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Surplus Amount definition

Surplus Amount in respect of a particular Bid by an Anchor Investor, shall mean any amount paid in respect of such Bid that is in excess of the amount arrived at by multiplying the number of Equity Shares allocated in respect of such Bid with the Anchor Investor Offer Price, and shall include Bid Amounts below the Anchor Investor Offer Price, in respect of which no Equity Shares are to be Allotted, and in respect of refunds that are to be made after transfer of monies to the Public Offer Account, the Surplus Amount shall mean all Bid Amounts to be refunded after the transfer of monies to the Public Offer Account. For the sake of clarity, in case of an unsuccessful Bid by an Anchor Investor, the entire amount paid towards the Bid shall be considered to be the Surplus Amount;
Surplus Amount means [***].
Surplus Amount means any amount on deposit in the Vendor Payable Account on the Partial Prepayment Date. “Vendor Payable Account” means the separate account of that name established pursuant to Section X of this Contract.

Examples of Surplus Amount in a sentence

  • To the extent that there exists no Default, Buyer shall, upon receipt of such written request, remit any such amount in excess of the Surplus Amount to Seller.

  • For avoidance of doubt, RECs that are issued later in the Delivery Year are to be considered first as Surplus RECs ahead of RECs issued earlier in the Delivery Year if the Delivery Year Surplus Amount exceeds the number of RECs that are of the latest vintage as recorded by PJM EIS GATS or M-RETS for such Delivery Year.

  • The Indemnity Cap is calculated as the lesser of (i) $303,750,000 and (ii) the Excess Surplus Amount.

  • The Servicer shall list the amounts to be distributed for each Payment Date in the Order of Priority and will notify the parties listed above of the Interest Compensation Available Amount, the Interest Compensation Ledger Allocable Amount, the Interest Compensation Shortfall Amount, the Interest Compensation Shortfall Redemption Amount, the Interest Compensation Surplus Amount and the Interest Compensation Required Amount.

  • To the extent that the aggregate Net Account Funded Amounts (net of any amounts withdrawn as contemplated herein) for all repurchased Mortgage Loans exceeds the Surplus Amount, then Seller may, no more than once per Business Day, deliver a written request prior to 2:00 p.m. (New York Time) for Buyer to remit any amount in excess of the Surplus Amount to Seller.


More Definitions of Surplus Amount

Surplus Amount means $25,000.
Surplus Amount shall have the meaning specified in the Pricing Letter.
Surplus Amount means an amount equal to the amount (if any) by which the net sale proceeds of any Collateral sold to pay the Aggregate Settlement Amount to the Swap Counterparty under the Interest Rate Swap and Credit Default Swap exceeds such Aggregate Settlement Amount as a result of the principal amount of such Collateral sold being rounded up to the nearest integral multiple of the denomination of the Collateral, such amount to be paid to the Swap Counterparty under the Interest Rate Swap by Disposal Agent on behalf of the Issuer in accordance with paragraph 76, and as such amount may be reduced from time to time to set off against subsequent Cash Settlement Amounts payable by the Issuer as set out under the Credit Default Swap.
Surplus Amount means an amount equal to the amount (if any) by which the principal amount of any Securities Collateral sold to pay the Cash Settlement Amount to the Swap Counterparty under the Credit Default Swap exceeds such Cash Settlement Amount as a result of the principal amount of such Securities Collateral sold being rounded up to the nearest integral multiple of the denomination of the Securities Collateral.
Surplus Amount means such portion of the Application Money received pursuant to the Issue for which the Rights Equity Shares applied for are not Allotted;
Surplus Amount means, as of the date of determination, the amount if any by which (a) the total assets of Seller (such assets excluding the Commitment and any unfunded amounts thereof) exceed (b) the total liabilities of Seller, in each case as reflected on the balance sheet of Seller as of the applicable date set forth in the Agreement, prepared in accordance with GAAP.
Surplus Amount means $[***].