Reserve Balance definition

Reserve Balance means the excess, if any, of total contributions paid by each employer over total benefit charges to that employer’s experience rating record.
Reserve Balance means, with respect to a Participant subject to the Incentive Reserve, a bookkeeping record of the net balance of the amounts credited to and debited against such Participant's Incentive Reserve following the end of each fiscal year. For a Participant's first year of participation in the Plan, such Participant's Reserve Balance shall initially be equal to zero.
Reserve Balance means, in relation to any Reserve Account the balance on that Reserve Account determined by the Trustee by reference to the Unit Price applicable to the appropriate Constituent Fund or Constituent Funds on that date (or, in respect of any Non-Unitised Fund, in such other manner as the Trustee may determine) and having taken account of any deduction due to Clauses 15(A) and 15(C).

Examples of Reserve Balance in a sentence

  • Funds held as part of the Reserve Balance shall remain in place for up to twelve (12) months following the date of termination of this Agreement (the “Reserve Period”).

  • Citcon reserves the right to modify the Reserve Balance any time during the Term, including to include a rolling reserve.

  • Xxxxxxxx agrees that (A) it is not entitled to any interest on the funds credited in the Reserve Balance, and (B) it has no right to direct that account.


More Definitions of Reserve Balance

Reserve Balance means, (a) on the Issue Date, the Initial Reserve Balance and (b) on any date thereafter, a percentage (which may be positive or negative) determined by the Calculation Agent on any day as being equal to (I) the Initial Reserve Balance plus (II) the sum of all Portfolio Change Request Trading Entries as at such day, minus (III) the Other Trading Balance Adjustments as at such day, minus (IV) the Cumulative Monetised Subordination as at such day and minus (V) the Accumulated Loss as at such day, PROVIDED THAT the Accumulated Loss shall only be subtracted from the Reserve Balance to the extent that, following adjustment to the Reserve Balance pursuant to items (II) and (IV) above on such day, the Reserve Balance is greater than or equal to zero (such percentage subtracted from the Reserve Balance being the “Loss Absorbed By Reserve Account”).
Reserve Balance means the difference between all contributions paid by an employer and credited to the employer's account for all periods before January 1 (including those paid before February 1 of the same year with respect to wages paid by the employer before January 1 of the same year) and July 1 and the total benefits chargeable to the employer's account for all periods before January 1 and July 1 of the same [year.] years.
Reserve Balance means (i) the sum of (A) the reserve with respect to the Maple Ridge Matter on the financial statements of the Acquired Companies as of the Closing Date, and (B) the reserve with respect to the Hearthstone Matter on the financial statements of the Acquired Companies as of the Closing Date, less (ii) the receivable as set forth on the financial statements of the Acquired Companies as of the Closing Date with respect to the Hearthstone Matter.
Reserve Balance means the excess, if any, of total contributions paid by each employer
Reserve Balance means, on any date the Adjusted Invested Amount minus the Class A Note Principal Balance.
Reserve Balance means the then current balance in the Reserve Account.
Reserve Balance means, at any time, the amount reflected as the balance after reflecting all debits and credits to the Reserve Account at such time.