Surplus definition

Surplus means the number of votes by which the total number of votes for any candidate (whether first preference or transferred votes, or a combination of both) exceeds the quota; but references in these rules to the transfer of the surplus means the transfer (at a transfer value) of all transferable ballot documents from the candidate who has the surplus,
Surplus means the amount by which the emissions have fallen below the target for any target period;
Surplus means the amount paid for issued and outstanding common and preferred stock in excess of the stated par value, plus any amount of transferred undivided profits, and any additional amounts paid in or contributed to increase total capital.

Examples of Surplus in a sentence

  • Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (XXXXX) with a current A.M. Best’s rating of no less than A X.

  • While all states have pertinent regulations for admitted policies, there are also specified requirements for Surplus Lines policies.

  • Signature: Address for Notice: 000 Xxxxxxxxxxx Xxxxxxxxx, York, Xxxxxx Xxxxxx Island, Canada, C0A 1P0 Securities: Class and Type (Surplus Securities) Number Certificate(s) (if applicable) Common Shares 561,596 Performance Shares 3,000,000 FORM 5D ESCROW AGREEMENT Page 38 (as at June 14, 2010) Schedule “A” to Escrow Agreement Securityholder Name: Xxx Xxxxx Signature: Address for Notice: 000 X.

  • All Surplus Lines quotes and binders must contain a statement to that effect.

  • Surplus or emergency work may be performed by temporary employees hired for a period not to exceed ninety (90) calendar days or for the duration of the sickness or leave of absence of a member of the Bargaining Unit.


More Definitions of Surplus

Surplus. , in relation to a company, means the excess, if any, at the time of the determination, of total assets of the company over the sum of its total liabilities, as shown in the books of account plus its issued and outstanding share capital;
Surplus means an excess of the assets of a fund over its liabilities and reserves.
Surplus means that amount of monies in a trust account that is in excess of all costs, earned investment income, refunds, incurred losses and loss adjustment expenses and incurred but not reported reserves including the associated loss adjustment expenses attributed to the Commission net of any recoverable per occurrence or aggregate excess insurance or reinsurance for a particular year.
Surplus means the aggregate of the amount originally paid in as required by section 524.401, subsection 3, any amounts transferred to surplus pursuant to section 524.405 and any amounts subsequently designated as such by action of the board of directors of the state bank.
Surplus means the number by which the value of the votes, original and transferred, of any candidate exceeds the quota;
Surplus means the amount by which the event fee or advance exceeds actual expenses.
Surplus means the excess of assets over the sum of paid-in capital and liabilities. (b)