Target Reserves definition

Target Reserves means the Spinning Reserve requirements as defined
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Target Reserves means the Spinning Reserve requirements as defined in the Grid Code pursuant to Operating Code 3 and Scheduling and Dispatch Code 1;"Transmission Use ofSystem Services"means the Transmission System Services other than services relating to the making and maintenance of Connections to the Licensee’s Transmission System the costs of which are recovered through approved Connection Charges; and
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Target Reserves means [REDACTED]. Tax means (i) any Federal, state, local and foreign taxes, assessments and other governmental charges, duties, impositions and liabilities, including taxes based upon or measured by gross receipts, income, profits, sales, use and occupation, and value added, ad valorem, transfer, franchise, withholding, payroll, recapture, employment, excise and property CONFIDENTIAL TREATMENT REQUESTED: INFORMATION FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED IS OMITTED AND IS NOTED WITH “[REDACTED]”. AN UNREDACTED VERSION OF THIS DOCUMENT HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. taxes, together with all interest, penalties and additions imposed with respect to such amounts, (ii) any liability for the payment of any amounts of the type described in clause (i) as a result of being a member of an affiliated, consolidated, combined or unitary group for any period, and (iii) any liability for the payment of any amounts of the type described in clauses (i) or (ii) as a result of any express or implied obligation to indemnify any other Person. Tax Adjustment is defined in Section 3.08. Tax Returns is defined in Section 4.16(a). Termination Fee is defined in Section 9.03. Violation means, with respect to Governing Documents, Contracts, or applicable Law to which a Person is party or by which such Person is bound, a violation of or default thereunder (with or without notice or lapse of time, or both) or which gives rise to a right of termination, cancellation, modification or acceleration of any obligation or loss of any benefit thereunder. WARN Act is defined in Section 4.28. WBCA is defined in Section 6.04. Withdrawal Liability is defined in Section 7.03(d). Withdrawal Liability Amount is defined in Section 7.03(d).
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Examples of Target Reserves in a sentence

  • Interim Report 2021Reserved Share Options: 3.83 years, being the weighted expected effective period Risk-free yield : 2.33%, being the 3.83-year yield to maturity of national bond rate Expected volatility : 35.2%, based on the historical volatility of the Company Expected rate of dividend : 0%(2) Notes: (1) The calculation results of the value of the share options are subject to a number of assumptions of the parameters used herein and the limitation of the model adopted.

  • This anomaly will need to be addressed during the review of Target Reserves, programmed for later this year.

  • Stern RollerThe length of stern roller (or rollers) is to be kept to a minimum, and sufficient to accommodate the widest anticipated anchor to be served.The minimum external diameter of the stern roller is to be: Dsr  l7 dm mmwhere dm is the nominal anchor handling wire rope diameter in mm.The roller, pin connections, foundations and supporting structure are to be designed to the breaking strength of the anchor line.

  • Changes were also made to the Target Reserves for the most affected schemes.

  • Times for Clerk Cashiers meal and rest periods shall be set out by the Employer on a sheet which shall be available for Clerk Cashiers to review prior to the commencement of their shifts.

  • Business class air travel is authorized for flights of five hours or longer, coach for flights under five hours.

  • Table 3-5 2014 Target Reserves Description 3.7 Debt service coverage requirements‌Denver Water maintains the stand-alone revenue bond rating of AA or better.

  • Level 2: Target Reserves – SustainabilityIn order to provide a high quality service to members and minimise the costs and inconvenience caused by breakdowns, the trustees have a planned replacement programme for vehicles.

  • Level 3: Target Reserves – GrowthMoray Carshare has grown throughout its twelve year lifetime.

  • The average of these three Target Reserves is $236,000, which can be deducted from the Preliminary Target Reserve, resulting in a total net Target Reserve of $672,000 for FY 2017-18, which is equal to 67% of operating revenue on an ongoing basis.


More Definitions of Target Reserves

Target Reserves means all reserves required to be maintained (or applied or invested) under the Contribution Agreement.
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Related to Target Reserves

  • PDP Reserves means Proven Reserves which are categorized as both "Developed" and "Producing" in the definitions promulgated by the Society of Petroleum Evaluation Engineers and the World Petroleum Congress as in effect at the time in question.

  • free reserves means such reserves which, as per the latest audited balance sheet of a company, are available for distribution as dividend:

  • Budget Period means the fiscal period for which a budget is prepared.

  • Availability Reserves means, without duplication of any other Reserves or items to the extent such items are otherwise addressed or excluded through eligibility criteria, such reserves as Agent from time to time determines in its Permitted Discretion as being appropriate (a) to reflect the impediments to Agent’s ability to realize upon the Collateral, (b) to reflect claims and liabilities that Agent determines in its Permitted Discretion will need to be satisfied in connection with the realization upon the Collateral, (c) to reflect criteria, events, conditions, contingencies or risks which adversely affect any component of the Borrowing Base, or the assets, business, financial performance or financial condition of any Credit Party, or (d) to reflect that a Default or an Event of Default then exists. Without limiting the generality of the foregoing, Availability Reserves may include, in Agent’s Permitted Discretion, (but are not limited to) reserves based on: (i) Rent Reserves; (ii) customs duties, and other costs to release Inventory which is being imported into the United States of America; (iii) outstanding Taxes and other governmental charges, including, without limitation, ad valorem, real estate, personal property, sales, claims of the PBGC and other Taxes which may have priority over the interests of Agent in the Collateral; (iv) salaries, wages and benefits due to employees of any Borrower, (v) Customer Credit Liabilities, (vi) Customer Deposits, (vii) reserves for reasonably anticipated changes in the Appraised Value of Eligible Inventory between appraisals, (viii) warehousemen’s or bailee’s charges and other Permitted Liens which may have priority over the interests of Agent in the Collateral, (ix) amounts due to vendors on account of consigned goods, (x) Cash Management Reserves, (xi) Bank Products Reserves, and (xi) royalties payable in respect of licensed merchandise.

  • Aggregate Reserves means, on any date of determination, the sum of the Loss Reserve, the Yield Reserve, the Dilution Reserve and the Servicer Reserve.

  • Total Reserves means, at any time, the sum of: (a) the Yield Reserve, plus (b) the greater of (i) the Concentration Reserve plus the Minimum Dilution Reserve and (ii) the Loss Reserve plus the Dilution Reserve.

  • Minimum Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months, multiplied by (b) the Dilution Horizon Ratio.

  • Dilution Reserve Percentage means, on any day, the product of (a) the sum of (i) 2.25 times the average of the Dilution Ratios for the twelve most recent Fiscal Months, plus (ii) the Dilution Volatility Component, multiplied by (b) the Dilution Horizon Ratio.

  • C/D Reserve Percentage for any day as applied to any ABR Loan, that percentage (expressed as a decimal) which is in effect on such day, as prescribed by the Board, for determining the maximum reserve requirement for a Depositary Institution (as defined in Regulation D of the Board) in respect of new non-personal time deposits in Dollars having a maturity of 30 days or more.

  • Net Recovery Percentage means, at any time, the fraction, expressed as a percentage, (a) the numerator of which is the amount equal to the recovery in respect of Eligible Inventory at such time on a net orderly liquidation value basis as set forth in the most recent acceptable appraisal of Eligible Inventory received by the Administrative Agent, net of operating expenses, liquidation expenses and commissions, and (b) the denominator of which is the applicable original Value of the aggregate amount of the Inventory subject to such appraisal.

  • SOFR Reserve Percentage means, for any day, the maximum effective percentage in effect on such day, if any, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including, without limitation, supplemental, marginal and emergency reserve requirements) with respect to SOFR funding.

  • State average current expense appropriations per student means the most

  • Loss Reserve Percentage means, on any date, the product of (A) 2.25 times (B) the highest average of the Default Ratios for any three consecutive calendar months during the twelve most recent calendar months times (C) the Loss Horizon Ratio.

  • Yield Reserve Percentage means at any time of determination:

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Required Reserves at any time means the sum of (a) the Yield Reserve, plus (b) the Servicing Fee Reserve, plus (c) the greater of (i) the sum of the Loss Reserve Ratio and the Dilution Reserve Percentage and (ii) the Minimum Percentage, each as in effect at such time, multiplied by the Net Pool Balance on such date.

  • Overcollateralization Target Amount As of any Distribution Date, 1.30% of the Initial Aggregate Receivables Principal Balance.

  • Budget-related Policy means a policy of a municipality affecting or affected by the annual budget of the municipality, including-

  • Budget unit means the unit for which the ANB of a district is calculated separately pursuant to 20-9-311.

  • Domestic Reserve Percentage means for any day that percentage (expressed as a decimal) which is in effect on such day, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including without limitation any basic, supplemental or emergency reserves) for a member bank of the Federal Reserve System in New York City with deposits exceeding five billion dollars in respect of new non-personal time deposits in dollars in New York City having a maturity comparable to the related Interest Period and in an amount of $100,000 or more. The Adjusted CD Rate shall be adjusted automatically on and as of the effective date of any change in the Domestic Reserve Percentage.

  • Pension reserve means the present value, computed upon the basis of the mortality and other tables adopted by the board, of all payments to be made on account of any retirement allowance or benefit in lieu of any retirement allowance, granted to a member or beneficiary under this chapter.

  • Second Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(E).