Equipment Reserves definition

Equipment Reserves means such reserves as the Administrative Agent from time to time determines in the Administrative Agent’s reasonable discretion as being appropriate to reflect the Agents’ ability to realize upon any Eligible Fixed Assets.

Equipment Reserves means, as of any date of determination, (a) an ABL Rent Reserve for any location where any Eligible Equipment is held, or to the extent that such ABL Rent Reserve has not been established, a Rent Reserve and (b) without duplication of any other Reserves in effect at such time, such other reserves that the Administrative Agent deems necessary or appropriate, in its Permitted Discretion, to establish and maintain with respect to Eligible Equipment, including based on the results of appraisals.

Equipment Reserves means, as of any date of determination, (a) Landlord Reserves, and (b) those reserves that Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(c), to establish and maintain with respect to Eligible Equipment or the Maximum Revolver Amount.

Examples of Equipment Reserves in a sentence

• Park Avenue and the park shelter as well as wireless connectivity between the Church Street parking ramp/City Hall, Shattuck Park/Library and Whiting Boathouse & Doty Park/Library at a cost not to exceed $110,000 with funding split between the Information Systems 2015 CIP budget ($65,500) and Capital Equipment Reserves ($44,500).

• Jacobs noted that if these funds are transferred to Equipment Reserves then the District will have more funds in Equipment Reserves than in Building Reserves.

• Vice President Brier motioned to move the excess $76,000 into the Equipment Reserves Fund.

• OSU Research Office – Research Equipment Reserves Fund (2001); $3195; P.I.; Acquistion of Harvester Technology, Inc.

• The Equipment Reserves are funded by revenue generated when mobile equipment is rented to individuals, other levels of government, other organizations or private enterprises (where no commercial alternative exists within the community).Twenty five percent of this revenue shall be transferred into the Mobile Equipment Reserve.

• March 31, 2019March 31, 2018Opening balanceAdd/(Less):Transfer to retained earnings in respect of depreciation on leasehold landClosing balance3,577.26 (40.02)3,617.28 (40.02)3,537.243,577.26Property, Plant and Equipment Reserves represents reserve created on revaluation of freehold land on the date of transition to Ind AS.

• In Lion’s Love, an intentionally bizarre, hippie, “flower-power” film from 1969, the Nana is seen in multiple scenes as something respected and sacred, although she is in the form of a pool inflatable.35 (Figure 8) Varda discusses the work of Saint Phalle in an interview posted on the Grand Palais website.

• We set this aside for repairs.8/10/17 Transferred $2,600 from Park Board Savings to General Checking for the installation of plates under the skate park equipment paid with the Knife River grant held in reserves.8/23/17 Transferred $3,044 from Equipment Reserves in the Des.

• Consideration of Committee’s recommendation regarding authorizing the Neenah Police Department to purchase the Fresh Gear RSS, out of Capital Equipment Reserves.

• Results in Major Maintenance and Equipment Reserves or General Reserves falling below target levels established by the Board without suggesting a plan for Board action to replenish the reserves.

More Definitions of Equipment Reserves

Equipment Reserves means, as of any date of determination, (a) an ABL Rent Reserve for any location where any Eligible Equipment is held, or to the extent that such ABL Rent Reserve has not been established, a Rent Reserve and (b) without duplication of any other Reserves in effect at such time, such other reserves that the Administrative Agent deems necessary or appropriate, in its Permitted Discretion, to establish and maintain with respect to Eligible Equipment, including based on the results of appraisals. “Equity Interests” means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any of the foregoing (but excluding any debt security that is convertible into, or exchangeable for, Equity Interests). “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time. “ERISA Affiliate” means any trade or business (whether or not incorporated) that, together with a Loan Party, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code. “ERISA Event” means (a) any “reportable event”, as defined in Section 4043 of ERISA or the regulations issued thereunder, with respect to a Plan (other than an event for which the 30-day notice period is waived); (b) the failure to satisfy the “minimum funding standard” (as defined in Section 412 of the Code or Section 302 of ERISA), whether or not waived; (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan; (d) the incurrence by any Loan Party or any ERISA Affiliate of any liability under Title IV of ERISA with respect to the termination or partial termination of any Plan; (e) the receipt by any Loan Party or any ERISA Affiliate from the PBGC of any notice relating to an intention to terminate any Plan or Plans or to appoint a trustee to administer any Plan; (f) the incurrence by any Loan Party or any ERISA Affiliate of any liability with respect to the withdrawal or partial withdrawal of any Loan Party or any ERISA Affiliate from any Multiemployer Plan; (g) the receipt by any Loan Party or any ERISA Affiliate of any notice, or t...