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

• Surplus accumulations must be disposed of within reasonable time limits.

• Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X.

• 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.

• Yes" Response to Above Attribute - Continued - 8 Subcontracting and Affirmative Steps for Small and Minority Businesses, Women's Business Enterprises, and Labor Surplus Area Firms.

• From the amount then remaining on deposit in the Special Tax Fund (including the amount on deposit in the Surplus Account), the Fiscal Agent shall, as soon as such amount is sufficient, deposit in the Reserve Fund the amount, in addition to the amount transferred to the Bond Fund described above, necessary to replenish any draw on the Reserve Fund.

More Definitions of Surplus

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

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 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 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 net excess of income over the expenditure;