Debt Retirement definition

Debt Retirement means all annual principal and interest requirements and obligations of the Approving Authority for the Wastewater Treatment Facilities.
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Debt Retirement means the retirement of certain indebtedness of the Company and its Subsidiaries existing as of the Closing Date.
Sample 1
Debt Retirement shall have the meaning provided in Section 5.06(a).
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Examples of Debt Retirement in a sentence

  • An operational600-Capital Outlay unit is identified as a permanent700-Capital Outlay operational entity, such as a school, 800-Other (Debt Retirement, Interest administration building, warehouse,on Debt, Dues and Fees) department, office, etc.

  • An operational500-Supplies & Materials unit is identified as a permanent600-Capital Outlay operational entity, such as a school,700-Capital Outlay administration building, warehouse, 800-Other (Debt Retirement, Interest department, office, etc.

  • It should be noted that this schedule does not list any charges or assessments that are required by law to be charged by a distributor and that are not subject to Board approval, such as the Debt Retirement Charge, charges for Ministry of Energy Conservation and Renewable Energy Program, the Provincial Benefit and any applicable taxes.

  • The first set of settlement statements pertains to the real-time market (“physical market”) settlement amounts and also other charges such as the Debt Retirement Charge (charge type 702, 752), Rural Rate Protection (charge types 703, 753), Transmission Services Charges (charge types 600, 601, 602, 603, 650, 651, 652, and 653), and the settlement of transmission rights purchased by TR participants (charge type 104).

  • The Debt Retirement Credit is not subject to HST as it is not a consideration for a supply.

  • All proceeds from taxes levied for the Debt Retirement Fund shall be deposited into the Debt Retirement Fund as collected.

  • The IESO will remit the amount collected to the Ontario Government (Debt Retirement Credit).HST TreatmentThe CRA has ruled that the Debt Retirement Charge forms part of the consideration for the supply of electricity, and would therefore be subject to HST according to the place of supply rules.

  • Debt Retirement FundThe Debt Retirement Fund is used to account for the accumulation of resources for, and the payment of, general long-term debt principal, interest, and related costs.

  • There are two charge types relating to these transactions:• Debt Retirement Charge (charge type 752); and• Debt Retirement Credit (charge type 702).The Debt Retirement Charge is a legislated charge, which is to pay off the stranded debt associated with Ontario Hydro.

  • Sinking Fund and Public Debt Retirement Fund investments are recorded at cost and consist primarily of debentures of the Province of Nova Scotia, other provincial governments and the Government of Canada.


More Definitions of Debt Retirement

Debt Retirement means all annual principal and interest requirements and obligations of the Sanitary District for the Sewerage System.
Sample 1
Debt Retirement has the meaning assigned to such term in Section 6.01(a)(ii)(C).
Sample 1
Debt Retirement means the annual cost of principal and interest incurred by the Wastewater Department for the wastewater treatment plant and other core sanitary sewer collection system facilities such as forcemains and pumping stations
Sample 1
Debt Retirement means the long-term debt is retired at final maturity through serial retirements.
Sample 1

Related to Debt Retirement

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Retirement means Normal or Early Retirement.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Disability retirement for plan 1 members, means the period

  • Qualified Retirement means any termination of your employment with the Company Group that occurs on or after your 60th birthday, at a time when no member of the Company Group is entitled to discharge you for Cause, so long as you have served the Company Group continuously for at least the five-year period immediately preceding that termination.

  • Early Retirement Date means: the day on which a Participant who has attained age fifty-five (55), but has not reached age sixty-five (65), with ten (l0) or more years of Credited Service, retires. A Participant is eligible for early retirement on the first day of the calendar month coincidental with or immediately following the attainment of age fifty-five (55) and the completion of ten (l0) years of Credited Service, and "early retirement" shall mean retirement by an eligible Participant at the Early Retirement Date.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Continuing care retirement community means a residential

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Mandatory Retirement means termination of employment pursuant to the Company’s mandatory retirement policy.

  • Social Security Retirement Age means the age used as the retirement age under Section 216(l) of the Social Security Act, applied without regard to the age increase factor and as if the early retirement age under Section 216(l)(2) of such Act were 62.

  • Early Retirement means retirement, with consent of the Committee at the time of retirement, from active employment with the Company and any Subsidiary or Parent Corporation of the Company.

  • Late Retirement Date means the first day of the month coinciding with or next following a Participant's actual Retirement Date after having reached his Normal Retirement Date.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Public employees retirement system means the retirement plan and program

  • Normal Retirement Age means the Executive's 65th birthday.

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.