Excess Reserves definition
Excess Reserves means the amount of a subdivision's public moneys that exceed the average of a subdivision's annual operating expenses in the immediately preceding three fiscal years.
Excess Reserves has the meaning assigned to that term in Section 3.02(b).
Excess Reserves means, with respect to each Calculation Period, the amount by which the aggregate Reserve Amounts exceed the Reserve Cap.
Examples of Excess Reserves in a sentence
Excess reserves shall remain in the Health Fund but shall be subject to separate reporting to the committee.
More Definitions of Excess Reserves
Excess Reserves means the amount of statutory
Excess Reserves means assets of a health benefit plan less all liabilities
Excess Reserves means an amount equal to (i) the difference between the Reinsurer’s Quota Share of Statutory Reserves and (ii) Economic Reserves.
Excess Reserves means the amount of outstanding funds in the Reserves after all obligations to be paid out of such Reserves have been satisfied in full.
Excess Reserves for any Quarterly Accounting Period means an amount (which shall not be less than zero) equal to The Third Amendment Quota Share of the difference between Statutory Reserves and Economic Reserves, each as determined as of the Last Day of the Current Quarterly Accounting Period.
Excess Reserves means the extent to which the actual Damages incurred by the Acquired Companies arising from the Maple Ridge Matter and the Hearthstone Matter, net of actual recoveries arising from the counterclaim of the Acquired Companies with respect to the Hearthstone Matter, when fully satisfied are less than the Reserve Balance.
Excess Reserves means assets of a health benefit plan less all liabilities including accrued liabilities of the health benefit plan as shown on a financial statement of the plan prepared according to generally accepted accounting practices.]