Allocable Assets definition

Allocable Assets means the total value of both of the Companies’ liquid invested assets combined, after making provision for costs and expenses of administration and accrued but unpaid claim payments.
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Allocable Assets means, with respect to each Party, the fair value of the plan assets allocated to such Party by the enrolled actuary for the EFH Retirement Plan in accordance with the Aon Calculation Method. For avoidance of doubt, the Parties acknowledge that the Aon Calculation Method utilizes Generally Accepted Accounting Principles (“GAAP”) to calculate Allocable Liabilities and Allocable Assets for an ongoing plan and a plan undergoing a “standard” plan termination as defined in ERISA § 4041(b), and that the Aon Calculation Method utilizes the actuarial assumptions outlined in 29 C.F.R. § 4044 in the event of a “distress” or “involuntary” plan termination as defined in ERISA § 4041(c) or 4042. RTCEH shall not alter or otherwise change the Aon Calculation Method without the prior written agreement of Oncor other than as otherwise required by law. RTCEH as sponsor of the EFH Retirement Plan may amend the EFH Retirement Plan at any time, as required by federal laws, in order to ensure that the EFH Retirement Plan maintains its qualified plan status and is in compliance with the requirements of any applicable collective bargaining agreement, ERISA, the Code and other applicable laws. Except as set forth in the immediately preceding sentence, RTCEH further agrees it will not amend, modify or terminate the EFH Retirement Plan during the Transition Period without the consent of Oncor, which consent will not be unreasonably withheld and will not, without the consent of Oncor, which will not be unreasonably withheld, amend, modify or terminate the EFH Retirement Plan at any time thereafter if such amendment, modification or termination reflects a material increase in the accrued benefit provided to any Split Participant and that would result in a material increase in Oncor’s Allocable Liabilities with respect to the EFH Retirement Plan.
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Allocable Assets means, with respect to each Party, the fair value of the plan assets allocated to such Party by the enrolled actuary for the EFH Retirement Plan in accordance with the Aon Calculation Method. For avoidance of doubt, the Parties acknowledge that the Aon Calculation Method utilizes Generally Accepted Accounting Principles (“GAAP”) to calculate Allocable Liabilities and Allocable Assets for an ongoing plan and a plan undergoing a “standard” plan termination as defined in ERISA § 4041(b), and that the Aon Calculation Method utilizes the actuarial assumptions outlined in 29
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Examples of Allocable Assets in a sentence

  • If a painful procedure must be conducted without the use of an anesthetic, analgesic, or tranquilizer -- because such use would defeat the purpose of an experiment -- the procedure must be approved by the IACUC and supervised directly by the responsible investigator.

  • The Active Asset Premium Ratio is the ratio of Active Allocable Assets to the aggregate Accumulated Premiums for all Active Lives.

  • Determination of the PTNA Assets, i.e. the Allocable Assets to be retained by or transferred to PTNA as of the Effective Date after taking into account the results of policyholder elections.

  • Determine whether each PTNA LTC policy is Self-Sustaining or Non-Self- Sustaining by allocating the PTNA LTC Allocable Assets among all ANIC LTC policies using NAPM.

  • Secondly, it is argued that long before the privatization of the enterprise the social facilities had privatized and some of the cultural centers had lost its importance.

  • Other Information Total Segment Assets Un Allocable Assets Total AssetsTotal Segment Liabilities Un Allocable Liability Total LiabilityTotal Capital Employed4.

  • Active Allocable Assets is a notional determination consisting of the Company’s Total Allocable Assets less the amount required to fund fully the Claims Reserves for Disabled Lives under the Plan.

  • Disabled Allocable Assets is a notional allocation consisting of the product of the Active Asset Premium Ratio times the Accumulated Premium for Disabled lives.

  • Staff also recommends approval of a work authorization amendment to Vali Cooper & Associates, Inc.

  • Exhibit 5.6 shows the calculation of the WACC: Exhibit 5.6: Calculation of Rate of Return on Rate Base (WACC) 2016 Rate of Return CalculationTotal Net Allocable Assets$ 34,373,930Outstanding Debt Principal (2016)$ 11,155,970Average Interest Rate on Outstanding Debt2.27%Net Equity (Total Allocable Assets - Outstanding Debt Principal)$ 23,217,960Equity Interest Rate7.00%Weighted Average Cost of Capital5.47% The return on equity is then calculated by multiplying the rate base by the WACC.

Related to Allocable Assets

  • Allocable Share means Allocable Share as that term is defined in the Master Settlement Agreement.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.

  • Allocable Amount has the meaning specified in Section 10.21(d).

  • Eligible Assets means the instruments in which the Issuer may invest as described in Exhibit B to this Agreement, which may be amended from time to time with the prior written consent of the Purchaser.

  • Replacement Assets means (1) non-current assets that will be used or useful in a Permitted Business or (2) substantially all the assets of a Permitted Business or a majority of the Voting Stock of any Person engaged in a Permitted Business that will become on the date of acquisition thereof a Restricted Subsidiary.

  • Consolidated Net Tangible Assets means the total assets of the Company and its Restricted Subsidiaries (less applicable depreciation, amortization, and other valuation reserves), less all current liabilities (excluding intercompany liabilities) and all intangible assets of the Company and its Restricted Subsidiaries, all as set forth on the most recent consolidated balance sheet of the Company and its Restricted Subsidiaries, prepared in accordance with GAAP.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Tangible Assets means assets consisting of land, buildings and plant, machinery and equipment;

  • Consolidated Tangible Assets means, for any Person, total assets of such Person and its consolidated Subsidiaries, determined on a consolidated basis, less goodwill, patents, trademarks and other assets classified as intangible assets in accordance with GAAP.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of: