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.

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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 ▇▇▇▇▇▇ Pi▇▇ ▇▇▇▇et New Y▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇: ▇▇▇ ▇▇▇▇▇itory 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 & ▇▇ITH INCORPORATED Acting severally on behalf of itself and the several Underwriters named herein By: SBC WARBURG DILLON READ INC. By: /s/ Mark D. Mayer ▇▇▇e: Mark D. Mayer ▇▇▇le: Executive Director Accepted: INDIANAPOLIS POWER & LIGHT COMPANY By: /s/ John R. Brehm Name: John R. Brehm ▇▇▇▇▇: ▇▇▇ior Vice P▇▇▇▇▇▇▇▇ - 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...

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

Examples of Fund Requirements in a sentence

• State Fund Requirements: Contractors expending $100,000 or more in total state funds in a fiscal year must have a financial audit as defined by Government Auditing Standards (The Revised Yellow Book) and according to Generally Accepted Auditing Standards (GAAS).

• Any Series Supplemental Indenture may provide for a sinking fund for the retirement of the Securities of the series created thereby (herein called a "Sinking Fund") in accordance with which the Company will be required to redeem on the dates set forth therein (hereinafter called "Sinking Fund Redemption Dates") Securities of principal amounts set forth therein (hereinafter called "Sinking Fund Requirements").

• The Series 2019 Bonds maturing on December 15, 2039 (the “2039 Term Bonds”) are subject to Mandatory Sinking Fund Redemption in part by lot pursuant to the terms of the Mandatory Sinking Fund Requirements of the Bond Legislation.

• The Annuity Fund Payment amount shall be the difference between Department approved Operating Expenses attributable to the Annuity Units at the Development and Department approved Operating Income attributable to the Annuity Units at the Development (as outlined herein) for the fiscal year and is subject to the Annuity Fund Requirements.

• State Fund Requirements: Contractors expending $750,000.00 or more in total state funds in a fiscal year must have a financial audit as defined by Government Auditing Standards (The Revised Yellow Book) and according to Generally Accepted Auditing Standards (GAAS).

• This Article and the incorporated and the incorporated Exhibit L, Federal Information, Exhibit M, State Fiscal Recovery Fund Requirements, and Exhibit N, Audit Requirements for Awards of Federal Financial Assistance, may be disregarded if federal funding is not used for this Project.

• The Applicant shall procure that the replacement Cladding is of Class A1 or Class A2-s1, d0 standard in accordance with DLUHC's Fund Requirements.

• That option shall be exercised by the University, on or before the 45th day preceding the applicable mandatory sinking fund redemption date, by furnishing the Trustee a certificate, executed by the Fiscal Officer, setting forth the extent of the credit to be applied with respect to the subject Mandatory Sinking Fund Requirements, and the Obligations to be so credited.

• The grantees (Foundation and Program Partner) must comply with Attachment F, Additional Outdoor Heritage Fund Requirements (available on request).

• No Mandatory Sinking Fund Requirements...................................................

More Definitions of Fund Requirements

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.