Basic Capital definition

Basic Capital means paid-in capital stock (if a stock insurer) or

Basic Capital means paid-in capital stock (if a stock insurer) or basic capital surplus (if a mutual, reciprocal or Lloyds insurer).

Basic Capital means the minimum amount of capital that the Fund should maintain in order to serve its purposes;

Examples of Basic Capital in a sentence

• The Board of Trustees and shareholders of EQK shall have approved the Merger Agreement and the transactions contemplated thereby (collectively, the "Merger-Related Transactions"), including, without limitation, the amendment and restatement of EQK's Amended and Restated Declaration of Trust, the execution of a new advisory agreement between EQK and Basic Capital Management, Inc., and the election of the new Board of Trustees.

• The undersigned acknowledges that is has received a copy of the Agreement and that, subject only to the payment in full to the Partnership of the Basic Capital Contribution stated below, the undersigned, from the date hereof, shall have all of the rights and obligations of a Limited Partner as that term is defined in the Agreement.

• Calls for Capital Contributions shall be made on all of the Partners pro rata according to their respective Basic Capital Contributions.

• Compared the amounts to, or derived amounts from, the Company’s unaudited pro forma consolidated financial information described in paragraph 5 above and found them to be in agreement.

• Own Financing Sources (Basic Capital Budget)The Council shall establish a Capital Replacement Reserve (CRR) for the purpose of financing capital projects and the acquisition of capital assets.

• The Agents further understand that Basic Capital Funds, an Ontario limited partnership, and Xxxxxxx Xxxx/Xxxxxxx Inc., a Florida corporation, (collectively, the "PROMOTERS"), have taken the initiative in organizing the Company and its affairs for the purposes of the Offering.

• By the Brisbane Summit and end-2014 respectively:• the International Association of Insurance Supervisors will present a Basic Capital Requirement on which higher loss absorbency for globally systemic insurers will be built, and• the FSB, working with IOSCO, will refine methodologies for identifying global systemic firms that are neither banks nor insurance companies, taking account of comments received during the initial public consultation earlier this year.

• The size of the capital (profit) provision, and whether it is negative or positive in a particular year, flows from Special Direction IC2 and the Commission-approved Basic Capital Management Plan.18 ICBC has been applying this same approach for many years, and the Commission has accepted it.19 10.

• Phillips, Basic Capital Management, Inc., American Realty Investors, Inc., American Realty Trust, Inc., Ted P.

• Construction for the supply and installation of custom street furniture for Granville Street Downtown at an estimated value of $519,960.00 plus the applicable 5% Goods and Services Tax (less any municipal rebate received) with funding provided from the 2006-2008 Streets Basic Capital Budgets for the Granville Street Reconstruction.

More Definitions of Basic Capital

Basic Capital means the sum of the capital stock (Line 1(a)), contributed surplus (Line 1(b)), and statutory surplus (Line 2(h)) of Form 8, statutory statement of capital and surplus, plus adjustments, if applicable, made under Section 6D of the Act;