Distributable surplus definition
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.
Distributable surplus means the profits of the CIS after:
Distributable surplus means Income less (1) Expenditure; (2) the Retention; and (3) the Wembley Retention;
More Definitions of Distributable surplus
Distributable surplus means those funds to be dispersed by the Board through
Distributable surplus has the meaning given to it in the Investor Rights Agreement; "Distributions Committee" has the meaning given to it in the Investor Rights Agreement;
Distributable surplus means the Gains that has been realised on a marked to market basis and
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
Distributable surplus means those funds to be dispersed by the Board through the PGB
Distributable surplus has the meaning given to it in the Investor Rights Agreement;
Distributable surplus means Income less (1) Expenditure; (2) the Retention; and