Examples of Net Liquid Assets in a sentence
This percentage is calculated as follows: Net Liquid Assets / (permanent mortgage loans of proposed development + permanent mortgage loans of not yet placed in service projects) > .029If this requirement cannot be met, the applicant may provide confirmation from the equity provider of its acceptance of applicant’s financial capabilities.
During the first seven months of 2017, Net Liquid Assets to Deposits rose to 45.7 percent, 5.9 percentage points more than that of the corresponding period in 2016.
The purpose of the facility is to assist the Company’s compliance with Adjusted Net Liquid Assets capital requirements which are imposed under its regulatory licence (note 17).
This percentage is calculated as follows: Net Liquid Assets / (permanent mortgage loans of proposed development + permanent mortgage loans of not yet placed in service projects) > .029Alternatively, if this requirement cannot be met, the applicant may provide confirmation from the equity provider of its acceptance of applicant’s financial capabilities.
This should be kept in mind when filling out the Net Liquid Assets – attachment E (NLA) section of the return.Liquid Assets Assets that are realisable or otherwise convertible to cash within 24 hours Liquid Liabilities Liabilities that may become due and payable within 24 hoursNet Liquid Assets Liquid Assets less Liquid LiabilitiesAs such, this section should not include any assets that relate to assets of a client of the Participant.