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. EXHIBIT C Policy Declaration Policy No: Everen Limited Post Office Box HM 1751 Hamilton, Bermuda HMGX Policy Period: January 1, 20 (00:00:00 EST (Midnight)) to December 31, 20 (23:59:59 EST) (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. * To be completed only if Named Insured is not an Energy Company. TOTAL POLICY LIMITS THROUGH DECEMBER 31, 20 . Limits Each Occurrence Deductible Elections: Flat Premium Option Retrospective Premium Election Quota Share Retention % Retrospective Percentage % Endorsements: 1 R&PP 4 OPOL 2 Coverage Options 5 Excess Insurance 3 Joint Policyholder Other
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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.

  • 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.


More Definitions of Unmodified Gross Assets

Unmodified Gross Assets means the gross value for the Energy Company determined pursuant to Section IV of the Rating & Premium Plan. INDEX TO INSURANCE POLICY Page ASSURED 53 INSURING AGREEMENTS 54 EXCLUSIONS 55 CONDITIONS 61 A. Valuation and Basis of Recovery 61 B. Permissions 63 C. Representation 63 D. Assistance and Cooperation 63 E. Notice of Loss 64 F. Underwriter's Liability 64 G. Other Insurance 66 H. Subrogation 66 I. Submission of Claim 67 J. Bankruptcy and Insolvency 68 K. Currency 68 L. Automatic Renewal, Cancellation and Non-Renewal 68 M. Limits, Sublimits and Deductibles 69 N. Premium 69 O. Territory 69 P. Amendment of Policy In Accordance With Shareholders' Agreement 69 Q. Abandonment 69 R. Arbitration 70 S. Choice of Law 71 T. Dates & Times 71 POLICY DEFINITIONS 71 APPLICABILITY OF EXCLUSIONS CHART 81 POLICY NUMBER EXHIBIT C-1 Everen Limited Insurance Policy‌
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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:

  • Accelerator-produced material means any material made radioactive by a particle accelerator.

  • 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 right of a purchaser of renewable energy to report ownership of accumulated “green tags” in compliance with and to the extent permitted by applicable Law and include, without limitation, rights under Section 1605(b) of the Energy Policy Act of 1992, and any present or future federal, state or local certification program or emissions trading program, including pursuant to the WREGIS Operating Rules.

  • 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.

  • Analytical x-ray equipment means equipment used for x-ray diffraction or fluorescence analysis.

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

  • Category 4 Data is data that is confidential and requires special handling due to statutes or regulations that require especially strict protection of the data and from which especially serious consequences may arise in the event of any compromise of such data. Data classified as Category 4 includes but is not limited to data protected by: the Health Insurance Portability and Accountability Act (HIPAA), Pub. L. 104-191 as amended by the Health Information Technology for Economic and Clinical Health Act of 2009 (HITECH), 45 CFR Parts 160 and 164; the Family Educational Rights and Privacy Act (FERPA), 20 U.S.C. §1232g; 34 CFR Part 99; Internal Revenue Service Publication 1075 (xxxxx://xxx.xxx.xxx/pub/irs-pdf/p1075.pdf); Substance Abuse and Mental Health Services Administration regulations on Confidentiality of Alcohol and Drug Abuse Patient Records, 42 CFR Part 2; and/or Criminal Justice Information Services, 28 CFR Part 20.

  • 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 Services;

  • After-Acquired Intellectual Property has the meaning assigned to such term in Section 4.02(d).

  • Seller Intellectual Property means any Intellectual Property that is owned by either Seller and primarily used in connection with the Business.

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Assigned Contract has the meaning set forth in Section 1.5(a).

  • Your Billing Rights Keep This Document for Future Use This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.