Reserve Policy definition

Reserve Policy means the municipal bond debt service reserve insurance policy relating to the Authority Bonds issued by the Insurer.
Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy, and any endorsement thereto, issued by the Reserve Insurer under which claims may be made in order to provide moneys in the Reserve Fund available for the purposes thereof.

Examples of Reserve Policy in a sentence

  • The University will maintain a health care Reserve in accordance with the guidelines outlined in the HCAC Target Reserve Policy.

  • North American Electric Reliability Corporation, Order Conditionally Accepting Revisions to Working Capital and Operating Reserve Policy, 151 FERC ¶ 61,225 (2015).

  • To assure that the CNA has the ongoing financial ability to perform against this Agreement, the CNA shall provide a copy of its Reserve Policy and annual reports showing fiscal year end reserve levels of both net assets and liquid assets no later than December 31 of each year.

  • The Funding and Reserve Policy is applicable to Swellendam Municipality.

  • The District adopted a Reserve Policy in 2009 that calls for leaving a designated amount of District funds in reserve for emergencies.


More Definitions of Reserve Policy

Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy issued by the Bond Insurer.
Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy
Reserve Policy means the municipal bond debt service reserve insurance policy issued by the Insurer for deposit into the Reserve Account.]
Reserve Policy means the municipal bond debt service reserve insurance policy issued by the Reserve Insurer to initially satisfy the Reserve Requirement with respect to the 2019 Certificates.
Reserve Policy means the municipal bond debt service reserve insurance policy issued by the Bond Insurer on the date of issuance of the Bonds representing the reserve requirement established under the Authority Indenture.
Reserve Policy means the Municipal Bond Debt Service Reserve Insurance Policy issued by the 2016 Insurer guaranteeing certain payments into the Reserve Account with respect to the Series 2016 Bonds as provided therein and subject to the limitation set forth therein.