Basic Capital definition

Basic Capital means paid-in capital stock (if a stock insurer) or

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Basic Capital means paid-in capital stock (if a stock insurer) or basic capital surplus (if a mutual, reciprocal or Lloyds insurer).

Basic Capital means the sum of the capital stock (Line 1(a)), contributed surplus (Line 1(b)), and statutory surplus (Line 2(h)) of Form 8, statutory statement of capital and surplus, plus adjustments, if applicable, made under Section 6D of the Act;

Examples of Basic Capital in a sentence

• The Board of Trustees and shareholders of EQK shall have approved the Merger Agreement and the transactions contemplated thereby (collectively, the "Merger-Related Transactions"), including, without limitation, the amendment and restatement of EQK's Amended and Restated Declaration of Trust, the execution of a new advisory agreement between EQK and Basic Capital Management, Inc., and the election of the new Board of Trustees.

• Calls for Capital Contributions shall be made on all of the Partners pro rata according to their respective Basic Capital Contributions.

• The undersigned acknowledges that is has received a copy of the Agreement and that, subject only to the payment in full to the Partnership of the Basic Capital Contribution stated below, the undersigned, from the date hereof, shall have all of the rights and obligations of a Limited Partner as that term is defined in the Agreement.

• Toretta ------------------------------ ----------------------------------- Basic Capital Contribution Paul A.

• The Agents further understand that Basic Capital Funds, an Ontario limited partnership, and ▇▇▇▇▇▇▇ ▇▇▇▇/▇▇▇▇▇▇▇ Inc., a Florida corporation, (collectively, the "PROMOTERS"), have taken the initiative in organizing the Company and its affairs for the purposes of the Offering.

• All notices, claims, certificates, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given if delivered personally or mailed (registered or certified mail, postage prepaid, return receipt requested) as follows: c/o Basic Capital Management, Inc.

• The Board of Trustees and shareholders of EQK shall have approved the Amended and Restated Agreement and Plan of Merger dated as of August 25, 1998 by and among the Purchaser, ART Newco, L.L.C. ("ART Newco"), Basic Capital Management, Inc., EQK and Lend Lease Portfolio Management, Inc.

• All funds advanced conditionally and interest earned thereon, not expended prior to December 31 in any year shall be retained by the City and shall be expended under the Basic Capital Grant in the following years.

• Calls for Capital Contributions shall be made on all of the Partners pro rata according to their respective Basic Capital contributions.

• Any interest earned shall not be deemed to be part of the maximum allocation as approved by the Minister nor part of the remaining balance to be contributed by the City and shall be applied and expended only to reduce the total cost on projects accepted by the Minister under the Basic Capital Grant.

More Definitions of Basic Capital

Basic Capital means the minimum amount of capital that the Fund should maintain in order to serve its purposes;