Examples of Reserve Requirement in a sentence
The aggregate amount in the Working Capital Reserve Fund shall be maintained at the Working Capital Reserve Requirement out of Collections as provided in Section 2.03 hereof.
Whenever, at the written request of the City Representative, on any Interest Payment Date or on any other date, the amount in the Additional Interest Reserve Account exceeds the Additional Interest Reserve Requirement, the Trustee shall provide written notice to the City of the amount of the excess.
The rate of interest on Adjusted LIBO Rate Loans and Base Rate Loans determined by reference to the LIBO Index Rate shall be adjusted automatically on, and as of, the effective date of any change in the Applicable Reserve Requirement.
The Working Capital Reserve Fund shall then be funded as provided in Section 2.03 hereof until the aggregate amount on deposit therein shall equal the Working Capital Reserve Requirement.