Unrestricted Reserves definition

Unrestricted Reserves means financial Reserves held by the Organisation which are not subject to legal obligation or commitment.
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Unrestricted Reserves means any amount of the accumulated surplus that is left unrestricted for operational spending and remains in the organization’s cash account;
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Unrestricted Reserves means cash and other reserves of the Disposal System which are not Restricted Reserves.
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Examples of Unrestricted Reserves in a sentence

  • In any event, following a Charitability Default, as long as the Foundation holds any of the Foundation Shares, the Company shall notify the Foundation at least by the fifteenth business day of each month following the end of a calendar quarter of the amount of the Unrestricted Reserves and the Available Liquidity, provided the amount of the latter is lower than the amount of Unrestricted Reserves.

  • Donations and legacies made with no restrictions will be added to the Trust’s Unrestricted Reserves and be used at the Trustees’ discretion in furthering the Trust’s objects.

  • Total District Budgeted Unrestricted Reserves $ 24,641,860 $ 39,018,706 $ 30,153,413 2e.

  • For the sole purpose of determining whether the District has complied with this Section 5.15, the amount of Unrestricted Reserves shall constitute Revenues.


More Definitions of Unrestricted Reserves

Unrestricted Reserves means Unrestricted fund balance as reported on the City’s CAFR. Generally, these are reserves are not designated for a specific purpose, and are available for general use within a specific fund.
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Unrestricted Reserves means any amount of the accumulated surplus that is left
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Unrestricted Reserves means those Reserves which have been accumulated from Unrestricted Funds, meaning those Funds within ESTW which are capable of being used for any purpose consistent with the charitable objectives of ESTW.
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Unrestricted Reserves means the unrestricted net assets of the District as shown in the District’s statements of net assets.
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Related to Unrestricted Reserves

  • Unrestricted Cash means cash or cash equivalents of the Borrower or any of its Subsidiaries that would not appear as “restricted” on a consolidated balance sheet of the Borrower or any of its Subsidiaries.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Unrestricted Subsidiaries means any Subsidiary of the Borrower designated by the Borrower as such in writing in accordance with Section 7.10(e); it being understood and agreed that (i) the term “Unrestricted Subsidiary” shall include all Subsidiaries of any such designated Subsidiary, and (ii) any Unrestricted Subsidiary may subsequently be designated by the Borrower as a Restricted Subsidiary subject to the terms of Section 7.10(e).

  • Unrestricted Subsidiary means any Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a Board Resolution, but only to the extent that such Subsidiary:

  • Unrestricted Person means (a) each Indemnitee, (b) each Partner, (c) each Person who is or was a member, partner, director, officer, employee or agent of any Group Member, a General Partner or any Departing General Partner or any Affiliate of any Group Member, a General Partner or any Departing General Partner and (d) any Person the General Partner designates as an “Unrestricted Person” for purposes of this Agreement.