Define: Adjusted Consolidated Net Worth

What does "Adjusted Consolidated Net Worth" mean? The meaning differs based on the contract. We found 3 definitions across 1 company in SEC filings.

Definition 1 (Eaton Corp plc, seen in 1 filing)

Adjusted Consolidated Net Worth means at any date the sum, without duplication, of (i) the consolidated shareholders equity of Parent and its Consolidated Subsidiaries, (ii) their consolidated liability for post-retirement benefits other than pensions, (iii) the aggregate carrying value of any outstanding Qualifying Preferred Stock, all determined as of such date and (iv) the negative non-cash alternative minimum liability pension adjustments taken after October 31, 2002 in an aggregate amount not to exceed $1,000,000,000.

Source: Eaton Corp plc 8-K

Definition 2 (Eaton Corp plc, seen in 1 filing)

Adjusted Consolidated Net Worth means at any date the sum, without duplication, of (i) the consolidated shareholders’ equity of Parent and its Consolidated Subsidiaries, (ii) their consolidated liability for post-retirement benefits other than pensions, (iii) the aggregate carrying value of any outstanding Qualifying Preferred Stock, all determined as of such date and (iv) the negative non-cash alternative minimum liability pension adjustments taken after October 31, 2002 in an aggregate amount not to exceed $1,000,000,000.

Source: Eaton Corp plc 10-Q

Definition 3 (Eaton Corp plc, seen in 1 filing)

Adjusted Consolidated Net Worth means consolidated shareholders' equity of Parent and its Consolidated Subsidiaries, determined in accordance with GAAP, minus the aggregate amount of intangible assets of Parent and its Consolidated Subsidiaries, determined in accordance with GAAP.

Source: Eaton Corp plc 10-Q

Data extracted from 3 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 3
Companies: 1
Keywords:
Adjusted Consolidated Net Worthdefinitioncontract languagelegal termSEC filing

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