Unrestricted surplus definition

Unrestricted surplus means the amount by which qualified assets exceed 110 percent of required liabilities.
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Unrestricted surplus means the amount by which total admitted assets exceed one hundred twenty-five percent of the insurer's required liabilities.
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Unrestricted surplus means the amount by which total admitted assets exceed one hundred twenty‑five percent of the insurer’s required liabilities.
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Examples of Unrestricted surplus in a sentence

  • Unrestricted surplus (deficit) net position represents amounts not included in other categories.

  • Unrestricted surplus includes amounts invested in tangible capital assets, net of related debt, amortization and other unrestricted surplus carried forward.

  • Schedule 9B summarizes the transactions between the three categories during the reporting year. Unrestricted surplus is defined as the portion of the accumulated surplus or deficit which results from excess revenue and expenses. Restricted surplus is defined as the amount that results from excess revenues which have been internally designated or externally restricted.

  • If neither shall be present, the members of the General Assembly present shall choose one of the Vice-Presidents or failing them, one of their number, to be the chairman of the remainder of such meeting.

  • Term Debt is total external long-term debt, excluding the current portion of debt..(3) Primary Reserve Ratio Expendable Net Assets x 365 days Total Assets Indicates UOIT’s financial strength and flexibility by determining the number of days UOIT can function using only its resources that can be expended without restrictions.Expendable net assets include: Unrestricted surplus (deficit), internally restricted net assets and endowments..

  • Vice Chair Compton seconded the motion and it carried unanimously.

  • Investment in tangible capital assets Internally restricted surplus Unrestricted surplus Investment in tangible capital assets20152014$ 101,923$ 95,446 8,544 14,186406388(15)(94)(8,115)(8,003)8206,477 $ 102,743 $ 101,923Investment in tangible capital asset figures represent the amount of internally generated funds spent on capital.

  • Unrestricted surplus includes an accumulated balance of excess revenue over expense since inception of the University.

  • Term Debt is total external long-term debt, excluding the current portion of debt..(3) Primary Reserve Ratio Expendable Net Assets x 365 days Total Assets Indicates UOIT’s financial strength and flexibility by determining the number of days UOIT can function using only its resources that can be expended without restrictions.Expendable net assets include: Unrestricted surplus (deficit), internally restricted net assets and endowments..II.

  • Schedule 9B summarizes the transactions between the three categories during the reporting year.• Unrestricted surplus is defined as the portion of the accumulated surplus or deficit which results from excess revenue and expenses.• Restricted surplus is defined as the amount that results from excess revenues which have been internally designated or externally restricted.


More Definitions of Unrestricted surplus

Unrestricted surplus means the amount by which total admitted assets exceed 125% of the insurer's required liabilities.
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Unrestricted surplus means that portion of the Accumulated Surplus that has not been allocated by the board for specific uses.
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Unrestricted surplus means a surplus that is allowed by the Finance Committee to be carried to the next fiscal year.
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Unrestricted surplus means the portion of accumulated surplus built up in the District’s various operating funds that has not been designated for specific uses and is not tangible capital assets.
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Unrestricted surplus means the unrestricted portion of the Accumulated Surplus.
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Related to Unrestricted surplus

  • Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Unrestricted Subsidiary means any Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of such Board of Directors, but only to the extent that such Subsidiary:

  • Unrestricted Cash The meaning of “Unrestricted Cash” or any comparable definition in the Underlying Instruments for each Loan, and in any case that “Unrestricted Cash” or such comparable definition is not defined in such Underlying Instruments, all cash available for use for general corporate purposes and not held in any reserve account or legally or contractually restricted for any particular purposes or subject to any lien (other than blanket liens permitted under or granted in accordance with such Underlying Instruments), as reflected on the most recent financial statements of the relevant Obligor that have been delivered to the Borrower.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Unrestricted Shares means a grant of Shares made on an unrestricted basis pursuant to Section 13 of the Plan.

  • Unrestricted Stock means an Award pursuant to Section 11 hereof.

  • Subsidiary Redesignation shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this Section 1.01.

  • Converted Restricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as determined by the Borrower in good faith, but excluding any Cure Amount) received (or deemed received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from: