Net Liabilities definition

Net Liabilities means the liabilities of a registered insurer or reinsurer reduced to the extent that any such liabilities have been reinsured with another registered insurer or reinsurer;

Net Liabilities means the liabilities of the Company reduced to the extent that any such liabilities have been reinsured with a registered reinsurer as defined in section 1(1) of the Short-term Insurance Act;

Net Liabilities means all direct liabilities plus reinsurance assumed minus reinsurance ceded, except as otherwise expressly excluded below.

Examples of Net Liabilities in a sentence

• The Purchase Price shall be reduced by the net amount of Forecast Net Liabilities shown in Schedule 3 as at the Completion Date, or such other amount as agreed by the parties as representing that forecast.

• New appointments and non-­‐renewals of part-­‐time faculty are made by the Chair after consultation when possible with appropriate faculty.

• If Comcast Subsidiary or one of its Affiliates does not make the request provided in the first sentence of this Section 3.1(g)(v), Comcast Subsidiary shall assume all Liabilities associated with any long-term disability, retiree life or retiree medical benefits relating to or in connection with the Selected Employees and such Liabilities shall be reflected in the Closing Net Liabilities Amount used in calculating the Final Adjustment Amount.

• Excess Amount of Qualifying Assets over Amount of Net Liabilities of wholly- owned non- insurers in compliance with Section 901(7)(c).

• The Consolidated Statement of Change in Net Liabilities (see page 41) shows the net impact of applying the expenditure basis of accounting.

More Definitions of Net Liabilities

Net Liabilities means the total consolidated assets of the Group minus total consolidated liabilities of the Group (other than the liability in respect of the Shareholder Loan and the New Loan, if any); it being referred to as "Net Asset Value" if it is a positive figure, and "Net Liabilities" if it is a negative figure (as applicable). For the avoidance of doubt, for the calculation or determination of the Net Asset Value or Net Liabilities (as the case may be):

Net Liabilities means, with respect to any Person, the net mark-xx-market value determined in accordance with GAAP.

Net Liabilities means all Liabilities of Parent less the sum of all cash and equivalents and deposits of Parent. Stockholders’ equity (deficit) shall be determined in accordance with generally accepted accounting principles applied on a basis consistent with the Parent Financial Statements.

Net Liabilities means liabilities determined in a manner consistent with GAAP but excluding (i) current and deferred Tax liabilities and (ii) any other Retained Liabilities.

Net Liabilities means the amount by which, as of the closing date, the Seller's total liabilities are in excess of (in which case the purchase price will be decreased), or less than (in which case the purchase price will be increased), the Seller's current assets including accounts receivable but excluding supplies and inventory.

Net Liabilities means, with respect to any Person, the net xxxx-to-market value determined in accordance with GAAP.

Net Liabilities as of any date shall mean the difference between (i) the total current liabilities of LD Services as of such date (excluding shareholders' equity) less (ii) the total current assets, determined in accordance with GAAP on an accrual basis. In the event such total liabilities are less than such total assets, Net Liabilities shall be zero. For purposes of the foregoing, Net Liabilities at the Deemed Closing Date shall reflect accrual for all legal and accounting fees and expenses of LD Services relating to the transactions contemplated hereby, regardless of whether such amounts have been billed to LD Services prior to the Deemed Closing Date.