Invested Assets Sample Clauses

Invested Assets. Invested Assets" shall mean the Book Value of all the Real Estate Investments of the Trust.
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Invested Assets. The Guarantor shall not permit Invested Assets of the Guarantor and its Primary Insurance Subsidiaries consisting of notes, bonds and other obligations classified as bonds which bear NAIC Ratings from three to six, both inclusive, to exceed 5.5% of Net Invested Assets.
Sample 1
Invested Assets. U.S. Government securities, with a carrying value of $401,343 and $401,670 at December 31, 2008 and 2007, respectively, were on deposit with government agencies as prescribed by law in the State of Michigan. The cost/amortized cost and estimated fair values of investment securities at December 31, 2008, are as follows: Cost/ Unrealized Unrealized NAIC Amortized Cost Gains Losses Fair Value Bonds: U.S. Treasury securities and obligations of U.S. Government corporations and agencies $ 1,083,531 $ 83,286 $ — $ 1,166,817 States and political subdivisions 10,178,185 149,961 148,703 10,179,443 Special revenue 15,590,201 294,100 337,223 15,547,078 Public utility 796,933 10,965 4,139 803,759 Industrial and miscellaneous 19,759,849 349,816 1,202,087 18,907,578 Total fixed maturities 47,408,699 888,128 1,692,152 46,604,675 Common stocks 7,015,828 135,638 1,407,999 5,743,467 Total $ 54,424,527 $ 1,023,766 $ 3,100,151 $ 52,348,142 The cost/amortized cost and estimated fair values of investment securities at December 31, 2007, are as follows: Cost/ Unrealized Unrealized NAIC Amortized Cost Gains Losses Fair Value Bonds: U.S. Treasury securities and obligations of U.S. Government corporations and agencies $ 1,029,362 $ 12,362 $ 6,843 $ 1,034,881 States and political subdivisions 8,291,619 57,659 15,908 8,333,370 Special revenue 16,269,378 118,200 33,651 16,353,927 Public utility 797,443 11,086 894 807,635 Industrial and miscellaneous 23,609,474 261,881 130,115 23,741,240 Total fixed maturities 49,997,276 461,188 187,411 50,271,053 Common stock — mutual fund 5,229,209 893,942 80,682 6,042,469 Total $ 55,226,485 $ 1,355,130 $ 268,093 $ 56,313,522 At December 31, 2008, the Company has one bond with a market value of $25,000 and an amortized cost of $33,125 with NAIC ratings of three or higher, which are carried at the lower of cost or market, which were not considered to be other-than-temporarily impaired, resulting in a reduction to the carrying value of fixed maturities of $8,125 and is reflected in surplus as unrealized loss, net of tax. Maturities of fixed maturity investment securities as of December 31, 2008, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized NAIC Cost Fair Value Due in one year or less $ 2,348,992 $ 2,348,724 Due after one year through five years 22,168,408 21,985,905 Due after five years through ten yea...
Sample 1
Invested Assets. The Borrower will maintain 100% of its invested assets in instruments having a rating from Xxxxx'x Investors Service or Standard & Poors Ratings Group of investment grade or higher.
Sample 1
Invested Assets. 9.9.1 Seven days before Completion the Seller shall provide the Buyer with a list of the Invested Assets in which the Target Subsidiary has a beneficial interest. The list shall include details of the issuer, the relevant security, its CUSIP, its nominal value, its credit ratings by the Credit Raters as at the date of the list, and such other information as the Seller shall reasonably require.
Sample 1
Invested Assets. Investment Manager agrees to provide continuous investment management services with respect to assets placed with Investment Manager by Client. Such assets, as changed by investment, reinvestment, additions, disbursements and withdrawals, are referred to in this Agreement as the “Invested Assets.”
Sample 1

Related to Invested Assets

  • Average Invested Assets For a specified period, the average of the aggregate book value of the assets of the Company invested, directly or indirectly, in Investments before deducting depreciation, bad debts or other non-cash reserves, computed by taking the average of such values at the end of each month during such period.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Contributed Assets In accordance with Section 704(c) of the Code, income, gain, loss and deduction with respect to any property contributed to the Company with an adjusted basis for federal income tax purposes different from the initial Asset Value at which such property was accepted by the Company shall, solely for tax purposes, be allocated among the Members so as to take into account such difference in the manner required by Section 704(c) of the Code and the applicable Regulations.

  • Remaining Assets All remaining assets of the Company shall be distributed to the Holders in accordance with Section 4.2(b) by the end of the Taxable Year of the Company during which the liquidation of the Company occurs (or, if later, 90 days after the date of the liquidation). All distributions in kind to the Holders shall be made subject to the liability of each distributee for costs, expenses and liabilities theretofore incurred or for which the Company has committed prior to the date of termination, and those costs, expenses and liabilities shall be allocated to the distributees pursuant to this Section 11.2. The distribution of cash and/or property to a Holder in accordance with the provisions of this Section 11.2 constitutes a complete return to the Holder of its Capital Contributions and a complete distribution to the Holder of its interest in the Company and all of the Company’s property and constitutes a compromise to which all Members have consented within the meaning of the Act. To the extent that a Holder returns funds to the Company, it has no claim against any other Holder for those funds.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Transferred Assets (a) As of the Effective Time (as defined in Section 2.1) and upon the terms and conditions set forth herein, Seller will sell, assign, transfer, convey and deliver to Purchaser, and Purchaser will purchase from Seller, all of the transferable rights, title and interests of Seller in the following assets associated with the Banking Centers and identified in this Agreement and the Schedules and Exhibits hereto, and not otherwise excluded pursuant to the provisions of Subsection 1.1(b):

  • Capital Contributions; Percentage Interest The Members shall make contributions to the Company in an amount approved by the Members. No Member shall be required or permitted to make any additional contributions without the consent of all of the Members. The percentage interest of each Member in the Company shall be as set forth in the books and records of the Company, as amended from time to time by Managing Member consent.

  • Assets Properties, Mortgages and other direct or indirect investments in equity interests in, or loans secured by, Real Property (other than investments in bank accounts, money market funds or other current assets, whether of the proceeds from an Offering or the sale of an Asset or otherwise) owned by the Company, directly or indirectly through one or more of its Affiliates.

  • Retained Assets (a) Notwithstanding Section 2.1(a), all of Seller's right, title and interest in the following properties, assets and rights shall be excluded from the Assets (collectively, the "Retained Assets"):

  • Negative Capital Accounts No Member shall be required to pay to any other Member or the Company any deficit or negative balance which may exist from time to time in such Member’s Capital Account (including upon and after dissolution of the Company).

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