Fund Requirements definition

Fund Requirements means the amount, if any, required to be paid into the Sinking Fund Reserve Account or Renewal Fund; any amounts required to be paid under Exchange Agreements; the Bond Redemption and Improvement Requirement; and the O&M Requirement.
Sample 1Sample 2Sample 3
Fund Requirements. None Other Terms: The amount of dividends payable in respect to the New Preferred Stock shall be adjusted as set forth in Annex B hereto in the event of certain amendments to the Internal Revenue Code of 1986, as amended, in respect to the dividends-received deduction. Payment Mechanism: Wire transfer of immediately available funds Delivery Date, Time and Location: January 13, 1998, 9:00 a.m., New York Time Offices of: Cahill Gordon & Reindel Xxxxxx Pixx Xxxxet New Yxxx, Xxx Xxxx 00000 Xxxxxxxxxx Xxxxxxxxx xx: Xxx Xxxxxitory Trust Company All provisions contained in the document attached as Annex A hereto entitled "Indianapolis Power & Light Company - Cumulative Preferred Stock - $100 Par Value -Underwriting Agreement Basic Provisions," are hereby incorporated by reference in their entirety and shall be deemed to be a part of this Terms Agreement to the same extent as if such provisions had been set forth in full herein. Terms defined in such document are used herein as therein defined. Please confirm your agreement by having an authorized officer sign a copy of this Terms Agreement in the space set forth below. Very truly yours, SBC WARBURG DILLON READ INC. MERRILL LYNCH & CO., MERRILL LYNCH, PIERCE, FENNER & XXITH INCORPORATED Acting severally on behalf of itself and the several Underwriters named herein By: SBC WARBURG DILLON READ INC. By: /s/ Mark D. Mayer Xxxe: Mark D. Mayer Xxxle: Executive Director Accepted: INDIANAPOLIS POWER & LIGHT COMPANY By: /s/ John R. Brehm Name: John R. Brehm Xxxxx: Xxxior Vice Pxxxxxxxx - Finance and Information Services Indianapolis Power & Light Company Annex A Cumulative Preferred Stock $100 Par Value UNDERWRITING AGREEMENT BASIC PROVISIONS The basic provisions set forth herein are intended to be incorporated by reference in a terms agreement (a "Terms Agreement") of the type referred to in Paragraph 2 hereof executed by Indianapolis Power & Light Company (the "Company") and the underwriter or underwriters named therein (the "Underwriters"). With respect to any particular Terms Agreement, the Terms Agreement, together with the provisions hereof incorporated therein by reference, is herein referred to as this "Agreement." Terms defined in the Terms Agreement are used herein as therein defined. The Company may issue and sell from time to time series of its Cumulative Preferred Stock, $100 par value, registered under the registration statement referred to in Paragraph 1(a) hereof (the "New Preferred Stock"). The New Preferr...
Sample 1
Fund Requirements. None. Conversion provisions: None. Listing requirements: The Company will make application to list the Debentures for trading on the New York Stock Exchange. Black-out provisions: Between the date hereof and April 15, 1998, the Company will not, without the prior written consent of the Representatives, directly or indirectly, issue, sell, offer or contract to sell, grant any option for the sale of, or otherwise dispose of, any debt securities of the Company.
Sample 1

Examples of Fund Requirements in a sentence

  • Within ninety (90) days after the completion of City’s annual audited financial statements, but not later than May 1 following the end of the Fiscal Year, City shall calculate any deficit or credit in Terminal Rentals, Ramp Area Rentals and Landing Fees using actual Operating Expenses, Debt Service, Non-Airline Revenues, Fund Requirements and Airline Revenue Allocation from the preceding Fiscal Year to determine any surplus or deficit in the amount of Airline Revenue.


More Definitions of Fund Requirements

Fund Requirements means deposits to the funds and accounts as identified in the Bond Indenture;
Sample 1

Related to Fund Requirements

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • Reporting Requirements As defined in Section 11.15.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • Eligibility Requirements means, with respect to any Person, that such Person has at least $200,000,000 in capital/statutory surplus or shareholders’ equity (except with respect to a pension advisory firm or similar fiduciary) and at least $600,000,000 in total assets (in name or under management), and is regularly engaged in the business of making or owning commercial real estate loans (or interests therein), mezzanine loans (or interests therein) or commercial loans (or interests therein) similar to the Mortgage Loan.

  • Requirements means and include schedules, details, description, statement of technical data, performance characteristics, standards (Indian as well as International) as applicable and specified in the Contract.

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • Relevant Requirements means all applicable Law relating to bribery, corruption and fraud, including the Bribery Act 2010 and any guidance issued by the Secretary of State for Justice pursuant to section 9 of the Bribery Act 2010;

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).