Permanent Reserve definition

Permanent Reserve means a permanent block against Availability in the amount of $5,000,000.00.
Permanent Reserve means the sub-account of the National Oil Account described in Article 16 hereof.
Permanent Reserve means a reserve against Availability of $5,000,000 which shall remain in effect until the Termination Date.

Examples of Permanent Reserve in a sentence

  • Section XIXTask: Process Involuntary Release from Active Duty due to Failure of Selection for Permanent Reserve Promotion 2–37.

  • Permanent Reserve in the University Libraries provides access to items that require an extra level of security, most often because of their content and format.

  • This may include the establishment of a Permanent Reserve Fund which shall be accumulated for the purpose of using the interest earnings of such fund to finance the operation of the Corporation.

  • Porter applied for the position of Permanent Reserve Police Officer at the PPD in December 2014.

  • Whenever the Permanent Reserve Fund shall become less that the stipulated percentage of expenditures by reason of emergency appropriations, the Board of Directors shall annually set aside not less than three percent (3%) of gross income until the required reserve has been restored.


More Definitions of Permanent Reserve

Permanent Reserve has the meaning specified in Section 3.4(a).
Permanent Reserve means a reserve against the Borrowing Base in an aggregate amount at all times equal to $5,000,000.
Permanent Reserve means an amount equal to $6,000,000.
Permanent Reserve shall have the meaning set forth in Section 8.02(f) of this Loan Agreement. Loan Agreement
Permanent Reserve means a permanent reserve against the Borrowing Base of Foamex or Foamex Canada under the Working Capital Agreement.
Permanent Reserve means an availability reserve in an amount equal to Three Hundred Thousand Dollars ($300,000).
Permanent Reserve means the “Permanent Reserve”, as defined in the First Lien Credit Agreement.