Alternative funding method definition

Alternative funding method means a method approved by
Alternative funding method means a method approved by the division for funding the capital expenditures and deferred maintenance obligations for a multicondominium association operating at least 25 condominiums which may reasonably be expected to fully satisfy the association’s reserve funding obligations by the allocation of funds in the annual operating budget.
Alternative funding method means a method for the

More Definitions of Alternative funding method

Alternative funding method means a method approved by the division for funding the capital ex- penditures and deferred maintenance obligations for a multicondominium association operating at least 25 condominiums which may reasonably be expected to

Related to Alternative funding method

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;