Minimum capital reserve fund requirement definition

Minimum capital reserve fund requirement means, as of any particular date of computation, the
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Minimum capital reserve fund requirement means, as of any particular date of computation, the amount of money designated as the minimum capital reserve fund requirement which may be established in the resolution of the Authority authorizing the issuance of, or the trust indenture securing, any outstanding issue of bonds or credit enhancement.
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Minimum capital reserve fund requirement means, as of any particular date of computation, the 1085 amount of money designated as the minimum capital reserve fund requirement which may be established 108610871088 in the resolution of the Authority authorizing the issuance of, or the trust indenture securing, any outstanding issue of bonds or credit enhancement."Project" means (i) any water supply or wastewater treatment facility, including a facility for 1089 receiving and stabilizing septage or a soil drainage management facility, and any solid waste treatment, 1090 disposal, or management facility, recycling facility, federal facility or former federal facility, or resource 1091 recovery facility located or to be located in the Commonwealth, the District of Columbia, or any 1092 adjoining state, all or part of which facility serves or is to serve any local government, and (ii) any 1093 federal facility located or to be located in the Commonwealth, provided that both the Board of Directors 1094 of the Authority and the governing body of the local government receiving the benefit of the loan, grant, 1095 or credit enhancement from the Authority make a determination or finding to be embodied in a 1096 resolution or ordinance that the undertaking and financing of such facility is necessary for the location 1097 or retention of such facility and the related use by the federal government in the Commonwealth. The 1098 term includes, without limitation, water supply and intake facilities; water treatment and filtration 1099 facilities; water storage facilities; water distribution facilities; sewage and wastewater (including surface 1100 and ground water) collection, treatment, and disposal facilities; drainage facilities and projects; solid 1101 waste treatment, disposal, or management facilities; recycling facilities; resource recovery facilities; 1102 related office, administrative, storage, maintenance, and laboratory facilities; and interests in land related 1103 thereto. The term also includes energy conservation measures and facility technology infrastructure as 1104 defined in § 11-34.2 and other energy objectives as defined in § 67-101 67-101.1. The term also means 1105 any heavy rail transportation facilities operated by a transportation district created under the
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More Definitions of Minimum capital reserve fund requirement

Minimum capital reserve fund requirement means, as of any particular date of computation, the amount of money designated as the minimum capital reserve fund requirement which may be established
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Minimum capital reserve fund requirement means, as of any
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Related to Minimum capital reserve fund requirement

  • Reserve Fund Requirement means (i) on any Payment Date other than a Payment Date described in clause (ii), an amount equal to 0.25% of the Aggregate Securitization Value of the 2023-2 Leases as of the Cutoff Date or (ii) on any Payment Date occurring on or after the date on which the Note Balance has been reduced to zero, zero.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Required Reserve Amount means, with respect to any Payment Date, the lesser of (a) 0.25% of the difference of the Aggregate Starting Principal Balance less the Yield Supplement Overcollateralization Amount as of the applicable Cutoff Date of all Receivables transferred to the Trust and (b) the Outstanding Amount of the Notes.

  • Required Accumulation Reserve sub-Account Amount means, with respect to any Monthly Period during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding Dollar Principal Amount of the Class A(2019-1) Notes as of the close of business on the last day of the preceding Monthly Period or (ii) any other amount designated by the Issuer; provided, however, that if such designation is of a lesser amount, the Note Rating Agencies shall have provided prior written confirmation that a Ratings Effect will not occur with respect to such change.

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.

  • Reserve Draw Amount shall have the meaning specified in subsection 4.12(c).

  • Available Reserve Account Amount means, for any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account (after taking into account any interest and earnings retained in the Reserve Account pursuant to Section 4.10(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.4(a)(ix) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Capital Reserves means, for any period and with respect to a Property, an amount equal to (a) $0.05 per square foot times (b) a fraction, the numerator of which is the number of days in such period and the denominator of which is 365. If the term Capital Reserves is used without reference to any specific Property, then the amount shall be determined on an aggregate basis with respect to all Properties of the Trust and its Subsidiaries and a proportionate share of all Properties of all Unconsolidated Affiliates.

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.