Special Reserves definition

Special Reserves means the reserve allocated from Retained Earnings in accordance with the Applicable Listing Rules, or resolutions of shareholders meetings;

Special Reserves has the meaning specified in Section 6.08.

Special Reserves as set out in s. 36 of the Indian Act, RSC 1985, c I-5;

Examples of Special Reserves in a sentence

• Capital Reserves and Retained Earnings Subsequent to the first inflation adjusted financial statements, equity items such as; “Capital, Emission Premiums, General Statutory Legal Reserves, Statutory Reserves, Special Reserves and Extraordinary Reserves” are carried at carrying value in the statement of financial position and their adjusted values based on inflation are collectively presented in equity accounts group.

• In the event that a time period is not specified in respect of any instance in which the Borrowers shall be required to set aside Special Reserves pursuant to this Agreement, the failure to set aside such Special Reserve shall not constitute an Event of Default so long as the Borrowers deposit such Special Reserves into the Special Reserves Account within five (5) Business Days of the date on which such deposit is required to be made.

• The Company appropriated special reserves in accordance with Order No. 1010012865 and No. 1090150022 issued by the FSC and the Q&As on “Question and Answer for Special Reserves Appropriated Following Adoption of IFRSs”.

• In the event that the Borrowers shall be required pursuant to this Agreement to set aside adequate reserves in connection with any potential liability by depositing such amounts into the Special Reserves Account (the “Special Reserves”), the Borrowers shall provide the Calculation Agent with written notice of any such Special Reserves, and simultaneously with such notice shall deposit such Special Reserves with the Paying Agent for transfer to the Special Reserves Account.

• If such total shall have increased since the most recent such report delivered pursuant to this paragraph (b) (or, as applicable, since the date of the initial Property Loan hereunder with respect to a Non-Conforming Property), the Borrower shall on the date of such report make a deposit to the Special Reserves Account in an amount equal to such increase.

More Definitions of Special Reserves

Special Reserves means that portion of the Limited Partnership’s retained earnings allocated by the General Partner to meet the estimated future costs of major capital expenditures planned to be incurred no later than five (5) years from the date when such reserves were initially established, save and except for the estimated future capital costs of de-commissioning of the Keeyask Project which can be included in such allocation, provided that they are included no earlier than twenty-five (25) years prior to the expected date of de-commissioning, and such other amounts as are designated by the Partners in accordance with the LP Agreement.

Special Reserves means the reserve allocated from Retained Earnings in accordance with the Applicable Listing Rules or resolutions of the Company in general meetings;

Special Reserves means the reserve allocated from Retained Earnings in accordance with Applicable Law, or resolutions of the general meeting of the Members.

Special Reserves means a reserve implemented by Lender in an amount equal to $1,000,000 as of the Closing Date, as may be increased or decreased from time to time as determined by Lender in its Credit Judgment thereafter upon at least one (1) Business Day notice by Lender to Representative (unless an Event of Default has occurred and is continuing) and, if so requested by Representative not later than one (1) Business Day after receipt of such notice, discussion with Representative regarding such revision (unless an Event of Default has occurred and is continuing). Subordinated Debt shall mean, collectively, any and all indebtedness for borrowed money and any other claims or obligations arising under, evidenced by or related to indebtedness which is subject to a subordination agreement in form and substance acceptable to Lender. Subordinated Debt Documents shall mean, collectively, (a) the Subordination Agreements and (b) all other documents and instruments relating to the Subordinated Debt and all amendments and modifications thereof permitted hereby. Subordination Agreement shall mean, collectively, any and all subordination agreements entered into after the date hereof with respect to additional Subordinated Debt which shall be in form and substance, and certain terms, acceptable to the Lender in its sole discretion. Subsidiary shall mean with respect to any Person, a corporation of which such Person owns, directly or indirectly, more than fifty percent (50%) of the outstanding capital stock having ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether at the time stock of any other class of such corporation shall have or might have voting power by reason of the happening of any contingency), or any partnership, joint venture or limited liability company of which more than fifty percent (50%) of the outstanding equity interests are at the time, directly or indirectly, owned by any such Person or any partnership of which any such Person is a general partner. Supporting Obligations shall have the meaning ascribed to such term in the UCC. Tangible Chattel Paper shall have the meaning ascribed to such term in the UCC. Tangible Net Worth shall have the meaning set forth in Section 14.2.1 hereof. Taxes shall mean any and all present and future taxes, duties, levies, imposts, deductions, assessments, charges or withholdings and any and all liabilities (including interest and penalties and other additions to taxes) with ...

Special Reserves means, collectively:

Special Reserves means the reserve allocated from Retained Earnings in accordance with Applicable Law, or resolutions of the general

Special Reserves as defined in Section 2.1(A) of this Agreement. Subsidiary - any corporation of which a Person owns, directly or indirectly through one or more intermediaries, more than 50% of the Voting Stock at the time of determination. Term Loan - the loan made by Lenders as provided in Section 2.3 of this Agreement. Term Note - the secured promissory note to be executed by Borrower on the Closing Date to evidence the Term Loan, which shall be in the form of Exhibit 2.3 attached hereto. Voting Stock - Securities of any class or classes of a corporation the holders of which are ordinarily, in the absence of contingencies, entitled to elect a majority of the corporate directors (or Persons performing similar functions). Week - the time period commencing with the opening of business on a Wednesday and ending on the end of business the following Tuesday.