Common use of Operating Reserve Account Clause in Contracts

Operating Reserve Account. The Sponsor shall fund an operating reserve account in accordance with Section 8308 of the UMRs and subject to the requirements thereof. The specific amount of the Operating Reserve Account shall be set forth in the Regulatory Agreement.

Appears in 4 contracts

Samples: Ahsc Program Terms and Conditions, Ahsc Program Terms and Conditions, Grant Agreement

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Operating Reserve Account. The Sponsor shall fund an operating reserve account in accordance with UMR Section 8308 of the UMRs and subject to the requirements thereof8308. The specific amount of the Operating Reserve Account shall be set forth in the Regulatory Agreementregulatory agreement.

Appears in 3 contracts

Samples: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions

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