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.

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

• The determination of the amount of the Accumulated Surplus for this purpose will be based on the revised Accumulated Surplus calculations for the calendar quarter immediately preceding the most recently completed calendar quarter that is the subject of such Quarterly Review or Annual Review, as applicable.

• Notwithstanding anything herein to the contrary, unless otherwise set forth in any subsequent amendment relating to this item C, the obligations for each party set forth in this paragraph will not commence until the Accumulated Surplus amount for the first Arrangement Quarter of 2005 has been determined (which determination is expected to occur on or about ***).

• If pursuant to a Quarterly Review or Annual Review, as applicable, the Accumulated Surplus is determined to be in excess of $11,000,000, commencing 15 days after such determination has been made, UnitedHealthcare will waive Administaff’s Claims Account funding obligations, if any, for a period and in an amount sufficient to cause the Accumulated Surplus to be no more than $11,000,000.

• In establishing the Monthly Payable Rate for an Arrangement Quarter prior to the second Arrangement Quarter of 2005, the Company shall take into account any Accumulated Deficit or Accumulated Surplus, but shall not be required *** Accumulated Deficit or Accumulated Surplus in the Monthly Payable Rate of a single Arrangement Quarter.

• 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.

More Definitions of Accumulated Surplus

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 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, 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 accumulated surplus reserves, as defined in accordance with the accounting standards that the splitting municipality or affected district municipality is required by legislation to apply in preparing annual financial statements, which are owed by that splitting municipality or the affected district municipality;

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

Accumulated Surplus means the current running total of surpluses from the annual budget; “Unrestricted Reserves” means any amount of the accumulated surplus that is left unrestricted for operational spending and remains in the organization’s cash account;

Accumulated Surplus means the sum of all assets less all debts and liabilities; (excédent accumulé)