Capital Replacement Account definition

Capital Replacement Account has the meaning set forth in Section 2.1(c).
Sample 1Sample 2Sample 3
Capital Replacement Account means the account opened or to be opened by a Group of Producers for the purposes referred to in Section 3.03 of this Agreement; and
Sample 1Sample 2
Capital Replacement Account is defined in Section 11.5. “City” shall mean the City of Alameda.
Sample 1

Examples of Capital Replacement Account in a sentence

  • Insufficient funds exist in the City’s WWTP Capital Replacement Account to pay for said 5 replacement, rehabilitation or improvement work.

  • Funding for the project is to be from the Town’s Vehicle Capital Replacement Account.

  • Further, the Howell-Marion Township 6 WTC does not address the allocation of costs between the parties for funding of major 7 replacement, rehabilitation or non-capacity-related improvement work if sufficient funds 8 do not exist in Howell’s WWTP Capital Replacement Account.

  • At year end any excess funds that were not used may be transferred to the District’s Capital Replacement Account Bond Fund and/or Remaining Revenue Account Bond Fund, as required by a bond covenant.

  • At year end any excess funds that were not used are transfer to the District’s Capital Replacement Account Bond Fund and/or Remaining Revenue Account Bond Fund, as required by a bond covenant.

  • The pump, the power generation system, the rising main, each storage tank, each distribution pipe, and each distribution point all constitute examples of what is considered “single pieces ofequipment”. Any maintenance required for a single piece of equipment that exceeds the pre-determined threshold would come from the Capital Replacement Account with approval from the Village Water Committee and RUWASA District Water Manager.

  • Executive Director Ray Gagnon led a presentation by District staff of the FY2020 Capital Budget, Capital Five Year Improvement Plan and the long-term outlook for the Depreciation and Capital Replacement Account.

  • Based on this, if wastewater to be treated in 200 villages, total annual pollution reduction would be for CODcr 1267.2 tons, BOD 518.6 tons, NH3-N 28.6 tons and TP 22.9 tons.

  • Executive Director Ray Gagnon led a presentation by District staff of the FY2022 Operations Budget, the long-term outlook for the Depreciation and Capital Replacement Account, and the Rates and Charges.

  • The proposed structure is relatively modest in the context of the scale of the existing house and the 3.1-hectare site size.


More Definitions of Capital Replacement Account

Capital Replacement Account has the meaning set forth in Section 2.1(c). "Cash Adjustment" has the meaning set forth in Section 20.1(d). "Charge" has the meaning set forth in Article 11 hereof. "Code" means the Internal Revenue Code of 1986, as amended. "Commencement Date" has the meaning set forth in Article 1. "Condemnation" means the transfer of all or any part of the Leased Property as a result of (i) the exercise of any governmental power, whether by legal proceedings or otherwise, by a Condemnor or (ii) a voluntary sale or transfer by Lessor to any Condemnor, either under threat of condemnation or while legal proceedings for condemnation are pending. "Condemnor" means any public or quasi-public authority, or private corporation or individual, having the power of Condemnation. "Consolidated Financial Statements" means for any fiscal year or other accounting period for Lessee and its respective consolidated Affiliates, audited statements of earnings and retained earnings and of changes in financial position for such period and for the period from the beginning of the respective fiscal year of Lessee to the end of such period and the related balance sheet as at the end of such period, together with the notes thereto, all in reasonable detail and setting forth in comparative form the corresponding figures for the corresponding period in the preceding fiscal year of Lessee, and prepared in accordance with generally accepted accounting principles consistently applied, except as noted.
Sample 1

Related to Capital Replacement Account

  • Capital Replacement means the replacement of those items listed on Exhibit F.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Replacement Reserve Fund shall have the meaning set forth in Section 7.3.1 hereof.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Approved Deposit Account means a Deposit Account maintained by any Loan Party that is the subject of an effective Deposit Account Control Agreement. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Investment Account As defined in Section 3.12(a).

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Replacement Reserve As defined in Section 9.5.1.

  • Qualifying Replacement Capital Covenant has the meaning specified in the Replacement Capital Covenant.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Expense Account The account established pursuant to Section 10.3(c).

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.