Contingency Reserve Fund definition

Contingency Reserve Fund means the subfund of the Neighbours’ Fund that is comprised of a reserve of funds to pay for unexpected or unbudgeted repairs and expenses that require immediate action.

Contingency Reserve Fund means a fund for common expenses that usually occur less often than once a year or that do not usually occur, as set out in section 92 (b);

Contingency Reserve Fund means a fund for Common Expenses which occur less often than once a year;

Examples of Contingency Reserve Fund in a sentence

• The Health Care Contingency Reserve Fund shall continue in existence on an indefinite basis.

• Expenses directly associated with the administration of the Health Care Contingency Reserve Fund shall be borne by the Employer.

• The parties have mutually established a fund to be known as the Health Care Contingency Reserve Fund (HCCRF).

• All funds unused on this project will be returned to the Contingency Reserve Fund.

• Any portion of an apportionment that remains unobligated at the expiration of this three-year period is lost to the State and shall revert to the Secretary’s Contingency Reserve Fund for redistribution on the basis of need as determined by the Secretary; the exception is those supplemental funds distributed to the State pursuant to the Gulf of Mexico Energy Security Act, Public Law 109-432, which remain available until expended.

More Definitions of Contingency Reserve Fund

Contingency Reserve Fund means that certain account which may be established from time to time by the Tribe with the Cottonport Bank as the Contingency Reserve Fund pursuant to Section 5.10.4 of the Management Contract.

Contingency Reserve Fund means a fund for common expenses that usually occur less often than once a year or that do not usually occur, as set out in section 92(b) of the Act.

Contingency Reserve Fund is a reserve fund supported proportionately with contributions by the service partners, i.e., the “Contingency Reserve Charge,” in order to fund unanticipated increases in transit service expenses such as fuel costs. The overall Contingency Reserve goal shall be $2 million to be built up over a period of four years by all of the service partners. The Contingency Reserve Fund will be segregated by PARTNER with a separate Contingency Reserve Account for each contracted service PARTNER.

Contingency Reserve Fund means a fund established in accordance with the provisions of the Act, to be used for major repairs and replacements of any portions of the Units for which the Strata Corporation is responsible, any real property of the Strata Corporation and the Common Property;

Contingency Reserve Fund means a fund for common expenses that usually occur less often than once a year or that does not usually occur;

Contingency Reserve Fund means a fund for the expenditures, other than annual, of the strata corporation for repair, maintenance and replacement of the common property, common facilities and other assets of the strata corporation, including if applicable, without limiting this definition, the roof, exterior of the buildings, roads, sidewalks, sewers, heating, electrical and plumbing systems, elevators, laundry and recreational facilities;

Contingency Reserve Fund means a separate fund