Net Capital definition

Net Capital means, at any time, "net capital" computed in accordance with Rule 15c3-1.
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Net Capital means “net capital” as that term is defined in the Net Capital Rule.
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Net Capital as used in this rule, shall mean the difference between total assets and total indebtedness, as determined by generally accepted accounting principles, consistently applied, and thereafter adjusted pursuant to paragraph (K)(2) of this rule.
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Examples of Net Capital in a sentence

  • The Borrower will not permit the Broker Subsidiary to allow any month-end Net Capital Ratio to be less than 5%.

  • Net Capital Appreciation and Net Capital Depreciation of the Company during the Fiscal Periods which include the period of liquidation shall be allocated pursuant to Article III.

  • Subject to the provisions of Sections 5.3, 5.4, 8.6(b), 11.6(d) and 13.2, the General Partner shall cause the Partnership to distribute to the Partners as of the applicable Partnership Record Date, at such times as the General Partner shall determine, amounts of Available Operating Cash, Net Sales Proceeds and Net Capital Event Proceeds in the manner set forth in this Section 5.1.

  • The Broker/Dealer operates under paragraph (a)(1)(ii) of the Rule for the computation of its Net Capital.

  • It is specifically recognized that in making a forty percent (40%) assumption regarding tax distributions on ordinary income and twenty percent (20%) on Net Capital Gains, some Members may receive a distribution that is in excess of their actual tax liabilities, and some Members may receive a distribution that is less.


More Definitions of Net Capital

Net Capital as defined in paragraph (c)(2) of Rule 15c3-1 of the Exchange Act.
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Net Capital of any Person means the net capital as shown on line 3750 of the FOCUS-II Report for such Person.
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Net Capital means liquid capital deducted by risk haircuts;
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Net Capital as defined in Rule 15c3-1, including the appendices thereto, as promulgated by the SEC under the Act (17 CFR 240.15c3-1), as such rule may be amended from time to time, or any rule or regulation of the SEC which replaces Rule 15c3-1.
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Net Capital of any Person means the net capital as shown on line 3750 of the FOCUS- II Report for such Person.
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Net Capital has the meaning set forth in Rule 15c3-1(c) of the General Rules and Regulations under the Exchange Act.
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Net Capital means the Tier 1 capital figure reported in the quarterly BSL/2 prudential return;
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