Sinking Fund definition

Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.

Sinking Fund means a fund for the payment of principal only of a mandatory redemption security.

Sinking Fund means the fund comprising of the amounts to be paid/deposited and/or contributed by each Unit, including the Purchaser/s herein, towards sinking fund which shall be held by the Maintenance Agency on account of maintenance expenses.

Examples of Sinking Fund in a sentence

• The Total Price includes an amount of Rs. /- for creation of Maintenance Corpus/ Sinking Fund towards creation of a maintenance corpus / sinking fund for major repairs, renovation and/or reconstruction of the Common Areas and Facilities of the Luxury Zone and Luxury portion of the Future Development and/or for similar other eventualities.

• Notwithstanding the above, in the event the 2024 through 2026 Sinking Fund Projects extend beyond the term of this First Amendment, PMR shall provide its Services to LPS without any additional compensation in order to complete the Sinking Fund Projects, unless otherwise agreed to by the Parties in writing.

• Property purchased that exceeds the sinking fund will be depreciated at the amount of purchase price plus interest less amount from the Sinking Fund.

• The Parties shall periodically memorialize in writing the projects and Cost Of Work comprising the Sinking Fund Program for which PMR is providing Owner’s Representation Services.

• For Owner’s Representative Services for LPS’ Sinking Fund Program, LPS shall pay PMR a Fixed Fee of Five Hundred and Forty Thousand and 00/100 Dollars ($540,000.00) due in Thirty Six (36) equal monthly installments of Fifteen Thousand and 00/100 Dollars ($15,000.00), plus actual Reimbursable Expenses, if any, invoiced at actual cost.

More Definitions of Sinking Fund

Sinking Fund means the Bond Fund.

Sinking Fund means, with respect to any Sinking Fund Securities, a sinking fund provided for in Article Twelve.

Sinking Fund means principal debt payments made dur- ing a company’s fiscal year.

Sinking Fund means the fund established by a body corporate under section 38(4).

Sinking Fund means the Sinking Fund established under Section 3.08 hereof, which Sinking Fund may be maintained by the Trustee as part of the Bond Fund.

Sinking Fund means a fund held for the retirement of term bonds.

Sinking Fund means a separate account made up of segregated contributions by the Government to accumulate funds for the redemption of public debt;