Financial solvency definition

Financial solvency means that the applicant or provider is able to meet debts or financial obligations with some money to spare.
Financial solvency means that the applicant or provider ((is able to meet debts or financial obligations with some money to spare)) has sufficient funds to operate the home. An applicant or provider is considered financially solvent when they have no delinquent debt. At the department's discretion, the department may consider an applicant or provider financially solvent if their only delinquent debt is for medical reasons.
Financial solvency means an entity’s ability to pay their long-term debts including any associated interest. To be considered solvent, the value of a company’s or individual’s assets must be greater than the sum of their debt obligations.

Examples of Financial solvency in a sentence

  • Any self-insured retentions must be declared to an approved by the City of Locust Grove so that the City of Locust Grove may ensure the Financial solvency of the Contractor; self-insured retentions should be included on the certificate of insurance.

  • The governing body shall select and appoint an executive director with full administrative responsibility for carrying out the policies, procedures and programs established by the governing body.114.6(5) Financial solvency of facilities.

  • The governing body shall select and appoint an executive director with full administrative responsibility for carrying out the policies, procedures and programs estab- lished by the governing body.114.6(5) Financial solvency of facilities.

  • Experience and Installation Base of the Proposer• Breadth and depth of project experience with and past performance on similar projects;• Financial solvency and capacity;• Overall installation and deployment experience; and• Results of customer references related to similar projects.

  • Financial solvency (for example, a letter from your bank);- Turnover for each of the past 3 years (2017-2018-2019) for display services realized in the US.

  • Operational efficiency: Financial solvency linked to efficiency improvementWhere state owned enterprises have been operating inefficiently for years and also need financial support due to costs exceeding revenue, it is possible to link continued state support to improving the efficiency of operations.

  • Financial solvency is highly correlated with liquidity and funding risks, including the concept of ‘market contagion’ that could result from the financial instability of even a small and isolated entity, affecting larger and more solid franchises.

  • A proof of Economic and Financial Solvency: - Financial solvency (for example, a letter from your bank); - Turnover for each of the past 3 years (2019-2020-2021) for jobs realized in the US.

  • Financial solvency (for example, a letter from your bank);- Turnover for each of the past 3 years (2018-2019-2021) for display services realized in the US.

  • These are financial risk factors namely: – Financial solvency and liquidity risks– Borrowing limits, delays– Cash/Reserve management risks– Tax risks.


More Definitions of Financial solvency

Financial solvency means an entity's ability to pay their long-term debts including any associated interest. To be considered solvent, the value of a company's or individual's assets must be greater than the sum of their debt obligations.
Financial solvency means the ability of a nursing facility to meet its financial obligations.
Financial solvency. By signing the AGREEMENT, CONSULTANT affirms financial stability and continued solvency. At the request of DISTRICT, CONSULTANT will provide written evidence of its financial stability and solvency.
Financial solvency means an entitys ability to pay their long-term debts including any
Financial solvency means that the applicant or provider has sufficient funds to operate the home. An applicant or provider is con- sidered financially solvent when they have no delinquent debt. At the department's discretion, the department may consider an applicant or
Financial solvency. Provider shall maintain reasonably adequate provisions against the risk of insolvency.

Related to Financial solvency

  • Sustainable Investment means an investment in an economic activity that contributes to an environmental objective, as measured, for example, by key resource efficiency indicators on the use of energy, renewable energy, raw materials, water and land, on the production of waste, and greenhouse gas emissions, or on its impact on biodiversity and the circular economy, or an investment in an economic activity that contributes to a social objective, in particular an investment that contributes to tackling inequality or that fosters social cohesion, social integration and labour relations, or an investment in human capital or economically or socially disadvantaged communities, provided that such investments do not significantly harm any of those objectives and that the investee companies follow good governance practices, in particular with respect to sound management structures, employee relations, remuneration of staff and tax compliance;

  • Financial aid means loans and/or grants to needy students

  • Financial Closure means the first Business Day on which funds are made available to the TSP pursuant to the Financing Agreements;

  • Related Financial Product means any financial product which references directly or indirectly the Preference Shares.

  • Sustainability Structuring Agent means PNC Capital Markets LLC.

  • Financial Sponsor means any Person, including any Subsidiary of such Person, whose principal business activity is acquiring, holding, and selling investments (including controlling interests) in otherwise unrelated companies that each are distinct legal entities with separate management, books and records and bank accounts, whose operations are not integrated with one another and whose financial condition and creditworthiness are independent of the other companies so owned by such Person.

  • regulated investment companies (as defined in Section 851 of the Code), all as from time to time in effect (collectively, the "Policies"), and with all applicable provisions of law, including without limitation all applicable provisions of the Investment Company Act of 1940 (the "1940 Act") and the rules and regulations thereunder. Subject to the foregoing, the Sub-Adviser is authorized, in its discretion and without prior consultation with the Manager, to buy, sell, lend and otherwise trade in any stocks, bonds and other securities and investment instruments on behalf of the Series, without regard to the length of time the securities have been held and the resulting rate of portfolio turnover or any tax considerations; and the majority or the whole of the Series may be invested in such proportions of stocks, bonds, other securities or investment instruments, or cash, as the Sub-Adviser shall determine.

  • GM Financial means AmeriCredit Financial Services, Inc. d/b/a GM Financial.

  • CMSA Financial File means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Financial File" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • Investment Client means (i) any investment company registered as such under the Investment Company Act, any series thereof, or any component of such series for which the Adviser acts as investment adviser; or (ii) any private account for which the Adviser acts as investment adviser.

  • CREFC® Comparative Financial Status Report The monthly report in “Comparative Financial Status Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Responsible public entity means a public entity that has the power to develop or operate the

  • Investment Strategy is the processes and policies implemented by the Investment Manager for pursuing a particular investment objective managed by an Investment Team.

  • Regulated investment company has the meaning set forth in Section 851 of the Code.

  • Investment Canada Act means the Investment Canada Act (Canada).

  • Family of Investment Companies as used herein means two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other).

  • CMSA Comparative Financial Status Report The monthly report in "Comparative Financial Status Report" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "Comparative Financial Status Report" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Master Servicer or the Special Servicer, as applicable.

  • financial entity means the following entities which meet such criteria or conditions as the Central Government may, in consultation with the financial sector regulator, notify in this behalf, namely:

  • Finance Co means the Person named as such in the preamble of this Indenture under and until a successor replaces it pursuant to the applicable provision of this Indenture and thereafter means such successor.

  • Financial Close means the Capacity Market Seller has demonstrated that the Capacity Market Seller or its agent has completed the act of executing the material contracts and/or other documents necessary to (1) authorize construction of the project and (2) establish the necessary funding for the project under the control of an independent third-party entity. A sworn, notarized certification of an independent engineer certifying to such facts, and that the engineer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration. For resources that do not have external financing, Financial Close shall mean the project has full funding available, and that the project has been duly authorized to proceed with full construction of the material portions of the project by the appropriate governing body of the company funding such project. A sworn, notarized certification by an officer of such company certifying to such facts, and that the officer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration.

  • Financial Instrument” shall mean the Financial Instruments under the Company’s CIF license which can be found in the document “Company Information” on the Website. It is understood that the Company does not necessarily offer all the Financial Instruments which appear on its CIF license but only those marketed on its Website from time to time.

  • parent mixed financial holding company in a Member State means a mixed financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in that same Member State;

  • CREFC® Financial File The data file in the “CREFC® Financial File” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;