Surplus Amount definition

Surplus Amount means [***].

Surplus Amount means any amount on deposit in the Vendor Payable Account on the Partial Prepayment Date. “Vendor Payable Account” means the separate account of that name established pursuant to Section X of this Contract.

Surplus Amount in respect of a particular Bid by an Anchor Investor, shall mean any amount paid in respect of such Bid that is in excess of the amount arrived at by multiplying the number of Equity Shares allocated in respect of such Bid with the Anchor Investor Offer Price, and shall include Bid Amounts below the Anchor Investor Offer Price, in respect of which no Equity Shares are to be Allotted, and in respect of refunds that are to be made after transfer of monies to the Public Offer Account, the Surplus Amount shall mean all Bid Amounts to be refunded after the transfer of monies to the Public Offer Account. For the sake of clarity, in case of an unsuccessful Bid by an Anchor Investor, the entire amount paid towards the Bid shall be considered to be the Surplus Amount;

Examples of Surplus Amount in a sentence

• The Purchase Price Adjustment Report shall be prepared using the same format and the same methodologies used in preparing the statement of the Estimated Surplus Amount referred to in Section 2.3(b) of this Agreement and shall clearly set forth and describe any variations between the Estimated Surplus Amount and Buyer’s calculation of the Final Surplus Amount (or any figures used by Buyer in calculating the same).

• Interest Reserve AccountOpening Balance$0.00Additions$0.00Interest Reserve Account Surplus Amount released to Transferor$0.00Withdrawals$0.00Ending Balance$0.002.Investment Proceeds on Interest Reserve Account$0.003a.Required Interest Reserve Account Class A Amount$0.003b.Required Interest Reserve Account Class B Amount$0.003c.Required Interest Reserve Account Amount (total of items 3a.

• The total consideration to be paid by the Applicant in the Transaction shall be an amount equal to the difference of:1 (i) the sum of (A) an amount equal to the Closing Company Statutory Capital and Surplus Amount, plus (B) $20,000,000, less (ii) an amount equal to the Special Dividend Amount (the “Merger Consideration”).

• The total aggregate consideration for the Shares purchased by Buyer from Seller (the “Purchase Price”) shall be an amount equal to the sum of (i) One Hundred Seventy-Five Thousand Dollars ($175,000) multiplied by the number of Authorized States, excluding any Authorized State as to which there is a Deficiency as of the Closing Date, and (ii) the Surplus Amount.

• Within forty five (45) days after the Closing Date, Buyer shall deliver to Seller a report (the “Purchase Price Adjustment Report”), showing in detail its final determination of the Surplus Amount as of the Closing Date, together with any documents substantiating the calculations proposed in the Purchase Price Adjustment Report.

More Definitions of Surplus Amount

Surplus Amount means $25,000.

Surplus Amount shall have the meaning specified in the Pricing Letter.

Surplus Amount in respect of a particular Bid by Anchor Investor, shall mean any amount paid in respect of such Bid that is in excess of the amount arrived at by multiplying the number of Equity Shares in respect of such Bid with the Anchor Investor Offer Price and shall include Bid Amounts below the Anchor Investor Offer Price, in respect of which no Equity Shares are to be Allotted, and in respect of refunds that are to be made after transfer of monies to the Public Offer Account, the surplus amount shall mean all Bid Amounts to be refunded after the transfer of monies to Public Offer Account. For the sake of clarity, in case of an unsuccessful Bid by the Anchor Investor, the entire amount paid towards the Bid shall be considered to be the Surplus Amount.

Surplus Amount means an amount equal to the amount (if any) by which the principal amount of any Securities Collateral sold to pay the Cash Settlement Amount to the Swap Counterparty under the Credit Default Swap exceeds such Cash Settlement Amount as a result of the principal amount of such Securities Collateral sold being rounded up to the nearest integral multiple of the denomination of the Securities Collateral.

Surplus Amount means an amount equal to the amount (if any) by which the net sale proceeds of any Collateral sold to pay the Aggregate Settlement Amount to the Swap Counterparty under the Interest Rate Swap and Credit Default Swap exceeds such Aggregate Settlement Amount as a result of the principal amount of such Collateral sold being rounded up to the nearest integral multiple of the denomination of the Collateral, such amount to be paid to the Swap Counterparty under the Interest Rate Swap by Disposal Agent on behalf of the Issuer in accordance with paragraph 76, and as such amount may be reduced from time to time to set off against subsequent Cash Settlement Amounts payable by the Issuer as set out under the Credit Default Swap.

Surplus Amount means, as of the date of determination, the amount if any by which (a) the total assets of Seller (such assets excluding the Commitment and any unfunded amounts thereof) exceed (b) the total liabilities of Seller, in each case as reflected on the balance sheet of Seller as of the applicable date set forth in the Agreement, prepared in accordance with GAAP.

Surplus Amount means any, all of or any combination of a Canadian Surplus Amount, an EMEA Surplus Amount or an NNSA Surplus Amount.