Unrestricted surplus definition

Unrestricted surplus means the amount by which qualified assets exceed 110 percent of required liabilities.
Unrestricted surplus means the amount by which total admitted assets exceed one hundred twenty‑five percent of the insurer’s required liabilities.
Unrestricted surplus means the amount by which total admitted assets exceed one hundred twenty-five percent (125%) of the insurer's required liabilities; and

More Definitions of Unrestricted surplus

Unrestricted surplus means the amount by which total admitted assets exceed 125% of the insurer's required liabilities.
Unrestricted surplus means that portion of the Accumulated Surplus that has not been allocated by the Board for specific uses.
Unrestricted surplus means the portion of accumulated surplus built up in the District’s various operating funds that has not been designated for specific uses and is not tangible capital assets.
Unrestricted surplus means a surplus that is allowed by the Finance Committee to be carried to the next fiscal year.
Unrestricted surplus means the unrestricted portion of the Accumulated Surplus.

Related to Unrestricted surplus

  • Unrestricted Subsidiary means any Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of the Board of Directors, but only to the extent that such Subsidiary:

  • Unrestricted Cash The meaning of “Unrestricted Cash” or any comparable definition in the Underlying Instruments for each Loan, and in any case that “Unrestricted Cash” or such comparable definition is not defined in such Underlying Instruments, all cash available for use for general corporate purposes and not held in any reserve account or legally or contractually restricted for any particular purposes or subject to any lien (other than blanket liens permitted under or granted in accordance with such Underlying Instruments), as reflected on the most recent financial statements of the relevant Obligor that have been delivered to the Borrower.