Fund Requirements definition

Fund Requirements means the amount, if any, required to be paid into the Sinking Fund Reserve Account or Renewal Fund; any amounts required to be paid under Exchange Agreements; the Bond Redemption and Improvement Requirement; and the O&M Requirement.
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Fund Requirements means deposits to the funds and accounts as identified in the Bond Indenture;
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Fund Requirements. None Other Terms: The amount of dividends payable in respect to the New Preferred Stock shall be adjusted as set forth in Annex B hereto in the event of certain amendments to the Internal Revenue Code of 1986, as amended, in respect to the dividends-received deduction. Payment Mechanism: Wire transfer of immediately available funds Delivery Date, Time and Location: January 13, 1998, 9:00 a.m., New York Time Offices of: Cahill Gordon & Reindel Xxxxxx Pixx Xxxxet New Yxxx, Xxx Xxxx 00000 Xxxxxxxxxx Xxxxxxxxx xx: Xxx Xxxxxitory Trust Company All provisions contained in the document attached as Annex A hereto entitled "Indianapolis Power & Light Company - Cumulative Preferred Stock - $100 Par Value -Underwriting Agreement Basic Provisions," are hereby incorporated by reference in their entirety and shall be deemed to be a part of this Terms Agreement to the same extent as if such provisions had been set forth in full herein. Terms defined in such document are used herein as therein defined. Please confirm your agreement by having an authorized officer sign a copy of this Terms Agreement in the space set forth below. Very truly yours, SBC WARBURG DILLON READ INC. MERRILL LYNCH & CO., MERRILL LYNCH, PIERCE, FENNER & XXITH INCORPORATED Acting severally on behalf of itself and the several Underwriters named herein By: SBC WARBURG DILLON READ INC. By: /s/ Mark D. Mayer Xxxe: Mark D. Mayer Xxxle: Executive Director Accepted: INDIANAPOLIS POWER & LIGHT COMPANY By: /s/ John R. Brehm Name: John R. Brehm Xxxxx: Xxxior Vice Pxxxxxxxx - Finance and Information Services Indianapolis Power & Light Company Annex A Cumulative Preferred Stock $100 Par Value UNDERWRITING AGREEMENT BASIC PROVISIONS The basic provisions set forth herein are intended to be incorporated by reference in a terms agreement (a "Terms Agreement") of the type referred to in Paragraph 2 hereof executed by Indianapolis Power & Light Company (the "Company") and the underwriter or underwriters named therein (the "Underwriters"). With respect to any particular Terms Agreement, the Terms Agreement, together with the provisions hereof incorporated therein by reference, is herein referred to as this "Agreement." Terms defined in the Terms Agreement are used herein as therein defined. The Company may issue and sell from time to time series of its Cumulative Preferred Stock, $100 par value, registered under the registration statement referred to in Paragraph 1(a) hereof (the "New Preferred Stock"). The New Preferr...
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Examples of Fund Requirements in a sentence

  • Tax Revenues shall be deposited in each Sinking Fund pursuant to the Sinking Fund Requirements specified by Series Resolution, which deposits may be adjusted to recognize early retirement of Bonds and earnings and profits on Eligible Investments in each Sinking Fund (if required by the Authority’s tax covenants or directed by Officer’s Certificate to be retained therein) and shall be provided for as Quarterly Senior Debt Service or Quarterly Subordinate Debt Service.

  • Figures reflect Sinking Fund Requirements deposited for payment of the principal of Qualified School Construction Bonds.

  • The Bonds shall mature or be payable pursuant to Mandatory Redemption Requirements, in the case of Term Bonds, or Mandatory Sinking Fund Requirements, in the case of Sinking Fund Bonds, on the Principal Payment Dates and in principal amounts as shall be determined by the Treasurer in the Certificate of Award (subject to subsection (c) of this Section), consistent with the Treasurer’s determination of the best interest of and financial advantages to the School District.

  • Mandatory Sinking Fund Requirements, if any, shall be payable when due to the Bond Registrar and applied as provided in the Bond Registrar Agreement.

  • In this Item, the minimum amount covering 97.72% confidence level means the smallest figure of the 3-day Largest Fund Requirements out of those constituting upper 2.28%, such that the proportion of the number of the 3-day Largest Fund Requirements smaller than such figure exceeds 97.72% of the entire number of the 3-day Largest Fund Requirements during the past 250 day period.

  • Principal (excluding any Mandatory Sinking Fund Requirements) of and any premium on the Current Interest Bonds, and principal of and interest on any Capital Appreciation Bonds, shall be payable when due upon presentation and surrender of the Bonds at the designated corporate trust office of the Bond Registrar.

  • However, if the Default Fund Exit occurs less than ten (10) Business Days prior to the date the Clearinghouse is to notify the next Fund Requirements in accordance with Section 5.1 in respect of such first Contribution Day, the Contributed Assets and the guarantee commitment will be released on the next Contribution Day following such first Contribution Day.

  • Notwithstanding the foregoing, if and so long as the Bonds are issued in a book-entry system, principal (excluding any Mandatory Sinking Fund Requirements) of and interest and any premium on the Bonds shall be payable in the manner provided in any agreement entered into by the Treasurer, in the name and on behalf of the School District, in connection with the book-entry system.

  • Sinking Fund Requirements$ -$ -$ -(b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11) times 20 $ -(c) Deduction$-(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above (e) Total Deduction (Deficit in revenues)$-(f) NonDeductible Combined GO Debt 4.

  • The Fund Requirements shall be satisfied through each Default Fund Participant providing Eligible Funds to cover any Default Losses in respect of Relevant Participants (including itself) in accordance with the Default Fund Rules.


More Definitions of Fund Requirements

Fund Requirements. None. Conversion provisions: None. Listing requirements: The Company will make application to list the Debentures for trading on the New York Stock Exchange. Black-out provisions: Between the date hereof and April 15, 1998, the Company will not, without the prior written consent of the Representatives, directly or indirectly, issue, sell, offer or contract to sell, grant any option for the sale of, or otherwise dispose of, any debt securities of the Company.
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Related to Fund Requirements

  • Reserve Fund Requirement means (i) on any Payment Date other than a Payment Date described in clause (ii), an amount equal to 0.50% of the Aggregate Securitization Value of the 2011-1 Leases as of the Cutoff Date or (ii) on any Payment Date occurring on or after the date on which the Note Balance has been reduced to zero, zero.

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • Reporting Requirements As defined in Section 11.12.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • REIT Requirements has the meaning set forth in Section 5.2.

  • Authority Requirements means the operational requirements, functions and characteristics of the Framework set out in Schedule 1 (Statement of Requirements)

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Eligibility Requirements means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $600,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $250,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans or operating commercial mortgage properties.

  • Requirements means and include schedules, details, description, statement of technical data, performance characteristics, standards (Indian as well as International) as applicable and specified in the Contract.

  • Listings Requirements means the listings requirements of the JSE from time to time;

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Storage Injection Requirements means all volumes required by the Seller for injection into underground storage, including cushion gas, and for liquification, including fuel used for injection and in liquification plants, or for such other storage projects that may be developed expressly for the protection of supply to high priority users.

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • Qualification Requirements means the qualification requirements as set forth in Section-2, Clause 2.1 of this RFP;

  • Debt Service Reserve Fund Requirement means, with respect to the 2023 Series B Bonds and as of each determination date, an amount equal to maximum annual debt service on the 2023 Series B Bonds Outstanding from time to time and, with respect to any other Series of Bonds, the amount set forth in the Related Series Indenture.

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.

  • Relevant Requirements means all applicable Law relating to bribery, corruption and fraud, including the Bribery Act 2010 and any guidance issued by the Secretary of State for Justice pursuant to section 9 of the Bribery Act 2010;

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.