Restricted Reserve Funds definition

Restricted Reserve Funds means the funds required to be deposited and maintained in the Restricted Reserve Account under OAR 410-141-5285.
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Restricted Reserve Funds on any date of determination, an amount equal to the excess, if any, of the amount of Reserve Funds on such date over the aggregate principal amount of the Loans and loans under the Canadian Facility outstanding on such date.
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Restricted Reserve Funds means funds that are required by the housing covenant under the low-income housing tax credit program and are restricted to specific uses, which shall be treated as follows:
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Examples of Restricted Reserve Funds in a sentence

  • Pursuant to OAR 410-141-5185(10), CCO has required the Company to establish, fund and maintain a Restricted Reserve Account and Restricted Reserve Funds (the “Restricted Reserve Requirement”) for its portion of the CCO risk assumed.

  • Included in investments are the following restricted amounts that can only be expended in accordance with the terms of the Reserve and Restricted Reserve Funds.

  • Temporary Investments have yields ranging from 1.09% to 1.28%.Included in investments are the following restricted amounts that can only be expended in accordance with the terms of the Reserve and Restricted Reserve Funds.

  • Restricted Reserve Funds The 2007 and 2015 Loan Agreements require that HDBC maintain three reserve funds: an Operating, Maintenance & Administrative (OM) Fund, Debt Service Fund, and Capital Fund.

  • Any notice, if mailed and properly addressed with postage prepaid or if properly addressed and sent by pre-paid courier service, shall be deemed given when received; any notice, if transmitted by e-mail, shall be deemed given when received.

  • Restricted Reserve Funds are the group of Reserve Funds that have been established to comply with restrictions that have been imposed externally through law (federal, state, or local governments), administrative action (District adopted ordinances), or contractual arrangements (e.g., bond indentures, State Revolving Fund installment sales agreements).

  • Restricted Reserve Funds The 2015 Loan Agreement requires that HDBC maintain three reserve funds: Operating, Maintenance & Administrative (OM) Fund, Debt Service Fund, and Capital Fund.

  • McIntyre confirmed the addition to Table 1: Board-approved Restricted Reserve Funds would be made to the Category 2 and 3 'Funding Sourced' column to include: "Funding Provided by the MCVF".

  • A record number of excellent pulmo- nary hypertension abstracts were both submitted and accepted this year.

  • Internally Restricted Reserve Funds The internally restricted reserve funds have been allocated as follows: 20172016 Stabilization Reserve $ 34,800 $ 34,000Food Bank Reserve 19,31919,319Legal Reserve 12,00011,500Technology and Office Reserve 13,42813,778 $ 79,547 $ 78,597 Brandon University Students' Union Inc.


More Definitions of Restricted Reserve Funds

Restricted Reserve Funds means funds that are required to be reserved by the low
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Restricted Reserve Funds means the funds required to be deposited and maintained in the
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Related to Restricted Reserve Funds

  • Reserve Funds means, collectively, the Tax and Insurance Escrow Fund, the Replacement Reserve Fund, the Required Repair Fund, the Initial Renovation Reserve Fund, the Interest Reserve Fund, the General Reserve Fund, any funds on deposit in the Construction Loan Reserve Account, any Shortfall Funds and any other escrow fund established pursuant to the Loan Documents.

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.