Adjustment Reserve definition

Adjustment Reserve means, with respect to any Purchased Receivable on its Purchase Date, an amount equal to its Net Face Value multiplied by the Approved Obligor Adjustment Rate of the Obligor thereof. For the avoidance of doubt, for any Obligor that has an Approved Obligor Adjustment Rate of 0%, the Adjustment Reserve relating to Receivables of such Obligor shall be $0.
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Adjustment Reserve means an amount equal to $500,000.
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Adjustment Reserve has the meaning specified in Section 1.5(c)(i).
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Examples of Adjustment Reserve in a sentence

  • A consumer acquiring a used manufactured home to be installed is responsible for the proper preparation of the site where the manufactured home will be installed except as set forth in §80.22 of this chapter (relating to Generic Standards for Moisture and Ground Vapor Controls).

  • Banks are required to create Investment Adjustment Reserve equal to 2% of Value of investment.

  • TheseEUR 5 billion will be used for a new special Brexit Adjustment Reserve to be established to counter unforeseen and adverse consequences in Member States and sectors that are worst affected.

  • The Collection Fund Adjustment Reserve identifies the element of the Collection Fund balance that is due to this Council.

  • Each Member State’s share from pre-financing of the Brexit Adjustment Reserve is determined as the sum of a factor linked to the fish caught in the waters that belong to the UK Exclusive Economic Zone (EEZ) and a factor linked to trade with the UK.

  • Without prejudice to the Single Margin Instrument, the maximum total amount of the Special Instruments for 2021-2027 outside of the ceilings will be EUR 20 106 million, to be able to address new priorities and unforeseen events in light of the rapidly changing situation following COVID-19, of which EUR 5 000 million will be available for a new special Brexit Adjustment Reserve to be established to counter adverse consequences in Member States and sectors that are worst affected.

  • The appropriations for the Brexit Adjustment Reserve shall be entered into the general budget of the Union as a provision.

  • A Brexit Adjustment Reserve shall provide assistance to counter unforeseen and adverse consequences in Member States and sectors that are worst affected by the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, subject to and in accordance with the conditions set out in the relevant instrument.

  • BIM has been entrusted by the Department of Agriculture, Food and the Marine (DAFM) with the implementation, management, supervision and operation of the schemes under the Brexit Adjustment Reserve.

  • The Brexit Adjustment Reserve shall not exceed an amount of EUR 5 000 million (in 2018 prices).


More Definitions of Adjustment Reserve

Adjustment Reserve means an amount equal to (i) in the first week of any Fiscal Month, 10% of an amount equal to 60% or 70% (or such lesser or greater percentage as may then constitute the applicable advance rate against Eligible Inventory) of the remainder derived by subtracting the Inventory valuation reflected on the forecasted monthly balance sheet prepared as of the last day of the following Fiscal Month and delivered to the Administrative Agent and the Lenders pursuant to Section 10.1(c) (or any revised forecasted balance sheet delivered to and accepted by the Administrative Agent and the Lenders) from the greater of (x) the Cost of Inventory reflected on the Borrowing Base Certificate most recently delivered to the Administrative Agent pursuant to Section 8.14(c) and (y) the Inventory valuation reflected on the forecasted monthly balance sheet prepared as of the last day of such Fiscal Month and delivered to the Administrative Agent and the Lenders pursuant to Section 10.1(c) (or any revised forecasted balance sheet delivered to and accepted by the Administrative Agent and the Lenders) (such amount, hereinafter referred to as the “Reserve Amount”), (ii) in the second week of any Fiscal Month, 20% of the Reserve Amount, (iii) in the third week of any Fiscal Month, 30% of the Reserve Amount, and (iv) in the fourth week of any Fiscal Month, 40% of the Reserve Amount. At no time shall the Adjustment Reserve be less than zero.
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Related to Adjustment Reserve

  • Replacement Reserve As defined in Section 9.5.1.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Cash Reserve means for any Financed Receivable which has been paid in full during a Monthly Period, the amount by which the amount(s) paid on such Financed Receivable exceeds the Advance made on such Financed Receivable.

  • Interest Reserve means, for any Calculation Period, the product (expressed as a percentage) of (i) 1.5 times (ii) the Alternate Base Rate as of the immediately preceding Cut-Off Date times (iii) a fraction the numerator of which is the highest Days Sales Outstanding for the most recent 12 Calculation Periods and the denominator of which is 360.

  • Replacement Reserve Fund shall have the meaning set forth in Section 7.3.1 hereof.

  • Rent Reserve means, with respect to any leased store, warehouse distribution center, regional distribution center or depot where any Inventory subject to Liens arising by operation of law is located, a reserve equal to two months’ rent at such store, warehouse distribution center, regional distribution center or depot.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Interest Reserve Amount has the meaning set forth in Section 5.1(d).

  • FF&E Reserve shall have the meaning given such term in Section 5.1.2(a).

  • Adjustment Escrow Amount means $1,000,000.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Adjustment ratio means the value of index A divided by index

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Reserve Draw Amount shall have the meaning specified in subsection 4.12(c).

  • LC Reserve the aggregate of all LC Obligations, other than (a) those that have been Cash Collateralized; and (b) if no Default or Event of Default exists, those constituting charges owing to the Issuing Bank.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Excess Reserve Fund Account The separate Eligible Account created and maintained by the Securities Administrator pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator for the benefit of the Regular Certificateholders and designated "Wells Fargo Bank, National Association in trust for registered Holders xx Xxrgan Stanley Capital I Inc. Trust 2006-HE2, Mortgage Pass-Through Cerxxxxxxtxx, Xxxies 2006-HE2." Funds in the Excess Reserve Fund Account shall be held in trust for the Regular Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Required Reserve Fund Amount With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds (ii) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. Provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of LIBOR Certificates has been reduced to zero, the Required Reserve Fund Amount shall be zero.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Required Reserve Factor Floor means, for any month, the sum (expressed as a percentage) of (i) 19.55% plus (ii) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.