Accumulated Surplus definition

Accumulated Surplus means the accumulated excess of revenues over expenditures from prior years which has not been set aside for specific purposes.

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Accumulated Surplus means the current running total of surpluses from the annual budget;

Accumulated Surplus means the accumulated excess of revenues over expenses from prior years which has not been set aside for specific purposes. (Accumulation of unallocated surplus)

Examples of Accumulated Surplus in a sentence

If the Final Termination Review demonstrates an Accumulated Surplus, the Company shall pay to the Employer an amount equal to the Accumulated Surplus within 10 calendar days after the completion of the Final Termination Review.
Administaff and UnitedHealthcare acknowledge and agree that the amount waived pursuant to the immediately preceding sentence (i) shall be taken into consideration for the purposes of determining any further actions, if any, which may be necessary to manage the Redetermined Accumulated Surplus (calculated as of March 31, 2007) in accordance with Exhibit A to the MP Financial Agreement, and (ii) shall not constitute Policy Revenue under the MP Financial Agreement.
UnitedHealthcare agrees to reduce the minimum level of Redetermined Accumulated Surplus level identified in Section 6 of Exhibit A to the MP Financial Agreement from $11 million to $9 million effective with respect to Arrangement Quarters beginning on or after January 1, 2007.
Tenant will have 15 Business Days from receipt of the Letter of Intent to deliver to Landlord written notice (the "Exercise Notice") of its intention to pursue purchase of the Unit on the terms and conditions contained in the Letter of Intent or to propose a counteroffer to Landlord.
Effective as of the date of execution of an amendment to the definitive agreements incorporating the terms of this letter agreement, the Accumulated Surplus will be credited with interest by UnitedHealthcare at a rate and in a manner which is substantially similar to the interest crediting provisions contained in the Security Deposit Agreement as such agreement was in effect on March 1, 2005.

More Definitions of Accumulated Surplus

Accumulated Surplus means the total of all net assets that are owned or accrued to the County, as presented on the Consolidated Statement of Financial Position.

Accumulated Surplus means the amount, if any, by which the total of a board’s current and prior in-year surpluses exceeds the total of its current and prior in-year deficits; (“excédent accumulé”)

Accumulated Surplus means the accumulated excess of revenues over expenditures from prior years.

Accumulated Surplus means, as of the last day of an Arrangement period (i) the sum of the Surpluses, if any, for such Arrangement Period and all preceding Arrangement Periods, reduced by (ii) the sum of the Deficits for all preceding Arrangement Periods, provided, however, that a Deficit or Surplus shall not be counted twice in the case of overlapping Arrangement Periods.

Accumulated Surplus means the net amount of annual surpluses and deficits of LABC from previous fiscal years, as reported in LABC’s annual Statement of Operations and Accumulated Surplus;

Accumulated Surplus means funds remaining or estimated to remain available at the end of a fiscal year for future spending.

Accumulated Surplus means the total amount of assets less liabilities of the local government; the accumulated excess of revenues over expenses from prior years. Reserves form the restricted portion of the Accumulated Surplus.