External sinking fund definition

External sinking fund means a fund established and maintained by depositing money periodically in an account segregated from the licensee’s assets and outside the licensee’s administrative control in which the total amount of money to be accumulated before the termination of the operation is expected is sufficient to pay the costs of decommissioning. The term includes, without limitation, a trust, escrow account, government fund, certificate of deposit or deposit of government securities.
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External sinking fund means an account, segregated from licensee assets and outside the licensee’s administrative con- trol, into which monies are periodically deposited that are suffi- cient to pay decommissioning costs expected at the time licensee operations are terminated.
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External sinking fund means an account, segregated from licensee assets and outside the licensee's administrative control, into which monies are periodically deposited that are sufficient to pay decommissioning costs expected at the time licensee operations are terminated.
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Examples of External sinking fund in a sentence

  • The surety method or insurance shall remain in effect until the department terminates the license.(c) External sinking fund.

  • A new HLF Grant is supporting years 7 and 8, as part of the Shorne HubCAP Project.

  • No relief shall be available under this Article if it was the main purpose or one of the main purposes of any person concerned with an assignment of the royalties, or with the creation or assignment of the rights in respect of which the royalties are paid, or with the establishment, acquisition or maintenance of the company that is the beneficial owner of the royalties and the conduct of its operations, to take advantage of this Article.

  • Actual earnings on existing funds may be used to calculate future fund needs.(b) External sinking fund.


More Definitions of External sinking fund

External sinking fund means a fund established and maintained by depositing money periodically in an account segregated from the licensee’s assets and outside the licensee’s
Sample 1Sample 2Sample 3
External sinking fund means a fund established and maintained by depositing money periodically in an account segregated from the licensee’s assets and outside the licensee’s administrative control in which the total amount of money to be accumulated before the
Sample 1Sample 2Sample 3
External sinking fund means an account, segregated from licensee assets and outside the licensee’s administrative con-
Sample 1Sample 2

Related to External sinking fund

  • Interest and Sinking Fund means the interest and sinking fund established by Section 8.01(a).

  • Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Original Signed By XXXXXXX XXXX XXXXXXX

  • Directional sign means a sign that contains only directional information regarding and the identification of 1 of the following:

  • Additional Tier 1 Capital means capital which is treated as Additional Tier 1 capital (or any equivalent or successor term) under CRD IV requirements by the Relevant Regulator for the purposes of the Issuer and the Group;

  • Principal Underwriter shall have the meanings given them in the 1940 Act.

  • Incidental sign means a small sign, emblem, or decal informing the public of goods, facilities or services available on the premises (e.g., a credit card sign or a sign indicating hours of business).

  • Securities Market means an established securities market.

  • Lot Size means the number Underlying Assets in one Lot in a CFD.

  • unlimited company means a company formed on the principle of having no limit placed on the liability of its members;

  • Investment Company means an investment company as defined in the Investment Company Act.

  • Sinking Fund Account means the sinking fund account established and held by the Treasurer of Charleston County designed to provide for the payment of the principal of, premium, if any, and interest on the Bonds, as the same respectively fall due.

  • AIFM means the person, firm or corporation appointed and from time to time acting as the alternative investment fund manager of the ICAV (if any) pursuant to the AIFM Regulations, which may be the ICAV itself, the Investment Manager or another service provider to the ICAV.

  • AIFMD means Directive 2011/61/EU on Alternative Investment Fund Managers (as amended from time to time and as implemented by Member States of the European Union) together with any implemented or delegated regulation, technical standards and guidance related thereto as may be amended, replaced or supplemented from time to time.

  • Tier 1 Capital means Tier 1 capital for the purposes of the Capital Regulations.

  • Political sign means a sign advertising a candidate or candidates for public elective office, or a political party, or a sign urging a particular vote on a public issue decided by ballot.

  • Multi-factor Authentication means controlling access to computers and other IT resources by requiring two or more pieces of evidence that the user is who they claim to be. These pieces of evidence consist of something the user knows, such as a password or PIN; something the user has such as a key card, smart card, or physical token; and something the user is, a biometric identifier such as a fingerprint, facial scan, or retinal scan. “PIN” means a personal identification number, a series of numbers which act as a password for a device. Since PINs are typically only four to six characters, PINs are usually used in conjunction with another factor of authentication, such as a fingerprint.