Asset Segment definition

Asset Segment means (i) Denny's Holdings, or (ii) any Subsidiary, group of Subsidiaries or group of assets (other than inventory held for sale in the ordinary course of business) of an Issuer or its Subsidiaries which (A) accounts for at least 20 percent of the total assets of such Issuer and its Subsidiaries on a consolidated basis as of the end of the last fiscal quarter immediately preceding the date for which such determination is being made or (B) accounts for at least 20 percent of the income from continuing operations before income taxes, extraordinary items and cumulative effects of changes in accounting principles of such Issuer and its Subsidiaries on a consolidated basis for the four full fiscal quarters immediately preceding the date for which such calculation is being made.
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Asset Segment means (i) Denny's Holdings, Inc., (ii) Spartan Holdings, Inc., (iii) FRD, or (iv) any Subsidiary, group of Subsidiaries or group of assets (other than inventory held for sale in the ordinary course of business) of the Issuer or its Subsidiaries which (A) accounts for at least 20 percent of the total assets of the Issuer and its Subsidiaries on a consolidated basis as of the end of the last fiscal quarter immediately preceding the date for which such determination is being made or (B) accounts for at least 20 percent of the income from continuing operations before income taxes, extraordinary items and cumulative effects of changes in accounting principles of the Issuer and its Subsidiaries on a consolidated basis for the four full fiscal quarters immediately preceding the date for which such calculation is being made.
Sample 1Sample 2
Asset Segment means (i) Denny's Holdings, Inc., (ii) Spartan Holdings, Inc., (iii) FRD, or (iv) any Subsidiary, group of Subsidiaries or group of assets (other than inventory held for sale in the
Sample 1

Examples of Asset Segment in a sentence

  • Net cash flows in each Projection Interval shall be reinvested in a manner consistent with the company’s investment policy for each Asset Segment.

  • Assets at the beginning of the projection shall be selected from the company’s actual assets backing the policies associated with each Asset Segment.

  • Both the Stochastic Reserve and Deterministic Reserve calculations require the use of Cash Flow Models for each Asset Segment.

  • The Exclusion Amount for a given set of policies within an Asset Segment is to be determined by the actuary.

  • Determining the discounted value of the aggregate risk-based capital requirements for the Policies in the Asset Segment determined in 7(a) above, using the Discount Rates for the Asset Segment,c.

  • Calculate the net accumulated asset amount for each Asset Segment at the end of each Projection Yearduration and at the Projection Start Datestart of the projection, as described in paragraph (b) below.

  • Calculate the net accumulated asset amount for each Asset Segment at the end of each Projection Year and at the Projection Start Date, as described in subparagraph 4(d) below.

  • Starting Assets: The assets assigned to an Asset Segment prior to the calculation of the Reported Reserve, and valued as of the Projection Start Date.

  • The discounted value shall be calculated using the path of Discount Rates for the Asset Segment from the Projection Start Date to the end of the Projection Year.

  • For the Scenario Amount calculations, the path of Discount Rates for each Asset Segment shall be equal to the implied forward rates from the swap curve for companies that do not use an integrated model.

Related to Asset Segment

  • Market segment means the portion of the market covering one (1) of the

  • Segment means a portion of any Term Loan (or all thereof) with respect to which a particular interest rate is (or is proposed to be) applicable.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Core Business means any material line of business conducted by the Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental thereto.

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Combined cycle system means a system comprised of one or more combustion turbines, heat recovery steam generators, and steam turbines configured to improve overall efficiency of electricity generation or steam production.

  • Base Offer Segment means a component of a Sell Offer based on an existing Generation Capacity Resource, equal to the Unforced Capacity of such resource, as determined in accordance with the PJM Manuals. If the Sell Offers of multiple Market Sellers are based on a single Existing Generation Capacity Resource, the Base Offer Segments of such Market Sellers shall be determined pro rata based on their entitlements to Unforced Capacity from such resource.

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.

  • Qualified business facility means any building, complex of

  • Business Unit means the assets constituting the business or a division or operating unit thereof of any Person.

  • Business Line is an Embarq-owned switched access line used to serve a business customer, whether by Embarq or by a competitive LEC that leases the line from Embarq. The number of Business Lines in a Wire Center shall equal the sum of all Embarq business switched access lines, plus the sum of all UNE loops connected to that Wire Center, including UNE loops provisioned in combination with other unbundled elements. Among these requirements, Business Line tallies (1) shall include only those access lines connecting end-user customers with Embarq end-offices for switched services, (2) shall not include non-switched special access lines, (3) shall account for ISDN and other digital access lines by counting each 64 kbps-equivalent as one line. For example, a DS1 line corresponds to twenty-four (24) 64 kbps-equivalents, and therefore to twenty-four (24) “Business Lines.”

  • Digital asset means an electronic record in which an individual has a right or interest. The term does not include an underlying asset or liability unless the asset or liability is itself an electronic record.

  • operating site means a site, other than an aerodrome, selected by the operator or pilot-in-command or commander for landing, take-off and/or external load operations;

  • Principally Above Ground means that at least 51% of the actual cash value of the structure is above ground.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • Cannabis testing facility means an entity registered by

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

  • Asset Test means, for an Asset Review, each Test, as defined in the Asset Representations Review Agreement, in Schedule A to the Asset Representations Review Agreement to be performed by the Asset Representations Reviewer on the related Asset Review Receivables.

  • Originating site means a site where a patient is located at the time health care services are provided via telecommunications system or where the asynchronous store and forward service originates.

  • Micro Business means a company which either:

  • Small wireless facility means a wireless facility that meets both of the following qualifications:

  • total system means the transmission system and the distribution system of the Board taken together;

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Field station means a facility where radioactive sources may be stored or used and from which equipment is dispatched to temporary jobsites.