Financial Equilibrium definition

Financial Equilibrium means the situation where the Net Cash Balance at the end of year n is positive or equal to zero. For the purpose of this definition, “Net Cash Balance” at the end of year n means the net cash balance at the beginning of year n, plus the Net Cash Flow (positive or negative) for year n; and “Net Cash Flow” for year n means the sum of the net operating cash flow, plus any additional external financing (grants, subsidies, increases in equity capital and drawings under loans of more than one year) received during year n, less the Variation in Net Working Capital Requirements, the repayments of loans of more than one year, and the investments for that year; and “Variation in Net Working Capital Requirements” means the variation of current assets excluding cash minus the variation in current liabilities for year n.
Sample 1Sample 2Sample 3
Financial Equilibrium means ONEA’s capacity to meet all financial obligations in accordance with their terms, including debt service payments on old and new debt service payments, counterpart funds on the investments partly funded by donors, investments financed out of its own resources, payment of all duties, taxes, and suppliers, referred to in paragraph 1 of Schedule 3 to this Agreement;
Sample 1Sample 2

Examples of Financial Equilibrium in a sentence

  • The Recipient shall take all necessary measures, including any necessary water supply tariffs revisions, to allow the Project Implementing Entity to restore no later than December 31, 2012 and thereafter maintain Financial Equilibrium in the urban water sub-sector.

  • Chapter III of the Law on Financial Equilibrium of the Public Sector, February 1984.

  • In 2002 the deficit was reduced somewhat to 5.3%, due to the Financial Equilibrium and Social Protection Law which was introduced in May 2002.On 2 April 2003, the Congress adopted a new tax law, Ley de Equidad Tributaria, which intends to further increase the tax revenues of the government.

  • Siconolfi (1990) : The Structure of Financial Equilibrium with Exogenous Yields: The Case of Restricted Participation; Journal of Mathematical Economics 19, 195-216.Bikhchandani, S., D.

  • Thus, the bill should contain a provision to the effect that the central government must provide an increase in the Financial Equilibrium Fund or the creation of new, specific transfers with the sufficient means in such situations.

  • Whilst there is a commitment in the authority to open and honest communication both internally and externally, the desired impact is not necessarily being achieved.

  • Assessing Our Progress: Continuous ImprovementPage 38Appendices Page 39APPENDIX A: Facilities Projects Undertaken during The Plan For Mount Holyoke 2003APPENDIX B: Future Facilities Projects APPENDIX C: Maintaining Financial Equilibrium APPENDIX D: Financial ProjectionsAPPENDIX E: Student Enrollment: Progress and Challenges APPENDIX F: Assessment ChecklistAPPENDIX G: List of Background Reports and Documents A synopsis of The Plan for Mount Holyoke 2010 has been published separately.

  • The Costa Rican Drug Institute shall not be subject to the following legislation:(a) Law No. 6821, of 19 October 1982, establishing the Budgetary Authority and its regulatory provisions;(b) Law No. 6955, of 24 February 1984, on the Financial Equilibrium of the Public Sector.Article 156.

  • Birla Cement Works was started in 1966 in the form of Birla Jute Manufacturing Company Limited a unit of Birla Group.

  • The Public Budget Financial Equilibrium Act 2011 introduced a new fiscal regulation for 2011, which states that a surplus equal to 2% of annual GDP must be generated during the first quarter.Throughout 2010, the authorities carried out public debt administration operations designed to reduce the total and to improve its debt maturity profile and amortization schedule.

Related to Financial Equilibrium

  • Financial exigency means a condition that requires the bona fide discontinuance or reduction in size of an administrative unit, project, program or curriculum due to the lack of funds available and sufficient to meet current or projected expenditures.

  • Carbon dioxide equivalent or “CO2 equivalent” or “CO2e” means the number of metric tons of CO2 emissions with the same global warming potential as one metric ton of another greenhouse gas. Global warming potential values shall be determined consistent with the definition of Carbon Dioxide Equivalent in MRR section 95102(a).

  • Financial exploitation means a breach of a fiduciary duty by an actor’s unauthorized expenditure of funds entrusted to the actor for the benefit of the vulnerable adult or by an actor’s failure to provide food, clothing, shelter, health care, therapeutic conduct or supervision, the failure of which results or is likely to result in detriment to the vulnerable adult. Financial exploitation also includes: the willful use, withholding or disposal of funds or property of a vulnerable adult; the obtaining of services for wrongful profit or advantage which results in detriment to the vulnerable adult; the acquisition of a vulnerable adult’s funds or property through undue influence, harassment, duress, deception or fraud; and the use of force, coercion, or enticement to cause a vulnerable adult to perform services against the vulnerable adult’s will for the profit or advantage of another.

  • Financial Reporting Measure means any measure determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures derived wholly or in part from such measures, including GAAP, IFRS and non-GAAP/IFRS financial measures, as well as stock or share price and total equityholder return.

  • Financial Reporting Measures means measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and all other measures that are derived wholly or in part from such measures. Stock price and total shareholder return (and any measures that are derived wholly or in part from stock price or total shareholder return) shall, for purposes of this Policy, be considered Financial Reporting Measures. For the avoidance of doubt, a Financial Reporting Measure need not be presented in the Company’s financial statements or included in a filing with the SEC.

  • Discounted present value means the present value of future payments determined by discounting the payments to the present using the most recently published applicable federal rate for determining the present value of an annuity, as issued by the internal revenue service.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “Floating Interest Period”, timing and frequency of determining Three-Month Term SOFR with respect to each Floating Interest Period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Company decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Company decides that adoption of any portion of such market practice is not administratively feasible or if the Company determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Company determines is reasonably necessary).

  • average consumption means the average consumption of a customer of a municipal service during a specific period, and is calculated by dividing the total measured consumption of that municipal service by that customer over the preceding three months by three;

  • Total Open-End Mutual Fund Average Net Assets means the average of all of the determinations of the aggregate net assets of all open-end funds sponsored by Xxxxxx Management (excluding the net assets of such funds investing in, or invested in by, other such funds, such as Xxxxxx RetirementReady® Funds and Xxxxxx Money Market Liquidity Fund, to the extent necessary to avoid "double-counting" of such net assets) at the close of business on each business day during each month while the Management Contract is in effect.

  • Residual disinfectant concentration means the concentration of disinfectant measured in mg/L in a representative sample of water.

  • Economic Life means the number of years a property improvement is expected to be in service in a facility.

  • Eurobond Basis has the meaning given in Condition 5.10 (Definitions);

  • Actual weight means the actual unladen weight of a vehicle or combination of

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

  • Financial Bid means that part of the offer, that provides price schedule, total project costs etc.

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Gross laden weight means the actual weight of a vehicle or combination of

  • Smoker and nonsmoker mortality tables means mortality tables with separate rates of mortality for smokers and nonsmokers.

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Proportional Multi-Driver Project: “Proportional Multi-Driver Project” shall have the same meaning provided in the Operating Agreement. Pseudo-Tie:

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Concentration Reserve Percentage means, at any time of determination, the largest of: (a) the sum of the five (5) largest Obligor Percentages of the Group D Obligors, (b) the sum of the three (3) largest Obligor Percentages of the Group C Obligors, (c) the sum of the two (2) largest Obligor Percentages of the Group B Obligors and (d) the largest Obligor Percentage of the Group A Obligors.

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Applicable Mortality Table means the 1983 Group Annuity Mortality Table; and

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.