Admitted Asset definition

Admitted Asset with respect to any HMO Subsidiary or Insurance Subsidiary, any asset of such HMO subsidiary or Insurance Subsidiary which qualifies as an "admitted asset" (or any like item) under the applicable Insurance Regulations and HMO Regulations.
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Admitted Asset means an asset that is identified specifically as an admitted asset within the NAIC accounting manual or is not identified specifically as a nonadmitted asset within the NAIC accounting manual, excluding assets of separate accounts because the investments and investment practices of separate accounts are not subject to the provisions of this chapter.
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Admitted Asset means any property, security, item or interest of a person permitted or required by or under section 42 to be regarded as an admitted asset;
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Examples of Admitted Asset in a sentence

  • The assets included in the SAP Statement of Financial Position are the AYD (Admitted Asset), and accounts are filled out based on the accounts in Details 101 up to 209.

  • Correlation is significant at the 0.01 level (2-tailed).PBT= Profit before Tax, IIn= Investment Income, UP=Underwriting Profit, AA= Admitted Asset, NP= Net Premium, CE= Capital Employed, ra= Return on assets and ru = Return on underwriting premiumTable 4.1 shows correlation between dimensions of profit before tax (PBT) independent variables (IN, UP, AA, CE, ra and ru).

  • Investment yield Ratio = Investment Average Relationship between Financial Ratios and Financial Liquidity ratio, consisting of: Liability to Liquid Assets Ratio = Liabilities Admitted Asset Performance According to James C.

  • UPGRADES AND IMPROVEMENTS TO NATIONAL GUARD READINESS CENTERS AND FACILITIES, STATEWIDE DESIGN AND CONSTRUCTION OF IMPROVEMENTS AND UPGRADES TO NATIONAL GUARD READINESS CENTERS (ARMORIES) AND FACILITIES TO CONFORM TO CURRENT NATIONAL GUARD BUREAU AND U.S. DEPARTMENT OF THE ARMY STANDARDS AND CRITERIA, AND TO MEET HEALTH, SAFETY, AND BUILDING CODE REQUIREMENTS.

  • Assets and Liabilities in SAP Statement of Financial Position are AYD (Admitted Asset) which accounts are filled out based on the Regulation of Minister of Finance Number 53 of 2012 and its implementation regulations.

  • Here, however, our country’s insurance investment directive is tabulated as follows:Table 1.Limits on Investment of Insurance Funds No. Investment AreaLimit of Investment as % ofSource: - NBE Directive (SIB/025/20004) (May, 2015)According to the NBE's directive of investment of insurance funds, the base for the computation of potential investment fund on each investment area is the" Admitted Asset" (A.A).The insurance funds are classified into "General insurance" and "Long-term insurance".

  • In their study, Goncharov, Werner and Zimmermann measured hard compliance figures without taking the level of compliance and (the quality) of the specific explanation given by companies into account.

  • Aggregate Fair Value for all financial instruments at March 31, 2023: Type of Financial Instruments Aggregate Fair Value Admitted Asset (Level 1) (Level 2) (Level 3) Net Asset Value (NAV) Bonds (long and short term) and preferred stocks: Fair values for bonds and preferred stocks are determined as described in Note 20.

  • The working group discussed Section 9, Admitted Asset Standards, specifically the issue of how a title insurance plant should be valued.

  • Gross Asset CurrentNon-admitted Asset CurrentNet Admitted Asset Currenta.


More Definitions of Admitted Asset

Admitted Asset means any property, security, item or interest of
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Related to Admitted Asset

  • Admitted assets means the amount thereof as of the last day of the most recently concluded annual statement year, computed in accordance with rule 191—5.6(505,515,520).

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Separately invested asset means an account or fund of a district that is not invested in a pooled fund group.

  • Portfolio Asset means an asset of an investment fund;

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Invested Assets means cash, Cash Equivalents, short term investments, investments held for sale and any other assets which are treated as investments under GAAP.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Excluded Asset means any asset of any Grantor excluded from the security interest hereunder by virtue of Section 2.2 hereof but only to the extent, and for so long as, so excluded thereunder.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Contributed Property means each property or other asset, in such form as may be permitted by the Delaware Act, but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted Property.

  • Specified Asset as defined in subsection 4.2.2 hereof.

  • Exchange Property has the meaning set forth in Section 11(a).

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Fixed Asset means a tangible non-current asset, including buildings and equipment, acquired not for sale but for use for the Project during the Eligible Expenditure Period;

  • REO Asset of a Person means a real estate asset owned by such Person and acquired as a result of the foreclosure or other enforcement of a lien on such asset securing a Servicing Advance or loans and other mortgage-related receivables.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Subject Vehicle means the vehicle being tested.

  • Related member means a person that, with respect to the taxpayer during all or any portion of the taxable year, is either a related entity, a component member as defined in section 1563(b) of the Internal Revenue Code, or a person to or from whom there is attribution of stock ownership in accordance with section 1563(e) of the Internal Revenue Code except, for purposes of determining whether a person is a related member under this division, "twenty per cent" shall be substituted for "5 percent" wherever "5 percent" appears in section 1563(e) of the Internal Revenue Code.

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Taxable Public Property means all Assessor’s Parcels of Public Property that are not exempt pursuant to Section E below.

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.