Restricted Reserves definition

Restricted Reserves means a portion of funds or economic value that are designated with a specific purpose or intent.

Restricted Reserves has the meaning specified in Section 4.5.

Restricted Reserves means cash and other reserves of the Disposal System which are restricted to specific uses or are otherwise being reserved by the County to meet its obligations hereunder throughout the term of the Agreement with respect to the Disposal System pursuant to any Applicable Law, contract, adopted budget, budgetary policy of the County with respect to the Disposal System, or other arrangement. Such cash and other reserves are not required to be deposited in separate accounts or funds in order to constitute “Restricted Reserves” hereunder, and may be commingled with

Examples of Restricted Reserves in a sentence

• The Public Sector Accounting Board (PSAB) standard requires that Internally Restricted Reserves are to be included in the Board’s Accumulated Surplus.

• Restricted Reserves comprise the unused portion of funds made available to the University for specified purposes.

• In accordance with the Communiqué No:XI-29 and related announcements of CMB, effective from January 1, 2008, "Share capital", "Restricted Reserves" and "Share Premiums" shall be carried at their statutory amounts.

• Restricted cash includes Restricted Reserves, Board of Education Reserve and Reserves required in other funds.

• The cumulative target range for Restricted Reserves (Revenue) has been established at between 2% and 5% for each financial year, excluding the impact of the Pension Deficit/Surplus.

• The cumulative target range for all Restricted Reserves has been established at between 2% and 5% for each financial year.

• The Capital Receipts Reserve may only be used to fund capital expenditure or repay debt, and the remaining revenue reserves comprise the “General Fund Balance”, although this is split further into Restricted Reserves, Earmarked reserves, and the General Reserve.

• Restricted Reserves are those reserves subject to specific conditions accepted as binding by the Council, and which Council may not revise without reference to a third party.

• AUGSA will attempt to limit the amount invested in Cash and Cash Equivalents to the amount expected to be spent on the project within the next financial year.1.07.09 Investment PlanThe Investment Plan will detail the maximum amount of cash and cash equivalents and Longer Term Debt Obligations that the Internally Restricted Reserves are to be invested in.

• The City will not directly invest in securities maturing more than three (3) years from the date of purchase; except the Restricted Reserves required by bond covenants may be invested for maximum maturity of five years at the time of purchase.

More Definitions of Restricted Reserves

Restricted Reserves shall include, but not be limited to, the following:

Restricted Reserves means financial Reserves held by the Organisation which are held as a result of a legal obligation or commitment;

Restricted Reserves shall be indicated on the plat and shall be designated as single-family residential, utility, church, park, recreational, school, or other specific use;

Restricted Reserves means Restricted fund balance as reported on the City’s CAFR. Generally, these are reserves designated for a specific purpose, not available for general use within a specific fund.