available surplus definition

available surplus means the available surplus computed under section 5;
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available surplus means available surplus determined in accordance with the Applicable Accounting Principles and the Applicable Insurance Law.
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available surplus means 50% of ‘A’ times ‘B’, where ‘A’ means the difference, if positive, between the Funded Ratio and the Maximum Funding Target for the relevant year, and ‘B’ means the Liabilities used in determining the Funded Ratio for the relevant year;
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More Definitions of available surplus

available surplus means the available surplus computed under Sec.5 ;
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available surplus means, with respect to any Payment Date, all amounts, if any, able to be released to Commercial Capital on a Payment Date from the surplus account for the CCAO Series 2 Trust Collateralized Bonds pursuant to Sections 9(xiii) and (xiv) of the Series 2 Supplement with respect to that Payment Date, other than amounts related to the Series 2 Excluded Assets, as that term is defined in the LLC Agreement.
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available surplus means in respect of any calendar year the amount by which Available Revenues retained as of December 31 of such year are greater than (i) the Projected Debt Service Deficiency, if any, for the next following calendar year and (ii) the Common Reserve Requirement as of such December 31;
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available surplus means (i) all amounts, if any, able to be released to MERIT from the surplus account for the Series 11 Bonds pursuant to Section 7(i) of the Series 11 Supplement and (ii) all amounts, if any, able to be withdrawn by MERIT from the surplus account for the Series 12-1 Bonds pursuant to Section 12.07(d) of the Base Indenture.
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available surplus means the portion of Pension Plan surplus, if any, determined pursuant to an Actuarial Valuation that is equal to the greater of A and B, reduced by C and increased by D, where: the Going Concern Surplus reduced by 5% of the Going- Concern Liabilities; the Solvency Surplus reduced by 5% of the Solvency Liabilities, the excess amount of the Going Concern Surplus that prevents CBC/RADIO-CANADA from making an eligible contribution to the Pension Plan pursuant to subsection 147.2 (2) of the ITA; FINAL the maximum amount that can be used by CBC/RADIO- CANADA to reduce its Pension Plan contributions, in accordance with Applicable Law,
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available surplus means that portion of the
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Related to available surplus

  • Distributable surplus means the Gains that has been realised on a marked to market basis and is carried forward to the balance sheet at market value, arising out of appreciation on investments which is readily available for distribution to the unit holders as Income.

  • Operating Surplus means, with respect to any period ending prior to the Liquidation Date, on a cumulative basis and without duplication,

  • Capital Surplus has the meaning assigned to such term in Section 6.3(a).

  • Common Surplus means the amount of all receipts or revenues, including assessments, rents, or profits, collected by a condominium association which exceeds common expenses.

  • Adjusted Operating Surplus means, with respect to any period, (a) Operating Surplus generated with respect to such period less (b) (i) the amount of any net increase in Working Capital Borrowings (or the Partnership’s proportionate share of any net increase in Working Capital Borrowings in the case of Subsidiaries that are not wholly owned) with respect to such period and (ii) the amount of any net decrease in cash reserves (or the Partnership’s proportionate share of any net decrease in cash reserves in the case of Subsidiaries that are not wholly owned) for Operating Expenditures with respect to such period not relating to an Operating Expenditure made with respect to such period, and plus (c) (i) the amount of any net decrease in Working Capital Borrowings (or the Partnership’s proportionate share of any net decrease in Working Capital Borrowings in the case of Subsidiaries that are not wholly owned) with respect to such period, (ii) the amount of any net decrease made in subsequent periods in cash reserves for Operating Expenditures initially established with respect to such period to the extent such decrease results in a reduction in Adjusted Operating Surplus in subsequent periods pursuant to clause (b)(ii) above and (iii) the amount of any net increase in cash reserves (or the Partnership’s proportionate share of any net increase in cash reserves in the case of Subsidiaries that are not wholly owned) for Operating Expenditures with respect to such period required by any debt instrument for the repayment of principal, interest or premium. Adjusted Operating Surplus does not include that portion of Operating Surplus included in clause (a)(i) of the definition of “Operating Surplus.”