Common use of Operating Reserve Account Clause in Contracts

Operating Reserve Account. The Sponsor shall fund an operating reserve account in accordance with UMR Section 8308. The specific amount of the Operating Reserve Account shall be set forth in the regulatory agreement.

Appears in 3 contracts

Samples: VHHP General Terms and Conditions, MHP General Terms and Conditions, MHP General Terms and Conditions

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Operating Reserve Account. The Sponsor shall fund an operating reserve account in accordance with UMR Section 83088308 of the UMRs and subject to the requirements thereof. The specific amount of the Operating Reserve Account shall be set forth in the regulatory agreementRegulatory Agreement.

Appears in 1 contract

Samples: s3-us-west-2.amazonaws.com

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