Written Off definition

Written Off in relation to a Vehicle means, without limitation, that the Owner, insurer or financier of the Vehicle has decided that the Vehicle has been so severely damaged that it is no longer economic to repair.
Written Off in relation to your Vehicle, means your insurance company or a qualified vehicle assessor has assessed the Vehicle to be a total loss, or assessed it to be uneconomical or unsafe to repair.
Written Off means written off, extinguished or discharged.

Examples of Written Off in a sentence

  • Atmos Energy shall file annual reports with the Commission, providing by month the following amounts: Gas Cost Written Off.

  • Margin Written Off, Tax and Other Written Off, Total Written Off, Gas Cost Collected and Margin Collected.

  • Approval of Health Department Delinquent Accounts to be Written Off and/or Turned Over to Collectors.

  • In order to provide further assurance of the validity of the accounting information of the debtors accounts, an independent reconciliation between approved adjustments and actual adjustment should be performed every time after approval and processing of Bad Debts Written Off journal entries.

  • Charge-offs or specific reserves for reportable claims taken partially or entirely during the reporting period should be totaled and reported in the row titled “Assets Written Off This Quarter” (row 8200-9) only in the quarter they are established.

  • Net Worth shall mean (Subscribed and Paid-up Equity + Reserves) less (Revaluation Reserves + Miscellaneous Expenditure Not Written Off + Reserves not available for distribution to equity shareholders).

  • If Conversion has not been effected within 5 Business Days after the relevant Trigger Event Conversion Date for any reason (including an Inability Event), Conversion of those Notes on account of the Trigger Event will not occur and those Notes shall be Written Off in accordance with clause 6.12 and the provisions of clauses 4.8(b), 4.8(c) and 4.8(d) shall apply in respect of that Write Off and those Notes as if each reference in those clauses to “Conversion” or “Convert” were a reference to “Write Off”.

  • Where Conversion is not effected within five Business Days after the Trigger Event Conversion Date for any reason (including an Inability Event), the Notes will be Written Off.

  • However, if the Notes are not Converted for any reason (including an Inability Event) into Ordinary Shares within 5 Business Days after a Trigger Event Conversion Date, the Notes will be Written Off, meaning the Notes will never Convert or be Exchanged, all rights (including to Distributions) in respect of the Notes will be terminated and the Holder will not have their capital repaid.

  • Margin Written Off, Tax and Other Written Off, Total Written Off, Gas Cost Collected and Margin Collected.#TXS = Any statutorily imposed assessments or taxes applicable to the purchase of gas divided by the estimated total residential, commercial, and industrial sales.


More Definitions of Written Off

Written Off shall have a corresponding meaning); and
Written Off means that, in respect of a Security or portion thereof, the rights of the relevant holder of the Security or portion thereof (including to payment of any Principal Amount, interest with respect to such Principal Amount and to be issued with MGL Ordinary Shares) in relation to such Security or portion thereof are immediately and irrevocably terminated for no consideration with effect on and from the Exchange Date; and “Write-Off” and “Writing- Off” have corresponding meanings.
Written Off means determined or deemed to be uncollectible by the Company.
Written Off means that, in respect of a Subordinated Note or portion thereof, the rights of the relevant holders of that Subordinated Note or portion thereof (including to payment of interest with respect to such Principal Amount, both in the future and as accrued but unpaid and to be issued with MGL Ordinary Shares) in relation to that Subordinated Note or portion thereof are immediately and irrevocably terminated for no consideration with effect on and from the Non-Viability Date, and “Write-Off” and “Writing-Off” have corresponding meanings. Exchange Mechanics
Written Off means that, in respect of a Note and a Conversion Date:
Written Off has the meaning given in clause 6.12 and Write Off has a corresponding meaning. SCHEDULE 2

Related to Written Off

  • Underwritten Offering means a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

  • Piggy-Back Registration is defined in Section 2.2.1.

  • Shelf Takedown means an Underwritten Shelf Takedown or any proposed transfer or sale using a Registration Statement, including a Piggyback Registration.