Accumulated Deficit definition
Examples of Accumulated Deficit in a sentence
If the Initial Termination Review and/or Final Termination Review demonstrates an Accumulated Deficit, the Company shall have such rights to the balance in the Security Deposit as described in the Security Deposit Agreement.
The Capital of the Bank is $12,225,271 divided into 2,000,500 shares of Common Stock, par value $2.00 ("Bank Common Stock"), with Surplus of $9,072,747 and an Accumulated Deficit and Other Comprehensive Income of $848,476 as of March 31, 1999.
Such allocation of Accumulated Deficit will be made solely on a notional basis for purposes of allocating losses among the Partnership Interests and the LLC Common Securities and, accordingly, will not result in the actual write down of the nominal value of either the Partnership Interests or the LLC Common Securities.
Equity Changes (Unaudited) September 30, June 30, 2003 2004 Number of Shares 12,214,632 0 12,214,632 Common Stock $ 122,146 $ (109,931) $ 12,215 Additional Paid-In Capital 2,274,840 109,931 2,384,771 Retained Earnings (Accumulated Deficit) (2,457,952) (73,441) (2,461,348) Total Stockholders' Equity (60,966) (3.396) (64,362) NOTE 3.
Of Operating Losses and an Accumulated Deficit and Expect To Incur Losses In The Future ..............