Contingency Reserve Fund definition

Contingency Reserve Fund means the subfund of the Neighbours’ Fund that is comprised of a reserve of funds to pay for unexpected or unbudgeted repairs and expenses that require immediate action.
Contingency Reserve Fund means a fund for common expenses that usually occur less often than once a year or that do not usually occur, as set out in section 92(b);
Contingency Reserve Fund means a fund for Common Expenses which occur less often than once a year;

Examples of Contingency Reserve Fund in a sentence

  • The parties have mutually established a fund to be known as the Health Care Contingency Reserve Fund (HCCRF).

  • The Board shall establish both an Operating Contingency Reserve Fund and a Capital Equipment Replacement Fund and shall call for funding of such reserves in each budget at a level the Board determines appropriate.

  • This payment may include a transfer of funds from the Contingency Reserve Fund where permitted under the Act.

  • As stated in Section 8.2.a, above, the District shall adopt a PEMHCA Resolution providing that the District’s contribution toward medical insurance provided by CalPERS Health will be the minimum contribution level established by CalPERS pursuant to Government Code 22892, plus administrative fees and Contingency Reserve Fund assessments.

  • E.R.S. require a contribution to the Public Employee’s Contingency Reserve Fund, the District will be responsible for providing the funding for this contribution.


More Definitions of Contingency Reserve Fund

Contingency Reserve Fund means that certain account which may be established from time to time by the Tribe with the Cottonport Bank as the Contingency Reserve Fund pursuant to Section 5.10.4 of the Management Contract.
Contingency Reserve Fund means a fund for common expenses that usually occur less often than once a year or that do not usually occur, as set out in section 92(b) of the Act.
Contingency Reserve Fund is a reserve fund supported proportionately with contributions by the service partners, i.e., the “Contingency Reserve Charge,” in order to fund unanticipated increases in transit service expenses such as fuel costs. The overall Contingency Reserve goal shall be $2 million to be built up over a period of four years by all of the service partners. The Contingency Reserve Fund will be segregated by PARTNER with a separate Contingency Reserve Account for each contracted service PARTNER.
Contingency Reserve Fund means a separate fund maintained for payment of claims in excess of the pool retention fund amount.
Contingency Reserve Fund means that amount of the Arkansas Public Employees Retirement System's assets at cost determined by the annual actuarial valuation to be in excess of the total system benefit liabilities. There shall be annual transfers between the employees' accumulation account and the contingency reserve fund as necessary to recognize the actuarially determined balance of that fund.
Contingency Reserve Fund means the Wastewater Revenue Bond Contingency Reserve Fund created by Section 5.5.
Contingency Reserve Fund means that certain Account No. ________________________ owned and maintained by the Tribe with the Cottonport Bank as the Contingency Reserve Fund pursuant to Section 5.10.4 of the Management Contract.