Road Maintenance Fund definition

Road Maintenance Fund mean the Fonds National d’Entretien des Réseaux Routier, Fluvial et Lacustre, to be established by the Recipient.
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Road Maintenance Fund means Fonds d’Entretien Routier, a non profit agency with legal and financial autonomy established by ordinance no. 81-002 dated January 5, 1981, as amended by law no. 05-001 dated November 15, 2005, operating in accordance with the Road Maintenance Fund Legislation.
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Road Maintenance Fund means the fund to be established by law in accordance with Section 6.01 (e) of this Agreement.
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Examples of Road Maintenance Fund in a sentence

  • Establishment of a sustainable financing mechanism for the maintenance of the national and local road networks, including provision of technical assistance and training (i) to the Road Maintenance Advisory Board, and (ii) to the Secretariat, for the efficient operation of the Road Maintenance Fund.

  • MCC and the Government envision that the IMFP will be administered by the Road Maintenance Fund of Burkina (Fonds d’Entretien Routier du Burkina – FER-B), an institution established by the Government in cooperation with the World Bank (the “Road Fund”).

  • The Host Council agrees to allocate the Road Maintenance Fund for the purpose stated in the definition of Road Maintenance Fund.

  • Keeping the Road Agency and Road Maintenance Fund on a solid footing will be critical to the sustainability of the Roads and Bridges Activity.

  • The Road Maintenance Fund Sub-Activity creates an environment to implement the training under the Infrastructure Graduate Program and skills and tools developed under the Abidjan Road and Safety Prioritization Sub-Activity.

  • The satisfactory completion of this capacity building through the World Bank program and establishment and adequate funding of the Road Maintenance Fund will be conditions precedent to certain MCC Disbursements.

  • The Recipient finances the maintenance of the said sections of the Corridor through the Road Maintenance Fund.

  • This includes maintaining a Road Agency and the commitment to establish a Road Maintenance Fund to ensure stable and sustainable maintenance financing.

  • The provision of technical assistance to MTI and the Nicaraguan Road Maintenance Fund (Fondo de Mantenimiento or “FOMAV”).


More Definitions of Road Maintenance Fund

Road Maintenance Fund means the portion of the Development Contributions stated in clause 5.4(b) to be used for or applied towards the maintenance of roads in the Local Government Area of the Host Council, with preference given to Ringwood Road and Wollara Road, in the vicinity of the Development. For the avoidance of doubt, the Road Maintenance Fund is not to be used for the road upgrades and road maintenance referred to in clauses [insert] of Schedule [insert] of the Development Consent. Road Upgrades means sealing and widening of 4.7 kilometres of Wollara Road from the end of the existing sealed section (adjacent to Lot 6 DP731205) up to the Goulburn River National Park boundary in accordance with an approval granted by the roads authority.
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Road Maintenance Fund means the fund established by Decree 09/PM dated January 15, 2001 to finance road maintenance through road user charges;
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Road Maintenance Fund and the acronym “RMF” mean the Borrower’s autonomous fund to finance Road Maintenance (as hereinafter defined), as provided in Section 3.03 of this Agreement;
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Road Maintenance Fund means the portion of the Development Contributions stated in clause 5.4(b) to be used for, or applied towards the maintenance of roads in the Local Government Areas of the Host Councils, with preference given to the roads in the vicinity of the Development. For the avoidance of doubt, the Road Maintenance Fund is not to be used for the road upgrades and road maintenance referred to in clauses 28 and 29 of Schedule 3 of the Development Consent. Strategic Reserve means any part of the Community Enhancement Fund created pursuant to Schedule 2 (b)(iv).
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Road Maintenance Fund means the road maintenance fund to be created and function in accordance with the Transport Sector Letter, as described in Section 6(b)(i) of Schedule 2 of Annex I.
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Related to Road Maintenance Fund

  • Yield Maintenance Account The separate trust account maintained and held by the Trustee pursuant to Section 3.16, which account shall bear a designation clearly indicating that the funds deposited therein are held in trust for the benefit of the Trust on behalf of the Class A Certificateholders, and which account provides that the Trustee may make, or cause to be made, withdrawals therefrom in accordance with Section 3.16.

  • Deferred Maintenance means improvements necessary for continued operations which do not improve productivity or alter the process technology.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Operation and Maintenance Costs means the costs of:

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

  • Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

  • Scheduled Maintenance means routine maintenance scheduled by Orange to implement generic changes to, or updates of, the Orange Services or the Orange Network.

  • Routine maintenance means activities to keep an impervious surface as near as possible to its constructed condition. This includes ordinary maintenance activities, resurfacing paved areas, and exterior building changes or improvements which do not materially increase or concentrate stormwater runoff, or cause additional nonpoint source pollution.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Operation and Maintenance or “O&M” shall mean all activities required to operate, maintain, and monitor the effectiveness of the RA as specified in the SOW or any EPA-approved O&M Plan.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Retail Service and Maintenance Sector Means the service and maintenance of retail facilities which includes financial institutions, retail businesses, schools and hospitals but does not include commercial premises as defined.

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Scheduled Maintenance Time means the time that the System is not in service due to a scheduled activity as defined in this SLA. The scheduled maintenance time would not be during business hours. Further, scheduled maintenance time is planned downtime with the prior permission of AIC.

  • Emergency Maintenance means any period of maintenance for which, due to reasons beyond its reasonable control, Sprint Convergence is unable to provide prior notice of.

  • Operations and maintenance means a project delivery method in which the District enters into a single contract for the routine operation, routine repair, and routine maintenance of an infrastructure facility.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Maintenance area means any geographic region of the United States previously designated nonattainment pursuant to the CAA Amendments of 1990 and subsequently redesignated to attainment subject to the requirement to develop a maintenance plan under §175A of the CAA, as amended.

  • Generator Maintenance Outage means the scheduled removal from service, in whole or in part, of a generating unit in order to perform necessary repairs on specific components of the facility, if removal of the facility meets the guidelines specified in the PJM Manuals.

  • Yield Maintenance Agreement The yield maintenance agreement between the Trustee, on behalf of the Trust, and the Counterparty, which will be primarily for the benefit of the Class 1-A-2 Certificates, substantially in the form attached hereto as Exhibit Q. The Yield Maintenance Agreement shall not be an asset of any REMIC formed under this Agreement.