Reserve Notice definition

Reserve Notice is defined in Section 3.5(b).

Reserve Notice with respect to any request for a Reserve Disbursement hereunder, a notice from the Borrower delivered to the Lender, substantially in the form of Exhibit H-1.

Reserve Notice shall have the meaning set forth in Section 6.13(c).

Examples of Reserve Notice in a sentence

• Notwithstanding any other provision of this Agreement, in the event of an Early Termination Notice prior to release of the escrow pursuant to Section 3.5(d), the escrowed funds shall be released to the Corporation, and any Early Termination Payment payable by the Corporation to the Members pursuant to Section 4.3 shall be computed without regard to any proposed adjustment to a tax item of a Party that has given rise to a Change Notice or any tax position that has given rise to a Reserve Notice.

• If an Account of any Borrower includes a charge for any Taxes, Agent is authorized, in its Permitted Discretion and after Required Reserve Notice to the Borrower, to pay the amount thereof to the proper taxing authority for the account of such Borrower and to charge Borrowers therefor; provided, however, that neither Agent nor Lenders shall be liable for any Taxes that may be due from Borrowers or with respect to any Collateral.

• In connection with any inventory appraisal and commercial finance examination relating to the computation of the Borrowing Base, Holdings shall make such adjustments to the calculation of the Borrowing Base as the Agent shall, after the expiration of the Reserve Notice Period, reasonably require in its Permitted Discretion based upon the terms of this Agreement and the results of such inventory appraisal and commercial finance examination.

• Initial ReserveEach summer, the Washington Student Achievement Council (WSAC) sends a Reserve Notice and Conditions letter with the institutions’ initial allocation of funds for the upcoming fiscal year.

• Each summer, the Washington Student Achievement Council (WSAC) sends a Reserve Notice and Conditions letter with the institutions’ initial allocation of funds for the upcoming fiscal year.

More Definitions of Reserve Notice

Reserve Notice shall have the meaning specified in ‎Section 14.02(a).

Reserve Notice is defined in Section 3.5(b). “Reverse 704(c) Allocations” means, in accordance with Treasury Regulation Sections 1.704-1(b)(2)(iv)(f)(4) and 1.704-1(b)(4)(i), allocations of items of taxable income, gain, loss and deduction to take into account any Book-Tax Disparity of any Reference Asset on the date of the Corporation’s Capital Contribution in the same manner as under Section 704(c) of the Code using the traditional method as described in Treasury Regulation Section 1.704-3(b). “Reverse 704(c) Schedule” is defined in Section 2.2 of this Agreement “Sale” is defined in the recitals to this Agreement. “Schedule” means any of the following: (i) a Basis Schedule, (ii) Reverse 704(c) Schedule, (iii) a Tax Benefit Schedule, or (iv) the Early Termination Schedule, and, in each case, any amendments thereto. “Section 734(b) Distribution” means any actual or deemed distribution to any Member by Xxxx Holdings to which Section 734(b)(1) of the Code (or any similar sections of U.S. state and local tax law) applies. “Senior Obligations” is defined in Section 5.1 of this Agreement. “Subsidiary” means, with respect to any Person and as of the date of any determination, any other Person as to which such Person, owns, directly or indirectly, or otherwise controls,

Reserve Notice is defined in Section 3.5(b). “Reverse 704(c) Allocations” means, in accordance with Treasury Regulation Sections 1.704-1(b)(2)(iv)(f)(4) and 1.704-1(b)(4)(i), allocations of items of taxable income, gain, loss and deduction to take into account any Book-Tax Disparity of any Reference Asset on the date of the Corporation’s Capital Contribution in the same manner as under Section 704(c) of the Code using the traditional method as described in Treasury Regulation Section 1.704-3(b). “Reverse 704(c) Schedule” is defined in Section 2.2 of this Agreement “Sale” is defined in the recitals to this Agreement.

Reserve Notice has the meaning specified therefor in Section 2.1(b)(i).

Reserve Notice. Has the meaning ascribed to it in the Rules.

Reserve Notice means the written notice to be delivered by Lender in accordance with SECTION 5.15 at least five (5) Business Days prior to any Conversion Date following the making of the initial Interim Loan hereunder, which notice shall set forth the Reserve Amount as of such Conversion Date and the calculation thereof.

Reserve Notice shall have the meaning specified in Section 11.2(a) of this Agreement.