Unmodified Gross Assets definition

Unmodified Gross Assets means the gross value for the Energy Company determined pursuant to Section IV of the Rating & Premium Plan.
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Unmodified Gross Assets means the gross value for the Energy Company determined pursuant to Section IV of the Rating & Premium Plan. Policy Declaration Policy No: (Eastern Standard Time) Named Insured and Address Energy Company and Address* Assured(s) Hereunder Pursuant to Split Policy, if any. Joint Policyholder pursuant to Endorsement 3 See attached for specific coverage details. Limits Each Occurrence Deductible
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Unmodified Gross Assets means the gross value of the Assured's property, plant and equipment (without deduction for depreciation, depletion and amortization) plus all inventories, materials and supplies and also plus any inventories and/or other property deemed in the discretion of Chrysalis to be owned property under the policy, but excluding Watercraft (Vessels) other than those excepted from exclusion 1a of the policies, and furthermore excluding Construction Property, as reported in the Assured's most recent annual financial report, as adjusted so as to be consistent in all material respects (except as otherwise agreed by Chrysalis) with generally accepted accounting principles in the United States of America or International Financial Reporting Standards, broken down by each Sector insured by the Policy, and certified by the Assured's chartered accountants or certified public accountants or otherwise verified to Chrysalis's satisfaction; provided, however, that, subject to such conditions as Chrysalis may require, Chrysalis may, upon request of the Named Insured, adjust the Assured’s Unmodified Gross Assets to reflect more accurately, in the judgment of
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Examples of Unmodified Gross Assets in a sentence

  • The interest of the Policyholder in any Subsidiary or Affiliate that is either non- Consolidated or partially Consolidated (not otherwise insured as an entire entity under any policies issued to any person or entity by the Underwriter) in which the interest of the Policyholder in the Unmodified Gross Assets of such Subsidiary or Affiliate is one percent (1%) or less of the Unmodified Gross Assets of the Policyholder.

  • Deeming Unmodified Gross Assets to one billion dollars ($1,000,000,000) is not permitted.

  • EXHIBIT A SECTOR & GEOGRAPHIC REGION DEFINITIONS This schedule defines the Sector & Geographic Region definitions, approved by the Board of Directors, to be used for the purposes of reporting Unmodified Gross Assets pursuant to Section IV of the Rating & Premium Plan.

  • Additional per occurrence limits may be granted above ten percent (10%) of the Named Insured’s Unmodified Gross Assets at the discretion of the Board of Directors up to the Maximum Insurance Limit Per Occurrence (or the Maximum Designated Named Windstorm Insurance Limit Per Occurrence, if applicable).

  • The interest of the Policyholder in any Subsidiary or Affiliate that is either non- Consolidated or partially Consolidated (not otherwise insured or reinsured as an entire entity under any policies issued to any person or entity by the Underwriter) in which the interest of the Policyholder in the Unmodified Gross Assets of such Subsidiary or Affiliate is one percent (1%) or less of the Unmodified Gross Assets of the Policyholder.

  • EXHIBIT A SECTOR & GEOGRAPHIC REGION DEFINITIONS This schedule defines the Sector & Geographic Region definitions, approved by the Board of Directors, to be used for the purposes of reporting Unmodified Gross Assets pursuant to SectionIV.C of the Rating & Premium Plan.

  • If asked to work in a different department, will not displace anybody in that department regardless of seniority; No The Employee will be offered only the “leftover” or unassigned work that cannot be handled by the department that are temporarily moving to.

  • With respect to any Designated Named Windstorm Occurrence the insurance limit per occurrence shall be the lesser of: (1) ten percent (10%) of Unmodified Gross Assets rounded to the nearest ten thousand dollars ($10,000), or (2) the Maximum Designated Named Windstorm Insurance Limit Per Occurrence.

  • EXHIBIT A SECTOR & GEOGRAPHIC REGION DEFINITIONS This schedule defines the Sector & Geographic Region definitions, approved by the Board of Directors, to be used for the purposes of reporting Unmodified Gross Assets pursuant to Section IV.C of the Rating & Premium Plan.

  • With respect to any Designated Named Windstorm Occurrence the insurance limit per occurrence shall be the lesser of:(a1) ten percent (10%) of Unmodified Gross Assets rounded to the nearest ten thousand dollars ($10,000), or (b2) the Maximum Designated Named Windstorm Insurance Limit Per Occurrence.

Related to Unmodified Gross Assets

  • Gross Assets means the total of fixed assets and current assets;

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Specified Assets the following property and assets of such Grantor:

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • long term specified asset means any bond, redeemable after three years and issued on or after the 1st day of April 2006:

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Specified Asset Sale has the meaning specified in Section 2.05(b)(vi).

  • Green Tag Reporting Rights means the exclusive right of a purchaser of Environmental Attributes to report ownership of Environmental Attributes in compliance with federal or state law, if applicable, and to federal or state agencies or other parties at such purchaser's discretion, including under any present or future domestic, international, or foreign emissions trading program or renewable portfolio standard.

  • Excluded Perfection Assets means, collectively:

  • Shared-Loss Assets means Shared-Loss Loans, Other Real Estate purchased by the Assuming Institution, Additional ORE, Shared-Loss Subsidiaries, and Capitalized Expenditures, but does not include Shared-Loss Securities.

  • Transient guest means a natural person staying less than 30 consecutive days.

  • Cell Line means the cell line, particulars of which are set out in Schedule 1.

  • Portfolio Data means the Key Terms in relation to all outstanding Trades between you and us in a form and standard that is capable of being reconciled. The information comprising the Portfolio Data for Portfolio Data Delivery Date will be prepared as at the close of business New York time on the immediately preceding Business Day.

  • Fixed Asset Supplies means items included within “Property and Equipment” under the Uniform System of Accounts including, but not limited to, linen, china, glassware, tableware, uniforms, and similar items, whether used in connection with public space or Guest Rooms.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Pre-Existing Intellectual Property means intellectual property developed prior to or outside the scope of this Contract, and any derivatives of that intellectual property.

  • Customer Assets means the Customer’s infrastructure, data, software, materials, assets, equipment or other property owned by and/or licensed or leased to the Customer and which is or may be used in connection with the provision of the Goods and/or Services;

  • Seller Intellectual Property means (a) all Intellectual Property Rights owned or licensed to Seller or its Affiliates prior to the Effective Date; (b) all Intellectual Property Rights in the Seller Parts, the Specifications, and the Base Vehicle; and (c) all other Intellectual Property Rights designed, developed, or otherwise created by Seller or its Affiliates after the Effective Date without reference to Buyer Intellectual Property excluding, in each case, any of the foregoing which are Buyer Intellectual Property.

  • Network Data Mover (NDM) or “Connect Direct” means the industry standard protocol for transferring information electrically.

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

  • Your Billing Rights Keep This Document for Future Use

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Qualified vendor means a vendor who: