Administrative Reserve means a Cash reserve from the Available Cash, in an amount to be adjusted from time to time as agreed by the Monitor and the Participating CCAA Parties, at least three (3) Business Days prior to a Distribution Date, to be reserved by the Monitor on an accounting basis, for the purpose of paying the Administrative Reserve Costs, from time to time. If no objection is received from the Participating CCAA Parties within three (3) Business Days following notification from the Monitor of the proposed Administrative Reserve amount, the Administrative Reserve amount proposed by the Monitor shall be deemed to be the agreed Administrative Reserve amount;

Administrative Reserve means a Cash reserve, in an amount to be agreed to by the Monitor, the Applicants and the Requisite Consenting Parties at least three (3) Business Days prior to the Implementation Date, or failing agreement, the amount ordered by the Court, to be deposited by the Applicants into the Administrative Reserve Account for the purpose of paying the Administrative Reserve Costs;

Administrative Reserve means a Cash reserve from the SLH Cash, Corbeil Cash and Sears Cash, as applicable in accordance with the Cost Allocation Methodology, in an amount to be adjusted from time to time as determined by the Monitor, and to be reserved by the Monitor on an accounting basis, for the purpose of paying the Administrative Reserve Amounts, from time to time;

Examples of Administrative Reserve in a sentence

A paying bank’s settlement with its Administrative Reserve Bank is deemed to be settlement with the Re- serve Bank from which the paying bank received the item.
A paying bank shall set- tle for an item under this subpart with its Administrative Reserve Bank, whether or not the paying bank re- ceived the item from that Reserve Bank.
A returning bank may send a returned check to any Reserve Bank (unless its Administrative Reserve Bank directs it to send the returned check to a specific Reserve Bank) in accordance with subpart C of part 229 of this chapter (Regulation CC), the Uniform Commercial Code, and the Re- serve Banks’ operating circulars.
The Administrative Reserve Bank of a (sending or correspondent) bank that settles for credit item originations may require the bank to prefund in accordance with Appendix C credit item originations that settle through the bank’s account, if the Administrative Reserve Bank has determined to monitor the bank’s account in real time.
On the day a paying bank re- ceives 2 a cash item from a Reserve Bank, it shall settle for the item such that the proceeds of the settlement are available to its Administrative Reserve Bank by the close of Fedwire on that day, or it shall return the item by the later of the close of its banking day or the close of Fedwire.

More Definitions of Administrative Reserve

Administrative Reserve means a reserve in the initial amount of not less than $275,000 as provided in Section 5.2 hereof, to fund post-confirmation costs and expenses.

Administrative Reserve means the reserve established pursuant to section 7.01 of the Plan for the payment of projected fees and expenses to be incurred by the Debtor or Plan Administrator, as the case may be, in prosecuting the Causes of Action, implementing and consummating the terms of the Plan, winding up the affairs of the Debtor andthe Retained Estate, and otherwise paying Administrative Claims and Fee Claims and completing the tasks necessary to close the Chapter 11 Case.

Administrative Reserve means a reserve in the initial amount of not less than $4,500,000 established by the Plan Administrator as provided in Section 5.7 hereof, to fund post-confirmation costs and expenses of the Plan Administrator.

Administrative Reserve means a Cash reserve in the amount set forth in the Plan Supplement, to be deposited by the Payless Canada Entities into the Administrative Reserve Account for the purpose of paying the Administrative Reserve Costs, which amounts will be subject to the Administration Charge, from and after the Implementation Date;