Contingency Reserves definition
Examples of Contingency Reserves in a sentence
Contingency Reserves, in the amount of 3% of the Purchaser’s in-hour maximum operating capability, are programmatically withheld from the Purchaser’s slice.
The Closing Date Balance Sheet shall include appropriate footnotes thereto, including a footnote specifically identifying the categories of liabilities that make up the Contingency Reserves.
The Contingency Reserves shown on the June 30, 1995 Balance Sheet are consistent with past practice, and the Contingent Reserve Amount will be adequate to pay all Specified Contingent Liabilities.
Contingency Reserves will consist of Spinning and Nonspinning Reserves.
Contingency Reserves will be provided from CVP generation as available, or procured from other sources as necessary.
The Borrower covenants and agrees that the amount allocated as Contingency Reserves in each Construction Budget shall not exceed ten percent (10%) without the prior approval of the Agent.
Through the activity of the State Agency for Contingency Reserves and Wartime Stockage, the Ministry of Emergency Situations participates in the elaboration and conduct of the state policy in the sphere of planning, building up, storage, preservation, renewal, maintenance, use and control of contingency reserves and wartime stockage and of the mandatory stocks of crude oil and petroleum products.
Deductions will include: - Service Fees (Exhibits A and D); - Billing Costs (Exhibit B); - Bad Debt Reserves (Exhibit C); - HBS Reserve; - Pass-through of chargebacks and credits invoiced to Customer as enumerated in Para 3.3 (b.) through Para 3.3 (f.) above ; - Termination and Contingency Reserves (Section VI); To the extent possible, HBS will chargeback (or credit) customer for items related specifically to its end-user accounts.
Notwithstanding the foregoing, any reallocation of the Reserves, including the Contingency Reserves shall be subject to the prior written approval of Lender.
City shall, within ten (10) days thereafter furnish the Airlines' Representative with a copy of such certificate, together with a notice of any adjustments City will make under this Section 9.07(c) to the Funding Contingency Reserves.