Surplus definition

Surplus means the number of votes by which the total number of votes for any candidate (whether first preference or transferred votes, or a combination of both) exceeds the quota; but references in these rules to the transfer of the surplus means the transfer (at a transfer value) of all transferable ballot documents from the candidate who has the surplus,

Surplus means the amount by which the emissions have fallen below the target for any target period;

Surplus means the amount paid for issued and outstanding common and preferred stock in excess of the stated par value, plus any amount of transferred undivided profits, and any additional amounts paid in or contributed to increase total capital.

Examples of Surplus in a sentence

• All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VII (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s Risk Manager.

• Subject to the City’s compliance with the provisions of the California Surplus Land Act, if, at any time after the expiration of the Fire Station Development Period, the City desires to sell the Fire Station Parcel to an unaffiliated third party in a bona fide transaction, the City shall notify Developer in writing (the “ROFO Trigger Notice”) that it intends to offer the Fire Station Parcel for sale.

• Subject to the City’s compliance with the provisions of the California Surplus Land Act, within five (5) business days following receipt of a term sheet or other expression or letter of intent by a third party to purchase the Fire Station Parcel (“Third Party LOI”) that is satisfactory to the City in its sole discretion, the City shall notify and send Developer such Third Party LOI which shall disclose to Developer the contemplated purchase price for the Fire Station Parcel (the “ROFR Trigger Notice”).

• If an Association Employee’s residual “Flex Credits” are reduced, the employee will have the responsibility to pay the contribution no longer covered by the Surplus Flex Credits.

• Nothwithstanding anything to the contrary contained herein, all rights and obligations of Developer related to the ROFO pursuant to this Section 7.1 are subject to and contingent upon City’s obligations under and compliance with the California State Surplus Land Act.

More Definitions of Surplus

Surplus means an excess of the assets of a fund over its liabilities and reserves.

Surplus. , in relation to a company, means the excess, if any, at the time of the determination, of total assets of the company over the sum of its total liabilities, as shown in the books of account plus its issued and outstanding share capital;

Surplus means the aggregate of the amount originally paid in as required by section 524.401, subsection 3, any amounts transferred to surplus pursuant to section 524.405 and any amounts subsequently designated as such by action of the board of directors of the state bank.

Surplus means that amount of monies in a trust account that is in excess of all costs, earned investment income, refunds, incurred losses and loss adjustment expenses and incurred but not reported reserves including the associated loss adjustment expenses attributed to the Commission net of any recoverable per occurrence or aggregate excess insurance or reinsurance for a particular year.

Surplus means the number by which the value of the votes, original and transferred, of any candidate exceeds the quota;

Surplus means the amount by which the event fee or advance exceeds actual expenses.

Surplus means the excess of assets over the sum of paid-in capital and liabilities. (b)