Reserve. The Company shall have reserved sufficient shares of its Common Stock for the Investor, pursuant to the terms of this Agreement and all other contracts between the Company and Investor.
Reserve. For each stock held by the Sector, the quota release program will utilize an initial target trajectory that is not to exceed 90% of the current quota held by the Sector as adjusted by ACE transfers. The remaining 10% is the minimum aggregate total of the RESERVE buffer system. The Sector, through their Board, may alter the RESERVE holdback percentages for any or all stocks held by the Sector to prevent under harvest of the Sector’s ACE.
Reserve. If Stripe establishes a Reserve, Stripe will hold the funds in a bank account in Stripe’s name, and notify you of the Reserve terms. If Stripe uses Safeguarded Funds to fund a Reserve, then Stripe will no longer safeguard those funds on your behalf. Stripe may change the Reserve terms (a) if Stripe believes that there is, or is likely to be, a change in the underlying risk presented by the User Group’s use of Stripe services; or
Reserve. Notwithstanding anything to the contrary in Section 8.4, the liquidator may retain such amount as it deems necessary as a reserve for any contingent, conditional or unmatured liabilities or obligations of the Company, which reserve, after the passage of a reasonable period of time as determined by the liquidator, shall be distributed in accordance with this Article VIII.
Reserve. (a) Tenant, or Operator at Tenant's direction, shall establish an interest bearing reserve account (the "Reserve") in CNLBank or such other bank designated by Tenant, or Operator at the direction of Tenant, and reasonably approved by Landlord. All interest earned on the Reserve shall be added to and remain a part of the Reserve. Except as set forth in Section 5.1.2(e), Tenant, or Operator if so required by the Operating Agreement or designated by Tenant, shall be the only party entitled to withdraw funds from the Reserve. The purpose of the Reserve is to cover the cost of:
(i) Replacements and renewals to the Facility's FF&E; and
(ii) Certain routine repairs and maintenance to the Facility building (which are normally capitalized under GAAP) such as exterior and interior repainting, resurfacing building walls, floors, roofs and parking areas, and replacing folding walls and the like, but which are not Capital Expenditures.
(b) Commencing with the Commencement Date and continuing throughout the Term, Tenant shall transfer, or shall direct Operator to transfer (as of the end of each Accounting Period of the Term), into the Reserve an amount equal to the Applicable Percentage of Total Facility Revenues for such Accounting Period.
(c) Tenant, or Operator at the direction of Tenant, shall (endeavoring in good faith to comply with the applicable Reserve Estimate, unless there has been a change in circumstance from time to time) make such expenditures for the replacements, renewals, repairs, and maintenance described in this Section 5.1.2, as Tenant, or Operator if the Operating Agreement is in effect, deems necessary, up to the balance in the Reserve in order to maintain the Retirement Community consistent with (i) industry standards if the Operating Agreement is not in effect or (ii) the standards required by the Operating Agreement if the Operating Agreement is in effect, and in conformity with Legal Requirements. No expenditures will be made in excess of said balance without the approval of Landlord. In addition, Tenant, or Operator at the direction of Tenant, shall not, without Landlord's approval, make any expenditures from the Reserve that, in the aggregate, exceed the total aggregate amount of expenditures set forth in the then-applicable Reserve Estimate; provided, however, that Tenant, or Operator at the direction of Tenant, shall be authorized to take appropriate remedial action (including making any necessary expenditures from the Reserve above the to...
Reserve. Notwithstanding the provisions of Sections 10.3 and 10.4, the General Partner may retain such amount as it deems necessary as a reserve for any contingent liabilities or obligations of the Partnership, which reserve, after the passage of a reasonable period of time, shall be distributed pursuant to the provisions of this Article X.
Reserve. Before payment of any dividend, there may be set aside out of any funds of the corporation available for dividends such sum or sums as the Board of Directors from time to time, in their absolute discretion, think proper as a reserve or reserves to meet contingencies, or for equalizing dividends, or for repairing or maintaining any property of the corporation, or for such other purpose as the Board of Directors shall think conducive to the interest of the corporation, and the Board of Directors may modify or abolish any such reserve in the manner in which it was created.
Reserve. The Canadian Union of Public Employees, Local 23, and the Burnaby Firefighters' Union, Local 323, acknowledge that they have no claim(s) against any of the reserves held by the Corporation of the District of Burnaby.
Reserve. For each stock held by the Sector, the quota release program will utilize an initial target 31 trajectory that is not to exceed 90% of the current quota held by the Sector as adjusted by ACE 32 transfers. The remaining 10% is the minimum aggregate total of the Reserve which will be set aside 33 prior to Harvest Share distribution to Members. The Sector, through their Board, may modify the 34 RESERVE holdback percentages for any or all stocks held by the Sector to prevent under or over 35 harvest of the Sector’s ACE. Specifications in this section for FY 2016 will be documented in Exhibit I 36 in accordance with NMFS guidance and schedule pertaining to bi‐annual operation plan 37 submissions.
Reserve. The Reserve is a book balance maintained on the records of Lender and shall not be a segregated fund and is not the property of Borrower.
