Distribution Surplus definition

Distribution Surplus means The Company’s distribution surplus calculated pursuant to the Japan Companies Act and the relevant Ordinance of the Ministry of Justice of Japan based on the surplus (joyo kin) recorded in our Company’s non-consolidated financial statement prepared in accordance with JGAAP with certain adjustments; and
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Examples of Distribution Surplus in a sentence

  • Upon receipt by a Debentureholder of amounts that discharge in full all of the Obligations in respect of the Debentures held by it (including upon payment of Distribution Surplus in accordance with the Distribution Mechanism upon Project Completion), that Debentureholder shall surrender such Debentures in the form and manner advised to the Debentureholder by the Issuer.

  • Debentures issued in dematerialised form shall be cancelled by the Issuer on discharge of the entire Obligations in respect of the Debentures (including upon payment of Distribution Surplus in accordance with the Distribution Mechanism upon Project Completion).

Related to Distribution Surplus

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

  • 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.

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Distribution Amount has the meaning set forth in Section 8.05(a).