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Common use of Reserve Funds Clause in Contracts

Reserve Funds. The Authority will establish the following for each transit system to record the contributions that have been received but not yet earned as follows:

Appears in 25 contracts

Sources: Annual Operating Agreement, Annual Operating Agreement, Annual Operating Agreement

Related Clauses

  • Reserve Fund
  • Reserve Accounts
  • Reserve Account
  • Replacement Reserve Fund
  • Interest Reserve Account

Parent Clauses

  • Loan Security and Guaranty
  • Adjustable Rate Mortgage - Third Party Cap Agreement
  • Loan
  • Reserve Funds
  • Miscellaneous

Sub-Clauses

  • Reserve Funds, Generally
  • Tax and Insurance Escrow Fund
  • Replacement Reserve Fund
  • Disbursements from Replacement Reserve Account
  • Replacements and Replacement Reserve
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