.
Relevant Contract Type
- Merger and Acquisition Agreements
- Investment Agreements
- Shareholder Agreements
- Joint Venture Agreements
Relevant Circumstances
- When determining the financial viability of an organization.
- During financial analysis for investment purposes.
- Evaluating worth of a company during merger or acquisition.
Relevant Sectors
Genie Definition 2
- Adjusted Tangible Net Worth means the equity of a [entity] minus liabilities and intangible assets.
Relevant Contract Type
Relevant Circumstances
- Evaluating creditworthiness for loan agreements.
- Determining company value during partnership formations.
Relevant Sectors
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Adjusted Tangible Net Worth means the net worth plus [percentage] of a portfolio, excluding intangible assets.
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